Nichiban CoNHBAF 73 Interest Coverage is 46.58 as of Mar. 2026, which is 30% below its 10-year median of 66.28. GuruFocus rates NHBAF with a GF Score™ of 73/100 and a GF Value™ of $13.89. The stock has 4 warning signs investors should review. Among 2,325 Industrial Products companies, Nichiban Co ranks better than 72.99% 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. Nichiban Co's
Operating Income
for the
three
months ended in Mar. 2026 was $3.2 Mil. Nichiban Co's Interest Expense for the
three
months ended in Mar. 2026 was $-0.1 Mil.
Nichiban Co's interest coverage for the quarter that ended in Mar. 2026 was 46.58.
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. Nichiban Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Nichiban Co's Interest Coverage or its related term are showing as below:
NHBAF'
s Interest Coverage Range Over the Past 10 Years
Min: 43.49 Med: 66.28 Max: 94.02
Current: 51.61
NHBAF's Interest Coverage is ranked better than 72.99% of 2325
companies
in the Industrial Products industry
Industry Median: 14.87
vs NHBAF: 51.61
Nichiban Co (OTCPK:NHBAF) 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 .
Nichiban Co Interest Coverage Related Terms
Nichiban Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Nichiban 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.
Nichiban Co Interest Coverage Competitor Comparison
For the Business Equipment & Supplies subindustry, Nichiban 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.
Nichiban Co Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nichiban Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Nichiban 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.
Nichiban Co (NHBAF) has a Interest Coverage of 46.58 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nichiban Co and its competitors. This is 30% below median its historical median of 66.28. Over the past decade, Nichiban Co's Interest Coverage has ranged from 43.49 to 94.02. According to the industry distribution chart, Nichiban Co ranks #628 out of 2325 companies in the Industrial Products industry, placing it in the top 27%.
Is Nichiban Co's Interest Coverage too high?
Nichiban Co's current Interest Coverage of 46.58 is 30% below median its 10-year median of 66.28. Over the past 10 years, this metric has ranged from a low of 43.49 to a high of 94.02. The Industrial Products industry median Interest Coverage is 14.87. Nichiban Co's value of 46.58 is 213.2% above this industry median. Based on the distribution chart, Nichiban Co ranks #628 out of 2325 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nichiban Co has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Nichiban Co's Interest Coverage compare to competitors?
According to the Industrial Products industry distribution chart, Nichiban Co ranks #628 out of 2325 companies for Interest Coverage. This puts Nichiban Co in the upper half of its industry. The industry median Interest Coverage is 14.87. Nichiban Co's value of 46.58 is 213.2% above this benchmark. Historically, Nichiban Co's own Interest Coverage has ranged from 43.49 to 94.02 over the past decade. While the company's 10-year median is 66.28 vs. the industry median of 14.87, Nichiban 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.87, based on 2,325 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. Nichiban Co's current Interest Coverage of 46.58 is 213.2% 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 Nichiban Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nichiban Co's current Interest Coverage is 46.58, which is 30% below median its own 10-year median of 66.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nichiban Co stock overvalued right now?
Nichiban Co (NHBAF) has a current Interest Coverage of 46.58. The stock's GF Value™ is $13.89, compared to a current price of $12.70 — trading 8.6% below its estimated fair value. The current Interest Coverage is 46.58, which is 30% below median its 10-year median of 66.28 and 213.2% above the Industrial Products industry median of 14.87. Nichiban Co's overall GF Score™ is 73/100 with 4 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 Nichiban Co (NHBAF), the current Interest Coverage is 46.58 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 Nichiban Co (NHBAF) Overvalued in 2026?
Based on GuruFocus' analysis, Nichiban Co stock appears to be undervalued.
The current stock price of $12.70 is trading 8.6% below its estimated GF Value™ of $13.89.
Key valuation signals for NHBAF:
Interest Coverage: 46.58 (30% below median its 10-year median of 66.28)
GF Value™: $13.89 vs. price of $12.70 (8.6% below fair value)
Industry Position: 213.2% above the Industrial Products median (#628 of 2325)
No single metric tells the full story. See the NHBAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nichiban Co Ltd is a Japan based company engaged in the business of manufacturing and selling products in the field of medical supplies, healthcare, industrial products and industrial products. It offers hemostatic solutions, wound care dressing and surgical tapes, industrial products for manufacturing and distribution and automotive industry, stationery products, TDS pharmaceutical pain relief plaster and foot care products, sports medical battlewin taping tape and first aid bandage.
73GF Score
Get the complete analysis for NHBAF
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NHBAF has been successfully added to your 
