OKE Precision Cutting Tools Co (SHSE:688308) Interest Coverage: 45.24 (As of Mar. 2026) — 97% Above Median


SHSE:688308 OKE Precision Cutting Tools Co Ltd SHSE:688308
68 GF Score
Price ¥150.32
GF Value ¥45.06
Valuation Significantly Overvalued
! 9 Warning Signs
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What is OKE Precision Cutting Tools Co Interest Coverage?

OKE Precision Cutting Tools Co SHSE:688308 -12.60% 68 Interest Coverage is 45.24 as of Mar. 2026, which is 97% above its 10-year median of 22.93. GuruFocus rates SHSE:688308 with a GF Score™ of 68/100 and a GF Value™ of ¥45.06 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 2,321 Industrial Products companies, OKE Precision Cutting Tools Co ranks better than 57% 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. OKE Precision Cutting Tools Co's Operating Income for the three months ended in Mar. 2026 was ¥254 Mil. OKE Precision Cutting Tools Co's Interest Expense for the three months ended in Mar. 2026 was ¥-6 Mil. OKE Precision Cutting Tools Co's interest coverage for the quarter that ended in Mar. 2026 was 45.24. The higher the ratio, the stronger the company's financial strength is.

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

SHSE:688308' s Interest Coverage Range Over the Past 10 Years
Min: 4.56   Med: 22.93   Max: 145.68
Current: 20.74


SHSE:688308's Interest Coverage is ranked better than
57% of 2321 companies
in the Industrial Products industry
Industry Median: 14.8 vs SHSE:688308: 20.74

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


OKE Precision Cutting Tools Co  (SHSE:688308) 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 .


OKE Precision Cutting Tools Co Interest Coverage Related Terms


OKE Precision Cutting Tools Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for OKE Precision Cutting Tools 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.

OKE Precision Cutting Tools Co Interest Coverage Chart

OKE Precision Cutting Tools Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 145.68 113.20 19.75 4.56 7.53

OKE Precision Cutting Tools 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 2.98 0.00 15.81 10.64 45.24

SHSE:688308 vs SNA, RBC, LECO: Interest Coverage Comparison

For the Tools & Accessories subindustry, OKE Precision Cutting Tools 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.


OKE Precision Cutting Tools Co Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, OKE Precision Cutting Tools Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where OKE Precision Cutting Tools Co's Interest Coverage falls into.


SHSE:688308
68GF Score
OKE Precision Cutting Tools Co Ltd SHSE:688308
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OKE Precision Cutting Tools 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.

OKE Precision Cutting Tools Co's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, OKE Precision Cutting Tools Co's Interest Expense was ¥-18 Mil. Its Operating Income was ¥133 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥51 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*132.738/-17.625
=7.53

OKE Precision Cutting Tools Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, OKE Precision Cutting Tools Co's Interest Expense was ¥-6 Mil. Its Operating Income was ¥254 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥83 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*254.177/-5.619
=45.24

* 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 45.24 mean?
OKE Precision Cutting Tools Co (SHSE:688308) has a Interest Coverage of 45.24 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on OKE Precision Cutting Tools Co and its competitors. This is 97% above median its historical median of 22.93. Over the past decade, OKE Precision Cutting Tools Co's Interest Coverage has ranged from 4.56 to 145.68. According to the industry distribution chart, OKE Precision Cutting Tools Co ranks #998 out of 2321 companies in the Industrial Products industry, placing it in the top 43%.
Is OKE Precision Cutting Tools Co's Interest Coverage too high?
OKE Precision Cutting Tools Co's current Interest Coverage of 45.24 is 97% above median its 10-year median of 22.93. Over the past 10 years, this metric has ranged from a low of 4.56 to a high of 145.68. The Industrial Products industry median Interest Coverage is 14.80. OKE Precision Cutting Tools Co's value of 45.24 is 205.7% above this industry median. Based on the distribution chart, OKE Precision Cutting Tools Co ranks #998 out of 2321 companies in the Industrial Products industry, which is above the industry midpoint. Overall, OKE Precision Cutting Tools Co has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OKE Precision Cutting Tools Co's Interest Coverage compare to SNA and RBC?
According to the Industrial Products industry distribution chart, OKE Precision Cutting Tools Co ranks #998 out of 2321 companies for Interest Coverage. This puts OKE Precision Cutting Tools Co in the upper half of its industry. The industry median Interest Coverage is 14.80. OKE Precision Cutting Tools Co's value of 45.24 is 205.7% above this benchmark. Historically, OKE Precision Cutting Tools Co's own Interest Coverage has ranged from 4.56 to 145.68 over the past decade. While the company's 10-year median is 22.93 vs. the industry median of 14.80, OKE Precision Cutting Tools 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.80, based on 2,321 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. OKE Precision Cutting Tools Co's current Interest Coverage of 45.24 is 205.7% 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 OKE Precision Cutting Tools Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OKE Precision Cutting Tools Co's current Interest Coverage is 45.24, which is 97% above median its own 10-year median of 22.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OKE Precision Cutting Tools Co stock overvalued right now?
Based on GuruFocus' analysis, OKE Precision Cutting Tools Co (SHSE:688308) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥45.06, compared to a current price of ¥150.32 — trading 233.6% above its estimated fair value. The current Interest Coverage is 45.24, which is 97% above median its 10-year median of 22.93 and 205.7% above the Industrial Products industry median of 14.80. OKE Precision Cutting Tools Co's overall GF Score™ is 68/100 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 OKE Precision Cutting Tools Co (SHSE:688308), the current Interest Coverage is 45.24 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 OKE Precision Cutting Tools Co (SHSE:688308) Overvalued in 2026?

Based on GuruFocus' analysis, OKE Precision Cutting Tools Co stock appears to be overvalued. The current stock price of ¥150.32 is trading 233.6% above its estimated GF Value™ of ¥45.06. GuruFocus considers OKE Precision Cutting Tools Co to be Significantly Overvalued.

Key valuation signals for SHSE:688308:

  • Interest Coverage: 45.24 (97% above median its 10-year median of 22.93)
  • GF Value™: ¥45.06 vs. price of ¥150.32 (233.6% above fair value)
  • GF Score™: 68/100 with 9 warning signs
  • Industry Position: 205.7% above the Industrial Products median (#998 of 2321)

No single metric tells the full story. See the SHSE:688308 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OKE Precision Cutting Tools Co Business Description

Address No. 588, Majiahe Road, Jinlong Community, Tianyuan District, Hunan Province, Zhuzhou, CHN, 412007
OKE Precision Cutting Tools Co Ltd is engaged in the Research, development, production and sales of cemented carbide products and CNC cutting tools.
68GF Score

Get the complete analysis for SHSE:688308

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

¥150.32
Price
¥45.06
GF Value