Oiles (TSE:6282) Interest Coverage: 1,018.50 (As of Mar. 2026) — 280% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:6282 Oiles Corp TSE:6282
80 GF Score
Price 円2,822.00
GF Value 円2,375.45
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Oiles Interest Coverage?

Oiles TSE:6282 -1.71% 80 Interest Coverage is 1,018.50 as of Mar. 2026, which is 280% above its 10-year median of 267.89. GuruFocus rates TSE:6282 with a GF Score™ of 80/100 and a GF Value™ of 円2,375.45 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 2,322 Industrial Products companies, Oiles ranks better than 93.71% 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. Oiles's Operating Income for the three months ended in Mar. 2026 was 円2,037 Mil. Oiles's Interest Expense for the three months ended in Mar. 2026 was 円-2 Mil. Oiles's interest coverage for the quarter that ended in Mar. 2026 was 1,018.50. 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. Oiles Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

TSE:6282' s Interest Coverage Range Over the Past 10 Years
Min: 174.83   Med: 267.89   Max: 811.33
Current: 774.33


TSE:6282's Interest Coverage is ranked better than
93.71% of 2322 companies
in the Industrial Products industry
Industry Median: 14.735 vs TSE:6282: 774.33

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


Oiles  (TSE:6282) 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 .


Oiles Interest Coverage Related Terms


Oiles Interest Coverage Historical Data

* Premium members only.

The historical data trend for Oiles'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.

Oiles Interest Coverage Chart

Oiles 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 266.77 506.40 811.33 694.80 774.33

Oiles 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 863.50 335.20 0.00 425.50 1,018.50

TSE:6282 vs SNA, RBC, LECO: Interest Coverage Comparison

For the Tools & Accessories subindustry, Oiles'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.


Oiles Interest Coverage vs Industrial Products Industry

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

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


TSE:6282
80GF Score
Oiles Corp TSE:6282
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oiles 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.

Oiles'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, Oiles's Interest Expense was 円-9 Mil. Its Operating Income was 円6,969 Mil. And its Long-Term Debt & Capital Lease Obligation was 円1,693 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*6969/-9
=774.33

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

Here, for the three months ended in Mar. 2026, Oiles's Interest Expense was 円-2 Mil. Its Operating Income was 円2,037 Mil. And its Long-Term Debt & Capital Lease Obligation was 円1,693 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2037/-2
=1,018.50

* 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 1,018.50 mean?
Oiles (TSE:6282) has a Interest Coverage of 1,018.50 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Oiles and its competitors. This is 280% above median its historical median of 267.89. Over the past decade, Oiles' Interest Coverage has ranged from 174.83 to 811.33. According to the industry distribution chart, Oiles ranks #146 out of 2322 companies in the Industrial Products industry, placing it in the top 6.3%.
Is Oiles' Interest Coverage too high?
Oiles' current Interest Coverage of 1,018.50 is 280% above median its 10-year median of 267.89. Over the past 10 years, this metric has ranged from a low of 174.83 to a high of 811.33. The Industrial Products industry median Interest Coverage is 14.74. Oiles' value of 1,018.50 is 6812.1% above this industry median. Based on the distribution chart, Oiles ranks #146 out of 2322 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Oiles has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oiles' Interest Coverage compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Oiles ranks #146 out of 2322 companies for Interest Coverage. This places Oiles in the top 6% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.74. Oiles' value of 1,018.50 is 6812.1% above this benchmark. Historically, Oiles' own Interest Coverage has ranged from 174.83 to 811.33 over the past decade. While the company's 10-year median is 267.89 vs. the industry median of 14.74, Oiles 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 14.74, based on 2,322 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. Oiles's current Interest Coverage of 1,018.50 is 6812.1% 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 Oiles and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oiles's current Interest Coverage is 1,018.50, which is 280% above median its own 10-year median of 267.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oiles stock overvalued right now?
Based on GuruFocus' analysis, Oiles (TSE:6282) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,375.45, compared to a current price of 円2,822.00 — trading 18.8% above its estimated fair value. The current Interest Coverage is 1,018.50, which is 280% above median its 10-year median of 267.89 and 6812.1% above the Industrial Products industry median of 14.74. Oiles' overall GF Score™ is 80/100 with 5 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 Oiles (TSE:6282), the current Interest Coverage is 1,018.50 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 Oiles (TSE:6282) Overvalued in 2026?

Based on GuruFocus' analysis, Oiles stock appears to be overvalued. The current stock price of 円2,822.00 is trading 18.8% above its estimated GF Value™ of 円2,375.45. GuruFocus considers Oiles to be Modestly Overvalued.

Key valuation signals for TSE:6282:

  • Interest Coverage: 1,018.50 (280% above median its 10-year median of 267.89)
  • GF Value™: 円2,375.45 vs. price of 円2,822.00 (18.8% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 6812.1% above the Industrial Products median (#146 of 2322)

No single metric tells the full story. See the TSE:6282 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Oiles Business Description

Address 8 Kirihara-cho, Fujisawa-shi, JPN, 252-0811
Oiles Corp is a Japan-based machine industry company. It provides oilless bearing devices, earthquake isolation and damping devices, bridge bearings, suspension bridge bearings, and related devices, and window operating systems for high windows and smoke evacuation windows and related devices. The company's business segments include Bearing segment, Structural devices segment, and Architectural devices segment.
80GF Score

Get the complete analysis for TSE:6282

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

円2,822.00
Price
円2,375.45
GF Value