RNGOF (Rengo Co) Interest Coverage: 2.31 (As of Mar. 2026) — 85% Below Median

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RNGOF Rengo Co Ltd RNGOF
81 GF Score
Price $5.50
GF Value $4.23
! 9 Warning Signs
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What is Rengo Co Interest Coverage?

Rengo Co RNGOF 81 Interest Coverage is 2.31 as of Mar. 2026, which is 85% below its 10-year median of 15.28. GuruFocus rates RNGOF with a GF Score™ of 81/100 and a GF Value™ of $4.23. The stock has 9 warning signs investors should review. Among 318 Packaging & Containers companies, Rengo Co ranks better than 51.89% 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. Rengo Co's Operating Income for the three months ended in Mar. 2026 was $26 Mil. Rengo Co's Interest Expense for the three months ended in Mar. 2026 was $-11 Mil. Rengo Co's interest coverage for the quarter that ended in Mar. 2026 was 2.31. The higher the ratio, the stronger the company's financial strength is.

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

RNGOF' s Interest Coverage Range Over the Past 10 Years
Min: 6.68   Med: 15.28   Max: 23.92
Current: 6.68


RNGOF's Interest Coverage is ranked better than
51.89% of 318 companies
in the Packaging & Containers industry
Industry Median: 6.05 vs RNGOF: 6.68

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


Rengo Co  (OTCPK:RNGOF) 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 .


Rengo Co Interest Coverage Related Terms


Rengo Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Rengo 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.

Rengo Co Interest Coverage Chart

Rengo 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 20.74 12.49 15.01 8.63 6.68

Rengo 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 3.02 8.94 8.13 9.03 2.31

RNGOF vs SW, PKG, IP: Interest Coverage Comparison

For the Packaging & Containers subindustry, Rengo 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.


Rengo Co Interest Coverage vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Rengo Co's Interest Coverage distribution charts can be found below:

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


RNGOF
81GF Score
Rengo Co Ltd RNGOF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rengo 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.

Rengo 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, Rengo Co's Interest Expense was $-35 Mil. Its Operating Income was $234 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,851 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*233.756/-35.013
=6.68

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

Here, for the three months ended in Mar. 2026, Rengo Co's Interest Expense was $-11 Mil. Its Operating Income was $26 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,851 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*25.749/-11.167
=2.31

* 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 2.31 mean?
Rengo Co (RNGOF) has a Interest Coverage of 2.31 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Rengo Co and its competitors. This is 85% below median its historical median of 15.28. Over the past decade, Rengo Co's Interest Coverage has ranged from 6.68 to 23.92. According to the industry distribution chart, Rengo Co ranks #153 out of 318 companies in the Packaging & Containers industry, placing it in the top 48.1%.
Is Rengo Co's Interest Coverage too high?
Rengo Co's current Interest Coverage of 2.31 is 85% below median its 10-year median of 15.28. Over the past 10 years, this metric has ranged from a low of 6.68 to a high of 23.92. The Packaging & Containers industry median Interest Coverage is 6.05. Rengo Co's value of 2.31 is 61.8% below this industry median. Based on the distribution chart, Rengo Co ranks #153 out of 318 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Rengo Co has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Rengo Co's Interest Coverage compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Rengo Co ranks #153 out of 318 companies for Interest Coverage. This puts Rengo Co in the upper half of its industry. The industry median Interest Coverage is 6.05. Rengo Co's value of 2.31 is 61.8% below this benchmark. Historically, Rengo Co's own Interest Coverage has ranged from 6.68 to 23.92 over the past decade. While the company's 10-year median is 15.28 vs. the industry median of 6.05, Rengo 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 Packaging & Containers company?
The median Interest Coverage among Packaging & Containers companies is 6.05, based on 318 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. Rengo Co's current Interest Coverage of 2.31 is 61.8% 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 Rengo Co and its competitors. For the Packaging & Containers industry, the median Interest Coverage is 6.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rengo Co's current Interest Coverage is 2.31, which is 85% below median its own 10-year median of 15.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rengo Co stock overvalued right now?
Rengo Co (RNGOF) has a current Interest Coverage of 2.31. The stock's GF Value™ is $4.23, compared to a current price of $5.50 — trading 30% above its estimated fair value. The current Interest Coverage is 2.31, which is 85% below median its 10-year median of 15.28 and 61.8% below the Packaging & Containers industry median of 6.05. Rengo Co's overall GF Score™ is 81/100 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 Rengo Co (RNGOF), the current Interest Coverage is 2.31 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 Rengo Co (RNGOF) Overvalued in 2026?

Based on GuruFocus' analysis, Rengo Co stock appears to be overvalued. The current stock price of $5.50 is trading 30% above its estimated GF Value™ of $4.23.

Key valuation signals for RNGOF:

  • Interest Coverage: 2.31 (85% below median its 10-year median of 15.28)
  • GF Value™: $4.23 vs. price of $5.50 (30% above fair value)
  • GF Score™: 81/100 with 9 warning signs
  • Industry Position: 61.8% below the Packaging & Containers median (#153 of 318)

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


Rengo Co Business Description

Other Exchanges 3941:Japan
Address 2-2-7 Nakanoshima Kita-ku, Osaka, JPN, 530-0005
Rengo Co Ltd manufactures and sells a variety of packaging products. The firm organizes itself into four segments based on product type. The paperboard and packaging segment, which generates the majority of revenue, sells corrugated packaging and boxes used to package food and agricultural products. The flexible packaging segment sells films, labels, and cellophane mainly used for food and beverage packaging. The heavy duty packaging segment sells plastic and paper container bags used by the agricultural, transportation, and chemicals industries. The overseas business sells packaging products outside of Japan. The majority of revenue comes from Japan.
81GF Score

Get the complete analysis for RNGOF

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

$5.50
Price
$4.23
GF Value