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Taiyo Kagaku CoNGO:2902 -0.52%76 Interest Coverage is 133.47 as of Mar. 2026, which is 67% below its 10-year median of 410.08. GuruFocus rates NGO:2902 with a GF Score™ of 76/100 and a GF Value™ of 円1,845.55 (Significantly Overvalued). Among 1,250 Chemicals companies, Taiyo Kagaku Co ranks better than 90.08% 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. Taiyo Kagaku Co's
Operating Income
for the
three
months ended in Mar. 2026 was 円1,602 Mil. Taiyo Kagaku Co's Interest Expense for the
three
months ended in Mar. 2026 was 円-12 Mil.
Taiyo Kagaku Co's interest coverage for the quarter that ended in Mar. 2026 was 133.47.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Taiyo Kagaku Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Taiyo Kagaku Co's Interest Coverage or its related term are showing as below:
NGO:2902'
s Interest Coverage Range Over the Past 10 Years
Min: 233.79 Med: 410.08 Max: 883.15
Current: 233.79
NGO:2902's Interest Coverage is ranked better than 90.08% of 1250
companies
in the Chemicals industry
Industry Median: 10.64
vs NGO:2902: 233.79
Taiyo Kagaku Co (NGO:2902) 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 .
Taiyo Kagaku Co Interest Coverage Related Terms
Taiyo Kagaku Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Taiyo Kagaku 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.
NGO:2902 vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Taiyo Kagaku 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.
Taiyo Kagaku Co Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Taiyo Kagaku Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Taiyo Kagaku Co's Interest Coverage falls into.
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:
* 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.
Taiyo Kagaku Co (NGO:2902) has a Interest Coverage of 133.47 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Taiyo Kagaku Co and its competitors. This is 67% below median its historical median of 410.08. Over the past decade, Taiyo Kagaku Co's Interest Coverage has ranged from 233.79 to 883.15. According to the industry distribution chart, Taiyo Kagaku Co ranks #124 out of 1250 companies in the Chemicals industry, placing it in the top 9.9%.
Is Taiyo Kagaku Co's Interest Coverage too high?
Taiyo Kagaku Co's current Interest Coverage of 133.47 is 67% below median its 10-year median of 410.08. Over the past 10 years, this metric has ranged from a low of 233.79 to a high of 883.15. The Chemicals industry median Interest Coverage is 10.64. Taiyo Kagaku Co's value of 133.47 is 1154.4% above this industry median. Based on the distribution chart, Taiyo Kagaku Co ranks #124 out of 1250 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Taiyo Kagaku Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taiyo Kagaku Co's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Taiyo Kagaku Co ranks #124 out of 1250 companies for Interest Coverage. This places Taiyo Kagaku Co in the top 10% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.64. Taiyo Kagaku Co's value of 133.47 is 1154.4% above this benchmark. Historically, Taiyo Kagaku Co's own Interest Coverage has ranged from 233.79 to 883.15 over the past decade. While the company's 10-year median is 410.08 vs. the industry median of 10.64, Taiyo Kagaku 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 10.64, based on 1,250 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. Taiyo Kagaku Co's current Interest Coverage of 133.47 is 1154.4% 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 Taiyo Kagaku Co and its competitors. For the Chemicals industry, the median Interest Coverage is 10.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taiyo Kagaku Co's current Interest Coverage is 133.47, which is 67% below median its own 10-year median of 410.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiyo Kagaku Co stock overvalued right now?
Based on GuruFocus' analysis, Taiyo Kagaku Co (NGO:2902) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,845.55, compared to a current price of 円2,680.00 — trading 45.2% above its estimated fair value. The current Interest Coverage is 133.47, which is 67% below median its 10-year median of 410.08 and 1154.4% above the Chemicals industry median of 10.64. Taiyo Kagaku Co's overall GF Score™ is 76/100. 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 Taiyo Kagaku Co (NGO:2902), the current Interest Coverage is 133.47 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 Taiyo Kagaku Co (NGO:2902) Overvalued in 2026?
Based on GuruFocus' analysis, Taiyo Kagaku Co stock appears to be overvalued.
The current stock price of 円2,680.00 is trading 45.2% above its estimated GF Value™ of 円1,845.55.
GuruFocus considers Taiyo Kagaku Co to be Significantly Overvalued.
Key valuation signals for NGO:2902:
Interest Coverage: 133.47 (67% below median its 10-year median of 410.08)
GF Value™: 円1,845.55 vs. price of 円2,680.00 (45.2% above fair value)
Industry Position: 1154.4% above the Chemicals median (#124 of 1250)
No single metric tells the full story. See the NGO:2902 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Taiyo Kagaku Co Ltd is based in Japan. The company has three reportable segments: the Nutrition Business, the Interface Solutions Business, and the Natural Ingredients Business. The Nutrition Business manufactures and sells functional food ingredients such as catechin (green tea extract), theanine (a functional amino acid), and water-soluble dietary fiber, as well as mineral and vitamin preparations. The Interface Solutions Business manufactures and sells quality improvers such as emulsifiers. The Natural Ingredients Business manufactures and sells food ingredients such as egg products, protein ingredients, ingredients for instant foods, and processed agricultural products, as well as quality improvers and stabilizers.
76GF Score
Get the complete analysis for NGO:2902
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