NPSGY (Nippon Sheet Glass Co) Interest Coverage: 1.19 (As of Mar. 2026) — 16% Below Median


NPSGY Nippon Sheet Glass Co Ltd NPSGY
58 GF Score
Price $2.85
GF Value $1.95
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Nippon Sheet Glass Co Interest Coverage?

Nippon Sheet Glass Co NPSGY -5.00% 58 Interest Coverage is 1.19 as of Mar. 2026, which is 16% below its 10-year median of 1.41. GuruFocus rates NPSGY with a GF Score™ of 58/100 and a GF Value™ of $1.95 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 1,066 Vehicles & Parts companies, Nippon Sheet Glass Co ranks worse than 94.56% 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. Nippon Sheet Glass Co's Operating Income for the three months ended in Mar. 2026 was $65 Mil. Nippon Sheet Glass Co's Interest Expense for the three months ended in Mar. 2026 was $-55 Mil. Nippon Sheet Glass Co's interest coverage for the quarter that ended in Mar. 2026 was 1.19. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Nippon Sheet Glass Co Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

NPSGY' s Interest Coverage Range Over the Past 10 Years
Min: 0.57   Med: 1.41   Max: 2.39
Current: 0.87


NPSGY's Interest Coverage is ranked worse than
94.56% of 1066 companies
in the Vehicles & Parts industry
Industry Median: 8.295 vs NPSGY: 0.87

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


Nippon Sheet Glass Co  (OTCPK:NPSGY) 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 .


Nippon Sheet Glass Co Interest Coverage Related Terms


Nippon Sheet Glass Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nippon Sheet Glass 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.

Nippon Sheet Glass Co Interest Coverage Chart

Nippon Sheet Glass 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 1.37 1.54 0.92 0.57 0.87

Nippon Sheet Glass 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 0.76 0.86 0.65 0.77 1.19

NPSGY vs ORLY, AZO: Interest Coverage Comparison

For the Auto Parts subindustry, Nippon Sheet Glass 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.


Nippon Sheet Glass Co Interest Coverage vs Vehicles & Parts Industry

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

* The bar in red indicates where Nippon Sheet Glass Co's Interest Coverage falls into.


NPSGY
58GF Score
Nippon Sheet Glass Co Ltd NPSGY
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Sheet Glass 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.

Nippon Sheet Glass 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, Nippon Sheet Glass Co's Interest Expense was $-208 Mil. Its Operating Income was $182 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,508 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*181.601/-207.748
=0.87

Nippon Sheet Glass Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Nippon Sheet Glass Co's Interest Expense was $-55 Mil. Its Operating Income was $65 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,508 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*64.947/-54.631
=1.19

* 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 1.19 mean?
Nippon Sheet Glass Co (NPSGY) has a Interest Coverage of 1.19 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nippon Sheet Glass Co and its competitors. This is 16% below median its historical median of 1.41. Over the past decade, Nippon Sheet Glass Co's Interest Coverage has ranged from 0.57 to 2.39. According to the industry distribution chart, Nippon Sheet Glass Co ranks #1008 out of 1066 companies in the Vehicles & Parts industry, placing it in the top 94.6%.
Is Nippon Sheet Glass Co's Interest Coverage too high?
Nippon Sheet Glass Co's current Interest Coverage of 1.19 is 16% below median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 2.39. The Vehicles & Parts industry median Interest Coverage is 8.30. Nippon Sheet Glass Co's value of 1.19 is 85.7% below this industry median. Based on the distribution chart, Nippon Sheet Glass Co ranks #1008 out of 1066 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Nippon Sheet Glass Co has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Sheet Glass Co's Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nippon Sheet Glass Co ranks #1008 out of 1066 companies for Interest Coverage. This places Nippon Sheet Glass Co in the lower half of its industry. The industry median Interest Coverage is 8.30. Nippon Sheet Glass Co's value of 1.19 is 85.7% below this benchmark. Historically, Nippon Sheet Glass Co's own Interest Coverage has ranged from 0.57 to 2.39 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 8.30, Nippon Sheet Glass 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 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. Nippon Sheet Glass Co's current Interest Coverage of 1.19 is 85.7% 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 Nippon Sheet Glass 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. Nippon Sheet Glass Co's current Interest Coverage is 1.19, which is 16% below median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Sheet Glass Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Sheet Glass Co (NPSGY) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.95, compared to a current price of $2.85 — trading 46.2% above its estimated fair value. The current Interest Coverage is 1.19, which is 16% below median its 10-year median of 1.41 and 85.7% below the Vehicles & Parts industry median of 8.30. Nippon Sheet Glass Co's overall GF Score™ is 58/100 with 11 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 Nippon Sheet Glass Co (NPSGY), the current Interest Coverage is 1.19 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 Nippon Sheet Glass Co (NPSGY) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Sheet Glass Co stock appears to be overvalued. The current stock price of $2.85 is trading 46.2% above its estimated GF Value™ of $1.95. GuruFocus considers Nippon Sheet Glass Co to be Significantly Overvalued.

Key valuation signals for NPSGY:

  • Interest Coverage: 1.19 (16% below median its 10-year median of 1.41)
  • GF Value™: $1.95 vs. price of $2.85 (46.2% above fair value)
  • GF Score™: 58/100 with 11 warning signs
  • Industry Position: 85.7% below the Vehicles & Parts median (#1008 of 1066)

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


Nippon Sheet Glass Co Business Description

Other Exchanges 5202:JapanNI9:Germany
Address Sumitomo Fudosan Mita Twin Building West Wing, 5-27, Mita 3-chome, Minato-Ku, Tokyo, JPN, 108-6321
Nippon Sheet Glass Co Ltd manufactures glass and glazing products for many industries. The architectural segment, which accounts for roughly 40% of the company's total revenue, sells flat glass and glazing products to commercial and residential markets and the solar energy sector. The automotive segment, which accounts for roughly half of the company's total revenue, supplies a wide range of automotive glazing to vehicle manufacturers for new vehicles and replacement markets. The technical glass segment sells thin glass and glass fiber products for small displays, lenses, printers, and engine timing belts. Nippon sells its products worldwide, with more than a third of its sales in Europe, roughly a third in Japan and the rest of Asia, and the remaining sales in the Americas.
58GF Score

Get the complete analysis for NPSGY

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

$2.85
Price
$1.95
GF Value