Starts Publishing (TSE:7849) Interest Coverage: No Debt (1) (As of Dec. 2025) — 100% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:7849 Starts Publishing Corp TSE:7849
86 GF Score
Price 円3,490.00
GF Value 円3,954.10
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Starts Publishing Interest Coverage?

Starts Publishing TSE:7849 -0.43% 86 Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 10,000.00. GuruFocus rates TSE:7849 with a GF Score™ of 86/100 and a GF Value™ of 円3,954.10 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 603 Media - Diversified companies, Starts Publishing ranks worse than 165837.31% 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. Starts Publishing's Operating Income for the three months ended in Dec. 2025 was 円0 Mil. Starts Publishing's Interest Expense for the three months ended in Dec. 2025 was 円0 Mil. Starts Publishing has no debt. 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. Starts Publishing Corp has enough cash to cover all of its debt. Its financial situation is stable.

(1) 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.

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


TSE:7849's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.88
* 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.


Starts Publishing  (TSE:7849) 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 .


Starts Publishing Interest Coverage Related Terms


Starts Publishing Interest Coverage Historical Data

* Premium members only.

The historical data trend for Starts Publishing'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.

Starts Publishing Interest Coverage Chart

Starts Publishing Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Starts Publishing Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 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 No Debt No Debt No Debt No Debt N/A

TSE:7849 vs NYT, WLY: Interest Coverage Comparison

For the Publishing subindustry, Starts Publishing'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.


Starts Publishing Interest Coverage vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Starts Publishing's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Starts Publishing's Interest Coverage falls into.


TSE:7849
86GF Score
Starts Publishing Corp TSE:7849
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Starts Publishing 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.

Starts Publishing's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Starts Publishing's Interest Expense was 円0 Mil. Its Operating Income was 円1,757 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Starts Publishing had no debt (1).

Starts Publishing's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Starts Publishing's Interest Expense was 円0 Mil. Its Operating Income was 円0 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Starts Publishing had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Starts Publishing (TSE:7849) has a Interest Coverage of No Debt (1) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Starts Publishing and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Starts Publishing's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Starts Publishing ranks #999999 out of 603 companies in the Media - Diversified industry.
Is Starts Publishing's Interest Coverage too high?
Starts Publishing's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, Starts Publishing ranks #999999 out of 603 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Starts Publishing has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Starts Publishing's Interest Coverage compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Starts Publishing ranks #999999 out of 603 companies for Interest Coverage. This places Starts Publishing in the lower half of its industry. The industry median Interest Coverage is 11.88. Historically, Starts Publishing's own Interest Coverage has ranged from 10,000.00 to 10,000.00 over the past decade. 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 Media - Diversified company?
The median Interest Coverage among Media - Diversified companies is 11.88, based on 603 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. 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 Starts Publishing and its competitors. For the Media - Diversified industry, the median Interest Coverage is 11.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Starts Publishing's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starts Publishing stock overvalued right now?
Based on GuruFocus' analysis, Starts Publishing (TSE:7849) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,954.10, compared to a current price of 円3,490.00 — trading 11.7% below its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Starts Publishing's overall GF Score™ is 86/100 with 2 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 Starts Publishing (TSE:7849), the current Interest Coverage is No Debt (1) 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 Starts Publishing (TSE:7849) Overvalued in 2026?

Based on GuruFocus' analysis, Starts Publishing stock appears to be undervalued. The current stock price of 円3,490.00 is trading 11.7% below its estimated GF Value™ of 円3,954.10. GuruFocus considers Starts Publishing to be Modestly Undervalued.

Key valuation signals for TSE:7849:

  • Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
  • GF Value™: 円3,954.10 vs. price of 円3,490.00 (11.7% below fair value)
  • GF Score™: 86/100 with 2 warning signs

No single metric tells the full story. See the TSE:7849 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Starts Publishing Business Description

Address 5-33-14 Nakakasai, Edogawa-ku, Tokyo, JPN, 104-0031
Starts Publishing Corp is engaged in Tokyo marketing domain which include event planning and management and sales to publishing store, and post contents of the domain. Its segments include: Book content business; and Media Solutions Business. It derives maximum revenue from Book content business segment.
86GF Score

Get the complete analysis for TSE:7849

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

円3,490.00
Price
円3,954.10
GF Value