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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. Wavelock Holdings Co's
Operating Income
for the
six
months ended in Mar. 2026 was 円-100 Mil. Wavelock Holdings Co's Interest Expense for the
six
months ended in Mar. 2026 was 円-32 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Wavelock Holdings Co's Interest Coverage or its related term are showing as below:
TSE:7940'
s Interest Coverage Range Over the Past 10 Years
Min: 7.5 Med: 16.43 Max: 25.26
Current: 7.5
TSE:7940's Interest Coverage is ranked worse than 56.82% of 1232
companies
in the Chemicals industry
Industry Median: 10.13
vs TSE:7940: 7.50
Wavelock Holdings Co (TSE:7940) 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 .
Wavelock Holdings Co Interest Coverage Related Terms
Wavelock Holdings Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Wavelock Holdings 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:7940 vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Wavelock Holdings 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.
Wavelock Holdings Co Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Wavelock Holdings Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Wavelock Holdings Co's Interest Coverage falls into.
Wavelock Holdings 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:
Wavelock Holdings Co did not have earnings to cover the 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.
What does a Interest Coverage of 0 (At Loss) mean?
Wavelock Holdings Co (TSE:7940) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Wavelock Holdings Co and its competitors. Over the past decade, Wavelock Holdings Co's Interest Coverage has ranged from 7.50 to 25.26. According to the industry distribution chart, Wavelock Holdings Co ranks #700 out of 1232 companies in the Chemicals industry, placing it in the top 56.8%.
Is Wavelock Holdings Co's Interest Coverage too high?
Wavelock Holdings Co's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 7.50 to a high of 25.26. Based on the distribution chart, Wavelock Holdings Co ranks #700 out of 1232 companies in the Chemicals industry, which is below the industry midpoint. Overall, Wavelock Holdings Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wavelock Holdings Co's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Wavelock Holdings Co ranks #700 out of 1232 companies for Interest Coverage. This places Wavelock Holdings Co in the lower half of its industry. The industry median Interest Coverage is 10.13. Historically, Wavelock Holdings Co's own Interest Coverage has ranged from 7.50 to 25.26 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.13, based on 1,232 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 Wavelock Holdings Co and its competitors. For the Chemicals industry, the median Interest Coverage is 10.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wavelock Holdings Co's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wavelock Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Wavelock Holdings Co (TSE:7940) is currently considered Significantly Overvalued. The stock's GF Value™ is 円695.61, compared to a current price of 円1,057.00 — trading 52% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Wavelock Holdings Co's overall GF Score™ is 59/100 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 Wavelock Holdings Co (TSE:7940), the current Interest Coverage is 0 (At Loss) 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 Wavelock Holdings Co (TSE:7940) Overvalued in 2026?
Based on GuruFocus' analysis, Wavelock Holdings Co stock appears to be overvalued.
The current stock price of 円1,057.00 is trading 52% above its estimated GF Value™ of 円695.61.
GuruFocus considers Wavelock Holdings Co to be Significantly Overvalued.
Key valuation signals for TSE:7940:
Interest Coverage: 0 (At Loss)
GF Value™: 円695.61 vs. price of 円1,057.00 (52% above fair value)
No single metric tells the full story. See the TSE:7940 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Wavelock Holdings Co Ltd manufactures and sells household goods related products in Japan. The company offers construction/ civil engineering related materials, wallpapers; smoke-free walls; door screens, insect repellent nets, gardening nets and plastic sheets, tear tapes, metal decorating films, Packaging related materials, Agriculture related materials, Automotive/ weak electric materials and processed products. It also processes and sells and provides consulting services to synthetic resins and various materials.
59GF Score
Get the complete analysis for TSE:7940
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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