for Startups (TSE:7089) Interest Coverage: 278.29 (As of Mar. 2026) — 66% Below Median


TSE:7089 for Startups Inc TSE:7089
91 GF Score
Price 円1,528.00
GF Value 円1,279.98
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is for Startups Interest Coverage?

for Startups TSE:7089 +0.99% 91 Interest Coverage is 278.29 as of Mar. 2026, which is 66% below its 10-year median of 810.66. GuruFocus rates TSE:7089 with a GF Score™ of 91/100 and a GF Value™ of 円1,279.98 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 815 Business Services companies, for Startups ranks better than 84.29% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. for Startups's Operating Income for the six months ended in Mar. 2026 was 円792 Mil. for Startups's Interest Expense for the six months ended in Mar. 2026 was 円-3 Mil. for Startups's interest coverage for the quarter that ended in Mar. 2026 was 278.29. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. for Startups Inc has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for for Startups's Interest Coverage or its related term are showing as below:

TSE:7089' s Interest Coverage Range Over the Past 10 Years
Min: 106.81   Med: 810.66   Max: No Debt
Current: 184.63


TSE:7089's Interest Coverage is ranked better than
84.29% of 815 companies
in the Business Services industry
Industry Median: 13.21 vs TSE:7089: 184.63

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


for Startups  (TSE:7089) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


for Startups Interest Coverage Related Terms


for Startups Interest Coverage Historical Data

* Premium members only.

The historical data trend for for Startups's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

for Startups Interest Coverage Chart

for Startups Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 780.39 810.66 2,288.99 106.81 184.63

for Startups Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,433.20 247.22 82.22 101.96 278.29

TSE:7089 vs KFY, RHI, TNET: Interest Coverage Comparison

For the Staffing & Employment Services subindustry, for Startups's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


for Startups Interest Coverage vs Business Services Industry

For the Business Services industry and Industrials sector, for Startups's Interest Coverage distribution charts can be found below:

* The bar in red indicates where for Startups's Interest Coverage falls into.


TSE:7089
91GF Score
for Startups Inc TSE:7089
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

for Startups Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

for Startups's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, for Startups's Interest Expense was 円-6 Mil. Its Operating Income was 円1,120 Mil. And its Long-Term Debt & Capital Lease Obligation was 円285 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1120.35/-6.068
=184.63

for Startups's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, for Startups's Interest Expense was 円-3 Mil. Its Operating Income was 円792 Mil. And its Long-Term Debt & Capital Lease Obligation was 円285 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*791.735/-2.845
=278.29

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 278.29 mean?
for Startups (TSE:7089) has a Interest Coverage of 278.29 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on for Startups and its competitors. This is 66% below median its historical median of 810.66. Over the past decade, for Startups' Interest Coverage has ranged from 106.81 to 10,000.00. According to the industry distribution chart, for Startups ranks #128 out of 815 companies in the Business Services industry, placing it in the top 15.7%.
Is for Startups' Interest Coverage too high?
for Startups' current Interest Coverage of 278.29 is 66% below median its 10-year median of 810.66. Over the past 10 years, this metric has ranged from a low of 106.81 to a high of 10,000.00. The Business Services industry median Interest Coverage is 13.21. for Startups' value of 278.29 is 2006.7% above this industry median. Based on the distribution chart, for Startups ranks #128 out of 815 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, for Startups has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does for Startups' Interest Coverage compare to KFY and RHI?
According to the Business Services industry distribution chart, for Startups ranks #128 out of 815 companies for Interest Coverage. This places for Startups in the top 16% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 13.21. for Startups' value of 278.29 is 2006.7% above this benchmark. Historically, for Startups' own Interest Coverage has ranged from 106.81 to 10,000.00 over the past decade. While the company's 10-year median is 810.66 vs. the industry median of 13.21, for Startups has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Business Services company?
The median Interest Coverage among Business Services companies is 13.21, based on 815 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. for Startups's current Interest Coverage of 278.29 is 2006.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on for Startups and its competitors. For the Business Services industry, the median Interest Coverage is 13.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. for Startups's current Interest Coverage is 278.29, which is 66% below median its own 10-year median of 810.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is for Startups stock overvalued right now?
Based on GuruFocus' analysis, for Startups (TSE:7089) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,279.98, compared to a current price of 円1,528.00 — trading 19.4% above its estimated fair value. The current Interest Coverage is 278.29, which is 66% below median its 10-year median of 810.66 and 2006.7% above the Business Services industry median of 13.21. for Startups' overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For for Startups (TSE:7089), the current Interest Coverage is 278.29 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is for Startups (TSE:7089) Overvalued in 2026?

Based on GuruFocus' analysis, for Startups stock appears to be overvalued. The current stock price of 円1,528.00 is trading 19.4% above its estimated GF Value™ of 円1,279.98. GuruFocus considers for Startups to be Modestly Overvalued.

Key valuation signals for TSE:7089:

  • Interest Coverage: 278.29 (66% below median its 10-year median of 810.66)
  • GF Value™: 円1,279.98 vs. price of 円1,528.00 (19.4% above fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 2006.7% above the Business Services median (#128 of 815)

No single metric tells the full story. See the TSE:7089 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


for Startups Business Description

Address Izumi Garden Tower 36th Floor, 1-6-1 Roppongi, Minato-ku, Tokyo, JPN, 106-6036
for Startups Inc offers support to startup companies.
91GF Score

Get the complete analysis for TSE:7089

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,528.00
Price
円1,279.98
GF Value