Goldwin (TSE:8111) Interest Coverage: 396.78 (As of Mar. 2026) — 105% Above Median


TSE:8111 Goldwin Inc TSE:8111
84 GF Score
Price 円2,241.50
GF Value 円2,942.21
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Goldwin Interest Coverage?

Goldwin TSE:8111 -0.80% 84 Interest Coverage is 396.78 as of Mar. 2026, which is 105% above its 10-year median of 193.39. GuruFocus rates TSE:8111 with a GF Score™ of 84/100 and a GF Value™ of 円2,942.21 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 733 Manufacturing - Apparel & Accessories companies, Goldwin ranks better than 92.36% 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. Goldwin's Operating Income for the three months ended in Mar. 2026 was 円7,142 Mil. Goldwin's Interest Expense for the three months ended in Mar. 2026 was 円-18 Mil. Goldwin's interest coverage for the quarter that ended in Mar. 2026 was 396.78. 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. Goldwin Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:8111' s Interest Coverage Range Over the Past 10 Years
Min: 37.24   Med: 193.39   Max: 662.42
Current: 385.96


TSE:8111's Interest Coverage is ranked better than
92.36% of 733 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.44 vs TSE:8111: 385.96

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


Goldwin  (TSE:8111) 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 .


Goldwin Interest Coverage Related Terms


Goldwin Interest Coverage Historical Data

* Premium members only.

The historical data trend for Goldwin'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.

Goldwin Interest Coverage Chart

Goldwin Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 198.82 521.55 662.42 576.45 385.96

Goldwin Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 310.38 159.92 271.17 653.17 396.78

TSE:8111 vs RL, LEVI, VFC: Interest Coverage Comparison

For the Apparel Manufacturing subindustry, Goldwin'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.


Goldwin Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Goldwin's Interest Coverage distribution charts can be found below:

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


TSE:8111
84GF Score
Goldwin Inc TSE:8111
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Goldwin 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.

Goldwin's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Goldwin's Interest Expense was 円-67 Mil. Its Operating Income was 円25,859 Mil. And its Long-Term Debt & Capital Lease Obligation was 円3,641 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*25859/-67
=385.96

Goldwin's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Goldwin's Interest Expense was 円-18 Mil. Its Operating Income was 円7,142 Mil. And its Long-Term Debt & Capital Lease Obligation was 円3,641 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*7142/-18
=396.78

* 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 396.78 mean?
Goldwin (TSE:8111) has a Interest Coverage of 396.78 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Goldwin and its competitors. This is 105% above median its historical median of 193.39. Over the past decade, Goldwin's Interest Coverage has ranged from 37.24 to 662.42. According to the industry distribution chart, Goldwin ranks #56 out of 733 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 7.6%.
Is Goldwin's Interest Coverage too high?
Goldwin's current Interest Coverage of 396.78 is 105% above median its 10-year median of 193.39. Over the past 10 years, this metric has ranged from a low of 37.24 to a high of 662.42. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.44. Goldwin's value of 396.78 is 7193.8% above this industry median. Based on the distribution chart, Goldwin ranks #56 out of 733 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Goldwin has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Goldwin's Interest Coverage compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Goldwin ranks #56 out of 733 companies for Interest Coverage. This places Goldwin in the top 8% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.44. Goldwin's value of 396.78 is 7193.8% above this benchmark. Historically, Goldwin's own Interest Coverage has ranged from 37.24 to 662.42 over the past decade. While the company's 10-year median is 193.39 vs. the industry median of 5.44, Goldwin 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.44, based on 733 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. Goldwin's current Interest Coverage of 396.78 is 7193.8% 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 Goldwin and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldwin's current Interest Coverage is 396.78, which is 105% above median its own 10-year median of 193.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldwin stock overvalued right now?
Based on GuruFocus' analysis, Goldwin (TSE:8111) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,942.21, compared to a current price of 円2,241.50 — trading 23.8% below its estimated fair value. The current Interest Coverage is 396.78, which is 105% above median its 10-year median of 193.39 and 7193.8% above the Manufacturing - Apparel & Accessories industry median of 5.44. Goldwin's overall GF Score™ is 84/100 with 1 warning sign 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 Goldwin (TSE:8111), the current Interest Coverage is 396.78 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 Goldwin (TSE:8111) Overvalued in 2026?

Based on GuruFocus' analysis, Goldwin stock appears to be undervalued. The current stock price of 円2,241.50 is trading 23.8% below its estimated GF Value™ of 円2,942.21. GuruFocus considers Goldwin to be Modestly Undervalued.

Key valuation signals for TSE:8111:

  • Interest Coverage: 396.78 (105% above median its 10-year median of 193.39)
  • GF Value™: 円2,942.21 vs. price of 円2,241.50 (23.8% below fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 7193.8% above the Manufacturing - Apparel & Accessories median (#56 of 733)

No single metric tells the full story. See the TSE:8111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Goldwin Business Description

Other Exchanges GWNCF:USA
Address 210 Kiyosawa, Toyama Prefecture, Oyabe, JPN, 932-0193
Goldwin Inc is involved in the business of manufacturing and selling sports products in Japan. It sells brands such as Goldwin, C3fit, Mxp, Speedo, Ellesse, Danskin, Canterbury, Black and white sport, the North Face, Helly Hansen, Macpac, Alite, Icebreaker, and Fischer.
84GF Score

Get the complete analysis for TSE:8111

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

円2,241.50
Price
円2,942.21
GF Value