NEXTAGE Co (NGO:3186) Interest Coverage: 29.31 (As of Nov. 2025) — 20% Below Median


NGO:3186 NEXTAGE Co Ltd NGO:3186
90 GF Score
Price 円3,430.00
GF Value 円2,713.40
Valuation Modestly Overvalued
! 9 Warning Signs
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What is NEXTAGE Co Interest Coverage?

NEXTAGE Co NGO:3186 90 Interest Coverage is 29.31 as of Nov. 2025, which is 20% below its 10-year median of 36.57. GuruFocus rates NGO:3186 with a GF Score™ of 90/100 and a GF Value™ of 円2,713.40 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 1,066 Vehicles & Parts companies, NEXTAGE Co ranks better than 72.8% 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. NEXTAGE Co's Operating Income for the three months ended in Nov. 2025 was 円6,623 Mil. NEXTAGE Co's Interest Expense for the three months ended in Nov. 2025 was 円-226 Mil. NEXTAGE Co's interest coverage for the quarter that ended in Nov. 2025 was 29.31. The higher the ratio, the stronger the company's financial strength is.

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

NGO:3186' s Interest Coverage Range Over the Past 10 Years
Min: 21.05   Med: 36.57   Max: 79.38
Current: 25.51


NGO:3186's Interest Coverage is ranked better than
72.8% of 1066 companies
in the Vehicles & Parts industry
Industry Median: 8.295 vs NGO:3186: 25.51

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


NEXTAGE Co  (NGO:3186) 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 .


NEXTAGE Co Interest Coverage Related Terms


NEXTAGE Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for NEXTAGE 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.

NEXTAGE Co Interest Coverage Chart

NEXTAGE Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.44 79.38 58.92 25.83 21.05

NEXTAGE Co Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 8.95 22.14 24.20 29.31 26.42

NGO:3186 vs CVNA, PAG, ALTB: Interest Coverage Comparison

For the Auto & Truck Dealerships subindustry, NEXTAGE 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.


NEXTAGE Co Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NEXTAGE Co's Interest Coverage distribution charts can be found below:

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


NGO:3186
90GF Score
NEXTAGE Co Ltd NGO:3186
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NEXTAGE 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.

NEXTAGE Co's Interest Coverage for the fiscal year that ended in Nov. 2025 is calculated as

Here, for the fiscal year that ended in Nov. 2025, NEXTAGE Co's Interest Expense was 円-931 Mil. Its Operating Income was 円19,598 Mil. And its Long-Term Debt & Capital Lease Obligation was 円66,309 Mil.

Interest Coverage=-1* Operating Income (A: Nov. 2025 )/Interest Expense (A: Nov. 2025 )
=-1*19598/-931
=21.05

NEXTAGE Co's Interest Coverage for the quarter that ended in Nov. 2025 is calculated as

Here, for the three months ended in Nov. 2025, NEXTAGE Co's Interest Expense was 円-226 Mil. Its Operating Income was 円6,623 Mil. And its Long-Term Debt & Capital Lease Obligation was 円66,309 Mil.

Interest Coverage=-1* Operating Income (Q: Nov. 2025 )/Interest Expense (Q: Nov. 2025 )
=-1*6623/-226
=29.31

* 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 29.31 mean?
NEXTAGE Co (NGO:3186) has a Interest Coverage of 29.31 as of Nov. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on NEXTAGE Co and its competitors. This is 20% below median its historical median of 36.57. Over the past decade, NEXTAGE Co's Interest Coverage has ranged from 21.05 to 79.38. According to the industry distribution chart, NEXTAGE Co ranks #290 out of 1066 companies in the Vehicles & Parts industry, placing it in the top 27.2%.
Is NEXTAGE Co's Interest Coverage too high?
NEXTAGE Co's current Interest Coverage of 29.31 is 20% below median its 10-year median of 36.57. Over the past 10 years, this metric has ranged from a low of 21.05 to a high of 79.38. The Vehicles & Parts industry median Interest Coverage is 8.30. NEXTAGE Co's value of 29.31 is 253.3% above this industry median. Based on the distribution chart, NEXTAGE Co ranks #290 out of 1066 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, NEXTAGE Co has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NEXTAGE Co's Interest Coverage compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, NEXTAGE Co ranks #290 out of 1066 companies for Interest Coverage. This puts NEXTAGE Co in the upper half of its industry. The industry median Interest Coverage is 8.30. NEXTAGE Co's value of 29.31 is 253.3% above this benchmark. Historically, NEXTAGE Co's own Interest Coverage has ranged from 21.05 to 79.38 over the past decade. While the company's 10-year median is 36.57 vs. the industry median of 8.30, NEXTAGE 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.30, based on 1,066 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. NEXTAGE Co's current Interest Coverage of 29.31 is 253.3% 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 NEXTAGE Co and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEXTAGE Co's current Interest Coverage is 29.31, which is 20% below median its own 10-year median of 36.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEXTAGE Co stock overvalued right now?
Based on GuruFocus' analysis, NEXTAGE Co (NGO:3186) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,713.40, compared to a current price of 円3,430.00 — trading 26.4% above its estimated fair value. The current Interest Coverage is 29.31, which is 20% below median its 10-year median of 36.57 and 253.3% above the Vehicles & Parts industry median of 8.30. NEXTAGE Co's overall GF Score™ is 90/100 with 9 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 NEXTAGE Co (NGO:3186), the current Interest Coverage is 29.31 as of Nov. 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 NEXTAGE Co (NGO:3186) Overvalued in 2026?

Based on GuruFocus' analysis, NEXTAGE Co stock appears to be overvalued. The current stock price of 円3,430.00 is trading 26.4% above its estimated GF Value™ of 円2,713.40. GuruFocus considers NEXTAGE Co to be Modestly Overvalued.

Key valuation signals for NGO:3186:

  • Interest Coverage: 29.31 (20% below median its 10-year median of 36.57)
  • GF Value™: 円2,713.40 vs. price of 円3,430.00 (26.4% above fair value)
  • GF Score™: 90/100 with 9 warning signs
  • Industry Position: 253.3% above the Vehicles & Parts median (#290 of 1066)

No single metric tells the full story. See the NGO:3186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NEXTAGE Co Business Description

Other Exchanges 3186:Japan
Address 1-26-8 Aoi Higashi-ku, Aichi Prefecture, Nagoya, JPN, 461-0004
NEXTAGE Co Ltd is principally engaged in the dealing of used cars. It is primarily involved in operation, maintenance, insurance agency and automobile dealing of retails used domestic cars as well as sells imported cars and SUV/vans. In addition, the company operates an automobile maintenance business.
90GF Score

Get the complete analysis for NGO:3186

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

円3,430.00
Price
円2,713.40
GF Value