NKOKF (Noritsu Koki Co) Interest Coverage: 29.18 (As of Mar. 2026) — 105% Above Median


NKOKF Noritsu Koki Co Ltd NKOKF
94 GF Score
Price $12.45
GF Value $11.99
Valuation Fairly Valued
! 5 Warning Signs
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What is Noritsu Koki Co Interest Coverage?

Noritsu Koki Co NKOKF 94 Interest Coverage is 29.18 as of Mar. 2026, which is 105% above its 10-year median of 14.21. GuruFocus rates NKOKF with a GF Score™ of 94/100 and a GF Value™ of $11.99 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,672 Hardware companies, Noritsu Koki Co ranks better than 69.02% 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. Noritsu Koki Co's Operating Income for the three months ended in Mar. 2026 was $53.1 Mil. Noritsu Koki Co's Interest Expense for the three months ended in Mar. 2026 was $-1.8 Mil. Noritsu Koki Co's interest coverage for the quarter that ended in Mar. 2026 was 29.18. The higher the ratio, the stronger the company's financial strength is.

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

NKOKF' s Interest Coverage Range Over the Past 10 Years
Min: 0.7   Med: 14.21   Max: 50.68
Current: 41.43


NKOKF's Interest Coverage is ranked better than
69.02% of 1672 companies
in the Hardware industry
Industry Median: 13.73 vs NKOKF: 41.43

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


Noritsu Koki Co  (OTCPK:NKOKF) 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 .


Noritsu Koki Co Interest Coverage Related Terms


Noritsu Koki Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Noritsu Koki 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.

Noritsu Koki Co Interest Coverage Chart

Noritsu Koki Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.96 0.70 25.83 50.67 42.24

Noritsu Koki 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 23.96 167.77 46.07 24.40 29.18

NKOKF vs AAPL: Interest Coverage Comparison

For the Consumer Electronics subindustry, Noritsu Koki 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.


Noritsu Koki Co Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Noritsu Koki Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Noritsu Koki Co's Interest Coverage falls into.


NKOKF
94GF Score
Noritsu Koki Co Ltd NKOKF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Noritsu Koki 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.

Noritsu Koki Co's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Noritsu Koki Co's Interest Expense was $-3.2 Mil. Its Operating Income was $133.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $114.7 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*133.554/-3.162
=42.24

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

Here, for the three months ended in Mar. 2026, Noritsu Koki Co's Interest Expense was $-1.8 Mil. Its Operating Income was $53.1 Mil. And its Long-Term Debt & Capital Lease Obligation was $113.7 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*53.131/-1.821
=29.18

* 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 29.18 mean?
Noritsu Koki Co (NKOKF) has a Interest Coverage of 29.18 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Noritsu Koki Co and its competitors. This is 105% above median its historical median of 14.21. Over the past decade, Noritsu Koki Co's Interest Coverage has ranged from 0.70 to 50.68. According to the industry distribution chart, Noritsu Koki Co ranks #518 out of 1672 companies in the Hardware industry, placing it in the top 31%.
Is Noritsu Koki Co's Interest Coverage too high?
Noritsu Koki Co's current Interest Coverage of 29.18 is 105% above median its 10-year median of 14.21. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 50.68. The Hardware industry median Interest Coverage is 13.73. Noritsu Koki Co's value of 29.18 is 112.5% above this industry median. Based on the distribution chart, Noritsu Koki Co ranks #518 out of 1672 companies in the Hardware industry, which is above the industry midpoint. Overall, Noritsu Koki Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Noritsu Koki Co's Interest Coverage compare to AAPL?
According to the Hardware industry distribution chart, Noritsu Koki Co ranks #518 out of 1672 companies for Interest Coverage. This puts Noritsu Koki Co in the upper half of its industry. The industry median Interest Coverage is 13.73. Noritsu Koki Co's value of 29.18 is 112.5% above this benchmark. Historically, Noritsu Koki Co's own Interest Coverage has ranged from 0.70 to 50.68 over the past decade. While the company's 10-year median is 14.21 vs. the industry median of 13.73, Noritsu Koki 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.73, based on 1,672 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. Noritsu Koki Co's current Interest Coverage of 29.18 is 112.5% 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 Noritsu Koki Co and its competitors. For the Hardware industry, the median Interest Coverage is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noritsu Koki Co's current Interest Coverage is 29.18, which is 105% above median its own 10-year median of 14.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noritsu Koki Co stock overvalued right now?
Based on GuruFocus' analysis, Noritsu Koki Co (NKOKF) is currently considered Fairly Valued. The stock's GF Value™ is $11.99, compared to a current price of $12.45 — trading 3.8% above its estimated fair value. The current Interest Coverage is 29.18, which is 105% above median its 10-year median of 14.21 and 112.5% above the Hardware industry median of 13.73. Noritsu Koki Co's overall GF Score™ is 94/100 with 5 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 Noritsu Koki Co (NKOKF), the current Interest Coverage is 29.18 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 Noritsu Koki Co (NKOKF) Overvalued in 2026?

Based on GuruFocus' analysis, Noritsu Koki Co stock appears to be overvalued. The current stock price of $12.45 is trading 3.8% above its estimated GF Value™ of $11.99. GuruFocus considers Noritsu Koki Co to be Fairly Valued.

Key valuation signals for NKOKF:

  • Interest Coverage: 29.18 (105% above median its 10-year median of 14.21)
  • GF Value™: $11.99 vs. price of $12.45 (3.8% above fair value)
  • GF Score™: 94/100 with 5 warning signs
  • Industry Position: 112.5% above the Hardware median (#518 of 1672)

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


Noritsu Koki Co Business Description

Other Exchanges 7744:Japan
Address Azabu Juban 1-10-10 Joule A, 5th Floor, Minato-ku, Tokyo, JPN, 106-0045
Noritsu Koki Co Ltd is a Japan-based company engaged in the development of the Automatic Photographic Paper Washing Machine. The company has developed and manufactured various photographic processing equipment and expanded its business globally. The Group mainly engages in manufacturing (parts and materials) and manufacturing (audioequipment-related) businesses utilizing globally competitive technologies. The company has two operating segments, which include Manufacturing (parts and materials) and Manufacturing (Audio Equipment Related).
94GF Score

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

$12.45
Price
$11.99
GF Value