NOF (NOFCF) Interest Coverage: 338.67 (As of Mar. 2026) — Near Median

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NOFCF NOF Corp NOFCF
89 GF Score
Price $17.86
GF Value $19.18
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What is NOF Interest Coverage?

NOF NOFCF 89 Interest Coverage is 338.67 as of Mar. 2026, which is 4% below its 10-year median of 351.60. GuruFocus rates NOFCF with a GF Score™ of 89/100 and a GF Value™ of $19.18. Among 1,233 Chemicals companies, NOF ranks better than 91.73% 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. NOF's Operating Income for the three months ended in Mar. 2026 was $98 Mil. NOF's Interest Expense for the three months ended in Mar. 2026 was $-0 Mil. NOF's interest coverage for the quarter that ended in Mar. 2026 was 338.67. 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. NOF Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

NOFCF' s Interest Coverage Range Over the Past 10 Years
Min: 322.7   Med: 351.6   Max: 593.25
Current: 326.97


NOFCF's Interest Coverage is ranked better than
91.73% of 1233 companies
in the Chemicals industry
Industry Median: 10.13 vs NOFCF: 326.97

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


NOF  (OTCPK:NOFCF) 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 .


NOF Interest Coverage Related Terms


NOF Interest Coverage Historical Data

* Premium members only.

The historical data trend for NOF'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.

NOF Interest Coverage Chart

NOF 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 593.25 507.40 326.70 330.75 326.89

NOF 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 227.17 473.97 204.54 360.27 338.67

NOFCF vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, NOF'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.


NOF Interest Coverage vs Chemicals Industry

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

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


NOFCF
89GF Score
NOF Corp NOFCF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NOF 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.

NOF'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, NOF's Interest Expense was $-1 Mil. Its Operating Income was $299 Mil. And its Long-Term Debt & Capital Lease Obligation was $16 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*298.779/-0.914
=326.89

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

Here, for the three months ended in Mar. 2026, NOF's Interest Expense was $-0 Mil. Its Operating Income was $98 Mil. And its Long-Term Debt & Capital Lease Obligation was $16 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*98.215/-0.29
=338.67

* 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 338.67 mean?
NOF (NOFCF) has a Interest Coverage of 338.67 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on NOF and its competitors. This is near median its historical median of 351.60. Over the past decade, NOF's Interest Coverage has ranged from 322.70 to 593.25. According to the industry distribution chart, NOF ranks #102 out of 1233 companies in the Chemicals industry, placing it in the top 8.3%.
Is NOF's Interest Coverage too high?
NOF's current Interest Coverage of 338.67 is near median its 10-year median of 351.60. Over the past 10 years, this metric has ranged from a low of 322.70 to a high of 593.25. The Chemicals industry median Interest Coverage is 10.13. NOF's value of 338.67 is 3243.2% above this industry median. Based on the distribution chart, NOF ranks #102 out of 1233 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, NOF has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does NOF's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, NOF ranks #102 out of 1233 companies for Interest Coverage. This places NOF in the top 8% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.13. NOF's value of 338.67 is 3243.2% above this benchmark. Historically, NOF's own Interest Coverage has ranged from 322.70 to 593.25 over the past decade. While the company's 10-year median is 351.60 vs. the industry median of 10.13, NOF 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.13, based on 1,233 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. NOF's current Interest Coverage of 338.67 is 3243.2% 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 NOF and its competitors. For the Chemicals industry, the median Interest Coverage is 10.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NOF's current Interest Coverage is 338.67, which is near median its own 10-year median of 351.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOF stock overvalued right now?
NOF (NOFCF) has a current Interest Coverage of 338.67. The stock's GF Value™ is $19.18, compared to a current price of $17.86 — trading 6.9% below its estimated fair value. The current Interest Coverage is 338.67, which is near median its 10-year median of 351.60 and 3243.2% above the Chemicals industry median of 10.13. NOF's overall GF Score™ is 89/100. 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 NOF (NOFCF), the current Interest Coverage is 338.67 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 NOF (NOFCF) Overvalued in 2026?

Based on GuruFocus' analysis, NOF stock appears to be undervalued. The current stock price of $17.86 is trading 6.9% below its estimated GF Value™ of $19.18.

Key valuation signals for NOFCF:

  • Interest Coverage: 338.67 (near median its 10-year median of 351.60)
  • GF Value™: $19.18 vs. price of $17.86 (6.9% below fair value)
  • GF Score™: 89/100
  • Industry Position: 3243.2% above the Chemicals median (#102 of 1233)

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


NOF Business Description

Other Exchanges 4403:Japan
Address 20-3 Ebisu 4-chome, Ebisu Garden Place Tower, Shibuya-ku, Tokyo, JPN, 150-6012
NOF Corp is engaged in the chemical manufacturing business. The Group has three reportable segments: Functional Chemicals Business, Pharmaceuticals, Medical and Healthcare Business, & Chemicals Business. The Functional Chemicals segment manufactures and sells fatty acids, surfactants, ethylene oxide/propylene oxide derivatives, organic peroxides, petrochemicals, functional polymers, electronic materials, and special rust prevention agents. The Pharmaceuticals, Medical and Healthcare segment produces pharmaceutical and functional food ingredients, health-related products, biocompatible materials, and raw materials for DDS pharmaceutical formulations. The Chemicals segment manufactures and sells industrial explosives, space-related products, defense-related products, and functional products.
89GF Score

Get the complete analysis for NOFCF

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

$17.86
Price
$19.18
GF Value