CANRF (Canare Electric Co) Interest Coverage: 70.14 (As of Dec. 2025) — 89% Below Median

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CANRF Canare Electric Co Ltd CANRF
80 GF Score
Price $9.96
GF Value $9.31
! 2 Warning Signs
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What is Canare Electric Co Interest Coverage?

Canare Electric Co CANRF 80 Interest Coverage is 70.14 as of Dec. 2025, which is 89% below its 10-year median of 620.73. GuruFocus rates CANRF with a GF Score™ of 80/100 and a GF Value™ of $9.31. The stock has 2 warning signs investors should review. Among 2,320 Industrial Products companies, Canare Electric Co ranks better than 86.68% 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. Canare Electric Co's Operating Income for the three months ended in Dec. 2025 was $1.47 Mil. Canare Electric Co's Interest Expense for the three months ended in Dec. 2025 was $-0.02 Mil. Canare Electric Co's interest coverage for the quarter that ended in Dec. 2025 was 70.14. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Canare Electric Co Ltd has no debt.

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

CANRF' s Interest Coverage Range Over the Past 10 Years
Min: 171.97   Med: 620.73   Max: No Debt
Current: 171.97


CANRF's Interest Coverage is ranked better than
86.68% of 2320 companies
in the Industrial Products industry
Industry Median: 14.775 vs CANRF: 171.97

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


Canare Electric Co  (OTCPK:CANRF) 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 .


Canare Electric Co Interest Coverage Related Terms


Canare Electric Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Canare Electric 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.

Canare Electric Co Interest Coverage Chart

Canare Electric Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 739.67 484.94 445.69 645.14 307.64

Canare Electric Co 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 1,704.50 2,667.00 310.80 70.14 104.35

CANRF vs VRT, BE: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, Canare Electric 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.


Canare Electric Co Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Canare Electric Co's Interest Coverage distribution charts can be found below:

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


CANRF
80GF Score
Canare Electric Co Ltd CANRF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canare Electric 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.

Canare Electric Co's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Canare Electric Co's Interest Expense was $-0.03 Mil. Its Operating Income was $10.15 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*10.152/-0.033
=307.64

Canare Electric Co's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Canare Electric Co's Interest Expense was $-0.02 Mil. Its Operating Income was $1.47 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*1.473/-0.021
=70.14

* 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 70.14 mean?
Canare Electric Co (CANRF) has a Interest Coverage of 70.14 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Canare Electric Co and its competitors. This is 89% below median its historical median of 620.73. Over the past decade, Canare Electric Co's Interest Coverage has ranged from 171.97 to 10,000.00. According to the industry distribution chart, Canare Electric Co ranks #309 out of 2320 companies in the Industrial Products industry, placing it in the top 13.3%.
Is Canare Electric Co's Interest Coverage too high?
Canare Electric Co's current Interest Coverage of 70.14 is 89% below median its 10-year median of 620.73. Over the past 10 years, this metric has ranged from a low of 171.97 to a high of 10,000.00. The Industrial Products industry median Interest Coverage is 14.78. Canare Electric Co's value of 70.14 is 374.7% above this industry median. Based on the distribution chart, Canare Electric Co ranks #309 out of 2320 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Canare Electric Co has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Canare Electric Co's Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Canare Electric Co ranks #309 out of 2320 companies for Interest Coverage. This places Canare Electric Co in the top 13% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.78. Canare Electric Co's value of 70.14 is 374.7% above this benchmark. Historically, Canare Electric Co's own Interest Coverage has ranged from 171.97 to 10,000.00 over the past decade. While the company's 10-year median is 620.73 vs. the industry median of 14.78, Canare Electric 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.78, based on 2,320 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. Canare Electric Co's current Interest Coverage of 70.14 is 374.7% 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 Canare Electric Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canare Electric Co's current Interest Coverage is 70.14, which is 89% below median its own 10-year median of 620.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canare Electric Co stock overvalued right now?
Canare Electric Co (CANRF) has a current Interest Coverage of 70.14. The stock's GF Value™ is $9.31, compared to a current price of $9.96 — trading 7% above its estimated fair value. The current Interest Coverage is 70.14, which is 89% below median its 10-year median of 620.73 and 374.7% above the Industrial Products industry median of 14.78. Canare Electric Co's overall GF Score™ is 80/100 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 Canare Electric Co (CANRF), the current Interest Coverage is 70.14 as of Dec. 2025. 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 Canare Electric Co (CANRF) Overvalued in 2026?

Based on GuruFocus' analysis, Canare Electric Co stock appears to be overvalued. The current stock price of $9.96 is trading 7% above its estimated GF Value™ of $9.31.

Key valuation signals for CANRF:

  • Interest Coverage: 70.14 (89% below median its 10-year median of 620.73)
  • GF Value™: $9.31 vs. price of $9.96 (7% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 374.7% above the Industrial Products median (#309 of 2320)

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


Canare Electric Co Business Description

Other Exchanges 5819:Japan
Address 1201-10 Okumawari, Fujieda-cho, Aichi Prefecture, Nisshin, JPN, 105-0011
Canare Electric Co Ltd develops, manufactures, and sells audio and video cables, connectors, patchbays, assemblies, converters and related products, and fiber-optic products. Its products include video jacks, crimp plugs, coaxial cable strippers, receptacles, and adapters. It serves television broadcasting, and professional audio and video industries.
80GF Score

Get the complete analysis for CANRF

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

$9.96
Price
$9.31
GF Value