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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. HOKUETSU METAL Co's
Operating Income
for the
three
months ended in Mar. 2026 was 円-128 Mil. HOKUETSU METAL Co's Interest Expense for the
three
months ended in Mar. 2026 was 円-6 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for HOKUETSU METAL Co's Interest Coverage or its related term are showing as below:
TSE:5446's Interest Coverage is not ranked *
in the Steel industry.
Industry Median: 4.6 * Ranked among companies with meaningful Interest Coverage only.
HOKUETSU METAL Co (TSE:5446) 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 .
HOKUETSU METAL Co Interest Coverage Related Terms
HOKUETSU METAL Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for HOKUETSU METAL 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.
TSE:5446 vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, HOKUETSU METAL 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.
HOKUETSU METAL Co Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, HOKUETSU METAL Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where HOKUETSU METAL Co'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:
HOKUETSU METAL Co did not have earnings to cover the 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 0 (At Loss) mean?
HOKUETSU METAL Co (TSE:5446) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on HOKUETSU METAL Co and its competitors. According to the industry distribution chart, HOKUETSU METAL Co ranks #999999 out of 465 companies in the Steel industry.
Is HOKUETSU METAL Co's Interest Coverage too high?
HOKUETSU METAL Co's current Interest Coverage is 0 (At Loss). Based on the distribution chart, HOKUETSU METAL Co ranks #999999 out of 465 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, HOKUETSU METAL Co has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HOKUETSU METAL Co's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, HOKUETSU METAL Co ranks #999999 out of 465 companies for Interest Coverage. This places HOKUETSU METAL Co in the lower half of its industry. The industry median Interest Coverage is 4.60. 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 Steel company?
The median Interest Coverage among Steel companies is 4.60, based on 465 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 HOKUETSU METAL Co and its competitors. For the Steel industry, the median Interest Coverage is 4.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HOKUETSU METAL Co's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HOKUETSU METAL Co stock overvalued right now?
Based on GuruFocus' analysis, HOKUETSU METAL Co (TSE:5446) is currently considered Fairly Valued. The stock's GF Value™ is 円1,029.15, compared to a current price of 円1,080.00 — trading 4.9% above its estimated fair value. The current Interest Coverage is 0 (At Loss). HOKUETSU METAL Co's overall GF Score™ is 53/100 with 3 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 HOKUETSU METAL Co (TSE:5446), the current Interest Coverage is 0 (At Loss) 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 HOKUETSU METAL Co (TSE:5446) Overvalued in 2026?
Based on GuruFocus' analysis, HOKUETSU METAL Co stock appears to be overvalued.
The current stock price of 円1,080.00 is trading 4.9% above its estimated GF Value™ of 円1,029.15.
GuruFocus considers HOKUETSU METAL Co to be Fairly Valued.
Key valuation signals for TSE:5446:
Interest Coverage: 0 (At Loss)
GF Value™: 円1,029.15 vs. price of 円1,080.00 (4.9% above fair value)
No single metric tells the full story. See the TSE:5446 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HOKUETSU METAL Co Ltd operates in the iron and steel industry. The principal business activities of the company include the manufacturing and processing of primary products such as steel, non-base metals and alloys, steel structures, and various other mechanical devices.
53GF Score
Get the complete analysis for TSE:5446
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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