RENOVA (TSE:9519) Interest Coverage: 0.10 (As of Mar. 2026) — 96% Below Median


TSE:9519 RENOVA Inc TSE:9519
76 GF Score
Price 円966.00
GF Value 円1,347.90
Valuation Modestly Undervalued
! 6 Warning Signs
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What is RENOVA Interest Coverage?

RENOVA TSE:9519 -1.93% 76 Interest Coverage is 0.10 as of Mar. 2026, which is 96% below its 10-year median of 2.38. GuruFocus rates TSE:9519 with a GF Score™ of 76/100 and a GF Value™ of 円1,347.90 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 321 Utilities - Independent Power Producers companies, RENOVA ranks worse than 81.62% 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. RENOVA's Operating Income for the three months ended in Mar. 2026 was 円208 Mil. RENOVA's Interest Expense for the three months ended in Mar. 2026 was 円-2,120 Mil. RENOVA's interest coverage for the quarter that ended in Mar. 2026 was 0.10. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. RENOVA Inc interest coverage is 1.02, which is low.

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

TSE:9519' s Interest Coverage Range Over the Past 10 Years
Min: 0.55   Med: 2.38   Max: 3.2
Current: 1.02


TSE:9519's Interest Coverage is ranked worse than
81.62% of 321 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.77 vs TSE:9519: 1.02

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


RENOVA  (TSE:9519) 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 .


RENOVA Interest Coverage Related Terms


RENOVA Interest Coverage Historical Data

* Premium members only.

The historical data trend for RENOVA'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.

RENOVA Interest Coverage Chart

RENOVA Annual Data
Trend May16 May17 May18 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 3.08 1.54 0.55 1.02

RENOVA 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 0.89 1.90 0.94 1.29 0.10

RENOVA Interest Coverage Competitor Comparison

For the Utilities - Renewable subindustry, RENOVA'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.


RENOVA Interest Coverage vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, RENOVA's Interest Coverage distribution charts can be found below:

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


TSE:9519
76GF Score
RENOVA Inc TSE:9519
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RENOVA 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.

RENOVA'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, RENOVA's Interest Expense was 円-7,237 Mil. Its Operating Income was 円7,374 Mil. And its Long-Term Debt & Capital Lease Obligation was 円308,392 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*7374/-7237
=1.02

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

Here, for the three months ended in Mar. 2026, RENOVA's Interest Expense was 円-2,120 Mil. Its Operating Income was 円208 Mil. And its Long-Term Debt & Capital Lease Obligation was 円308,392 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*208/-2120
=0.10

* 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 0.10 mean?
RENOVA (TSE:9519) has a Interest Coverage of 0.10 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on RENOVA and its competitors. This is 96% below median its historical median of 2.38. Over the past decade, RENOVA's Interest Coverage has ranged from 0.55 to 3.20. According to the industry distribution chart, RENOVA ranks #262 out of 321 companies in the Utilities - Independent Power Producers industry, placing it in the top 81.6%.
Is RENOVA's Interest Coverage too high?
RENOVA's current Interest Coverage of 0.10 is 96% below median its 10-year median of 2.38. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 3.20. The Utilities - Independent Power Producers industry median Interest Coverage is 2.77. RENOVA's value of 0.10 is 96.4% below this industry median. Based on the distribution chart, RENOVA ranks #262 out of 321 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, RENOVA has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RENOVA's Interest Coverage compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, RENOVA ranks #262 out of 321 companies for Interest Coverage. This places RENOVA in the lower half of its industry. The industry median Interest Coverage is 2.77. RENOVA's value of 0.10 is 96.4% below this benchmark. Historically, RENOVA's own Interest Coverage has ranged from 0.55 to 3.20 over the past decade. While the company's 10-year median is 2.38 vs. the industry median of 2.77, RENOVA 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 - Independent Power Producers company?
The median Interest Coverage among Utilities - Independent Power Producers companies is 2.77, based on 321 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. RENOVA's current Interest Coverage of 0.10 is 96.4% 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 RENOVA and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RENOVA's current Interest Coverage is 0.10, which is 96% below median its own 10-year median of 2.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RENOVA stock overvalued right now?
Based on GuruFocus' analysis, RENOVA (TSE:9519) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,347.90, compared to a current price of 円966.00 — trading 28.3% below its estimated fair value. The current Interest Coverage is 0.10, which is 96% below median its 10-year median of 2.38 and 96.4% below the Utilities - Independent Power Producers industry median of 2.77. RENOVA's overall GF Score™ is 76/100 with 6 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 RENOVA (TSE:9519), the current Interest Coverage is 0.10 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 RENOVA (TSE:9519) Overvalued in 2026?

Based on GuruFocus' analysis, RENOVA stock appears to be undervalued. The current stock price of 円966.00 is trading 28.3% below its estimated GF Value™ of 円1,347.90. GuruFocus considers RENOVA to be Modestly Undervalued.

Key valuation signals for TSE:9519:

  • Interest Coverage: 0.10 (96% below median its 10-year median of 2.38)
  • GF Value™: 円1,347.90 vs. price of 円966.00 (28.3% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 96.4% below the Utilities - Independent Power Producers median (#262 of 321)

No single metric tells the full story. See the TSE:9519 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RENOVA Business Description

Address Tokyo Sankei Building 27 Floor, 18 Floor, 1-7-2 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
RENOVA Inc is a Japan-based company mainly engaged in renewable energy generation business and the development and management of renewable energy business. With its subsidiaries, the company operates power generation business. Renewable energy power generation develops electricity sales business by operating renewable energy power plants, including large-scale solar power generation, wind power generation, and biomass power generation.
76GF Score

Get the complete analysis for TSE:9519

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

円966.00
Price
円1,347.90
GF Value