TKCBF (Tokai Carbon Co) Interest Coverage: 3.99 (As of Dec. 2025) — 84% Below Median


TKCBF Tokai Carbon Co Ltd TKCBF
76 GF Score
Price $11.08
GF Value $6.27
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Tokai Carbon Co Interest Coverage?

Tokai Carbon Co TKCBF 76 Interest Coverage is 3.99 as of Dec. 2025, which is 84% below its 10-year median of 24.19. GuruFocus rates TKCBF with a GF Score™ of 76/100 and a GF Value™ of $6.27 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,237 Chemicals companies, Tokai Carbon Co ranks worse than 53.84% 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. Tokai Carbon Co's Operating Income for the three months ended in Dec. 2025 was $29 Mil. Tokai Carbon Co's Interest Expense for the three months ended in Dec. 2025 was $-7 Mil. Tokai Carbon Co's interest coverage for the quarter that ended in Dec. 2025 was 3.99. The higher the ratio, the stronger the company's financial strength is.

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

TKCBF' s Interest Coverage Range Over the Past 10 Years
Min: 2.71   Med: 24.19   Max: 119
Current: 8.5


TKCBF's Interest Coverage is ranked worse than
53.84% of 1237 companies
in the Chemicals industry
Industry Median: 10.21 vs TKCBF: 8.50

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


Tokai Carbon Co  (OTCPK:TKCBF) 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 .


Tokai Carbon Co Interest Coverage Related Terms


Tokai Carbon Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Tokai Carbon 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.

Tokai Carbon Co Interest Coverage Chart

Tokai Carbon Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.63 38.95 24.75 8.79 9.11

Tokai Carbon 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 13.14 11.25 13.40 3.99 9.70

TKCBF vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Tokai Carbon 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.


Tokai Carbon Co Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tokai Carbon Co's Interest Coverage distribution charts can be found below:

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


TKCBF
76GF Score
Tokai Carbon Co Ltd TKCBF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Tokai Carbon 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.

Tokai Carbon 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, Tokai Carbon Co's Interest Expense was $-18 Mil. Its Operating Income was $166 Mil. And its Long-Term Debt & Capital Lease Obligation was $893 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*165.795/-18.196
=9.11

Tokai Carbon Co's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Tokai Carbon Co's Interest Expense was $-7 Mil. Its Operating Income was $29 Mil. And its Long-Term Debt & Capital Lease Obligation was $893 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*29.176/-7.312
=3.99

* 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 3.99 mean?
Tokai Carbon Co (TKCBF) has a Interest Coverage of 3.99 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tokai Carbon Co and its competitors. This is 84% below median its historical median of 24.19. Over the past decade, Tokai Carbon Co's Interest Coverage has ranged from 2.71 to 119.00. According to the industry distribution chart, Tokai Carbon Co ranks #666 out of 1237 companies in the Chemicals industry, placing it in the top 53.8%.
Is Tokai Carbon Co's Interest Coverage too high?
Tokai Carbon Co's current Interest Coverage of 3.99 is 84% below median its 10-year median of 24.19. Over the past 10 years, this metric has ranged from a low of 2.71 to a high of 119.00. The Chemicals industry median Interest Coverage is 10.21. Tokai Carbon Co's value of 3.99 is 60.9% below this industry median. Based on the distribution chart, Tokai Carbon Co ranks #666 out of 1237 companies in the Chemicals industry, which is below the industry midpoint. Overall, Tokai Carbon Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tokai Carbon Co's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Tokai Carbon Co ranks #666 out of 1237 companies for Interest Coverage. This places Tokai Carbon Co in the lower half of its industry. The industry median Interest Coverage is 10.21. Tokai Carbon Co's value of 3.99 is 60.9% below this benchmark. Historically, Tokai Carbon Co's own Interest Coverage has ranged from 2.71 to 119.00 over the past decade. While the company's 10-year median is 24.19 vs. the industry median of 10.21, Tokai Carbon 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.21, based on 1,237 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. Tokai Carbon Co's current Interest Coverage of 3.99 is 60.9% 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 Tokai Carbon Co and its competitors. For the Chemicals industry, the median Interest Coverage is 10.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tokai Carbon Co's current Interest Coverage is 3.99, which is 84% below median its own 10-year median of 24.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tokai Carbon Co stock overvalued right now?
Based on GuruFocus' analysis, Tokai Carbon Co (TKCBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $6.27, compared to a current price of $11.08 — trading 76.7% above its estimated fair value. The current Interest Coverage is 3.99, which is 84% below median its 10-year median of 24.19 and 60.9% below the Chemicals industry median of 10.21. Tokai Carbon Co's overall GF Score™ is 76/100 with 10 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 Tokai Carbon Co (TKCBF), the current Interest Coverage is 3.99 as of Dec. 2025. 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 Tokai Carbon Co (TKCBF) Overvalued in 2026?

Based on GuruFocus' analysis, Tokai Carbon Co stock appears to be overvalued. The current stock price of $11.08 is trading 76.7% above its estimated GF Value™ of $6.27. GuruFocus considers Tokai Carbon Co to be Significantly Overvalued.

Key valuation signals for TKCBF:

  • Interest Coverage: 3.99 (84% below median its 10-year median of 24.19)
  • GF Value™: $6.27 vs. price of $11.08 (76.7% above fair value)
  • GF Score™: 76/100 with 10 warning signs
  • Industry Position: 60.9% below the Chemicals median (#666 of 1237)

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


Tokai Carbon Co Business Description

Address 1-2-3 Kita Aoyama Building, Minato-ku, Tokyo, JPN, 107-8636
Tokai Carbon Co Ltd is a Japan-based manufacturer of carbon products which include, Carbon black, graphite electrodes, fine carbon friction material and manufactures industrial furnaces, and related products. It operates through three reportable segments, Carbon Black business, Carbon and Ceramics business, and Industrial Furnaces and Related Products business. Carbon black is mainly used as a reinforcing agent of industrial rubber products, typically auto tires. Carbon and Ceramics business segment produces artificial graphite electrodes for electric arc furnaces, fine carbon, carbon brush, impervious graphite, pencil lead-cores. Industrial Furnaces and Related Products segment include Industrial electric furnaces, gas furnaces, silicon carbide heating elements refractory, amongst others.
76GF Score

Get the complete analysis for TKCBF

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

$11.08
Price
$6.27
GF Value