Tokyotokeiba Co (TSE:9672) Interest Coverage: 195.28 (As of Dec. 2025) — 26% Below Median

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TSE:9672 Tokyotokeiba Co Ltd TSE:9672
88 GF Score
Price 円4,850.00
GF Value 円4,879.81
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Tokyotokeiba Co Interest Coverage?

Tokyotokeiba Co TSE:9672 -1.32% 88 Interest Coverage is 195.28 as of Dec. 2025, which is 26% below its 10-year median of 262.18. GuruFocus rates TSE:9672 with a GF Score™ of 88/100 and a GF Value™ of 円4,879.81 (Fairly Valued). The stock has 3 warning signs investors should review. Among 607 Travel & Leisure companies, Tokyotokeiba Co ranks better than 89.29% 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. Tokyotokeiba Co's Operating Income for the three months ended in Dec. 2025 was 円3,605 Mil. Tokyotokeiba Co's Interest Expense for the three months ended in Dec. 2025 was 円-18 Mil. Tokyotokeiba Co's interest coverage for the quarter that ended in Dec. 2025 was 195.28. The higher the ratio, the stronger the company's financial strength is.

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

TSE:9672' s Interest Coverage Range Over the Past 10 Years
Min: 51.26   Med: 262.18   Max: 420.43
Current: 198.11


TSE:9672's Interest Coverage is ranked better than
89.29% of 607 companies
in the Travel & Leisure industry
Industry Median: 5.35 vs TSE:9672: 198.11

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


Tokyotokeiba Co  (TSE:9672) 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 .


Tokyotokeiba Co Interest Coverage Related Terms


Tokyotokeiba Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Tokyotokeiba 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.

Tokyotokeiba Co Interest Coverage Chart

Tokyotokeiba 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 420.43 298.20 308.38 281.04 207.11

Tokyotokeiba 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 186.59 193.39 252.39 195.28 156.12

TSE:9672 vs FLUT, DKNG, SGHC: Interest Coverage Comparison

For the Gambling subindustry, Tokyotokeiba 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.


Tokyotokeiba Co Interest Coverage vs Travel & Leisure Industry

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

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


TSE:9672
88GF Score
Tokyotokeiba Co Ltd TSE:9672
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tokyotokeiba 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.

Tokyotokeiba 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, Tokyotokeiba Co's Interest Expense was 円-74 Mil. Its Operating Income was 円15,414 Mil. And its Long-Term Debt & Capital Lease Obligation was 円5,750 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*15414.136/-74.426
=207.11

Tokyotokeiba Co's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Tokyotokeiba Co's Interest Expense was 円-18 Mil. Its Operating Income was 円3,605 Mil. And its Long-Term Debt & Capital Lease Obligation was 円5,750 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*3605.219/-18.462
=195.28

* 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 195.28 mean?
Tokyotokeiba Co (TSE:9672) has a Interest Coverage of 195.28 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tokyotokeiba Co and its competitors. This is 26% below median its historical median of 262.18. Over the past decade, Tokyotokeiba Co's Interest Coverage has ranged from 51.26 to 420.43. According to the industry distribution chart, Tokyotokeiba Co ranks #65 out of 607 companies in the Travel & Leisure industry, placing it in the top 10.7%.
Is Tokyotokeiba Co's Interest Coverage too high?
Tokyotokeiba Co's current Interest Coverage of 195.28 is 26% below median its 10-year median of 262.18. Over the past 10 years, this metric has ranged from a low of 51.26 to a high of 420.43. The Travel & Leisure industry median Interest Coverage is 5.35. Tokyotokeiba Co's value of 195.28 is 3550.1% above this industry median. Based on the distribution chart, Tokyotokeiba Co ranks #65 out of 607 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Tokyotokeiba Co has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tokyotokeiba Co's Interest Coverage compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Tokyotokeiba Co ranks #65 out of 607 companies for Interest Coverage. This places Tokyotokeiba Co in the top 11% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.35. Tokyotokeiba Co's value of 195.28 is 3550.1% above this benchmark. Historically, Tokyotokeiba Co's own Interest Coverage has ranged from 51.26 to 420.43 over the past decade. While the company's 10-year median is 262.18 vs. the industry median of 5.35, Tokyotokeiba 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 Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.35, based on 607 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. Tokyotokeiba Co's current Interest Coverage of 195.28 is 3550.1% 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 Tokyotokeiba Co and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokyotokeiba Co's current Interest Coverage is 195.28, which is 26% below median its own 10-year median of 262.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokyotokeiba Co stock overvalued right now?
Based on GuruFocus' analysis, Tokyotokeiba Co (TSE:9672) is currently considered Fairly Valued. The stock's GF Value™ is 円4,879.81, compared to a current price of 円4,850.00 — trading 0.6% below its estimated fair value. The current Interest Coverage is 195.28, which is 26% below median its 10-year median of 262.18 and 3550.1% above the Travel & Leisure industry median of 5.35. Tokyotokeiba Co's overall GF Score™ is 88/100 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 Tokyotokeiba Co (TSE:9672), the current Interest Coverage is 195.28 as of Dec. 2025. 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 Tokyotokeiba Co (TSE:9672) Overvalued in 2026?

Based on GuruFocus' analysis, Tokyotokeiba Co stock appears to be undervalued. The current stock price of 円4,850.00 is trading 0.6% below its estimated GF Value™ of 円4,879.81. GuruFocus considers Tokyotokeiba Co to be Fairly Valued.

Key valuation signals for TSE:9672:

  • Interest Coverage: 195.28 (26% below median its 10-year median of 262.18)
  • GF Value™: 円4,879.81 vs. price of 円4,850.00 (0.6% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 3550.1% above the Travel & Leisure median (#65 of 607)

No single metric tells the full story. See the TSE:9672 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tokyotokeiba Co Business Description

Address 1-6-8 Omori Kita, Ota-ku, Tokyo, JPN, 143-0016
Tokyotokeiba Co Ltd is a gambling company engaged in horse racing. The company has four business segments: public competition, amusement park, warehouse leasing, and service. The public competition segment operates horse and auto race tracks. The amusement park segment operates Tokyo Summerland. The warehouse leasing segment leases logistics warehouses, and the service segment leases commercial facilities. The company generates the vast majority of its revenue in Japan.
88GF Score

Get the complete analysis for TSE:9672

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

円4,850.00
Price
円4,879.81
GF Value