Toyo Wharf & Warehouse Co (TSE:9351) Interest Coverage: 6.00 (As of Mar. 2026) — 45% Below Median


TSE:9351 Toyo Wharf & Warehouse Co Ltd TSE:9351
76 GF Score
Price 円1,845.00
GF Value 円1,518.87
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Toyo Wharf & Warehouse Co Interest Coverage?

Toyo Wharf & Warehouse Co TSE:9351 +0.49% 76 Interest Coverage is 6.00 as of Mar. 2026, which is 45% below its 10-year median of 10.95. GuruFocus rates TSE:9351 with a GF Score™ of 76/100 and a GF Value™ of 円1,518.87 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 838 Transportation companies, Toyo Wharf & Warehouse Co ranks better than 54.42% 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. Toyo Wharf & Warehouse Co's Operating Income for the six months ended in Mar. 2026 was 円720 Mil. Toyo Wharf & Warehouse Co's Interest Expense for the six months ended in Mar. 2026 was 円-120 Mil. Toyo Wharf & Warehouse Co's interest coverage for the quarter that ended in Mar. 2026 was 6.00. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Toyo Wharf & Warehouse Co's Interest Coverage or its related term are showing as below:

TSE:9351' s Interest Coverage Range Over the Past 10 Years
Min: 6.58   Med: 10.95   Max: 14.14
Current: 6.58


TSE:9351's Interest Coverage is ranked better than
54.42% of 838 companies
in the Transportation industry
Industry Median: 5.72 vs TSE:9351: 6.58

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


Toyo Wharf & Warehouse Co  (TSE:9351) 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 .


Toyo Wharf & Warehouse Co Interest Coverage Related Terms


Toyo Wharf & Warehouse Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Toyo Wharf & Warehouse 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.

Toyo Wharf & Warehouse Co Interest Coverage Chart

Toyo Wharf & Warehouse 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 12.22 10.32 6.75 7.22 6.58

Toyo Wharf & Warehouse Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 4.13 6.77 7.60 7.23 6.00

TSE:9351 vs UPS, FDX, JBHT: Interest Coverage Comparison

For the Integrated Freight & Logistics subindustry, Toyo Wharf & Warehouse 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.


Toyo Wharf & Warehouse Co Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Toyo Wharf & Warehouse Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Toyo Wharf & Warehouse Co's Interest Coverage falls into.


TSE:9351
76GF Score
Toyo Wharf & Warehouse Co Ltd TSE:9351
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toyo Wharf & Warehouse 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.

Toyo Wharf & Warehouse 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, Toyo Wharf & Warehouse Co's Interest Expense was 円-228 Mil. Its Operating Income was 円1,501 Mil. And its Long-Term Debt & Capital Lease Obligation was 円10,792 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1501/-228
=6.58

Toyo Wharf & Warehouse Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Toyo Wharf & Warehouse Co's Interest Expense was 円-120 Mil. Its Operating Income was 円720 Mil. And its Long-Term Debt & Capital Lease Obligation was 円10,792 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*720/-120
=6.00

* 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 6.00 mean?
Toyo Wharf & Warehouse Co (TSE:9351) has a Interest Coverage of 6.00 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Toyo Wharf & Warehouse Co and its competitors. This is 45% below median its historical median of 10.95. Over the past decade, Toyo Wharf & Warehouse Co's Interest Coverage has ranged from 6.58 to 14.14. According to the industry distribution chart, Toyo Wharf & Warehouse Co ranks #382 out of 838 companies in the Transportation industry, placing it in the top 45.6%.
Is Toyo Wharf & Warehouse Co's Interest Coverage too high?
Toyo Wharf & Warehouse Co's current Interest Coverage of 6.00 is 45% below median its 10-year median of 10.95. Over the past 10 years, this metric has ranged from a low of 6.58 to a high of 14.14. The Transportation industry median Interest Coverage is 5.72. Toyo Wharf & Warehouse Co's value of 6.00 is 4.9% above this industry median. Based on the distribution chart, Toyo Wharf & Warehouse Co ranks #382 out of 838 companies in the Transportation industry, which is above the industry midpoint. Overall, Toyo Wharf & Warehouse Co has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Toyo Wharf & Warehouse Co's Interest Coverage compare to UPS and FDX?
According to the Transportation industry distribution chart, Toyo Wharf & Warehouse Co ranks #382 out of 838 companies for Interest Coverage. This puts Toyo Wharf & Warehouse Co in the upper half of its industry. The industry median Interest Coverage is 5.72. Toyo Wharf & Warehouse Co's value of 6.00 is 4.9% above this benchmark. Historically, Toyo Wharf & Warehouse Co's own Interest Coverage has ranged from 6.58 to 14.14 over the past decade. While the company's 10-year median is 10.95 vs. the industry median of 5.72, Toyo Wharf & Warehouse 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.72, based on 838 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. Toyo Wharf & Warehouse Co's current Interest Coverage of 6.00 is 4.9% 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 Toyo Wharf & Warehouse Co and its competitors. For the Transportation industry, the median Interest Coverage is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Wharf & Warehouse Co's current Interest Coverage is 6.00, which is 45% below median its own 10-year median of 10.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Wharf & Warehouse Co stock overvalued right now?
Based on GuruFocus' analysis, Toyo Wharf & Warehouse Co (TSE:9351) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,518.87, compared to a current price of 円1,845.00 — trading 21.5% above its estimated fair value. The current Interest Coverage is 6.00, which is 45% below median its 10-year median of 10.95 and 4.9% above the Transportation industry median of 5.72. Toyo Wharf & Warehouse Co's overall GF Score™ is 76/100 with 2 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 Toyo Wharf & Warehouse Co (TSE:9351), the current Interest Coverage is 6.00 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 Toyo Wharf & Warehouse Co (TSE:9351) Overvalued in 2026?

Based on GuruFocus' analysis, Toyo Wharf & Warehouse Co stock appears to be overvalued. The current stock price of 円1,845.00 is trading 21.5% above its estimated GF Value™ of 円1,518.87. GuruFocus considers Toyo Wharf & Warehouse Co to be Modestly Overvalued.

Key valuation signals for TSE:9351:

  • Interest Coverage: 6.00 (45% below median its 10-year median of 10.95)
  • GF Value™: 円1,518.87 vs. price of 円1,845.00 (21.5% above fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 4.9% above the Transportation median (#382 of 838)

No single metric tells the full story. See the TSE:9351 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Toyo Wharf & Warehouse Co Business Description

Address 1-8-8 Harumi, 19th floor, Harumi Triton Square W Building, Chuo-ku, Tokyo, JPN, 104-0053
Toyo Wharf & Warehouse Co Ltd is engaged in the domestic comprehensive logistics business, international logistics business and related business mainly for warehousing, port transportation, Automobile transportation, and International logistics business.
76GF Score

Get the complete analysis for TSE:9351

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

円1,845.00
Price
円1,518.87
GF Value