OKIEY (Oki Electric Industry Co) Interest Coverage: 23.98 (As of Mar. 2026) — 232% Above Median


OKIEY Oki Electric Industry Co Ltd OKIEY
59 GF Score
Price $21.18
GF Value $7.21
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Oki Electric Industry Co Interest Coverage?

Oki Electric Industry Co OKIEY 59 Interest Coverage is 23.98 as of Mar. 2026, which is 232% above its 10-year median of 7.22. GuruFocus rates OKIEY with a GF Score™ of 59/100 and a GF Value™ of $7.21 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,672 Hardware companies, Oki Electric Industry Co ranks worse than 58.97% 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. Oki Electric Industry Co's Operating Income for the three months ended in Mar. 2026 was $81 Mil. Oki Electric Industry Co's Interest Expense for the three months ended in Mar. 2026 was $-3 Mil. Oki Electric Industry Co's interest coverage for the quarter that ended in Mar. 2026 was 23.98. The higher the ratio, the stronger the company's financial strength is.

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

OKIEY' s Interest Coverage Range Over the Past 10 Years
Min: 1.3   Med: 7.22   Max: 10.73
Current: 9.61


OKIEY's Interest Coverage is ranked worse than
58.97% of 1672 companies
in the Hardware industry
Industry Median: 13.73 vs OKIEY: 9.61

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


Oki Electric Industry Co  (OTCPK:OKIEY) 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 .


Oki Electric Industry Co Interest Coverage Related Terms


Oki Electric Industry Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Oki Electric Industry 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.

Oki Electric Industry Co Interest Coverage Chart

Oki Electric Industry 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 4.38 1.30 8.17 8.14 9.61

Oki Electric Industry 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 17.45 0.00 5.20 9.90 23.98

OKIEY vs CSCO, CIEN, MSI: Interest Coverage Comparison

For the Communication Equipment subindustry, Oki Electric Industry 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.


Oki Electric Industry Co Interest Coverage vs Hardware Industry

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

* The bar in red indicates where Oki Electric Industry Co's Interest Coverage falls into.


OKIEY
59GF Score
Oki Electric Industry Co Ltd OKIEY
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oki Electric Industry 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.

Oki Electric Industry 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, Oki Electric Industry Co's Interest Expense was $-12 Mil. Its Operating Income was $119 Mil. And its Long-Term Debt & Capital Lease Obligation was $335 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*118.759/-12.352
=9.61

Oki Electric Industry Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Oki Electric Industry Co's Interest Expense was $-3 Mil. Its Operating Income was $81 Mil. And its Long-Term Debt & Capital Lease Obligation was $335 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*80.563/-3.359
=23.98

* 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 23.98 mean?
Oki Electric Industry Co (OKIEY) has a Interest Coverage of 23.98 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Oki Electric Industry Co and its competitors. This is 232% above median its historical median of 7.22. Over the past decade, Oki Electric Industry Co's Interest Coverage has ranged from 1.30 to 10.73. According to the industry distribution chart, Oki Electric Industry Co ranks #986 out of 1672 companies in the Hardware industry, placing it in the top 59%.
Is Oki Electric Industry Co's Interest Coverage too high?
Oki Electric Industry Co's current Interest Coverage of 23.98 is 232% above median its 10-year median of 7.22. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 10.73. The Hardware industry median Interest Coverage is 13.73. Oki Electric Industry Co's value of 23.98 is 74.7% above this industry median. Based on the distribution chart, Oki Electric Industry Co ranks #986 out of 1672 companies in the Hardware industry, which is below the industry midpoint. Overall, Oki Electric Industry Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oki Electric Industry Co's Interest Coverage compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Oki Electric Industry Co ranks #986 out of 1672 companies for Interest Coverage. This places Oki Electric Industry Co in the lower half of its industry. The industry median Interest Coverage is 13.73. Oki Electric Industry Co's value of 23.98 is 74.7% above this benchmark. Historically, Oki Electric Industry Co's own Interest Coverage has ranged from 1.30 to 10.73 over the past decade. While the company's 10-year median is 7.22 vs. the industry median of 13.73, Oki Electric Industry 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. Oki Electric Industry Co's current Interest Coverage of 23.98 is 74.7% 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 Oki Electric Industry 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. Oki Electric Industry Co's current Interest Coverage is 23.98, which is 232% above median its own 10-year median of 7.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oki Electric Industry Co stock overvalued right now?
Based on GuruFocus' analysis, Oki Electric Industry Co (OKIEY) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.21, compared to a current price of $21.18 — trading 193.7% above its estimated fair value. The current Interest Coverage is 23.98, which is 232% above median its 10-year median of 7.22 and 74.7% above the Hardware industry median of 13.73. Oki Electric Industry Co's overall GF Score™ is 59/100 with 9 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 Oki Electric Industry Co (OKIEY), the current Interest Coverage is 23.98 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 Oki Electric Industry Co (OKIEY) Overvalued in 2026?

Based on GuruFocus' analysis, Oki Electric Industry Co stock appears to be overvalued. The current stock price of $21.18 is trading 193.7% above its estimated GF Value™ of $7.21. GuruFocus considers Oki Electric Industry Co to be Significantly Overvalued.

Key valuation signals for OKIEY:

  • Interest Coverage: 23.98 (232% above median its 10-year median of 7.22)
  • GF Value™: $7.21 vs. price of $21.18 (193.7% above fair value)
  • GF Score™: 59/100 with 9 warning signs
  • Industry Position: 74.7% above the Hardware median (#986 of 1672)

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


Oki Electric Industry Co Business Description

Other Exchanges 6703:JapanOKI:Germany
Address 1-7-12 Toranomon, Minato-ku, Tokyo, JPN, 105-8460
Oki Electric Industry Co Ltd is a Japanese manufacturer of telecommunications and printer products to telecommunication carriers, financial institutions, government agencies, and corporations. Its business is organized by product line into: information and communication technology, including traffic infrastructure-, disaster-, and self defense-related systems; mechatronics systems, including ATMs, cash handling equipment, and bank branch terminals; printers, including color printers, wide-format inkjets, and multifunction printers; and electronics manufacturing services for industrial, medical, and communications equipment.
59GF Score

Get the complete analysis for OKIEY

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

$21.18
Price
$7.21
GF Value