Nippon Carbide Industries Co (TSE:4064) Interest Coverage: 31.27 (As of Mar. 2026) — 55% Above Median


TSE:4064 Nippon Carbide Industries Co Inc TSE:4064
75 GF Score
Price 円3,315.00
GF Value 円2,052.41
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Nippon Carbide Industries Co Interest Coverage?

Nippon Carbide Industries Co TSE:4064 +0.61% 75 Interest Coverage is 31.27 as of Mar. 2026, which is 55% above its 10-year median of 20.18. GuruFocus rates TSE:4064 with a GF Score™ of 75/100 and a GF Value™ of 円2,052.41 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,232 Chemicals companies, Nippon Carbide Industries Co ranks better than 70.78% 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. Nippon Carbide Industries Co's Operating Income for the six months ended in Mar. 2026 was 円2,001 Mil. Nippon Carbide Industries Co's Interest Expense for the six months ended in Mar. 2026 was 円-64 Mil. Nippon Carbide Industries Co's interest coverage for the quarter that ended in Mar. 2026 was 31.27. The higher the ratio, the stronger the company's financial strength is.

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

TSE:4064' s Interest Coverage Range Over the Past 10 Years
Min: 12.13   Med: 20.18   Max: 40.63
Current: 33.29


TSE:4064's Interest Coverage is ranked better than
70.78% of 1232 companies
in the Chemicals industry
Industry Median: 10.13 vs TSE:4064: 33.29

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


Nippon Carbide Industries Co  (TSE:4064) 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 .


Nippon Carbide Industries Co Interest Coverage Related Terms


Nippon Carbide Industries Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nippon Carbide Industries 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.

Nippon Carbide Industries Co Interest Coverage Chart

Nippon Carbide Industries 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 28.01 15.78 12.13 40.63 33.29

Nippon Carbide Industries Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 10.82 30.10 50.68 35.49 31.27

TSE:4064 vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Nippon Carbide 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.


Nippon Carbide Industries Co Interest Coverage vs Chemicals Industry

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

* The bar in red indicates where Nippon Carbide Industries Co's Interest Coverage falls into.


TSE:4064
75GF Score
Nippon Carbide Industries Co Inc TSE:4064
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nippon Carbide 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:

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.

Nippon Carbide Industries 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, Nippon Carbide Industries Co's Interest Expense was 円-123 Mil. Its Operating Income was 円4,095 Mil. And its Long-Term Debt & Capital Lease Obligation was 円3,279 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*4095/-123
=33.29

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

Here, for the six months ended in Mar. 2026, Nippon Carbide Industries Co's Interest Expense was 円-64 Mil. Its Operating Income was 円2,001 Mil. And its Long-Term Debt & Capital Lease Obligation was 円3,279 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2001/-64
=31.27

* 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 31.27 mean?
Nippon Carbide Industries Co (TSE:4064) has a Interest Coverage of 31.27 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nippon Carbide Industries Co and its competitors. This is 55% above median its historical median of 20.18. Over the past decade, Nippon Carbide Industries Co's Interest Coverage has ranged from 12.13 to 40.63. According to the industry distribution chart, Nippon Carbide Industries Co ranks #360 out of 1232 companies in the Chemicals industry, placing it in the top 29.2%.
Is Nippon Carbide Industries Co's Interest Coverage too high?
Nippon Carbide Industries Co's current Interest Coverage of 31.27 is 55% above median its 10-year median of 20.18. Over the past 10 years, this metric has ranged from a low of 12.13 to a high of 40.63. The Chemicals industry median Interest Coverage is 10.13. Nippon Carbide Industries Co's value of 31.27 is 208.7% above this industry median. Based on the distribution chart, Nippon Carbide Industries Co ranks #360 out of 1232 companies in the Chemicals industry, which is above the industry midpoint. Overall, Nippon Carbide Industries Co has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nippon Carbide Industries Co's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Nippon Carbide Industries Co ranks #360 out of 1232 companies for Interest Coverage. This puts Nippon Carbide Industries Co in the upper half of its industry. The industry median Interest Coverage is 10.13. Nippon Carbide Industries Co's value of 31.27 is 208.7% above this benchmark. Historically, Nippon Carbide Industries Co's own Interest Coverage has ranged from 12.13 to 40.63 over the past decade. While the company's 10-year median is 20.18 vs. the industry median of 10.13, Nippon Carbide Industries 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.13, based on 1,232 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. Nippon Carbide Industries Co's current Interest Coverage of 31.27 is 208.7% 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 Nippon Carbide Industries Co and its competitors. For the Chemicals industry, the median Interest Coverage is 10.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nippon Carbide Industries Co's current Interest Coverage is 31.27, which is 55% above median its own 10-year median of 20.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nippon Carbide Industries Co stock overvalued right now?
Based on GuruFocus' analysis, Nippon Carbide Industries Co (TSE:4064) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,052.41, compared to a current price of 円3,315.00 — trading 61.5% above its estimated fair value. The current Interest Coverage is 31.27, which is 55% above median its 10-year median of 20.18 and 208.7% above the Chemicals industry median of 10.13. Nippon Carbide Industries Co's overall GF Score™ is 75/100 with 1 warning sign 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 Nippon Carbide Industries Co (TSE:4064), the current Interest Coverage is 31.27 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 Nippon Carbide Industries Co (TSE:4064) Overvalued in 2026?

Based on GuruFocus' analysis, Nippon Carbide Industries Co stock appears to be overvalued. The current stock price of 円3,315.00 is trading 61.5% above its estimated GF Value™ of 円2,052.41. GuruFocus considers Nippon Carbide Industries Co to be Significantly Overvalued.

Key valuation signals for TSE:4064:

  • Interest Coverage: 31.27 (55% above median its 10-year median of 20.18)
  • GF Value™: 円2,052.41 vs. price of 円3,315.00 (61.5% above fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 208.7% above the Chemicals median (#360 of 1232)

No single metric tells the full story. See the TSE:4064 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nippon Carbide Industries Co Business Description

Address 16-2, 2-Chome Konan, Minato-Ku, Tokyo, JPN, 108-8466
Nippon Carbide Industries Co Inc is engaged in the manufacture and sales of chemicals, plastics and resins, plastics films and electronic materials. Its product offerings include calcium carbide, dicyandiamide, cyanamide solution, among others. The company also manufacture and sell adhesive products used in medical, optical, and electronic equipment, coating materials for paper, film, and metal, fiber processing, and pigments.
75GF Score

Get the complete analysis for TSE:4064

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

円3,315.00
Price
円2,052.41
GF Value