Square Enix Holdings CoTSE:9684 +2.82%71 Interest Coverage is 238.71 as of Mar. 2026, which is 44% below its 10-year median of 424.84. GuruFocus rates TSE:9684 with a GF Score™ of 71/100 and a GF Value™ of 円1,850.35 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 316 Interactive Media companies, Square Enix Holdings Co ranks better than 80.06% 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. Square Enix Holdings Co's
Operating Income
for the
three
months ended in Mar. 2026 was 円8,355 Mil. Square Enix Holdings Co's Interest Expense for the
three
months ended in Mar. 2026 was 円-35 Mil.
Square Enix Holdings Co's interest coverage for the quarter that ended in Mar. 2026 was 238.71.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Square Enix Holdings Co Ltd has no debt.
The historical rank and industry rank for Square Enix Holdings Co's Interest Coverage or its related term are showing as below:
TSE:9684'
s Interest Coverage Range Over the Past 10 Years
Min: 167.02 Med: 424.84 Max: 644.02
Current: 644.02
TSE:9684's Interest Coverage is ranked better than 80.06% of 316
companies
in the Interactive Media industry
Industry Median: 38.305
vs TSE:9684: 644.02
Square Enix Holdings Co (TSE:9684) 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 .
Square Enix Holdings Co Interest Coverage Related Terms
Square Enix Holdings Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Square Enix Holdings 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.
TSE:9684 vs NTES, EA, TTWO: Interest Coverage Comparison
For the Electronic Gaming & Multimedia subindustry, Square Enix Holdings 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.
Square Enix Holdings Co Interest Coverage vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Square Enix Holdings Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Square Enix Holdings Co's Interest Coverage falls into.
Square Enix Holdings 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:
* 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.
Square Enix Holdings Co (TSE:9684) has a Interest Coverage of 238.71 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Square Enix Holdings Co and its competitors. This is 44% below median its historical median of 424.84. Over the past decade, Square Enix Holdings Co's Interest Coverage has ranged from 167.02 to 644.02. According to the industry distribution chart, Square Enix Holdings Co ranks #63 out of 316 companies in the Interactive Media industry, placing it in the top 19.9%.
Is Square Enix Holdings Co's Interest Coverage too high?
Square Enix Holdings Co's current Interest Coverage of 238.71 is 44% below median its 10-year median of 424.84. Over the past 10 years, this metric has ranged from a low of 167.02 to a high of 644.02. The Interactive Media industry median Interest Coverage is 38.31. Square Enix Holdings Co's value of 238.71 is 523.2% above this industry median. Based on the distribution chart, Square Enix Holdings Co ranks #63 out of 316 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Square Enix Holdings Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Square Enix Holdings Co's Interest Coverage compare to NTES and EA?
According to the Interactive Media industry distribution chart, Square Enix Holdings Co ranks #63 out of 316 companies for Interest Coverage. This places Square Enix Holdings Co in the top 20% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 38.31. Square Enix Holdings Co's value of 238.71 is 523.2% above this benchmark. Historically, Square Enix Holdings Co's own Interest Coverage has ranged from 167.02 to 644.02 over the past decade. While the company's 10-year median is 424.84 vs. the industry median of 38.31, Square Enix Holdings 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 an Interactive Media company?
The median Interest Coverage among Interactive Media companies is 38.31, based on 316 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. Square Enix Holdings Co's current Interest Coverage of 238.71 is 523.2% 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 Square Enix Holdings Co and its competitors. For the Interactive Media industry, the median Interest Coverage is 38.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Square Enix Holdings Co's current Interest Coverage is 238.71, which is 44% below median its own 10-year median of 424.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Square Enix Holdings Co stock overvalued right now?
Based on GuruFocus' analysis, Square Enix Holdings Co (TSE:9684) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,850.35, compared to a current price of 円2,410.50 — trading 30.3% above its estimated fair value. The current Interest Coverage is 238.71, which is 44% below median its 10-year median of 424.84 and 523.2% above the Interactive Media industry median of 38.31. Square Enix Holdings Co's overall GF Score™ is 71/100 with 1 warning sign 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 Square Enix Holdings Co (TSE:9684), the current Interest Coverage is 238.71 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 Square Enix Holdings Co (TSE:9684) Overvalued in 2026?
Based on GuruFocus' analysis, Square Enix Holdings Co stock appears to be overvalued.
The current stock price of 円2,410.50 is trading 30.3% above its estimated GF Value™ of 円1,850.35.
GuruFocus considers Square Enix Holdings Co to be Modestly Overvalued.
Key valuation signals for TSE:9684:
Interest Coverage: 238.71 (44% below median its 10-year median of 424.84)
GF Value™: 円1,850.35 vs. price of 円2,410.50 (30.3% above fair value)
Industry Position: 523.2% above the Interactive Media median (#63 of 316)
No single metric tells the full story. See the TSE:9684 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Square Enix is a Japanese video game publisher and entertainment company that was formed in 2003 through the merger between Square and Enix. The company is best known for its role-playing game franchises such as Final Fantasy, Dragon Quest, Kingdom Hearts, and Nier. The company also operates publishing, merchandise, and amusement businesses.
71GF Score
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