Asahi Kagaku Kogyo Co (TSE:7928) Interest Coverage: No Debt (1) (As of Feb. 2026) — 100% Below Median

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TSE:7928 Asahi Kagaku Kogyo Co Ltd TSE:7928
65 GF Score
Price 円654.00
GF Value 円573.36
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Asahi Kagaku Kogyo Co Interest Coverage?

Asahi Kagaku Kogyo Co TSE:7928 +0.31% 65 Interest Coverage is No Debt (1) as of Feb. 2026, which is 100% below its 10-year median of 961.84. GuruFocus rates TSE:7928 with a GF Score™ of 65/100 and a GF Value™ of 円573.36 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,337 Industrial Products companies, Asahi Kagaku Kogyo Co ranks better than 80.45% 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. Asahi Kagaku Kogyo Co's Operating Income for the three months ended in Feb. 2026 was 円23 Mil. Asahi Kagaku Kogyo Co's Interest Expense for the three months ended in Feb. 2026 was 円0 Mil. Asahi Kagaku Kogyo Co 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. Asahi Kagaku Kogyo Co Ltd 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 Asahi Kagaku Kogyo Co's Interest Coverage or its related term are showing as below:

TSE:7928' s Interest Coverage Range Over the Past 10 Years
Min: 89.77   Med: 961.84   Max: 11320
Current: 89.77


TSE:7928's Interest Coverage is ranked better than
80.45% of 2337 companies
in the Industrial Products industry
Industry Median: 14.63 vs TSE:7928: 89.77

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


Asahi Kagaku Kogyo Co  (TSE:7928) 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 .


Asahi Kagaku Kogyo Co Interest Coverage Related Terms


Asahi Kagaku Kogyo Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Asahi Kagaku Kogyo 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.

Asahi Kagaku Kogyo Co Interest Coverage Chart

Asahi Kagaku Kogyo Co Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,134.30 7,320.81 11,320.00 No Debt 0.00

Asahi Kagaku Kogyo Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 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 0.00 16.30 679.00 No Debt 0.00

TSE:7928 vs SNA, RBC, SWK: Interest Coverage Comparison

For the Tools & Accessories subindustry, Asahi Kagaku Kogyo 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.


Asahi Kagaku Kogyo Co Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asahi Kagaku Kogyo Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Asahi Kagaku Kogyo Co's Interest Coverage falls into.


TSE:7928
65GF Score
Asahi Kagaku Kogyo Co Ltd TSE:7928
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi Kagaku Kogyo 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.

Asahi Kagaku Kogyo Co's Interest Coverage for the fiscal year that ended in Aug. 2025 is calculated as

Here, for the fiscal year that ended in Aug. 2025, Asahi Kagaku Kogyo Co's Interest Expense was 円-1 Mil. Its Operating Income was 円-46 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Asahi Kagaku Kogyo Co did not have earnings to cover the interest expense.

Asahi Kagaku Kogyo Co's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Here, for the three months ended in Feb. 2026, Asahi Kagaku Kogyo Co's Interest Expense was 円0 Mil. Its Operating Income was 円23 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Asahi Kagaku Kogyo Co 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?
Asahi Kagaku Kogyo Co (TSE:7928) has a Interest Coverage of No Debt (1) as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Asahi Kagaku Kogyo Co and its competitors. This is 100% below median its historical median of 961.84. Over the past decade, Asahi Kagaku Kogyo Co's Interest Coverage has ranged from 89.77 to 11,320.00. According to the industry distribution chart, Asahi Kagaku Kogyo Co ranks #457 out of 2337 companies in the Industrial Products industry, placing it in the top 19.6%.
Is Asahi Kagaku Kogyo Co's Interest Coverage too high?
Asahi Kagaku Kogyo Co's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 961.84. Over the past 10 years, this metric has ranged from a low of 89.77 to a high of 11,320.00. Based on the distribution chart, Asahi Kagaku Kogyo Co ranks #457 out of 2337 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Asahi Kagaku Kogyo Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Kagaku Kogyo Co's Interest Coverage compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Asahi Kagaku Kogyo Co ranks #457 out of 2337 companies for Interest Coverage. This places Asahi Kagaku Kogyo Co in the top 20% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.63. Historically, Asahi Kagaku Kogyo Co's own Interest Coverage has ranged from 89.77 to 11,320.00 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.63, based on 2,337 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 Asahi Kagaku Kogyo Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Kagaku Kogyo Co's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 961.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Kagaku Kogyo Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi Kagaku Kogyo Co (TSE:7928) is currently considered Modestly Overvalued. The stock's GF Value™ is 円573.36, compared to a current price of 円654.00 — trading 14.1% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 961.84. Asahi Kagaku Kogyo Co's overall GF Score™ is 65/100 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 Asahi Kagaku Kogyo Co (TSE:7928), the current Interest Coverage is No Debt (1) as of Feb. 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 Asahi Kagaku Kogyo Co (TSE:7928) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Kagaku Kogyo Co stock appears to be overvalued. The current stock price of 円654.00 is trading 14.1% above its estimated GF Value™ of 円573.36. GuruFocus considers Asahi Kagaku Kogyo Co to be Modestly Overvalued.

Key valuation signals for TSE:7928:

  • Interest Coverage: No Debt (1) (100% below median its 10-year median of 961.84)
  • GF Value™: 円573.36 vs. price of 円654.00 (14.1% above fair value)
  • GF Score™: 65/100 with 4 warning signs

No single metric tells the full story. See the TSE:7928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Kagaku Kogyo Co Business Description

Address Anjo-shi Shioga Irucho Hiromi 133-3, Aichi, JPN, 844-1205
Asahi Kagaku Kogyo Co Ltd is a manufacturer of plastic parts, plastics molded products, processed goods and sets of plastics. It also provides electric tool parts, automobile parts, applied equipment, pump parts, building materials.
65GF Score

Get the complete analysis for TSE:7928

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

円654.00
Price
円573.36
GF Value