Aichi Steel (NGO:5482) Interest Coverage: 15.81 (As of Mar. 2026) — 20% Below Median


NGO:5482 Aichi Steel Corp NGO:5482
76 GF Score
Price 円1,965.00
GF Value 円951.06
! 1 Warning Sign
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What is Aichi Steel Interest Coverage?

Aichi Steel NGO:5482 76 Interest Coverage is 15.81 as of Mar. 2026, which is 20% below its 10-year median of 19.81. GuruFocus rates NGO:5482 with a GF Score™ of 76/100 and a GF Value™ of 円951.06. The stock has 1 warning sign investors should review. Among 456 Steel companies, Aichi Steel ranks better than 76.54% 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. Aichi Steel's Operating Income for the three months ended in Mar. 2026 was 円2,941 Mil. Aichi Steel's Interest Expense for the three months ended in Mar. 2026 was 円-186 Mil. Aichi Steel's interest coverage for the quarter that ended in Mar. 2026 was 15.81. The higher the ratio, the stronger the company's financial strength is.

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

NGO:5482' s Interest Coverage Range Over the Past 10 Years
Min: 11.81   Med: 19.81   Max: 90.29
Current: 20.68


NGO:5482's Interest Coverage is ranked better than
76.54% of 456 companies
in the Steel industry
Industry Median: 4.445 vs NGO:5482: 20.68

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


Aichi Steel  (NGO:5482) 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 .


Aichi Steel Interest Coverage Related Terms


Aichi Steel Interest Coverage Historical Data

* Premium members only.

The historical data trend for Aichi Steel'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.

Aichi Steel Interest Coverage Chart

Aichi Steel 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 12.64 11.81 18.93 12.26 20.68

Aichi Steel 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 11.34 15.78 47.22 18.98 15.81

NGO:5482 vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Aichi Steel'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.


Aichi Steel Interest Coverage vs Steel Industry

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

* The bar in red indicates where Aichi Steel's Interest Coverage falls into.


NGO:5482
76GF Score
Aichi Steel Corp NGO:5482
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Aichi Steel 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.

Aichi Steel'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, Aichi Steel's Interest Expense was 円-840 Mil. Its Operating Income was 円17,372 Mil. And its Long-Term Debt & Capital Lease Obligation was 円23,065 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*17372/-840
=20.68

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

Here, for the three months ended in Mar. 2026, Aichi Steel's Interest Expense was 円-186 Mil. Its Operating Income was 円2,941 Mil. And its Long-Term Debt & Capital Lease Obligation was 円23,065 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2941/-186
=15.81

* 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 15.81 mean?
Aichi Steel (NGO:5482) has a Interest Coverage of 15.81 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Aichi Steel and its competitors. This is 20% below median its historical median of 19.81. Over the past decade, Aichi Steel's Interest Coverage has ranged from 11.81 to 90.29. According to the industry distribution chart, Aichi Steel ranks #107 out of 456 companies in the Steel industry, placing it in the top 23.5%.
Is Aichi Steel's Interest Coverage too high?
Aichi Steel's current Interest Coverage of 15.81 is 20% below median its 10-year median of 19.81. Over the past 10 years, this metric has ranged from a low of 11.81 to a high of 90.29. The Steel industry median Interest Coverage is 4.45. Aichi Steel's value of 15.81 is 255.7% above this industry median. Based on the distribution chart, Aichi Steel ranks #107 out of 456 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Aichi Steel has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Aichi Steel's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Aichi Steel ranks #107 out of 456 companies for Interest Coverage. This places Aichi Steel in the top 24% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.45. Aichi Steel's value of 15.81 is 255.7% above this benchmark. Historically, Aichi Steel's own Interest Coverage has ranged from 11.81 to 90.29 over the past decade. While the company's 10-year median is 19.81 vs. the industry median of 4.45, Aichi Steel 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. Aichi Steel's current Interest Coverage of 15.81 is 255.7% 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 Aichi Steel 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. Aichi Steel's current Interest Coverage is 15.81, which is 20% below median its own 10-year median of 19.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aichi Steel stock overvalued right now?
Aichi Steel (NGO:5482) has a current Interest Coverage of 15.81. The stock's GF Value™ is 円951.06, compared to a current price of 円1,965.00 — trading 106.6% above its estimated fair value. The current Interest Coverage is 15.81, which is 20% below median its 10-year median of 19.81 and 255.7% above the Steel industry median of 4.45. Aichi Steel's overall GF Score™ is 76/100 with 1 warning sign 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 Aichi Steel (NGO:5482), the current Interest Coverage is 15.81 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 Aichi Steel (NGO:5482) Overvalued in 2026?

Based on GuruFocus' analysis, Aichi Steel stock appears to be overvalued. The current stock price of 円1,965.00 is trading 106.6% above its estimated GF Value™ of 円951.06.

Key valuation signals for NGO:5482:

  • Interest Coverage: 15.81 (20% below median its 10-year median of 19.81)
  • GF Value™: 円951.06 vs. price of 円1,965.00 (106.6% above fair value)
  • GF Score™: 76/100 with 1 warning sign
  • Industry Position: 255.7% above the Steel median (#107 of 456)

No single metric tells the full story. See the NGO:5482 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aichi Steel Business Description

Other Exchanges 5482:Japan8T2:Germany
Address 1 Wanowari Araomachi, Aichi-ken, Tokai, JPN, 476-8666
Aichi Steel Corp is a Japan-based company that manufactures and sells steel, forged products and electro-magnetic products. The company operates through four segments. The steel segment manufactures and sells specialty steel, stainless steel, and titanium. The forged product segment produces a wide variety of forgings. The electromagnetic products segment manufactures electromagnetic components. The steel and forged products segments are the two biggest segments, representing the majority of Aichi Steel's sales. Aichi Steel is a member of Toyota Group. Toyota Motor and Toyota Tsusho are its major customers. The company generates most of its revenue from the Japanese domestic market.
76GF Score

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

円1,965.00
Price
円951.06
GF Value