Nitta (TSE:5186) Interest Coverage: 132.00 (As of Mar. 2026) — 30% Above Median


TSE:5186 Nitta Corp TSE:5186
75 GF Score
Price 円6,310.00
GF Value 円3,954.52
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Nitta Interest Coverage?

Nitta TSE:5186 -0.63% 75 Interest Coverage is 132.00 as of Mar. 2026, which is 30% above its 10-year median of 101.46. GuruFocus rates TSE:5186 with a GF Score™ of 75/100 and a GF Value™ of 円3,954.52 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,320 Industrial Products companies, Nitta ranks better than 81.47% 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. Nitta's Operating Income for the three months ended in Mar. 2026 was 円1,584 Mil. Nitta's Interest Expense for the three months ended in Mar. 2026 was 円-12 Mil. Nitta's interest coverage for the quarter that ended in Mar. 2026 was 132.00. 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. Nitta Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:5186' s Interest Coverage Range Over the Past 10 Years
Min: 65.02   Med: 101.46   Max: 306.36
Current: 101.07


TSE:5186's Interest Coverage is ranked better than
81.47% of 2320 companies
in the Industrial Products industry
Industry Median: 14.88 vs TSE:5186: 101.07

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


Nitta  (TSE:5186) 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 .


Nitta Interest Coverage Related Terms


Nitta Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nitta'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.

Nitta Interest Coverage Chart

Nitta 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 113.55 101.84 73.70 75.82 101.07

Nitta 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 57.50 52.19 123.67 130.62 132.00

TSE:5186 vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Nitta'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.


Nitta Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nitta's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Nitta's Interest Coverage falls into.


TSE:5186
75GF Score
Nitta Corp TSE:5186
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitta 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.

Nitta'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, Nitta's Interest Expense was 円-58 Mil. Its Operating Income was 円5,862 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*5862/-58
=101.07

Nitta's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Nitta's Interest Expense was 円-12 Mil. Its Operating Income was 円1,584 Mil. And its Long-Term Debt & Capital Lease Obligation was 円0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1584/-12
=132.00

* 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 132.00 mean?
Nitta (TSE:5186) has a Interest Coverage of 132.00 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nitta and its competitors. This is 30% above median its historical median of 101.46. Over the past decade, Nitta's Interest Coverage has ranged from 65.02 to 306.36. According to the industry distribution chart, Nitta ranks #430 out of 2320 companies in the Industrial Products industry, placing it in the top 18.5%.
Is Nitta's Interest Coverage too high?
Nitta's current Interest Coverage of 132.00 is 30% above median its 10-year median of 101.46. Over the past 10 years, this metric has ranged from a low of 65.02 to a high of 306.36. The Industrial Products industry median Interest Coverage is 14.88. Nitta's value of 132.00 is 787.1% above this industry median. Based on the distribution chart, Nitta ranks #430 out of 2320 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nitta has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitta's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nitta ranks #430 out of 2320 companies for Interest Coverage. This places Nitta in the top 19% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.88. Nitta's value of 132.00 is 787.1% above this benchmark. Historically, Nitta's own Interest Coverage has ranged from 65.02 to 306.36 over the past decade. While the company's 10-year median is 101.46 vs. the industry median of 14.88, Nitta 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 14.88, based on 2,320 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. Nitta's current Interest Coverage of 132.00 is 787.1% 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 Nitta and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitta's current Interest Coverage is 132.00, which is 30% above median its own 10-year median of 101.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitta stock overvalued right now?
Based on GuruFocus' analysis, Nitta (TSE:5186) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,954.52, compared to a current price of 円6,310.00 — trading 59.6% above its estimated fair value. The current Interest Coverage is 132.00, which is 30% above median its 10-year median of 101.46 and 787.1% above the Industrial Products industry median of 14.88. Nitta's overall GF Score™ is 75/100 with 7 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 Nitta (TSE:5186), the current Interest Coverage is 132.00 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 Nitta (TSE:5186) Overvalued in 2026?

Based on GuruFocus' analysis, Nitta stock appears to be overvalued. The current stock price of 円6,310.00 is trading 59.6% above its estimated GF Value™ of 円3,954.52. GuruFocus considers Nitta to be Significantly Overvalued.

Key valuation signals for TSE:5186:

  • Interest Coverage: 132.00 (30% above median its 10-year median of 101.46)
  • GF Value™: 円3,954.52 vs. price of 円6,310.00 (59.6% above fair value)
  • GF Score™: 75/100 with 7 warning signs
  • Industry Position: 787.1% above the Industrial Products median (#430 of 2320)

No single metric tells the full story. See the TSE:5186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitta Business Description

Address 4-4-26 Sakuragawa, Naniwa-ku, Osaka, JPN, 556-0022
Nitta Corp is a Japan-based company that manufactures and distributes a wide range of industrial products. The company's product line comprises conveyor belts and units, tubes and fittings, industrial wiper and molded rubber products, mechatronic products, magnetic sheets, and so on. The company's conveyor belt products are distributed under trademarks including PolySprint, Polybelt, New Light Grip, and SEB. The company's conveyor unit products include curve conveyor units, spiral conveyor units, and nonsnaking conveyor units. Nitta Corp's tube and fitting products are applied in pneumatic equipment, semiconductor equipment, industrial robots, and others. The company's wiper products include slide seals, lip seals, telesco seals, and others.
75GF Score

Get the complete analysis for TSE:5186

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

円6,310.00
Price
円3,954.52
GF Value