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. Okayama Paper Industries Co's
Operating Income
for the
three
months ended in Nov. 2025 was 円0 Mil. Okayama Paper Industries Co's Interest Expense for the
three
months ended in Nov. 2025 was 円0 Mil.
Okayama Paper Industries Co has no debt.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Okayama Paper Industries Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.
(1) 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.
The historical rank and industry rank for Okayama Paper Industries Co's Interest Coverage or its related term are showing as below:
TSE:3892's Interest Coverage is not ranked *
in the Forest Products industry.
Industry Median: 4.11 * Ranked among companies with meaningful Interest Coverage only.
Okayama Paper Industries Co (TSE:3892) 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 .
Okayama Paper Industries Co Interest Coverage Related Terms
Okayama Paper Industries Co Interest Coverage Historical Data
* 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.
Okayama Paper Industries Co Interest Coverage Chart
Okayama Paper Industries Co Interest Coverage Competitor Comparison
For the Paper & Paper Products subindustry, Okayama Paper Industries 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.
Okayama Paper Industries Co Interest Coverage vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Okayama Paper Industries Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Okayama Paper Industries Co's Interest Coverage falls into.
Okayama Paper Industries 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:
* 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.
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Okayama Paper Industries Co (TSE:3892) has a Interest Coverage of No Debt (1) as of Nov. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Okayama Paper Industries Co and its competitors. According to the industry distribution chart, Okayama Paper Industries Co ranks #999999 out of 183 companies in the Forest Products industry.
Is Okayama Paper Industries Co's Interest Coverage too high?
Okayama Paper Industries Co's current Interest Coverage is No Debt (1). Based on the distribution chart, Okayama Paper Industries Co ranks #999999 out of 183 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Okayama Paper Industries Co has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Okayama Paper Industries Co's Interest Coverage compare to competitors?
According to the Forest Products industry distribution chart, Okayama Paper Industries Co ranks #999999 out of 183 companies for Interest Coverage. This places Okayama Paper Industries Co in the lower half of its industry. The industry median Interest Coverage is 4.11. 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 Forest Products company?
The median Interest Coverage among Forest Products companies is 4.11, based on 183 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. 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 Okayama Paper Industries Co and its competitors. For the Forest Products industry, the median Interest Coverage is 4.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okayama Paper Industries Co's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Okayama Paper Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Okayama Paper Industries Co (TSE:3892) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,307.77, compared to a current price of 円1,662.00 — trading 27.1% above its estimated fair value. The current Interest Coverage is No Debt (1). Okayama Paper Industries Co's overall GF Score™ is 71/100 with 6 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 Okayama Paper Industries Co (TSE:3892), the current Interest Coverage is No Debt (1) as of Nov. 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 Okayama Paper Industries Co (TSE:3892) Overvalued in 2026?
Based on GuruFocus' analysis, Okayama Paper Industries Co stock appears to be overvalued.
The current stock price of 円1,662.00 is trading 27.1% above its estimated GF Value™ of 円1,307.77.
GuruFocus considers Okayama Paper Industries Co to be Modestly Overvalued.
Key valuation signals for TSE:3892:
Interest Coverage: No Debt (1)
GF Value™: 円1,307.77 vs. price of 円1,662.00 (27.1% above fair value)
No single metric tells the full story. See the TSE:3892 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Okayama Paper Industries Co Ltd is engaged in manufacturing and sales of SMIC raw paper, paper tube base paper, flat sheet. It is in a packaging material field as a manufacturer of cardboard and decorative corrugated cardboard made of core paper and paper tube base paper. It offers products such as base papers, containerboard, stencil paper tubes, paper tube base papers, and cardboard plates.
71GF Score
Get the complete analysis for TSE:3892
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:3892 has been successfully added to your 
