Asahi-Seiki Manufacturing Co (NGO:6111) Interest Coverage: 10.26 (As of Mar. 2026) — 75% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGO:6111 Asahi-Seiki Manufacturing Co Ltd NGO:6111
55 GF Score
Price 円2,006.00
GF Value 円2,404.94
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Asahi-Seiki Manufacturing Co Interest Coverage?

Asahi-Seiki Manufacturing Co NGO:6111 -1.67% 55 Interest Coverage is 10.26 as of Mar. 2026, which is 75% below its 10-year median of 41.48. GuruFocus rates NGO:6111 with a GF Score™ of 55/100 and a GF Value™ of 円2,404.94 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,332 Industrial Products companies, Asahi-Seiki Manufacturing Co ranks worse than 86.88% 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. Asahi-Seiki Manufacturing Co's Operating Income for the three months ended in Mar. 2026 was 円187 Mil. Asahi-Seiki Manufacturing Co's Interest Expense for the three months ended in Mar. 2026 was 円-18 Mil. Asahi-Seiki Manufacturing Co's interest coverage for the quarter that ended in Mar. 2026 was 10.26. The higher the ratio, the stronger the company's financial strength is.

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

NGO:6111' s Interest Coverage Range Over the Past 10 Years
Min: 2.3   Med: 41.48   Max: 114.22
Current: 2.3


NGO:6111's Interest Coverage is ranked worse than
86.88% of 2332 companies
in the Industrial Products industry
Industry Median: 14.63 vs NGO:6111: 2.30

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


Asahi-Seiki Manufacturing Co  (NGO:6111) 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 .


Asahi-Seiki Manufacturing Co Interest Coverage Related Terms


Asahi-Seiki Manufacturing Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Asahi-Seiki Manufacturing 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.

Asahi-Seiki Manufacturing Co Interest Coverage Chart

Asahi-Seiki Manufacturing 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 41.48 36.25 0.00 0.00 2.30

Asahi-Seiki Manufacturing Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 N/A 3.90 0.00 0.00 10.26

NGO:6111 vs CRS, ATI, MLI: Interest Coverage Comparison

For the Metal Fabrication subindustry, Asahi-Seiki Manufacturing 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.


Asahi-Seiki Manufacturing Co Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Asahi-Seiki Manufacturing Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Asahi-Seiki Manufacturing Co's Interest Coverage falls into.


NGO:6111
55GF Score
Asahi-Seiki Manufacturing Co Ltd NGO:6111
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi-Seiki Manufacturing 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.

Asahi-Seiki Manufacturing 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, Asahi-Seiki Manufacturing Co's Interest Expense was 円-53 Mil. Its Operating Income was 円123 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,445 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*123.18/-53.484
=2.30

Asahi-Seiki Manufacturing Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Asahi-Seiki Manufacturing Co's Interest Expense was 円-18 Mil. Its Operating Income was 円187 Mil. And its Long-Term Debt & Capital Lease Obligation was 円2,445 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*187.022/-18.229
=10.26

* 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 10.26 mean?
Asahi-Seiki Manufacturing Co (NGO:6111) has a Interest Coverage of 10.26 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Asahi-Seiki Manufacturing Co and its competitors. This is 75% below median its historical median of 41.48. Over the past decade, Asahi-Seiki Manufacturing Co's Interest Coverage has ranged from 2.30 to 114.22. According to the industry distribution chart, Asahi-Seiki Manufacturing Co ranks #2026 out of 2332 companies in the Industrial Products industry, placing it in the top 86.9%.
Is Asahi-Seiki Manufacturing Co's Interest Coverage too high?
Asahi-Seiki Manufacturing Co's current Interest Coverage of 10.26 is 75% below median its 10-year median of 41.48. Over the past 10 years, this metric has ranged from a low of 2.30 to a high of 114.22. The Industrial Products industry median Interest Coverage is 14.63. Asahi-Seiki Manufacturing Co's value of 10.26 is 29.9% below this industry median. Based on the distribution chart, Asahi-Seiki Manufacturing Co ranks #2026 out of 2332 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Asahi-Seiki Manufacturing Co has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asahi-Seiki Manufacturing Co's Interest Coverage compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Asahi-Seiki Manufacturing Co ranks #2026 out of 2332 companies for Interest Coverage. This places Asahi-Seiki Manufacturing Co in the lower half of its industry. The industry median Interest Coverage is 14.63. Asahi-Seiki Manufacturing Co's value of 10.26 is 29.9% below this benchmark. Historically, Asahi-Seiki Manufacturing Co's own Interest Coverage has ranged from 2.30 to 114.22 over the past decade. While the company's 10-year median is 41.48 vs. the industry median of 14.63, Asahi-Seiki Manufacturing Co has consistently been below 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.63, based on 2,332 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. Asahi-Seiki Manufacturing Co's current Interest Coverage of 10.26 is 29.9% below 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 Asahi-Seiki Manufacturing Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi-Seiki Manufacturing Co's current Interest Coverage is 10.26, which is 75% below median its own 10-year median of 41.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi-Seiki Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Asahi-Seiki Manufacturing Co (NGO:6111) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,404.94, compared to a current price of 円2,006.00 — trading 16.6% below its estimated fair value. The current Interest Coverage is 10.26, which is 75% below median its 10-year median of 41.48 and 29.9% below the Industrial Products industry median of 14.63. Asahi-Seiki Manufacturing Co's overall GF Score™ is 55/100 with 3 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 Asahi-Seiki Manufacturing Co (NGO:6111), the current Interest Coverage is 10.26 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 Asahi-Seiki Manufacturing Co (NGO:6111) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi-Seiki Manufacturing Co stock appears to be undervalued. The current stock price of 円2,006.00 is trading 16.6% below its estimated GF Value™ of 円2,404.94. GuruFocus considers Asahi-Seiki Manufacturing Co to be Modestly Undervalued.

Key valuation signals for NGO:6111:

  • Interest Coverage: 10.26 (75% below median its 10-year median of 41.48)
  • GF Value™: 円2,404.94 vs. price of 円2,006.00 (16.6% below fair value)
  • GF Score™: 55/100 with 3 warning signs
  • Industry Position: 29.9% below the Industrial Products median (#2026 of 2332)

No single metric tells the full story. See the NGO:6111 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi-Seiki Manufacturing Co Business Description

Address 5050-1, Shindenhora, Asahimae-cho, Owariasahi-shi, Aichi, JPN, 488-8655
Asahi-Seiki Manufacturing Co Ltd is a Japan-based company that engages in the manufacture and sale of precision metal products, press machines, and spring forming machines. The company's segment includes the Precision Machining Division and the Mechanical Division. The company generates the majority of its revenue from the Precision Machining Division. The Precision Machining Division manufactures and sells precision metal products and small-caliber bullets.
55GF Score

Get the complete analysis for NGO:6111

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

円2,006.00
Price
円2,404.94
GF Value