Greenland Resort Co (TSE:9656) Interest Coverage: 1.78 (As of Mar. 2026) — 86% Below Median

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TSE:9656 Greenland Resort Co Ltd TSE:9656
65 GF Score
Price 円601.00
GF Value 円649.98
Valuation Fairly Valued
! 3 Warning Signs
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What is Greenland Resort Co Interest Coverage?

Greenland Resort Co TSE:9656 +0.33% 65 Interest Coverage is 1.78 as of Mar. 2026, which is 86% below its 10-year median of 12.35. GuruFocus rates TSE:9656 with a GF Score™ of 65/100 and a GF Value™ of 円649.98 (Fairly Valued). The stock has 3 warning signs investors should review. Among 612 Travel & Leisure companies, Greenland Resort Co ranks better than 61.93% 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. Greenland Resort Co's Operating Income for the three months ended in Mar. 2026 was 円36 Mil. Greenland Resort Co's Interest Expense for the three months ended in Mar. 2026 was 円-20 Mil. Greenland Resort Co's interest coverage for the quarter that ended in Mar. 2026 was 1.78. The higher the ratio, the stronger the company's financial strength is.

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

TSE:9656' s Interest Coverage Range Over the Past 10 Years
Min: 0.81   Med: 12.35   Max: 24.89
Current: 9.69


TSE:9656's Interest Coverage is ranked better than
61.93% of 612 companies
in the Travel & Leisure industry
Industry Median: 5.21 vs TSE:9656: 9.69

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


Greenland Resort Co  (TSE:9656) 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 .


Greenland Resort Co Interest Coverage Related Terms


Greenland Resort Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Greenland Resort 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.

Greenland Resort Co Interest Coverage Chart

Greenland Resort Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 19.34 24.89 18.77 11.52

Greenland Resort Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 12.17 13.92 12.61 1.78 6.95

TSE:9656 vs LVS, MGM, WYNN: Interest Coverage Comparison

For the Resorts & Casinos subindustry, Greenland Resort 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.


Greenland Resort Co Interest Coverage vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Greenland Resort Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Greenland Resort Co's Interest Coverage falls into.


TSE:9656
65GF Score
Greenland Resort Co Ltd TSE:9656
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greenland Resort 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.

Greenland Resort Co's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Greenland Resort Co's Interest Expense was 円-64 Mil. Its Operating Income was 円735 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,152 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*735.341/-63.857
=11.52

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

Here, for the three months ended in Mar. 2026, Greenland Resort Co's Interest Expense was 円-20 Mil. Its Operating Income was 円36 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,357 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*36.346/-20.46
=1.78

* 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 1.78 mean?
Greenland Resort Co (TSE:9656) has a Interest Coverage of 1.78 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Greenland Resort Co and its competitors. This is 86% below median its historical median of 12.35. Over the past decade, Greenland Resort Co's Interest Coverage has ranged from 0.81 to 24.89. According to the industry distribution chart, Greenland Resort Co ranks #233 out of 612 companies in the Travel & Leisure industry, placing it in the top 38.1%.
Is Greenland Resort Co's Interest Coverage too high?
Greenland Resort Co's current Interest Coverage of 1.78 is 86% below median its 10-year median of 12.35. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 24.89. The Travel & Leisure industry median Interest Coverage is 5.21. Greenland Resort Co's value of 1.78 is 65.8% below this industry median. Based on the distribution chart, Greenland Resort Co ranks #233 out of 612 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Greenland Resort Co has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Greenland Resort Co's Interest Coverage compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Greenland Resort Co ranks #233 out of 612 companies for Interest Coverage. This puts Greenland Resort Co in the upper half of its industry. The industry median Interest Coverage is 5.21. Greenland Resort Co's value of 1.78 is 65.8% below this benchmark. Historically, Greenland Resort Co's own Interest Coverage has ranged from 0.81 to 24.89 over the past decade. While the company's 10-year median is 12.35 vs. the industry median of 5.21, Greenland Resort 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 a Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.21, based on 612 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. Greenland Resort Co's current Interest Coverage of 1.78 is 65.8% 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 Greenland Resort Co and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenland Resort Co's current Interest Coverage is 1.78, which is 86% below median its own 10-year median of 12.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenland Resort Co stock overvalued right now?
Based on GuruFocus' analysis, Greenland Resort Co (TSE:9656) is currently considered Fairly Valued. The stock's GF Value™ is 円649.98, compared to a current price of 円601.00 — trading 7.5% below its estimated fair value. The current Interest Coverage is 1.78, which is 86% below median its 10-year median of 12.35 and 65.8% below the Travel & Leisure industry median of 5.21. Greenland Resort Co's overall GF Score™ is 65/100 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 Greenland Resort Co (TSE:9656), the current Interest Coverage is 1.78 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 Greenland Resort Co (TSE:9656) Overvalued in 2026?

Based on GuruFocus' analysis, Greenland Resort Co stock appears to be undervalued. The current stock price of 円601.00 is trading 7.5% below its estimated GF Value™ of 円649.98. GuruFocus considers Greenland Resort Co to be Fairly Valued.

Key valuation signals for TSE:9656:

  • Interest Coverage: 1.78 (86% below median its 10-year median of 12.35)
  • GF Value™: 円649.98 vs. price of 円601.00 (7.5% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 65.8% below the Travel & Leisure median (#233 of 612)

No single metric tells the full story. See the TSE:9656 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greenland Resort Co Business Description

Address 1616 Shimoide, Kumamoto Prefecture, Arao, JPN, 864-8691
Greenland Resort Co Ltd is a Japan-based company engaged in the leisure business. The group primarily engages in the management and operation of amusement parks, hotels, golf courses, and related facilities. Its core business segments include the amusement park business, golf business, hotel business, real estate business, and civil engineering and construction. It also offers tourism services and manages restaurants and sports facilities.
65GF Score

Get the complete analysis for TSE:9656

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

円601.00
Price
円649.98
GF Value