Chubu Steel Plate Co (NGO:5461) Interest Coverage: 182.00 (As of Mar. 2026) — 70% Below Median


NGO:5461 Chubu Steel Plate Co Ltd NGO:5461
75 GF Score
Price 円2,082.00
GF Value 円1,962.34
! 6 Warning Signs
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What is Chubu Steel Plate Co Interest Coverage?

Chubu Steel Plate Co NGO:5461 75 Interest Coverage is 182.00 as of Mar. 2026, which is 70% below its 10-year median of 611.30. GuruFocus rates NGO:5461 with a GF Score™ of 75/100 and a GF Value™ of 円1,962.34. The stock has 6 warning signs investors should review. Among 456 Steel companies, Chubu Steel Plate Co ranks better than 87.94% 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. Chubu Steel Plate Co's Operating Income for the six months ended in Mar. 2026 was 円364 Mil. Chubu Steel Plate Co's Interest Expense for the six months ended in Mar. 2026 was 円-2 Mil. Chubu Steel Plate Co's interest coverage for the quarter that ended in Mar. 2026 was 182.00. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Chubu Steel Plate Co Ltd has no debt.

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

NGO:5461' s Interest Coverage Range Over the Past 10 Years
Min: 102.89   Med: 611.3   Max: 2044.33
Current: 102.89


NGO:5461's Interest Coverage is ranked better than
87.94% of 456 companies
in the Steel industry
Industry Median: 4.445 vs NGO:5461: 102.89

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


Chubu Steel Plate Co  (NGO:5461) 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 .


Chubu Steel Plate Co Interest Coverage Related Terms


Chubu Steel Plate Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Chubu Steel Plate 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.

Chubu Steel Plate Co Interest Coverage Chart

Chubu Steel Plate 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 926.17 2,044.33 1,738.17 301.00 102.89

Chubu Steel Plate Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2,001.00 907.75 0.00 80.29 182.00

NGO:5461 vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Chubu Steel Plate 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.


Chubu Steel Plate Co Interest Coverage vs Steel Industry

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

* The bar in red indicates where Chubu Steel Plate Co's Interest Coverage falls into.


NGO:5461
75GF Score
Chubu Steel Plate Co Ltd NGO:5461
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Chubu Steel Plate 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.

Chubu Steel Plate 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, Chubu Steel Plate Co's Interest Expense was 円-9 Mil. Its Operating Income was 円926 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*926/-9
=102.89

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

Here, for the six months ended in Mar. 2026, Chubu Steel Plate Co's Interest Expense was 円-2 Mil. Its Operating Income was 円364 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*364/-2
=182.00

* 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 182.00 mean?
Chubu Steel Plate Co (NGO:5461) has a Interest Coverage of 182.00 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Chubu Steel Plate Co and its competitors. This is 70% below median its historical median of 611.30. Over the past decade, Chubu Steel Plate Co's Interest Coverage has ranged from 102.89 to 2,044.33. According to the industry distribution chart, Chubu Steel Plate Co ranks #55 out of 456 companies in the Steel industry, placing it in the top 12.1%.
Is Chubu Steel Plate Co's Interest Coverage too high?
Chubu Steel Plate Co's current Interest Coverage of 182.00 is 70% below median its 10-year median of 611.30. Over the past 10 years, this metric has ranged from a low of 102.89 to a high of 2,044.33. The Steel industry median Interest Coverage is 4.45. Chubu Steel Plate Co's value of 182.00 is 3994.5% above this industry median. Based on the distribution chart, Chubu Steel Plate Co ranks #55 out of 456 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Chubu Steel Plate Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Chubu Steel Plate Co's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Chubu Steel Plate Co ranks #55 out of 456 companies for Interest Coverage. This places Chubu Steel Plate Co in the top 12% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.45. Chubu Steel Plate Co's value of 182.00 is 3994.5% above this benchmark. Historically, Chubu Steel Plate Co's own Interest Coverage has ranged from 102.89 to 2,044.33 over the past decade. While the company's 10-year median is 611.30 vs. the industry median of 4.45, Chubu Steel Plate 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 456 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. Chubu Steel Plate Co's current Interest Coverage of 182.00 is 3994.5% 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 Chubu Steel Plate Co and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chubu Steel Plate Co's current Interest Coverage is 182.00, which is 70% below median its own 10-year median of 611.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chubu Steel Plate Co stock overvalued right now?
Chubu Steel Plate Co (NGO:5461) has a current Interest Coverage of 182.00. The stock's GF Value™ is 円1,962.34, compared to a current price of 円2,082.00 — trading 6.1% above its estimated fair value. The current Interest Coverage is 182.00, which is 70% below median its 10-year median of 611.30 and 3994.5% above the Steel industry median of 4.45. Chubu Steel Plate Co's overall GF Score™ is 75/100 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 Chubu Steel Plate Co (NGO:5461), the current Interest Coverage is 182.00 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 Chubu Steel Plate Co (NGO:5461) Overvalued in 2026?

Based on GuruFocus' analysis, Chubu Steel Plate Co stock appears to be overvalued. The current stock price of 円2,082.00 is trading 6.1% above its estimated GF Value™ of 円1,962.34.

Key valuation signals for NGO:5461:

  • Interest Coverage: 182.00 (70% below median its 10-year median of 611.30)
  • GF Value™: 円1,962.34 vs. price of 円2,082.00 (6.1% above fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 3994.5% above the Steel median (#55 of 456)

No single metric tells the full story. See the NGO:5461 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chubu Steel Plate Co Business Description

Other Exchanges 5461:Japan
Address 5-1 Ousudori, Nakagawa-ku, Nagoya, JPN, 454-8506
Chubu Steel Plate Co Ltd engages in the manufacture and sale of thick steel sheets and pieces, and the cutting of steel plates in Japan. The company's segment includes Steel-related business, Rental Business, Logistics business, and Engineering Business. The company generates the majority of its revenue from Steel-related business, which manufactures and sells thick steel plate products using electric furnaces.
75GF Score

Get the complete analysis for NGO:5461

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

円2,082.00
Price
円1,962.34
GF Value