Orix Jreit (TSE:8954) Interest Coverage: 10.30 (As of Feb. 2026) — 12% Below Median

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TSE:8954 Orix Jreit Inc TSE:8954
71 GF Score
Price 円101,700.00
GF Value 円101,646.15
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Orix Jreit Interest Coverage?

Orix Jreit TSE:8954 +1.19% 71 Interest Coverage is 10.30 as of Feb. 2026, which is 12% below its 10-year median of 11.70. GuruFocus rates TSE:8954 with a GF Score™ of 71/100 and a GF Value™ of 円101,646.15 (Fairly Valued). The stock has 9 warning signs investors should review. Among 692 REITs companies, Orix Jreit ranks better than 79.05% 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. Orix Jreit's Operating Income for the six months ended in Feb. 2026 was 円16,250 Mil. Orix Jreit's Interest Expense for the six months ended in Feb. 2026 was 円-1,577 Mil. Orix Jreit's interest coverage for the quarter that ended in Feb. 2026 was 10.30. The higher the ratio, the stronger the company's financial strength is.

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

TSE:8954' s Interest Coverage Range Over the Past 10 Years
Min: 7.49   Med: 11.7   Max: 15.15
Current: 10.35


TSE:8954's Interest Coverage is ranked better than
79.05% of 692 companies
in the REITs industry
Industry Median: 3.095 vs TSE:8954: 10.35

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


Orix Jreit  (TSE:8954) 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 .


Orix Jreit Interest Coverage Related Terms


Orix Jreit Interest Coverage Historical Data

* Premium members only.

The historical data trend for Orix Jreit'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.

Orix Jreit Interest Coverage Chart

Orix Jreit Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.03 13.70 13.03 15.15 11.37

Orix Jreit Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 15.65 14.69 12.73 10.41 10.30

TSE:8954 vs BXP, ARE, VNO: Interest Coverage Comparison

For the REIT - Office subindustry, Orix Jreit'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.


Orix Jreit Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, Orix Jreit's Interest Coverage distribution charts can be found below:

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


TSE:8954
71GF Score
Orix Jreit Inc TSE:8954
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Orix Jreit 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.

Orix Jreit's Interest Coverage for the fiscal year that ended in Aug. 2025 is calculated as

Here, for the fiscal year that ended in Aug. 2025, Orix Jreit's Interest Expense was 円-2,321 Mil. Its Operating Income was 円26,390 Mil. And its Long-Term Debt & Capital Lease Obligation was 円288,750 Mil.

Interest Coverage=-1* Operating Income (A: Aug. 2025 )/Interest Expense (A: Aug. 2025 )
=-1*26390/-2321
=11.37

Orix Jreit's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Here, for the six months ended in Feb. 2026, Orix Jreit's Interest Expense was 円-1,577 Mil. Its Operating Income was 円16,250 Mil. And its Long-Term Debt & Capital Lease Obligation was 円302,725 Mil.

Interest Coverage=-1* Operating Income (Q: Feb. 2026 )/Interest Expense (Q: Feb. 2026 )
=-1*16250/-1577
=10.30

* 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 10.30 mean?
Orix Jreit (TSE:8954) has a Interest Coverage of 10.30 as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Orix Jreit and its competitors. This is 12% below median its historical median of 11.70. Over the past decade, Orix Jreit's Interest Coverage has ranged from 7.49 to 15.15. According to the industry distribution chart, Orix Jreit ranks #145 out of 692 companies in the REITs industry, placing it in the top 21%.
Is Orix Jreit's Interest Coverage too high?
Orix Jreit's current Interest Coverage of 10.30 is 12% below median its 10-year median of 11.70. Over the past 10 years, this metric has ranged from a low of 7.49 to a high of 15.15. The REITs industry median Interest Coverage is 3.10. Orix Jreit's value of 10.30 is 232.8% above this industry median. Based on the distribution chart, Orix Jreit ranks #145 out of 692 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Orix Jreit has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Orix Jreit's Interest Coverage compare to BXP and ARE?
According to the REITs industry distribution chart, Orix Jreit ranks #145 out of 692 companies for Interest Coverage. This places Orix Jreit in the top 21% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.10. Orix Jreit's value of 10.30 is 232.8% above this benchmark. Historically, Orix Jreit's own Interest Coverage has ranged from 7.49 to 15.15 over the past decade. While the company's 10-year median is 11.70 vs. the industry median of 3.10, Orix Jreit 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 REITs company?
The median Interest Coverage among REITs companies is 3.10, based on 692 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. Orix Jreit's current Interest Coverage of 10.30 is 232.8% 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 Orix Jreit and its competitors. For the REITs industry, the median Interest Coverage is 3.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orix Jreit's current Interest Coverage is 10.30, which is 12% below median its own 10-year median of 11.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orix Jreit stock overvalued right now?
Based on GuruFocus' analysis, Orix Jreit (TSE:8954) is currently considered Fairly Valued. The stock's GF Value™ is 円101,646.15, compared to a current price of 円101,700.00 — trading 0.1% above its estimated fair value. The current Interest Coverage is 10.30, which is 12% below median its 10-year median of 11.70 and 232.8% above the REITs industry median of 3.10. Orix Jreit's overall GF Score™ is 71/100 with 9 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 Orix Jreit (TSE:8954), the current Interest Coverage is 10.30 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 Orix Jreit (TSE:8954) Overvalued in 2026?

Based on GuruFocus' analysis, Orix Jreit stock appears to be overvalued. The current stock price of 円101,700.00 is trading 0.1% above its estimated GF Value™ of 円101,646.15. GuruFocus considers Orix Jreit to be Fairly Valued.

Key valuation signals for TSE:8954:

  • Interest Coverage: 10.30 (12% below median its 10-year median of 11.70)
  • GF Value™: 円101,646.15 vs. price of 円101,700.00 (0.1% above fair value)
  • GF Score™: 71/100 with 9 warning signs
  • Industry Position: 232.8% above the REITs median (#145 of 692)

No single metric tells the full story. See the TSE:8954 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Orix Jreit Business Description

Industry Real EstateREITs
Address 2-3-1 Hamamatsucho, Minato-ku, Tokyo, JPN, 105-6135
Orix Jreit Inc is a real estate investment trust engaged in the acquisition, ownership, and leasing of properties throughout Japan. In terms of asset acquisition price, the majority of the company's real estate portfolio comprises office buildings. Retail facilities and residential properties together also make up a considerable percentage of this portfolio. Orix JREIT's real estate assets are mostly located in the Greater Tokyo area, with those in the Central Wards of Tokyo representing the geographic segment in terms of property acquisition price. The company derives nearly all of its income in the form of rental revenue from tenants.
71GF Score

Get the complete analysis for TSE:8954

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

円101,700.00
Price
円101,646.15
GF Value