Meitec Group Holdings (TSE:9744) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median

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TSE:9744 Meitec Group Holdings Inc TSE:9744
80 GF Score
Price 円3,224.00
GF Value 円3,314.85
Valuation Fairly Valued
! 1 Warning Sign
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What is Meitec Group Holdings Interest Coverage?

Meitec Group Holdings TSE:9744 +0.19% 80 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:9744 with a GF Score™ of 80/100 and a GF Value™ of 円3,314.85 (Fairly Valued). The stock has 1 warning sign investors should review. Among 813 Business Services companies, Meitec Group Holdings ranks better than 99.02% 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. Meitec Group Holdings's Operating Income for the three months ended in Mar. 2026 was 円3,734 Mil. Meitec Group Holdings's Interest Expense for the three months ended in Mar. 2026 was 円0 Mil. Meitec Group Holdings has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Meitec Group Holdings 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 Meitec Group Holdings's Interest Coverage or its related term are showing as below:

TSE:9744' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


TSE:9744's Interest Coverage is ranked better than
99.02% of 813 companies
in the Business Services industry
Industry Median: 13.21 vs TSE:9744: 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.


Meitec Group Holdings  (TSE:9744) 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 .


Meitec Group Holdings Interest Coverage Related Terms


Meitec Group Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Meitec Group Holdings'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.

Meitec Group Holdings Interest Coverage Chart

Meitec Group Holdings 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

Meitec Group Holdings 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 No Debt No Debt No Debt No Debt No Debt

TSE:9744 vs KFY, RHI, TNET: Interest Coverage Comparison

For the Staffing & Employment Services subindustry, Meitec Group Holdings'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.


Meitec Group Holdings Interest Coverage vs Business Services Industry

For the Business Services industry and Industrials sector, Meitec Group Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Meitec Group Holdings's Interest Coverage falls into.


TSE:9744
80GF Score
Meitec Group Holdings Inc TSE:9744
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Meitec Group Holdings 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.

Meitec Group Holdings'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, Meitec Group Holdings's Interest Expense was 円0 Mil. Its Operating Income was 円19,903 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Meitec Group Holdings had no debt (1).

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

Here, for the three months ended in Mar. 2026, Meitec Group Holdings's Interest Expense was 円0 Mil. Its Operating Income was 円3,734 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Meitec Group Holdings 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?
Meitec Group Holdings (TSE:9744) 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 Meitec Group Holdings and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Meitec Group Holdings' Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Meitec Group Holdings ranks #8 out of 813 companies in the Business Services industry, placing it in the top 1%.
Is Meitec Group Holdings' Interest Coverage too high?
Meitec Group Holdings' 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, Meitec Group Holdings ranks #8 out of 813 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Meitec Group Holdings has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Meitec Group Holdings' Interest Coverage compare to KFY and RHI?
According to the Business Services industry distribution chart, Meitec Group Holdings ranks #8 out of 813 companies for Interest Coverage. This places Meitec Group Holdings in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 13.21. Historically, Meitec Group Holdings' 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 Business Services company?
The median Interest Coverage among Business Services companies is 13.21, based on 813 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 Meitec Group Holdings and its competitors. For the Business Services industry, the median Interest Coverage is 13.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meitec Group Holdings'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 Meitec Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Meitec Group Holdings (TSE:9744) is currently considered Fairly Valued. The stock's GF Value™ is 円3,314.85, compared to a current price of 円3,224.00 — trading 2.7% 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. Meitec Group Holdings' overall GF Score™ is 80/100 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 Meitec Group Holdings (TSE:9744), 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 Meitec Group Holdings (TSE:9744) Overvalued in 2026?

Based on GuruFocus' analysis, Meitec Group Holdings stock appears to be undervalued. The current stock price of 円3,224.00 is trading 2.7% below its estimated GF Value™ of 円3,314.85. GuruFocus considers Meitec Group Holdings to be Fairly Valued.

Key valuation signals for TSE:9744:

  • Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
  • GF Value™: 円3,314.85 vs. price of 円3,224.00 (2.7% below fair value)
  • GF Score™: 80/100 with 1 warning sign

No single metric tells the full story. See the TSE:9744 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Meitec Group Holdings Business Description

Address 1-1-10 Ueno, Taito-ku, Tokyo, JPN, 110-0005
Meitec Group Holdings Inc formerly Meitec Corp offers staffing in the flexible labour market and engineering solutions for manufacturers. The company provides temporary engineering staffing, senior-workforce development, career development and career change support, global engineering solution outsourcing, prototyping and mold making, mounting and design of circuit boards, and information technology solutions. The core business segment is temporary staffing offering flexible staffing for engineering companies. Meitec operates in Japan.
80GF Score

Get the complete analysis for TSE:9744

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

円3,224.00
Price
円3,314.85
GF Value