NIXTSE:4243 -1.98%71 Interest Coverage is 302.85 as of Mar. 2026, which is 138% above its 10-year median of 127.25. GuruFocus rates TSE:4243 with a GF Score™ of 71/100 and a GF Value™ of 円814.07 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,234 Chemicals companies, NIX ranks better than 88.01% 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. NIX's
Operating Income
for the
three
months ended in Mar. 2026 was 円98 Mil. NIX's Interest Expense for the
three
months ended in Mar. 2026 was 円-0 Mil.
NIX's interest coverage for the quarter that ended in Mar. 2026 was 302.85.
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. NIX Inc has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for NIX's Interest Coverage or its related term are showing as below:
TSE:4243'
s Interest Coverage Range Over the Past 10 Years
Min: 27.42 Med: 127.25 Max: 206.71
Current: 162.93
TSE:4243's Interest Coverage is ranked better than 88.01% of 1234
companies
in the Chemicals industry
Industry Median: 10.18
vs TSE:4243: 162.93
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 .
NIX Interest Coverage Related Terms
NIX Interest Coverage Historical Data
* Premium members only.
The historical data trend for NIX'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.
TSE:4243 vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, NIX'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.
NIX Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, NIX's Interest Coverage distribution charts can be found below:
* The bar in red indicates where NIX's Interest Coverage falls into.
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.
NIX (TSE:4243) has a Interest Coverage of 302.85 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on NIX and its competitors. This is 138% above median its historical median of 127.25. Over the past decade, NIX's Interest Coverage has ranged from 27.42 to 206.71. According to the industry distribution chart, NIX ranks #148 out of 1234 companies in the Chemicals industry, placing it in the top 12%.
Is NIX's Interest Coverage too high?
NIX's current Interest Coverage of 302.85 is 138% above median its 10-year median of 127.25. Over the past 10 years, this metric has ranged from a low of 27.42 to a high of 206.71. The Chemicals industry median Interest Coverage is 10.18. NIX's value of 302.85 is 2875% above this industry median. Based on the distribution chart, NIX ranks #148 out of 1234 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, NIX has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NIX's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, NIX ranks #148 out of 1234 companies for Interest Coverage. This places NIX in the top 12% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.18. NIX's value of 302.85 is 2875% above this benchmark. Historically, NIX's own Interest Coverage has ranged from 27.42 to 206.71 over the past decade. While the company's 10-year median is 127.25 vs. the industry median of 10.18, NIX 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 10.18, based on 1,234 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. NIX's current Interest Coverage of 302.85 is 2875% 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 NIX and its competitors. For the Chemicals industry, the median Interest Coverage is 10.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIX's current Interest Coverage is 302.85, which is 138% above median its own 10-year median of 127.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIX stock overvalued right now?
Based on GuruFocus' analysis, NIX (TSE:4243) is currently considered Modestly Overvalued. The stock's GF Value™ is 円814.07, compared to a current price of 円939.00 — trading 15.3% above its estimated fair value. The current Interest Coverage is 302.85, which is 138% above median its 10-year median of 127.25 and 2875% above the Chemicals industry median of 10.18. NIX's overall GF Score™ is 71/100 with 2 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 NIX (TSE:4243), the current Interest Coverage is 302.85 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 NIX (TSE:4243) Overvalued in 2026?
Based on GuruFocus' analysis, NIX stock appears to be overvalued.
The current stock price of 円939.00 is trading 15.3% above its estimated GF Value™ of 円814.07.
GuruFocus considers NIX to be Modestly Overvalued.
Key valuation signals for TSE:4243:
Interest Coverage: 302.85 (138% above median its 10-year median of 127.25)
GF Value™: 円814.07 vs. price of 円939.00 (15.3% above fair value)
Industry Position: 2875% above the Chemicals median (#148 of 1234)
No single metric tells the full story. See the TSE:4243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NIX Inc is engaged in planning, development, manufacture, and sale of parts like industrial plastic parts and plastic fasteners, mechanism parts, magazine racks storing, and label plastic machines.
71GF Score
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