Maruken Lease Co (TSE:9763) Interest Coverage: 13.33 (As of Mar. 2026) — 25% Below Median


TSE:9763 Maruken Lease Co Ltd TSE:9763
79 GF Score
Price 円1,245.00
GF Value 円1,233.99
Valuation Fairly Valued
! 2 Warning Signs
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What is Maruken Lease Co Interest Coverage?

Maruken Lease Co TSE:9763 +2.13% 79 Interest Coverage is 13.33 as of Mar. 2026, which is 25% below its 10-year median of 17.86. GuruFocus rates TSE:9763 with a GF Score™ of 79/100 and a GF Value™ of 円1,233.99 (Fairly Valued). The stock has 2 warning signs investors should review. Among 812 Business Services companies, Maruken Lease Co ranks better than 54.56% 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. Maruken Lease Co's Operating Income for the six months ended in Mar. 2026 was 円640 Mil. Maruken Lease Co's Interest Expense for the six months ended in Mar. 2026 was 円-48 Mil. Maruken Lease Co's interest coverage for the quarter that ended in Mar. 2026 was 13.33. The higher the ratio, the stronger the company's financial strength is.

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

TSE:9763' s Interest Coverage Range Over the Past 10 Years
Min: 14.02   Med: 17.86   Max: 47.54
Current: 16.62


TSE:9763's Interest Coverage is ranked better than
54.56% of 812 companies
in the Business Services industry
Industry Median: 12.98 vs TSE:9763: 16.62

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


Maruken Lease Co  (TSE:9763) 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 .


Maruken Lease Co Interest Coverage Related Terms


Maruken Lease Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Maruken Lease 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.

Maruken Lease Co Interest Coverage Chart

Maruken Lease Co 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 29.69 38.77 47.54 37.95 16.62

Maruken Lease Co 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 53.93 42.59 34.52 20.76 13.33

TSE:9763 vs URI, SUNB, AER: Interest Coverage Comparison

For the Rental & Leasing Services subindustry, Maruken Lease 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.


Maruken Lease Co Interest Coverage vs Business Services Industry

For the Business Services industry and Industrials sector, Maruken Lease Co's Interest Coverage distribution charts can be found below:

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


TSE:9763
79GF Score
Maruken Lease Co Ltd TSE:9763
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maruken Lease 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.

Maruken Lease Co'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, Maruken Lease Co's Interest Expense was 円-86 Mil. Its Operating Income was 円1,429 Mil. And its Long-Term Debt & Capital Lease Obligation was 円3,262 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1429/-86
=16.62

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

Here, for the six months ended in Mar. 2026, Maruken Lease Co's Interest Expense was 円-48 Mil. Its Operating Income was 円640 Mil. And its Long-Term Debt & Capital Lease Obligation was 円3,262 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*640/-48
=13.33

* 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 13.33 mean?
Maruken Lease Co (TSE:9763) has a Interest Coverage of 13.33 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Maruken Lease Co and its competitors. This is 25% below median its historical median of 17.86. Over the past decade, Maruken Lease Co's Interest Coverage has ranged from 14.02 to 47.54. According to the industry distribution chart, Maruken Lease Co ranks #369 out of 812 companies in the Business Services industry, placing it in the top 45.4%.
Is Maruken Lease Co's Interest Coverage too high?
Maruken Lease Co's current Interest Coverage of 13.33 is 25% below median its 10-year median of 17.86. Over the past 10 years, this metric has ranged from a low of 14.02 to a high of 47.54. The Business Services industry median Interest Coverage is 12.98. Maruken Lease Co's value of 13.33 is 2.7% above this industry median. Based on the distribution chart, Maruken Lease Co ranks #369 out of 812 companies in the Business Services industry, which is above the industry midpoint. Overall, Maruken Lease Co has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Maruken Lease Co's Interest Coverage compare to URI and SUNB?
According to the Business Services industry distribution chart, Maruken Lease Co ranks #369 out of 812 companies for Interest Coverage. This puts Maruken Lease Co in the upper half of its industry. The industry median Interest Coverage is 12.98. Maruken Lease Co's value of 13.33 is 2.7% above this benchmark. Historically, Maruken Lease Co's own Interest Coverage has ranged from 14.02 to 47.54 over the past decade. While the company's 10-year median is 17.86 vs. the industry median of 12.98, Maruken Lease 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 Business Services company?
The median Interest Coverage among Business Services companies is 12.98, based on 812 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. Maruken Lease Co's current Interest Coverage of 13.33 is 2.7% 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 Maruken Lease Co and its competitors. For the Business Services industry, the median Interest Coverage is 12.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maruken Lease Co's current Interest Coverage is 13.33, which is 25% below median its own 10-year median of 17.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maruken Lease Co stock overvalued right now?
Based on GuruFocus' analysis, Maruken Lease Co (TSE:9763) is currently considered Fairly Valued. The stock's GF Value™ is 円1,233.99, compared to a current price of 円1,245.00 — trading 0.9% above its estimated fair value. The current Interest Coverage is 13.33, which is 25% below median its 10-year median of 17.86 and 2.7% above the Business Services industry median of 12.98. Maruken Lease Co's overall GF Score™ is 79/100 with 2 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 Maruken Lease Co (TSE:9763), the current Interest Coverage is 13.33 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 Maruken Lease Co (TSE:9763) Overvalued in 2026?

Based on GuruFocus' analysis, Maruken Lease Co stock appears to be overvalued. The current stock price of 円1,245.00 is trading 0.9% above its estimated GF Value™ of 円1,233.99. GuruFocus considers Maruken Lease Co to be Fairly Valued.

Key valuation signals for TSE:9763:

  • Interest Coverage: 13.33 (25% below median its 10-year median of 17.86)
  • GF Value™: 円1,233.99 vs. price of 円1,245.00 (0.9% above fair value)
  • GF Score™: 79/100 with 2 warning signs
  • Industry Position: 2.7% above the Business Services median (#369 of 812)

No single metric tells the full story. See the TSE:9763 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Maruken Lease Co Business Description

Address 2-4-1 Shiba Park, 105-0011 Shiba Park Building A 9th Floor, Minato-ku, Tokyo, JPN, 105-0011
Maruken Lease Co Ltd is engaged in Rental, sales, repair, processing, etc. of heavy temporary steel materials for construction (steel sheet piles, H-beams, steel retaining walls, road surface lining plates, steel plates, etc.), as well as the installation of these piles, retaining walls, and underground diaphragm wall construction.
79GF Score

Get the complete analysis for TSE:9763

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

円1,245.00
Price
円1,233.99
GF Value