Hokuriku Electric Power Co (TSE:9505) Interest Coverage: 3.41 (As of Mar. 2026) — Near Median


TSE:9505 Hokuriku Electric Power Co Inc TSE:9505
64 GF Score
Price 円909.30
GF Value 円815.45
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Hokuriku Electric Power Co Interest Coverage?

Hokuriku Electric Power Co TSE:9505 -0.94% 64 Interest Coverage is 3.41 as of Mar. 2026, which is 6% above its 10-year median of 3.22. GuruFocus rates TSE:9505 with a GF Score™ of 64/100 and a GF Value™ of 円815.45 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 450 Utilities - Regulated companies, Hokuriku Electric Power Co ranks better than 76.44% 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. Hokuriku Electric Power Co's Operating Income for the three months ended in Mar. 2026 was 円7,375 Mil. Hokuriku Electric Power Co's Interest Expense for the three months ended in Mar. 2026 was 円-2,160 Mil. Hokuriku Electric Power Co's interest coverage for the quarter that ended in Mar. 2026 was 3.41. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Hokuriku Electric Power Co's Interest Coverage or its related term are showing as below:

TSE:9505' s Interest Coverage Range Over the Past 10 Years
Min: 1.01   Med: 3.22   Max: 15.33
Current: 10.27


TSE:9505's Interest Coverage is ranked better than
76.44% of 450 companies
in the Utilities - Regulated industry
Industry Median: 3.8 vs TSE:9505: 10.27

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


Hokuriku Electric Power Co  (TSE:9505) 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 .


Hokuriku Electric Power Co Interest Coverage Related Terms


Hokuriku Electric Power Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hokuriku Electric Power 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.

Hokuriku Electric Power Co Interest Coverage Chart

Hokuriku Electric Power 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 0.00 0.00 15.33 13.69 10.27

Hokuriku Electric Power 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 6.25 17.71 14.13 6.26 3.41

TSE:9505 vs NEE, SO, DUK: Interest Coverage Comparison

For the Utilities - Regulated Electric subindustry, Hokuriku Electric Power 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.


Hokuriku Electric Power Co Interest Coverage vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Hokuriku Electric Power Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hokuriku Electric Power Co's Interest Coverage falls into.


TSE:9505
64GF Score
Hokuriku Electric Power Co Inc TSE:9505
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Hokuriku Electric Power 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.

Hokuriku Electric Power 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, Hokuriku Electric Power Co's Interest Expense was 円-8,514 Mil. Its Operating Income was 円87,459 Mil. And its Long-Term Debt & Capital Lease Obligation was 円980,956 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*87459/-8514
=10.27

Hokuriku Electric Power Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Hokuriku Electric Power Co's Interest Expense was 円-2,160 Mil. Its Operating Income was 円7,375 Mil. And its Long-Term Debt & Capital Lease Obligation was 円980,956 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*7375/-2160
=3.41

* 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 3.41 mean?
Hokuriku Electric Power Co (TSE:9505) has a Interest Coverage of 3.41 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hokuriku Electric Power Co and its competitors. This is near median its historical median of 3.22. Over the past decade, Hokuriku Electric Power Co's Interest Coverage has ranged from 1.01 to 15.33. According to the industry distribution chart, Hokuriku Electric Power Co ranks #106 out of 450 companies in the Utilities - Regulated industry, placing it in the top 23.6%.
Is Hokuriku Electric Power Co's Interest Coverage too high?
Hokuriku Electric Power Co's current Interest Coverage of 3.41 is near median its 10-year median of 3.22. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 15.33. The Utilities - Regulated industry median Interest Coverage is 3.80. Hokuriku Electric Power Co's value of 3.41 is 10.3% below this industry median. Based on the distribution chart, Hokuriku Electric Power Co ranks #106 out of 450 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Hokuriku Electric Power Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokuriku Electric Power Co's Interest Coverage compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Hokuriku Electric Power Co ranks #106 out of 450 companies for Interest Coverage. This places Hokuriku Electric Power Co in the top 24% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.80. Hokuriku Electric Power Co's value of 3.41 is 10.3% below this benchmark. Historically, Hokuriku Electric Power Co's own Interest Coverage has ranged from 1.01 to 15.33 over the past decade. While the company's 10-year median is 3.22 vs. the industry median of 3.80, Hokuriku Electric Power Co has consistently been below 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 an Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.80, based on 450 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. Hokuriku Electric Power Co's current Interest Coverage of 3.41 is 10.3% below 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 Hokuriku Electric Power Co and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hokuriku Electric Power Co's current Interest Coverage is 3.41, which is near median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuriku Electric Power Co stock overvalued right now?
Based on GuruFocus' analysis, Hokuriku Electric Power Co (TSE:9505) is currently considered Modestly Overvalued. The stock's GF Value™ is 円815.45, compared to a current price of 円909.30 — trading 11.5% above its estimated fair value. The current Interest Coverage is 3.41, which is near median its 10-year median of 3.22 and 10.3% below the Utilities - Regulated industry median of 3.80. Hokuriku Electric Power Co's overall GF Score™ is 64/100 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 Hokuriku Electric Power Co (TSE:9505), the current Interest Coverage is 3.41 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 Hokuriku Electric Power Co (TSE:9505) Overvalued in 2026?

Based on GuruFocus' analysis, Hokuriku Electric Power Co stock appears to be overvalued. The current stock price of 円909.30 is trading 11.5% above its estimated GF Value™ of 円815.45. GuruFocus considers Hokuriku Electric Power Co to be Modestly Overvalued.

Key valuation signals for TSE:9505:

  • Interest Coverage: 3.41 (near median its 10-year median of 3.22)
  • GF Value™: 円815.45 vs. price of 円909.30 (11.5% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 10.3% below the Utilities - Regulated median (#106 of 450)

No single metric tells the full story. See the TSE:9505 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hokuriku Electric Power Co Business Description

Other Exchanges 6HO:Germany
Address 15-1 Ushijima-cho, Toyama, JPN, 930-8686
Hokuriku Electric Power Co Inc is an electric utility company that functions as a regulated monopoly in the Hokuriku region of Japan's main island of Honshu. Hokuriku Electric supplies electricity through power generation, transmission, and distribution. To do this, the company operates a portfolio of hydroelectric, thermal, and nuclear power plants located throughout Japan's Hokuriku region. Most of the total energy produced by Hokuriku Electric comes from its thermal facilities that utilize coal fuel sources. The company primarily generates revenue through the sale of electric power to residential and large-scale industrial customers in the machinery, chemical, and textile sectors.
64GF Score

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

円909.30
Price
円815.45
GF Value