Nittoku Co (TSE:6145) Interest Coverage: 50.44 (As of Mar. 2026) — 99% Below Median


TSE:6145 Nittoku Co Ltd TSE:6145
92 GF Score
Price 円2,835.00
GF Value 円2,859.89
Valuation Fairly Valued
View Full Analysis

What is Nittoku Co Interest Coverage?

Nittoku Co TSE:6145 +0.75% 92 Interest Coverage is 50.44 as of Mar. 2026, which is 99% below its 10-year median of 4,815.92. GuruFocus rates TSE:6145 with a GF Score™ of 92/100 and a GF Value™ of 円2,859.89 (Fairly Valued). Among 2,323 Industrial Products companies, Nittoku Co ranks better than 75.81% 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. Nittoku Co's Operating Income for the three months ended in Mar. 2026 was 円1,261 Mil. Nittoku Co's Interest Expense for the three months ended in Mar. 2026 was 円-25 Mil. Nittoku Co's interest coverage for the quarter that ended in Mar. 2026 was 50.44. 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. Nittoku Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:6145' s Interest Coverage Range Over the Past 10 Years
Min: 18.36   Med: 4815.92   Max: No Debt
Current: 61.11


TSE:6145's Interest Coverage is ranked better than
75.81% of 2323 companies
in the Industrial Products industry
Industry Median: 14.72 vs TSE:6145: 61.11

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


Nittoku Co  (TSE:6145) 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 .


Nittoku Co Interest Coverage Related Terms


Nittoku Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nittoku 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.

Nittoku Co Interest Coverage Chart

Nittoku 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 No Debt 258.08 130.16 18.36 61.11

Nittoku Co 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 36.12 15.36 97.90 84.95 50.44

TSE:6145 vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Nittoku 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.


Nittoku Co Interest Coverage vs Industrial Products Industry

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

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


TSE:6145
92GF Score
Nittoku Co Ltd TSE:6145
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nittoku 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.

Nittoku 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, Nittoku Co's Interest Expense was 円-89 Mil. Its Operating Income was 円5,439 Mil. And its Long-Term Debt & Capital Lease Obligation was 円6,462 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*5439/-89
=61.11

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

Here, for the three months ended in Mar. 2026, Nittoku Co's Interest Expense was 円-25 Mil. Its Operating Income was 円1,261 Mil. And its Long-Term Debt & Capital Lease Obligation was 円6,462 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1261/-25
=50.44

* 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 50.44 mean?
Nittoku Co (TSE:6145) has a Interest Coverage of 50.44 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nittoku Co and its competitors. This is 99% below median its historical median of 4,815.92. Over the past decade, Nittoku Co's Interest Coverage has ranged from 18.36 to 10,000.00. According to the industry distribution chart, Nittoku Co ranks #562 out of 2323 companies in the Industrial Products industry, placing it in the top 24.2%.
Is Nittoku Co's Interest Coverage too high?
Nittoku Co's current Interest Coverage of 50.44 is 99% below median its 10-year median of 4,815.92. Over the past 10 years, this metric has ranged from a low of 18.36 to a high of 10,000.00. The Industrial Products industry median Interest Coverage is 14.72. Nittoku Co's value of 50.44 is 242.7% above this industry median. Based on the distribution chart, Nittoku Co ranks #562 out of 2323 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nittoku Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nittoku Co's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Nittoku Co ranks #562 out of 2323 companies for Interest Coverage. This places Nittoku Co in the top 24% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.72. Nittoku Co's value of 50.44 is 242.7% above this benchmark. Historically, Nittoku Co's own Interest Coverage has ranged from 18.36 to 10,000.00 over the past decade. While the company's 10-year median is 4,815.92 vs. the industry median of 14.72, Nittoku 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.72, based on 2,323 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. Nittoku Co's current Interest Coverage of 50.44 is 242.7% 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 Nittoku Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nittoku Co's current Interest Coverage is 50.44, which is 99% below median its own 10-year median of 4,815.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nittoku Co stock overvalued right now?
Based on GuruFocus' analysis, Nittoku Co (TSE:6145) is currently considered Fairly Valued. The stock's GF Value™ is 円2,859.89, compared to a current price of 円2,835.00 — trading 0.9% below its estimated fair value. The current Interest Coverage is 50.44, which is 99% below median its 10-year median of 4,815.92 and 242.7% above the Industrial Products industry median of 14.72. Nittoku Co's overall GF Score™ is 92/100. 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 Nittoku Co (TSE:6145), the current Interest Coverage is 50.44 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 Nittoku Co (TSE:6145) Overvalued in 2026?

Based on GuruFocus' analysis, Nittoku Co stock appears to be undervalued. The current stock price of 円2,835.00 is trading 0.9% below its estimated GF Value™ of 円2,859.89. GuruFocus considers Nittoku Co to be Fairly Valued.

Key valuation signals for TSE:6145:

  • Interest Coverage: 50.44 (99% below median its 10-year median of 4,815.92)
  • GF Value™: 円2,859.89 vs. price of 円2,835.00 (0.9% below fair value)
  • GF Score™: 92/100
  • Industry Position: 242.7% above the Industrial Products median (#562 of 2323)

No single metric tells the full story. See the TSE:6145 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nittoku Co Business Description

Address 292-1 Higashimachi, Omiya-ku, Saitama Prefecture, Saitama, JPN, 3368561
Nittoku Co Ltd is a Japan-based company engaged in the manufacturing and sale of coil winding machines and peripheral systems. It also engaged in the factory automation systems and contactless smart cards and parts thereof. The product portfolio of the company includes Relay, Injector coil, Pick up coil, Bobbinless coil, and IC Card among others. The company operates in two reportable segments are the NICS business and the contactless IC tag and card business.
92GF Score

Get the complete analysis for TSE:6145

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

円2,835.00
Price
円2,859.89
GF Value