Shin-Etsu Polymer CoTSE:7970 +2.13%90 Interest Coverage is 252.50 as of Mar. 2026, which is 25% below its 10-year median of 337.32. GuruFocus rates TSE:7970 with a GF Score™ of 90/100 and a GF Value™ of 円1,751.66 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,231 Chemicals companies, Shin-Etsu Polymer Co ranks better than 91.96% 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. Shin-Etsu Polymer Co's
Operating Income
for the
three
months ended in Mar. 2026 was 円3,030 Mil. Shin-Etsu Polymer Co's Interest Expense for the
three
months ended in Mar. 2026 was 円-12 Mil.
Shin-Etsu Polymer Co's interest coverage for the quarter that ended in Mar. 2026 was 252.50.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Shin-Etsu Polymer Co Ltd has no debt.
The historical rank and industry rank for Shin-Etsu Polymer Co's Interest Coverage or its related term are showing as below:
TSE:7970'
s Interest Coverage Range Over the Past 10 Years
Min: 220.48 Med: 337.32 Max: 389.28
Current: 351.03
TSE:7970's Interest Coverage is ranked better than 91.96% of 1231
companies
in the Chemicals industry
Industry Median: 10.15
vs TSE:7970: 351.03
Shin-Etsu Polymer Co (TSE:7970) 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 .
Shin-Etsu Polymer Co Interest Coverage Related Terms
Shin-Etsu Polymer Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Shin-Etsu Polymer 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:7970 vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Shin-Etsu Polymer 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.
Shin-Etsu Polymer Co Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Shin-Etsu Polymer Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Shin-Etsu Polymer Co's Interest Coverage falls into.
Shin-Etsu Polymer 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.
Shin-Etsu Polymer Co (TSE:7970) has a Interest Coverage of 252.50 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shin-Etsu Polymer Co and its competitors. This is 25% below median its historical median of 337.32. Over the past decade, Shin-Etsu Polymer Co's Interest Coverage has ranged from 220.48 to 389.28. According to the industry distribution chart, Shin-Etsu Polymer Co ranks #99 out of 1231 companies in the Chemicals industry, placing it in the top 8%.
Is Shin-Etsu Polymer Co's Interest Coverage too high?
Shin-Etsu Polymer Co's current Interest Coverage of 252.50 is 25% below median its 10-year median of 337.32. Over the past 10 years, this metric has ranged from a low of 220.48 to a high of 389.28. The Chemicals industry median Interest Coverage is 10.15. Shin-Etsu Polymer Co's value of 252.50 is 2387.7% above this industry median. Based on the distribution chart, Shin-Etsu Polymer Co ranks #99 out of 1231 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Shin-Etsu Polymer Co has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shin-Etsu Polymer Co's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Shin-Etsu Polymer Co ranks #99 out of 1231 companies for Interest Coverage. This places Shin-Etsu Polymer Co in the top 8% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.15. Shin-Etsu Polymer Co's value of 252.50 is 2387.7% above this benchmark. Historically, Shin-Etsu Polymer Co's own Interest Coverage has ranged from 220.48 to 389.28 over the past decade. While the company's 10-year median is 337.32 vs. the industry median of 10.15, Shin-Etsu Polymer 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 a Chemicals company?
The median Interest Coverage among Chemicals companies is 10.15, based on 1,231 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. Shin-Etsu Polymer Co's current Interest Coverage of 252.50 is 2387.7% 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 Shin-Etsu Polymer Co and its competitors. For the Chemicals industry, the median Interest Coverage is 10.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin-Etsu Polymer Co's current Interest Coverage is 252.50, which is 25% below median its own 10-year median of 337.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin-Etsu Polymer Co stock overvalued right now?
Based on GuruFocus' analysis, Shin-Etsu Polymer Co (TSE:7970) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,751.66, compared to a current price of 円2,442.00 — trading 39.4% above its estimated fair value. The current Interest Coverage is 252.50, which is 25% below median its 10-year median of 337.32 and 2387.7% above the Chemicals industry median of 10.15. Shin-Etsu Polymer Co's overall GF Score™ is 90/100 with 6 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 Shin-Etsu Polymer Co (TSE:7970), the current Interest Coverage is 252.50 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 Shin-Etsu Polymer Co (TSE:7970) Overvalued in 2026?
Based on GuruFocus' analysis, Shin-Etsu Polymer Co stock appears to be overvalued.
The current stock price of 円2,442.00 is trading 39.4% above its estimated GF Value™ of 円1,751.66.
GuruFocus considers Shin-Etsu Polymer Co to be Significantly Overvalued.
Key valuation signals for TSE:7970:
Interest Coverage: 252.50 (25% below median its 10-year median of 337.32)
GF Value™: 円1,751.66 vs. price of 円2,442.00 (39.4% above fair value)
Industry Position: 2387.7% above the Chemicals median (#99 of 1231)
No single metric tells the full story. See the TSE:7970 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shin-Etsu Polymer Co Ltd manufactures polyvinyl and rubber products. The company develops applications for using the silicone and various plastics involving materials and compounding, design, molding processes, and evaluation and analysis and meets the needs of customers engaged in the field from automobiles and information devices to semiconductors and construction materials. Shin-Etsu sells its products mainly to the electronic devices industry, housing and living materials industry, precision molding products industry and others but majority of the revenues are derived from precision molding products which includes shipping and carrying containers for semiconductor silicon wafers, materials for automatic mounting of electronic components, office automation device components.
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