DENKF (Denka Co) Interest Coverage: 15.03 (As of Mar. 2026) — 56% Below Median


DENKF Denka Co Ltd DENKF
56 GF Score
Price $28.00
GF Value $9.54
! 11 Warning Signs
View Full Analysis

What is Denka Co Interest Coverage?

Denka Co DENKF 56 Interest Coverage is 15.03 as of Mar. 2026, which is 56% below its 10-year median of 34.00. GuruFocus rates DENKF with a GF Score™ of 56/100 and a GF Value™ of $9.54. The stock has 11 warning signs investors should review. Among 1,237 Chemicals companies, Denka Co ranks better than 54% 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. Denka Co's Operating Income for the three months ended in Mar. 2026 was $51 Mil. Denka Co's Interest Expense for the three months ended in Mar. 2026 was $-3 Mil. Denka Co's interest coverage for the quarter that ended in Mar. 2026 was 15.03. The higher the ratio, the stronger the company's financial strength is.

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

DENKF' s Interest Coverage Range Over the Past 10 Years
Min: 6.89   Med: 34   Max: 47.6
Current: 12.46


DENKF's Interest Coverage is ranked better than
54% of 1237 companies
in the Chemicals industry
Industry Median: 10.21 vs DENKF: 12.46

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


Denka Co  (OTCPK:DENKF) 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 .


Denka Co Interest Coverage Related Terms


Denka Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Denka 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.

Denka Co Interest Coverage Chart

Denka 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 43.43 27.94 7.95 6.89 12.46

Denka 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 4.46 3.75 14.25 19.49 15.03

DENKF vs DOW: Interest Coverage Comparison

For the Chemicals subindustry, Denka 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.


Denka Co Interest Coverage vs Chemicals Industry

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

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


DENKF
56GF Score
Denka Co Ltd DENKF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Denka 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.

Denka 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, Denka Co's Interest Expense was $-13 Mil. Its Operating Income was $165 Mil. And its Long-Term Debt & Capital Lease Obligation was $849 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*165.273/-13.259
=12.46

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

Here, for the three months ended in Mar. 2026, Denka Co's Interest Expense was $-3 Mil. Its Operating Income was $51 Mil. And its Long-Term Debt & Capital Lease Obligation was $849 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*50.592/-3.365
=15.03

* 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 15.03 mean?
Denka Co (DENKF) has a Interest Coverage of 15.03 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Denka Co and its competitors. This is 56% below median its historical median of 34.00. Over the past decade, Denka Co's Interest Coverage has ranged from 6.89 to 47.60. According to the industry distribution chart, Denka Co ranks #569 out of 1237 companies in the Chemicals industry, placing it in the top 46%.
Is Denka Co's Interest Coverage too high?
Denka Co's current Interest Coverage of 15.03 is 56% below median its 10-year median of 34.00. Over the past 10 years, this metric has ranged from a low of 6.89 to a high of 47.60. The Chemicals industry median Interest Coverage is 10.21. Denka Co's value of 15.03 is 47.2% above this industry median. Based on the distribution chart, Denka Co ranks #569 out of 1237 companies in the Chemicals industry, which is above the industry midpoint. Overall, Denka Co has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Denka Co's Interest Coverage compare to DOW?
According to the Chemicals industry distribution chart, Denka Co ranks #569 out of 1237 companies for Interest Coverage. This puts Denka Co in the upper half of its industry. The industry median Interest Coverage is 10.21. Denka Co's value of 15.03 is 47.2% above this benchmark. Historically, Denka Co's own Interest Coverage has ranged from 6.89 to 47.60 over the past decade. While the company's 10-year median is 34.00 vs. the industry median of 10.21, Denka 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 10.21, 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. Denka Co's current Interest Coverage of 15.03 is 47.2% 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 Denka Co and its competitors. For the Chemicals industry, the median Interest Coverage is 10.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Denka Co's current Interest Coverage is 15.03, which is 56% below median its own 10-year median of 34.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Denka Co stock overvalued right now?
Denka Co (DENKF) has a current Interest Coverage of 15.03. The stock's GF Value™ is $9.54, compared to a current price of $28.00 — trading 193.5% above its estimated fair value. The current Interest Coverage is 15.03, which is 56% below median its 10-year median of 34.00 and 47.2% above the Chemicals industry median of 10.21. Denka Co's overall GF Score™ is 56/100 with 11 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 Denka Co (DENKF), the current Interest Coverage is 15.03 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 Denka Co (DENKF) Overvalued in 2026?

Based on GuruFocus' analysis, Denka Co stock appears to be overvalued. The current stock price of $28.00 is trading 193.5% above its estimated GF Value™ of $9.54.

Key valuation signals for DENKF:

  • Interest Coverage: 15.03 (56% below median its 10-year median of 34.00)
  • GF Value™: $9.54 vs. price of $28.00 (193.5% above fair value)
  • GF Score™: 56/100 with 11 warning signs
  • Industry Position: 47.2% above the Chemicals median (#569 of 1237)

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


Denka Co Business Description

Other Exchanges 4061:JapanDIK:Germany
Address Nihonbashi Mitsui Tower, 1-1, Nihonbashi-Muromachi, 2-Chome Chuo-ku, Tokyo, JPN, 103-8338
Denka Co Ltd manufactures and sells chemicals, plastics, and chemical-based products. The firm organizes itself into four segments based on product type. The elastomers and performance plastics segment, which generates more revenue than any other segment, sells rubber products used by the automotive industry and plastics used to manufacture electronics including televisions. The infrastructure and social solutions segment sells cement and fertilizer to the construction and building industries. The electronics and innovative products segment sells film, and resins used by the electronics industry. The life science and environment products segment sells housing materials including rain gutters, plastic food packaging materials, and industrial materials including electrical tape.
56GF Score

Get the complete analysis for DENKF

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

$28.00
Price
$9.54
GF Value