SmartDrive

SmartDrive Interest Coverage

The Interest Coverage Ratio of SmartDrive (5137.T) as of Nov 11, 2026 is 10.93. In the previous year, Interest Coverage Ratio was 44.05 — a change of -75.19% (lower).

Interest Coverage

10.93

YoY

-75.19%

Last updated:

Interest Coverage Ratio of SmartDrive is 2025 10.93 . Interest Coverage Ratio of SmartDrive was 2024 44.05 . It decreases by -75.19% lower compared to the previous year.

The SmartDrive Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2020
-416.14 JPY
Jan 1, 2021
-88.30 JPY
Jan 1, 2022
-68.20 JPY
Jan 1, 2023
-2.81 JPY
Jan 1, 2024
44.05 JPY
Jan 1, 2025
10.93 JPY
The SmartDrive Interest Coverage history
YEARInterest CoverageYoY
10.93-75.19%
44.05-1,664.94%
-2.81-95.87%
-68.20-22.76%
-88.30-78.78%
-416.14—

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SmartDrive Stock analysis

What does SmartDrive do? SmartDrive Inc. generates revenue through three core business segments. The domestic fleet operator business offers SmartDrive Fleet, a cloud-based fleet management service for corporate customers, alongside optional add-on services. The domestic asset owner business provides OEM, POC, and R&D support for SmartDrive Fleet to partner companies, enabling them to integrate the service into their own offerings. The overseas mobility digital transformation business develops services tailored for the Southeast Asian market, leveraging Japan's mobility solutions for international expansion. Corporate customers purchase SmartDrive Fleet for fleet management, while partner companies in the domestic asset owner segment collaborate on OEM, POC, and R&D initiatives. Southeast Asian market players acquire the overseas mobility DX business services, which are adapted from Japan's mobility data expertise. The company's revenue streams are directly tied to these three distinct service models across different customer segments. SmartDrive is one of the most popular companies on Eulerpool.

Frequently Asked Questions about SmartDrive stock

Interest Coverage Ratio of SmartDrive is 10.93 in 2025.

Interest Coverage Ratio of SmartDrive changed from 44.05 to 10.93, representing a -75.19% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio SmartDrive since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's SmartDrive with sector peers and the industry average to assess whether it is attractive.

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Leverage — SmartDrive

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