Verite Co (TSE:9904) Interest Coverage: 20.00 (As of Mar. 2026) — 77% Below Median

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TSE:9904 Verite Co Ltd TSE:9904
72 GF Score
Price 円242.00
GF Value 円473.57
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Verite Co Interest Coverage?

Verite Co TSE:9904 +0.41% 72 Interest Coverage is 20.00 as of Mar. 2026, which is 77% below its 10-year median of 87.50. GuruFocus rates TSE:9904 with a GF Score™ of 72/100 and a GF Value™ of 円473.57 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 837 Retail - Cyclical companies, Verite Co ranks better than 77.06% 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. Verite Co's Operating Income for the three months ended in Mar. 2026 was 円160 Mil. Verite Co's Interest Expense for the three months ended in Mar. 2026 was 円-8 Mil. Verite Co's interest coverage for the quarter that ended in Mar. 2026 was 20.00. The higher the ratio, the stronger the company's financial strength is.

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

TSE:9904' s Interest Coverage Range Over the Past 10 Years
Min: 22.62   Med: 87.5   Max: 136.17
Current: 28.04


TSE:9904's Interest Coverage is ranked better than
77.06% of 837 companies
in the Retail - Cyclical industry
Industry Median: 7.43 vs TSE:9904: 28.04

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


Verite Co  (TSE:9904) 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 .


Verite Co Interest Coverage Related Terms


Verite Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Verite 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.

Verite Co Interest Coverage Chart

Verite 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 129.33 133.14 122.29 73.00 28.04

Verite Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 52.00 40.88 20.00

TSE:9904 vs TPR: Interest Coverage Comparison

For the Luxury Goods subindustry, Verite 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.


Verite Co Interest Coverage vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Verite Co's Interest Coverage distribution charts can be found below:

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


TSE:9904
72GF Score
Verite Co Ltd TSE:9904
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Verite 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.

Verite 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, Verite Co's Interest Expense was 円-25 Mil. Its Operating Income was 円701 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*701/-25
=28.04

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

Here, for the three months ended in Mar. 2026, Verite Co's Interest Expense was 円-8 Mil. Its Operating Income was 円160 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*160/-8
=20.00

* 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 20.00 mean?
Verite Co (TSE:9904) has a Interest Coverage of 20.00 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Verite Co and its competitors. This is 77% below median its historical median of 87.50. Over the past decade, Verite Co's Interest Coverage has ranged from 22.62 to 136.17. According to the industry distribution chart, Verite Co ranks #192 out of 837 companies in the Retail - Cyclical industry, placing it in the top 22.9%.
Is Verite Co's Interest Coverage too high?
Verite Co's current Interest Coverage of 20.00 is 77% below median its 10-year median of 87.50. Over the past 10 years, this metric has ranged from a low of 22.62 to a high of 136.17. The Retail - Cyclical industry median Interest Coverage is 7.43. Verite Co's value of 20.00 is 169.2% above this industry median. Based on the distribution chart, Verite Co ranks #192 out of 837 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Verite Co has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Verite Co's Interest Coverage compare to TPR?
According to the Retail - Cyclical industry distribution chart, Verite Co ranks #192 out of 837 companies for Interest Coverage. This places Verite Co in the top 23% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 7.43. Verite Co's value of 20.00 is 169.2% above this benchmark. Historically, Verite Co's own Interest Coverage has ranged from 22.62 to 136.17 over the past decade. While the company's 10-year median is 87.50 vs. the industry median of 7.43, Verite 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 Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.43, based on 837 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. Verite Co's current Interest Coverage of 20.00 is 169.2% 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 Verite Co and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Verite Co's current Interest Coverage is 20.00, which is 77% below median its own 10-year median of 87.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Verite Co stock overvalued right now?
Based on GuruFocus' analysis, Verite Co (TSE:9904) is currently considered Significantly Undervalued. The stock's GF Value™ is 円473.57, compared to a current price of 円242.00 — trading 48.9% below its estimated fair value. The current Interest Coverage is 20.00, which is 77% below median its 10-year median of 87.50 and 169.2% above the Retail - Cyclical industry median of 7.43. Verite Co's overall GF Score™ is 72/100 with 4 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 Verite Co (TSE:9904), the current Interest Coverage is 20.00 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 Verite Co (TSE:9904) Overvalued in 2026?

Based on GuruFocus' analysis, Verite Co stock appears to be undervalued. The current stock price of 円242.00 is trading 48.9% below its estimated GF Value™ of 円473.57. GuruFocus considers Verite Co to be Significantly Undervalued.

Key valuation signals for TSE:9904:

  • Interest Coverage: 20.00 (77% below median its 10-year median of 87.50)
  • GF Value™: 円473.57 vs. price of 円242.00 (48.9% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 169.2% above the Retail - Cyclical median (#192 of 837)

No single metric tells the full story. See the TSE:9904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Verite Co Business Description

Address 3-33-8 Tsuruyacho, Kanagawa-ku, Yokohama, Kanagawa, JPN, 221-8705
Verite Co Ltd is engaged in operating jewellery specialty retail chain. The company is engaged in manufacture and sale of precious metal, clock, and fashion goods. The firm offers customer service and after sales service which include repair, processing and renovation.
72GF Score

Get the complete analysis for TSE:9904

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

円242.00
Price
円473.57
GF Value