NSW (TSE:9739) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median


TSE:9739 NSW Inc TSE:9739
78 GF Score
Price 円2,524.00
GF Value 円3,017.98
Valuation Modestly Undervalued
! 1 Warning Sign
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What is NSW Interest Coverage?

NSW TSE:9739 -1.71% 78 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates TSE:9739 with a GF Score™ of 78/100 and a GF Value™ of 円3,017.98 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,705 Software companies, NSW ranks better than 98.94% 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. NSW's Operating Income for the six months ended in Mar. 2026 was 円2,995 Mil. NSW's Interest Expense for the six months ended in Mar. 2026 was 円0 Mil. NSW has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

NSW Inc has no debt.

(1) 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.

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

TSE:9739' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


TSE:9739's Interest Coverage is ranked better than
98.94% of 1705 companies
in the Software industry
Industry Median: 24.78 vs TSE:9739: No Debt

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


NSW  (TSE:9739) 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 .


NSW Interest Coverage Related Terms


NSW Interest Coverage Historical Data

* Premium members only.

The historical data trend for NSW'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.

NSW Interest Coverage Chart

NSW 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 No Debt No Debt No Debt No Debt No Debt

NSW Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 No Debt No Debt No Debt No Debt No Debt

TSE:9739 vs IBM, ACN, FISV: Interest Coverage Comparison

For the Information Technology Services subindustry, NSW'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.


NSW Interest Coverage vs Software Industry

For the Software industry and Technology sector, NSW's Interest Coverage distribution charts can be found below:

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


TSE:9739
78GF Score
NSW Inc TSE:9739
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NSW 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.

NSW'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, NSW's Interest Expense was 円0 Mil. Its Operating Income was 円5,362 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

NSW had no debt (1).

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

Here, for the six months ended in Mar. 2026, NSW's Interest Expense was 円0 Mil. Its Operating Income was 円2,995 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

NSW had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
NSW (TSE:9739) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on NSW and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, NSW's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, NSW ranks #18 out of 1705 companies in the Software industry, placing it in the top 1.1%.
Is NSW's Interest Coverage too high?
NSW's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, NSW ranks #18 out of 1705 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, NSW has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NSW's Interest Coverage compare to IBM and ACN?
According to the Software industry distribution chart, NSW ranks #18 out of 1705 companies for Interest Coverage. This places NSW in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 24.78. Historically, NSW's own Interest Coverage has ranged from 10,000.00 to 10,000.00 over the past decade. 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 Software company?
The median Interest Coverage among Software companies is 24.78, based on 1,705 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. 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 NSW and its competitors. For the Software industry, the median Interest Coverage is 24.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NSW's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NSW stock overvalued right now?
Based on GuruFocus' analysis, NSW (TSE:9739) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,017.98, compared to a current price of 円2,524.00 — trading 16.4% below its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. NSW's overall GF Score™ is 78/100 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 NSW (TSE:9739), the current Interest Coverage is No Debt (1) 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 NSW (TSE:9739) Overvalued in 2026?

Based on GuruFocus' analysis, NSW stock appears to be undervalued. The current stock price of 円2,524.00 is trading 16.4% below its estimated GF Value™ of 円3,017.98. GuruFocus considers NSW to be Modestly Undervalued.

Key valuation signals for TSE:9739:

  • Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
  • GF Value™: 円3,017.98 vs. price of 円2,524.00 (16.4% below fair value)
  • GF Score™: 78/100 with 1 warning sign

No single metric tells the full story. See the TSE:9739 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NSW Business Description

Address 31-11 Sakuragaokacho, Shibuya-ku, Tokyo, JPN, 150-8577
NSW Inc provides IT and embedded solutions in Japan. It offers a business solution, including consulting, system design, development, maintenance, and operational services for manufacturing, distribution, finance, insurance, and government sectors. The company also provides a range of IT services, such as designing servers and networks for optimum system performance; developing secure environments; and operating and monitoring systems via its urban and suburban data centers. The group conducts four segments, which include Enterprise Solutions, Service Solutions, Embedded Solutions, and Device Solutions.
78GF Score

Get the complete analysis for TSE:9739

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

円2,524.00
Price
円3,017.98
GF Value