Asia Air Survey Co (TSE:9233) Interest Coverage: 50.27 (As of Mar. 2026) — Near Median


TSE:9233 Asia Air Survey Co Ltd TSE:9233
78 GF Score
Price 円1,175.00
GF Value 円1,162.17
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Asia Air Survey Co Interest Coverage?

Asia Air Survey Co TSE:9233 +1.38% 78 Interest Coverage is 50.27 as of Mar. 2026, which is 7% below its 10-year median of 54.04. GuruFocus rates TSE:9233 with a GF Score™ of 78/100 and a GF Value™ of 円1,162.17 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,349 Construction companies, Asia Air Survey Co ranks better than 65.9% 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. Asia Air Survey Co's Operating Income for the three months ended in Mar. 2026 was 円3,335 Mil. Asia Air Survey Co's Interest Expense for the three months ended in Mar. 2026 was 円-66 Mil. Asia Air Survey Co's interest coverage for the quarter that ended in Mar. 2026 was 50.27. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Asia Air Survey Co's Interest Coverage or its related term are showing as below:

TSE:9233' s Interest Coverage Range Over the Past 10 Years
Min: 17.44   Med: 54.04   Max: 130.81
Current: 17.44


TSE:9233's Interest Coverage is ranked better than
65.9% of 1349 companies
in the Construction industry
Industry Median: 7.92 vs TSE:9233: 17.44

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


Asia Air Survey Co  (TSE:9233) 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 .


Asia Air Survey Co Interest Coverage Related Terms


Asia Air Survey Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Asia Air Survey 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.

Asia Air Survey Co Interest Coverage Chart

Asia Air Survey Co Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.14 61.61 53.93 53.76 30.91

Asia Air Survey 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 109.61 0.00 41.16 2.94 50.27

TSE:9233 vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Asia Air Survey 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.


Asia Air Survey Co Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Asia Air Survey Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Asia Air Survey Co's Interest Coverage falls into.


TSE:9233
78GF Score
Asia Air Survey Co Ltd TSE:9233
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia Air Survey 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.

Asia Air Survey Co's Interest Coverage for the fiscal year that ended in Sep. 2025 is calculated as

Here, for the fiscal year that ended in Sep. 2025, Asia Air Survey Co's Interest Expense was 円-92 Mil. Its Operating Income was 円2,856 Mil. And its Long-Term Debt & Capital Lease Obligation was 円1,659 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2025 )/Interest Expense (A: Sep. 2025 )
=-1*2856.471/-92.42
=30.91

Asia Air Survey Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Asia Air Survey Co's Interest Expense was 円-66 Mil. Its Operating Income was 円3,335 Mil. And its Long-Term Debt & Capital Lease Obligation was 円178 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*3335.422/-66.349
=50.27

* 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 50.27 mean?
Asia Air Survey Co (TSE:9233) has a Interest Coverage of 50.27 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Asia Air Survey Co and its competitors. This is near median its historical median of 54.04. Over the past decade, Asia Air Survey Co's Interest Coverage has ranged from 17.44 to 130.81. According to the industry distribution chart, Asia Air Survey Co ranks #460 out of 1349 companies in the Construction industry, placing it in the top 34.1%.
Is Asia Air Survey Co's Interest Coverage too high?
Asia Air Survey Co's current Interest Coverage of 50.27 is near median its 10-year median of 54.04. Over the past 10 years, this metric has ranged from a low of 17.44 to a high of 130.81. The Construction industry median Interest Coverage is 7.92. Asia Air Survey Co's value of 50.27 is 534.7% above this industry median. Based on the distribution chart, Asia Air Survey Co ranks #460 out of 1349 companies in the Construction industry, which is above the industry midpoint. Overall, Asia Air Survey Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Air Survey Co's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Asia Air Survey Co ranks #460 out of 1349 companies for Interest Coverage. This puts Asia Air Survey Co in the upper half of its industry. The industry median Interest Coverage is 7.92. Asia Air Survey Co's value of 50.27 is 534.7% above this benchmark. Historically, Asia Air Survey Co's own Interest Coverage has ranged from 17.44 to 130.81 over the past decade. While the company's 10-year median is 54.04 vs. the industry median of 7.92, Asia Air Survey 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 Construction company?
The median Interest Coverage among Construction companies is 7.92, based on 1,349 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. Asia Air Survey Co's current Interest Coverage of 50.27 is 534.7% 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 Asia Air Survey Co and its competitors. For the Construction industry, the median Interest Coverage is 7.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asia Air Survey Co's current Interest Coverage is 50.27, which is near median its own 10-year median of 54.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Air Survey Co stock overvalued right now?
Based on GuruFocus' analysis, Asia Air Survey Co (TSE:9233) is currently considered Fairly Valued. The stock's GF Value™ is 円1,162.17, compared to a current price of 円1,175.00 — trading 1.1% above its estimated fair value. The current Interest Coverage is 50.27, which is near median its 10-year median of 54.04 and 534.7% above the Construction industry median of 7.92. Asia Air Survey Co's overall GF Score™ is 78/100 with 3 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 Asia Air Survey Co (TSE:9233), the current Interest Coverage is 50.27 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 Asia Air Survey Co (TSE:9233) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Air Survey Co stock appears to be overvalued. The current stock price of 円1,175.00 is trading 1.1% above its estimated GF Value™ of 円1,162.17. GuruFocus considers Asia Air Survey Co to be Fairly Valued.

Key valuation signals for TSE:9233:

  • Interest Coverage: 50.27 (near median its 10-year median of 54.04)
  • GF Value™: 円1,162.17 vs. price of 円1,175.00 (1.1% above fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 534.7% above the Construction median (#460 of 1349)

No single metric tells the full story. See the TSE:9233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Air Survey Co Business Description

Other Exchanges AASLF:USA
Address 6-14-1 Nishi Shinjuku, Shinjuku-ku, Green Tower Building, 15th Floor, Tokyo, JPN, 160-0023
Asia Air Survey Co Ltd is a construction consulting company specializing in aerial surveying. The company includes a group of technical specialists with high-precision, specialized technology in businesses and fields such as surveying, disaster prevention, the environment and spatial information.
78GF Score

Get the complete analysis for TSE:9233

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

円1,175.00
Price
円1,162.17
GF Value