Tokyo Board Industries Co (TSE:7815) Interest Coverage: 1.68 (As of Dec. 2025) — 94% Below Median

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TSE:7815 Tokyo Board Industries Co Ltd TSE:7815
46 GF Score
Price 円366.00
GF Value 円457.80
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Tokyo Board Industries Co Interest Coverage?

Tokyo Board Industries Co TSE:7815 -1.35% 46 Interest Coverage is 1.68 as of Dec. 2025, which is 94% below its 10-year median of 29.78. GuruFocus rates TSE:7815 with a GF Score™ of 46/100 and a GF Value™ of 円457.80 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 185 Forest Products companies, Tokyo Board Industries Co ranks worse than 540540% 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. Tokyo Board Industries Co's Operating Income for the three months ended in Dec. 2025 was 円62 Mil. Tokyo Board Industries Co's Interest Expense for the three months ended in Dec. 2025 was 円-37 Mil. Tokyo Board Industries Co's interest coverage for the quarter that ended in Dec. 2025 was 1.68. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Tokyo Board Industries Co's Interest Coverage or its related term are showing as below:


TSE:7815's Interest Coverage is not ranked *
in the Forest Products industry.
Industry Median: 3.87
* Ranked among companies with meaningful Interest Coverage only.

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


Tokyo Board Industries Co  (TSE:7815) 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 .


Tokyo Board Industries Co Interest Coverage Related Terms


Tokyo Board Industries Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Tokyo Board Industries 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.

Tokyo Board Industries Co Interest Coverage Chart

Tokyo Board Industries Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Tokyo Board Industries Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 May26
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 N/A 1.29 0.00 1.68 0.00

TSE:7815 vs SSD, UFPI, BCC: Interest Coverage Comparison

For the Lumber & Wood Production subindustry, Tokyo Board Industries 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.


Tokyo Board Industries Co Interest Coverage vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Tokyo Board Industries Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Tokyo Board Industries Co's Interest Coverage falls into.


TSE:7815
46GF Score
Tokyo Board Industries Co Ltd TSE:7815
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyo Board Industries 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.

Tokyo Board Industries Co's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, Tokyo Board Industries Co's Interest Expense was 円-70 Mil. Its Operating Income was 円-940 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,400 Mil.

Tokyo Board Industries Co did not have earnings to cover the interest expense.

Tokyo Board Industries Co's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Tokyo Board Industries Co's Interest Expense was 円-37 Mil. Its Operating Income was 円62 Mil. And its Long-Term Debt & Capital Lease Obligation was 円926 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*61.794/-36.878
=1.68

* 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 1.68 mean?
Tokyo Board Industries Co (TSE:7815) has a Interest Coverage of 1.68 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tokyo Board Industries Co and its competitors. This is 94% below median its historical median of 29.78. According to the industry distribution chart, Tokyo Board Industries Co ranks #999999 out of 185 companies in the Forest Products industry.
Is Tokyo Board Industries Co's Interest Coverage too high?
Tokyo Board Industries Co's current Interest Coverage of 1.68 is 94% below median its 10-year median of 29.78. The Forest Products industry median Interest Coverage is 3.87. Tokyo Board Industries Co's value of 1.68 is 56.6% below this industry median. Based on the distribution chart, Tokyo Board Industries Co ranks #999999 out of 185 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Tokyo Board Industries Co has a GF Score™ of 46/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tokyo Board Industries Co's Interest Coverage compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Tokyo Board Industries Co ranks #999999 out of 185 companies for Interest Coverage. This places Tokyo Board Industries Co in the lower half of its industry. The industry median Interest Coverage is 3.87. Tokyo Board Industries Co's value of 1.68 is 56.6% below this benchmark. While the company's 10-year median is 29.78 vs. the industry median of 3.87, Tokyo Board Industries Co has consistently been below 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 Forest Products company?
The median Interest Coverage among Forest Products companies is 3.87, based on 185 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. Tokyo Board Industries Co's current Interest Coverage of 1.68 is 56.6% below 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 Tokyo Board Industries Co and its competitors. For the Forest Products industry, the median Interest Coverage is 3.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyo Board Industries Co's current Interest Coverage is 1.68, which is 94% below median its own 10-year median of 29.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyo Board Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyo Board Industries Co (TSE:7815) is currently considered Modestly Undervalued. The stock's GF Value™ is 円457.80, compared to a current price of 円366.00 — trading 20.1% below its estimated fair value. The current Interest Coverage is 1.68, which is 94% below median its 10-year median of 29.78 and 56.6% below the Forest Products industry median of 3.87. Tokyo Board Industries Co's overall GF Score™ is 46/100 with 5 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 Tokyo Board Industries Co (TSE:7815), the current Interest Coverage is 1.68 as of Dec. 2025. 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 Tokyo Board Industries Co (TSE:7815) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyo Board Industries Co stock appears to be undervalued. The current stock price of 円366.00 is trading 20.1% below its estimated GF Value™ of 円457.80. GuruFocus considers Tokyo Board Industries Co to be Modestly Undervalued.

Key valuation signals for TSE:7815:

  • Interest Coverage: 1.68 (94% below median its 10-year median of 29.78)
  • GF Value™: 円457.80 vs. price of 円366.00 (20.1% below fair value)
  • GF Score™: 46/100 with 5 warning signs
  • Industry Position: 56.6% below the Forest Products median (#999999 of 185)

No single metric tells the full story. See the TSE:7815 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyo Board Industries Co Business Description

Address Shinkiba 2-11-1, Koto-ku, Tokyo, JPN, 136-0082
Tokyo Board Industries Co Ltd is engaged in the manufacture and sale of particleboard. Its operating segments include Particle board; Waste collection, transportation & processing; and Others.
46GF Score

Get the complete analysis for TSE:7815

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

円366.00
Price
円457.80
GF Value