Car Mate Mfg Co (TSE:7297) Interest Coverage: 147.33 (As of Mar. 2026) — 82% Above Median

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TSE:7297 Car Mate Mfg Co Ltd TSE:7297
65 GF Score
Price 円867.00
GF Value 円786.26
Valuation Fairly Valued
! 3 Warning Signs
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What is Car Mate Mfg Co Interest Coverage?

Car Mate Mfg Co TSE:7297 -1.48% 65 Interest Coverage is 147.33 as of Mar. 2026, which is 82% above its 10-year median of 80.86. GuruFocus rates TSE:7297 with a GF Score™ of 65/100 and a GF Value™ of 円786.26 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,069 Vehicles & Parts companies, Car Mate Mfg Co ranks better than 81.29% 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. Car Mate Mfg Co's Operating Income for the six months ended in Mar. 2026 was 円812 Mil. Car Mate Mfg Co's Interest Expense for the six months ended in Mar. 2026 was 円-6 Mil. Car Mate Mfg Co's interest coverage for the quarter that ended in Mar. 2026 was 147.33. 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. Car Mate Mfg Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Car Mate Mfg Co's Interest Coverage or its related term are showing as below:

TSE:7297' s Interest Coverage Range Over the Past 10 Years
Min: 23.51   Med: 80.86   Max: 548.45
Current: 52.24


TSE:7297's Interest Coverage is ranked better than
81.29% of 1069 companies
in the Vehicles & Parts industry
Industry Median: 8.36 vs TSE:7297: 52.24

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


Car Mate Mfg Co  (TSE:7297) 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 .


Car Mate Mfg Co Interest Coverage Related Terms


Car Mate Mfg Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Car Mate Mfg Co'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.

Car Mate Mfg Co Interest Coverage Chart

Car Mate Mfg Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 548.45 162.09 45.71 27.14 52.24

Car Mate Mfg Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 145.55 6.73 49.51 0.00 147.33

TSE:7297 vs ORLY, AZO: Interest Coverage Comparison

For the Auto Parts subindustry, Car Mate Mfg Co'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.


Car Mate Mfg Co Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Car Mate Mfg Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Car Mate Mfg Co's Interest Coverage falls into.


TSE:7297
65GF Score
Car Mate Mfg Co Ltd TSE:7297
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Car Mate Mfg Co 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.

Car Mate Mfg Co'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, Car Mate Mfg Co's Interest Expense was 円-12 Mil. Its Operating Income was 円604 Mil. And its Long-Term Debt & Capital Lease Obligation was 円830 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*604.455/-11.571
=52.24

Car Mate Mfg Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Car Mate Mfg Co's Interest Expense was 円-6 Mil. Its Operating Income was 円812 Mil. And its Long-Term Debt & Capital Lease Obligation was 円830 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*812.229/-5.513
=147.33

* 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 147.33 mean?
Car Mate Mfg Co (TSE:7297) has a Interest Coverage of 147.33 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Car Mate Mfg Co and its competitors. This is 82% above median its historical median of 80.86. Over the past decade, Car Mate Mfg Co's Interest Coverage has ranged from 23.51 to 548.45. According to the industry distribution chart, Car Mate Mfg Co ranks #200 out of 1069 companies in the Vehicles & Parts industry, placing it in the top 18.7%.
Is Car Mate Mfg Co's Interest Coverage too high?
Car Mate Mfg Co's current Interest Coverage of 147.33 is 82% above median its 10-year median of 80.86. Over the past 10 years, this metric has ranged from a low of 23.51 to a high of 548.45. The Vehicles & Parts industry median Interest Coverage is 8.36. Car Mate Mfg Co's value of 147.33 is 1662.3% above this industry median. Based on the distribution chart, Car Mate Mfg Co ranks #200 out of 1069 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Car Mate Mfg Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Car Mate Mfg Co's Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Car Mate Mfg Co ranks #200 out of 1069 companies for Interest Coverage. This places Car Mate Mfg Co in the top 19% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 8.36. Car Mate Mfg Co's value of 147.33 is 1662.3% above this benchmark. Historically, Car Mate Mfg Co's own Interest Coverage has ranged from 23.51 to 548.45 over the past decade. While the company's 10-year median is 80.86 vs. the industry median of 8.36, Car Mate Mfg Co 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.36, based on 1,069 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. Car Mate Mfg Co's current Interest Coverage of 147.33 is 1662.3% 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 Car Mate Mfg Co and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Car Mate Mfg Co's current Interest Coverage is 147.33, which is 82% above median its own 10-year median of 80.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Car Mate Mfg Co stock overvalued right now?
Based on GuruFocus' analysis, Car Mate Mfg Co (TSE:7297) is currently considered Fairly Valued. The stock's GF Value™ is 円786.26, compared to a current price of 円867.00 — trading 10.3% above its estimated fair value. The current Interest Coverage is 147.33, which is 82% above median its 10-year median of 80.86 and 1662.3% above the Vehicles & Parts industry median of 8.36. Car Mate Mfg Co's overall GF Score™ is 65/100 with 3 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 Car Mate Mfg Co (TSE:7297), the current Interest Coverage is 147.33 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 Car Mate Mfg Co (TSE:7297) Overvalued in 2026?

Based on GuruFocus' analysis, Car Mate Mfg Co stock appears to be overvalued. The current stock price of 円867.00 is trading 10.3% above its estimated GF Value™ of 円786.26. GuruFocus considers Car Mate Mfg Co to be Fairly Valued.

Key valuation signals for TSE:7297:

  • Interest Coverage: 147.33 (82% above median its 10-year median of 80.86)
  • GF Value™: 円786.26 vs. price of 円867.00 (10.3% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 1662.3% above the Vehicles & Parts median (#200 of 1069)

No single metric tells the full story. See the TSE:7297 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Car Mate Mfg Co Business Description

Address Toso 33 - 11 Nagasaki 5 - chome, Toshima-ku, Tokyo, JPN, 171-0051
Car Mate Mfg Co Ltd manufactures and sells auto parts and accessories. Its products include roof carrier, fishing rod carrier, car accessories, air fresheners, and flat wiper, among others. Further it also provides leisure and sporting goods and snowboards.
65GF Score

Get the complete analysis for TSE:7297

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

円867.00
Price
円786.26
GF Value