Asahi Kagaku Kogyo CoTSE:7928 +0.64%63 Interest Coverage is 1,126.18 as of Feb. 2026, which is 17% above its 10-year median of 961.84. GuruFocus rates TSE:7928 with a GF Score™ of 63/100 and a GF Value™ of 円565.65 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 2,322 Industrial Products companies, Asahi Kagaku Kogyo Co ranks better than 77.52% 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
six
months ended in Feb. 2026 was 円57 Mil. Asahi Kagaku Kogyo Co's Interest Expense for the
six
months ended in Feb. 2026 was 円-0 Mil.
Asahi Kagaku Kogyo Co's interest coverage for the quarter that ended in Feb. 2026 was 1,126.18.
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.
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: 70.4 Med: 961.84 Max: 11320
Current: 70.4
TSE:7928's Interest Coverage is ranked better than 77.52% of 2322
companies
in the Industrial Products industry
Industry Median: 14.775
vs TSE:7928: 70.40
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.
TSE:7928 vs SNA, RBC, LECO: 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.
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:
* 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.
Asahi Kagaku Kogyo Co (TSE:7928) has a Interest Coverage of 1,126.18 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 17% above median its historical median of 961.84. Over the past decade, Asahi Kagaku Kogyo Co's Interest Coverage has ranged from 70.40 to 11,320.00. According to the industry distribution chart, Asahi Kagaku Kogyo Co ranks #522 out of 2322 companies in the Industrial Products industry, placing it in the top 22.5%.
Is Asahi Kagaku Kogyo Co's Interest Coverage too high?
Asahi Kagaku Kogyo Co's current Interest Coverage of 1,126.18 is 17% above median its 10-year median of 961.84. Over the past 10 years, this metric has ranged from a low of 70.40 to a high of 11,320.00. The Industrial Products industry median Interest Coverage is 14.78. Asahi Kagaku Kogyo Co's value of 1,126.18 is 7522.2% above this industry median. Based on the distribution chart, Asahi Kagaku Kogyo Co ranks #522 out of 2322 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 63/100 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 #522 out of 2322 companies for Interest Coverage. This places Asahi Kagaku Kogyo Co in the top 23% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.78. Asahi Kagaku Kogyo Co's value of 1,126.18 is 7522.2% above this benchmark. Historically, Asahi Kagaku Kogyo Co's own Interest Coverage has ranged from 70.40 to 11,320.00 over the past decade. While the company's 10-year median is 961.84 vs. the industry median of 14.78, Asahi Kagaku Kogyo 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.78, based on 2,322 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. Asahi Kagaku Kogyo Co's current Interest Coverage of 1,126.18 is 7522.2% 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 Asahi Kagaku Kogyo Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.78 — 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 1,126.18, which is 17% above 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565.65, compared to a current price of 円629.00 — trading 11.2% above its estimated fair value. The current Interest Coverage is 1,126.18, which is 17% above median its 10-year median of 961.84 and 7522.2% above the Industrial Products industry median of 14.78. Asahi Kagaku Kogyo Co's overall GF Score™ is 63/100 with 8 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 1,126.18 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629.00 is trading 11.2% above its estimated GF Value™ of 円565.65.
GuruFocus considers Asahi Kagaku Kogyo Co to be Modestly Overvalued.
Key valuation signals for TSE:7928:
Interest Coverage: 1,126.18 (17% above median its 10-year median of 961.84)
GF Value™: 円565.65 vs. price of 円629.00 (11.2% above fair value)
Industry Position: 7522.2% above the Industrial Products median (#522 of 2322)
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 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.
63GF Score
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