NHKGF (NHK Spring Co) Interest Coverage: 78.19 (As of Mar. 2026) — 20% Below Median


NHKGF NHK Spring Co Ltd NHKGF
78 GF Score
Price $24.51
GF Value $11.30
Valuation Significantly Overvalued
! 6 Warning Signs
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What is NHK Spring Co Interest Coverage?

NHK Spring Co NHKGF 78 Interest Coverage is 78.19 as of Mar. 2026, which is 20% below its 10-year median of 98.23. GuruFocus rates NHKGF with a GF Score™ of 78/100 and a GF Value™ of $11.30 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,066 Vehicles & Parts companies, NHK Spring Co ranks better than 85.37% 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. NHK Spring Co's Operating Income for the three months ended in Mar. 2026 was $91 Mil. NHK Spring Co's Interest Expense for the three months ended in Mar. 2026 was $-1 Mil. NHK Spring Co's interest coverage for the quarter that ended in Mar. 2026 was 78.19. The higher the ratio, the stronger the company's financial strength is.

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

NHKGF' s Interest Coverage Range Over the Past 10 Years
Min: 31.42   Med: 98.23   Max: 220.73
Current: 74.81


NHKGF's Interest Coverage is ranked better than
85.37% of 1066 companies
in the Vehicles & Parts industry
Industry Median: 8.295 vs NHKGF: 74.81

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


NHK Spring Co  (OTCPK:NHKGF) 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 .


NHK Spring Co Interest Coverage Related Terms


NHK Spring Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for NHK Spring 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.

NHK Spring Co Interest Coverage Chart

NHK Spring 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 60.86 110.92 188.35 135.48 74.81

NHK Spring Co 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 159.67 67.36 424.71 0.00 78.19

NHKGF vs ORLY, AZO: Interest Coverage Comparison

For the Auto Parts subindustry, NHK Spring 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.


NHK Spring Co Interest Coverage vs Vehicles & Parts Industry

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

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


NHKGF
78GF Score
NHK Spring Co Ltd NHKGF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NHK Spring 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.

NHK Spring 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, NHK Spring Co's Interest Expense was $-4 Mil. Its Operating Income was $289 Mil. And its Long-Term Debt & Capital Lease Obligation was $169 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*288.525/-3.857
=74.81

NHK Spring Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, NHK Spring Co's Interest Expense was $-1 Mil. Its Operating Income was $91 Mil. And its Long-Term Debt & Capital Lease Obligation was $169 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*90.703/-1.16
=78.19

* 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 78.19 mean?
NHK Spring Co (NHKGF) has a Interest Coverage of 78.19 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on NHK Spring Co and its competitors. This is 20% below median its historical median of 98.23. Over the past decade, NHK Spring Co's Interest Coverage has ranged from 31.42 to 220.73. According to the industry distribution chart, NHK Spring Co ranks #156 out of 1066 companies in the Vehicles & Parts industry, placing it in the top 14.6%.
Is NHK Spring Co's Interest Coverage too high?
NHK Spring Co's current Interest Coverage of 78.19 is 20% below median its 10-year median of 98.23. Over the past 10 years, this metric has ranged from a low of 31.42 to a high of 220.73. The Vehicles & Parts industry median Interest Coverage is 8.30. NHK Spring Co's value of 78.19 is 842.6% above this industry median. Based on the distribution chart, NHK Spring Co ranks #156 out of 1066 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, NHK Spring Co has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NHK Spring Co's Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, NHK Spring Co ranks #156 out of 1066 companies for Interest Coverage. This places NHK Spring Co in the top 15% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 8.30. NHK Spring Co's value of 78.19 is 842.6% above this benchmark. Historically, NHK Spring Co's own Interest Coverage has ranged from 31.42 to 220.73 over the past decade. While the company's 10-year median is 98.23 vs. the industry median of 8.30, NHK Spring 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. NHK Spring Co's current Interest Coverage of 78.19 is 842.6% 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 NHK Spring 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. NHK Spring Co's current Interest Coverage is 78.19, which is 20% below median its own 10-year median of 98.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NHK Spring Co stock overvalued right now?
Based on GuruFocus' analysis, NHK Spring Co (NHKGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.30, compared to a current price of $24.51 — trading 116.9% above its estimated fair value. The current Interest Coverage is 78.19, which is 20% below median its 10-year median of 98.23 and 842.6% above the Vehicles & Parts industry median of 8.30. NHK Spring Co's overall GF Score™ is 78/100 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 NHK Spring Co (NHKGF), the current Interest Coverage is 78.19 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 NHK Spring Co (NHKGF) Overvalued in 2026?

Based on GuruFocus' analysis, NHK Spring Co stock appears to be overvalued. The current stock price of $24.51 is trading 116.9% above its estimated GF Value™ of $11.30. GuruFocus considers NHK Spring Co to be Significantly Overvalued.

Key valuation signals for NHKGF:

  • Interest Coverage: 78.19 (20% below median its 10-year median of 98.23)
  • GF Value™: $11.30 vs. price of $24.51 (116.9% above fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 842.6% above the Vehicles & Parts median (#156 of 1066)

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


NHK Spring Co Business Description

Other Exchanges 5991:Japan
Address 3-10 Fukuura, Kanazawa-ku, Yokohama, JPN, 236-0004
NHK Spring Co Ltd is a Japanese manufacturer of suspension springs for automobiles and precision springs used in hard disk drive components. The company operates through five segments. The Disc drive suspension (DDS) segment covers disc drive suspension products. The Industrial Equipment segment includes semiconductor process parts, ceramic products, spring mechanisms, piping support devices, parking devices, and other equipment. The Precision Parts segment handles HDD components, wire, and thin plate springs, motor cores, probe units, fasteners, and other precision products. The Sheet segment provides automobile seats, seat mechanisms, and interior parts, while the Suspension Spring segment offers coil springs, leaf springs, stabilizers, accumulators, torsion bars, and related components.
78GF Score

Get the complete analysis for NHKGF

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

$24.51
Price
$11.30
GF Value