Onward Holdings CoOKASY 76 Interest Coverage is 14.44 as of Feb. 2026, which is 0% above its 10-year median of 14.38. GuruFocus rates OKASY with a GF Score™ of 76/100 and a GF Value™ of $47.86. The stock has 2 warning signs investors should review. Among 743 Manufacturing - Apparel & Accessories companies, Onward Holdings Co ranks better than 74.43% 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. Onward Holdings Co's
Operating Income
for the
three
months ended in Feb. 2026 was $13 Mil. Onward Holdings Co's Interest Expense for the
three
months ended in Feb. 2026 was $-1 Mil.
Onward Holdings Co's interest coverage for the quarter that ended in Feb. 2026 was 14.44.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Onward Holdings Co's Interest Coverage or its related term are showing as below:
OKASY'
s Interest Coverage Range Over the Past 10 Years
Min: 10.54 Med: 14.38 Max: 24.53
Current: 21.98
OKASY's Interest Coverage is ranked better than 74.43% of 743
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43
vs OKASY: 21.98
Onward Holdings Co (OTCPK:OKASY) 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 .
Onward Holdings Co Interest Coverage Related Terms
Onward Holdings Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Onward Holdings 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.
OKASY vs RL, LEVI, VFC: Interest Coverage Comparison
For the Apparel Manufacturing subindustry, Onward Holdings 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.
Onward Holdings Co Interest Coverage vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Onward Holdings Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Onward Holdings 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.
Onward Holdings Co (OKASY) has a Interest Coverage of 14.44 as of Feb. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Onward Holdings Co and its competitors. This is near median its historical median of 14.38. Over the past decade, Onward Holdings Co's Interest Coverage has ranged from 10.54 to 24.53. According to the industry distribution chart, Onward Holdings Co ranks #190 out of 743 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 25.6%.
Is Onward Holdings Co's Interest Coverage too high?
Onward Holdings Co's current Interest Coverage of 14.44 is near median its 10-year median of 14.38. Over the past 10 years, this metric has ranged from a low of 10.54 to a high of 24.53. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.43. Onward Holdings Co's value of 14.44 is 165.9% above this industry median. Based on the distribution chart, Onward Holdings Co ranks #190 out of 743 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Onward Holdings Co has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does Onward Holdings Co's Interest Coverage compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Onward Holdings Co ranks #190 out of 743 companies for Interest Coverage. This puts Onward Holdings Co in the upper half of its industry. The industry median Interest Coverage is 5.43. Onward Holdings Co's value of 14.44 is 165.9% above this benchmark. Historically, Onward Holdings Co's own Interest Coverage has ranged from 10.54 to 24.53 over the past decade. While the company's 10-year median is 14.38 vs. the industry median of 5.43, Onward Holdings 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.43, based on 743 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. Onward Holdings Co's current Interest Coverage of 14.44 is 165.9% 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 Onward Holdings Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onward Holdings Co's current Interest Coverage is 14.44, which is near median its own 10-year median of 14.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onward Holdings Co stock overvalued right now?
Onward Holdings Co (OKASY) has a current Interest Coverage of 14.44. The stock's GF Value™ is $47.86, compared to a current price of $50.00 — trading 4.5% above its estimated fair value. The current Interest Coverage is 14.44, which is near median its 10-year median of 14.38 and 165.9% above the Manufacturing - Apparel & Accessories industry median of 5.43. Onward Holdings Co's overall GF Score™ is 76/100 with 2 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 Onward Holdings Co (OKASY), the current Interest Coverage is 14.44 as of Feb. 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 Onward Holdings Co (OKASY) Overvalued in 2026?
Based on GuruFocus' analysis, Onward Holdings Co stock appears to be overvalued.
The current stock price of $50.00 is trading 4.5% above its estimated GF Value™ of $47.86.
Key valuation signals for OKASY:
Interest Coverage: 14.44 (near median its 10-year median of 14.38)
GF Value™: $47.86 vs. price of $50.00 (4.5% above fair value)
Industry Position: 165.9% above the Manufacturing - Apparel & Accessories median (#190 of 743)
No single metric tells the full story. See the OKASY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Onward Holdings Co Ltd manufactures and sells clothing, shoes, uniforms, bags, and other items. Women's clothing sales account for the majority of Onward's apparel revenue. The company's core brands include Nijyusanku, Kumikyoku, ICB, Jiyuku, J.Press, and Gotairiku. More than three-fourths of Onward's sales are through department stores. Remaining sales are through other retailers, directly managed stores, and e-commerce. More than three-fourths of Onward's sales are in Japan, and the majority of the company's remaining sales are in Europe. The company manufactures its products mainly in China.
76GF Score
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