CGCLF (Central Glass Co) Interest Coverage: 61.62 (As of Mar. 2026) — 114% Above Median


CGCLF Central Glass Co Ltd CGCLF
77 GF Score
Price $23.86
GF Value $19.09
! 6 Warning Signs
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What is Central Glass Co Interest Coverage?

Central Glass Co CGCLF 77 Interest Coverage is 61.62 as of Mar. 2026, which is 114% above its 10-year median of 28.83. GuruFocus rates CGCLF with a GF Score™ of 77/100 and a GF Value™ of $19.09. The stock has 6 warning signs investors should review. Among 1,237 Chemicals companies, Central Glass Co ranks better than 73.48% 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. Central Glass Co's Operating Income for the three months ended in Mar. 2026 was $23.3 Mil. Central Glass Co's Interest Expense for the three months ended in Mar. 2026 was $-0.4 Mil. Central Glass Co's interest coverage for the quarter that ended in Mar. 2026 was 61.62. The higher the ratio, the stronger the company's financial strength is.

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

CGCLF' s Interest Coverage Range Over the Past 10 Years
Min: 8.69   Med: 28.83   Max: 51.4
Current: 40.12


CGCLF's Interest Coverage is ranked better than
73.48% of 1237 companies
in the Chemicals industry
Industry Median: 10.26 vs CGCLF: 40.12

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


Central Glass Co  (OTCPK:CGCLF) 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 .


Central Glass Co Interest Coverage Related Terms


Central Glass Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Central Glass 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.

Central Glass Co Interest Coverage Chart

Central Glass 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 23.59 51.40 41.16 36.16 40.13

Central Glass 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 32.29 23.67 14.54 63.82 61.62

CGCLF vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Central Glass 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.


Central Glass Co Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Central Glass Co's Interest Coverage distribution charts can be found below:

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


CGCLF
77GF Score
Central Glass Co Ltd CGCLF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Central Glass 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.

Central Glass 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, Central Glass Co's Interest Expense was $-1.6 Mil. Its Operating Income was $63.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $113.4 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*63.208/-1.575
=40.13

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

Here, for the three months ended in Mar. 2026, Central Glass Co's Interest Expense was $-0.4 Mil. Its Operating Income was $23.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $113.4 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*23.292/-0.378
=61.62

* 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 61.62 mean?
Central Glass Co (CGCLF) has a Interest Coverage of 61.62 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Central Glass Co and its competitors. This is 114% above median its historical median of 28.83. Over the past decade, Central Glass Co's Interest Coverage has ranged from 8.69 to 51.40. According to the industry distribution chart, Central Glass Co ranks #328 out of 1237 companies in the Chemicals industry, placing it in the top 26.5%.
Is Central Glass Co's Interest Coverage too high?
Central Glass Co's current Interest Coverage of 61.62 is 114% above median its 10-year median of 28.83. Over the past 10 years, this metric has ranged from a low of 8.69 to a high of 51.40. The Chemicals industry median Interest Coverage is 10.26. Central Glass Co's value of 61.62 is 500.6% above this industry median. Based on the distribution chart, Central Glass Co ranks #328 out of 1237 companies in the Chemicals industry, which is above the industry midpoint. Overall, Central Glass Co has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Central Glass Co's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Central Glass Co ranks #328 out of 1237 companies for Interest Coverage. This puts Central Glass Co in the upper half of its industry. The industry median Interest Coverage is 10.26. Central Glass Co's value of 61.62 is 500.6% above this benchmark. Historically, Central Glass Co's own Interest Coverage has ranged from 8.69 to 51.40 over the past decade. While the company's 10-year median is 28.83 vs. the industry median of 10.26, Central Glass 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.26, based on 1,237 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. Central Glass Co's current Interest Coverage of 61.62 is 500.6% 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 Central Glass Co and its competitors. For the Chemicals industry, the median Interest Coverage is 10.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Glass Co's current Interest Coverage is 61.62, which is 114% above median its own 10-year median of 28.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Glass Co stock overvalued right now?
Central Glass Co (CGCLF) has a current Interest Coverage of 61.62. The stock's GF Value™ is $19.09, compared to a current price of $23.86 — trading 25% above its estimated fair value. The current Interest Coverage is 61.62, which is 114% above median its 10-year median of 28.83 and 500.6% above the Chemicals industry median of 10.26. Central Glass Co's overall GF Score™ is 77/100 with 6 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 Central Glass Co (CGCLF), the current Interest Coverage is 61.62 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 Central Glass Co (CGCLF) Overvalued in 2026?

Based on GuruFocus' analysis, Central Glass Co stock appears to be overvalued. The current stock price of $23.86 is trading 25% above its estimated GF Value™ of $19.09.

Key valuation signals for CGCLF:

  • Interest Coverage: 61.62 (114% above median its 10-year median of 28.83)
  • GF Value™: $19.09 vs. price of $23.86 (25% above fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 500.6% above the Chemicals median (#328 of 1237)

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


Central Glass Co Business Description

Other Exchanges 4044:Japan
Address 7-1 Kanda-Nishikicho 3-chome, Kowa-Hitotsubashi Building, Chiyoda-ku, Tokyo, JPN, 101-0054
Central Glass Co Ltd manufactures and sells a variety of chemicals and glass-based products. The firm's two segments are based on product type. The glass segment, which generates the majority of revenue, sells architectural glass used in windows and other building components, automotive glass, and glass used in electronics for touchscreen panels and liquid-crystal display screens. The chemicals segment sells hydrogen fluoride used to make electronics and pharmaceuticals, fertilizers, soda ash and chloride used in water treatment and refrigerants, and glass fiber products. The majority of revenue comes from Japan and North America.
77GF Score

Get the complete analysis for CGCLF

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

$23.86
Price
$19.09
GF Value