Marusan Securities Co (TSE:8613) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median

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TSE:8613 Marusan Securities Co Ltd TSE:8613
82 GF Score
Price 円1,119.00
GF Value 円1,157.46
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Marusan Securities Co Interest Coverage?

Marusan Securities Co TSE:8613 82 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates TSE:8613 with a GF Score™ of 82/100 and a GF Value™ of 円1,157.46 (Fairly Valued). The stock has 4 warning signs investors should review. Among 433 Capital Markets companies, Marusan Securities Co ranks better than 99.08% 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. Marusan Securities Co's Operating Income for the three months ended in Mar. 2026 was 円1,951 Mil. Marusan Securities Co's Interest Expense for the three months ended in Mar. 2026 was 円0 Mil. Marusan Securities 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. Marusan Securities 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 Marusan Securities Co's Interest Coverage or its related term are showing as below:

TSE:8613' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


TSE:8613's Interest Coverage is ranked better than
99.08% of 433 companies
in the Capital Markets industry
Industry Median: 20.17 vs TSE:8613: No Debt

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


Marusan Securities Co  (TSE:8613) 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 .


Marusan Securities Co Interest Coverage Related Terms


Marusan Securities Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Marusan Securities 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.

Marusan Securities Co Interest Coverage Chart

Marusan Securities Co 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 No Debt No Debt No Debt No Debt No Debt

Marusan Securities Co 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 No Debt No Debt No Debt No Debt No Debt

TSE:8613 vs MS, GS, SCHW: Interest Coverage Comparison

For the Capital Markets subindustry, Marusan Securities 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.


Marusan Securities Co Interest Coverage vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Marusan Securities Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Marusan Securities Co's Interest Coverage falls into.


TSE:8613
82GF Score
Marusan Securities Co Ltd TSE:8613
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marusan Securities 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.

Marusan Securities Co'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, Marusan Securities Co's Interest Expense was 円0 Mil. Its Operating Income was 円5,378 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Marusan Securities Co had no debt (1).

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

Here, for the three months ended in Mar. 2026, Marusan Securities Co's Interest Expense was 円0 Mil. Its Operating Income was 円1,951 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Marusan Securities 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?
Marusan Securities Co (TSE:8613) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Marusan Securities Co and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Marusan Securities Co's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Marusan Securities Co ranks #4 out of 433 companies in the Capital Markets industry, placing it in the top 0.90000000000001%.
Is Marusan Securities Co's Interest Coverage too high?
Marusan Securities Co's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, Marusan Securities Co ranks #4 out of 433 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Marusan Securities Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Marusan Securities Co's Interest Coverage compare to MS and GS?
According to the Capital Markets industry distribution chart, Marusan Securities Co ranks #4 out of 433 companies for Interest Coverage. This places Marusan Securities Co in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 20.17. Historically, Marusan Securities Co's own Interest Coverage has ranged from 10,000.00 to 10,000.00 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 a Capital Markets company?
The median Interest Coverage among Capital Markets companies is 20.17, based on 433 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 Marusan Securities Co and its competitors. For the Capital Markets industry, the median Interest Coverage is 20.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marusan Securities Co's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marusan Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Marusan Securities Co (TSE:8613) is currently considered Fairly Valued. The stock's GF Value™ is 円1,157.46, compared to a current price of 円1,119.00 — trading 3.3% below its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Marusan Securities Co's overall GF Score™ is 82/100 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 Marusan Securities Co (TSE:8613), the current Interest Coverage is No Debt (1) 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 Marusan Securities Co (TSE:8613) Overvalued in 2026?

Based on GuruFocus' analysis, Marusan Securities Co stock appears to be undervalued. The current stock price of 円1,119.00 is trading 3.3% below its estimated GF Value™ of 円1,157.46. GuruFocus considers Marusan Securities Co to be Fairly Valued.

Key valuation signals for TSE:8613:

  • Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
  • GF Value™: 円1,157.46 vs. price of 円1,119.00 (3.3% below fair value)
  • GF Score™: 82/100 with 4 warning signs

No single metric tells the full story. See the TSE:8613 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marusan Securities Co Business Description

Other Exchanges 9KC:Germany
Address 3-6 Kojimachi, Chiyoda-ku, Tokyo, JPN
Marusan Securities Co Ltd trades financial securities and derivatives. The company is headquartered in Japan and generates all revenue domestically. Securities services offered by the company include mediation of buying and selling securities, brokerage, trading, exchange-market activities, underwriting, private placement, agency of bond payments, and investment trust services. The company also provides banking services such as loans on collateral, buying and selling yen-denominated bank acceptances, buying and selling gold bullion, safety deposits, business loans, and insurance including property, casualty, and life.
82GF Score

Get the complete analysis for TSE:8613

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

円1,119.00
Price
円1,157.46
GF Value