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. Nissei Plastic Industrial Co's
Operating Income
for the
six
months ended in Sep. 2025 was 円-1,058 Mil. Nissei Plastic Industrial Co's Interest Expense for the
six
months ended in Sep. 2025 was 円-128 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 Nissei Plastic Industrial Co's Interest Coverage or its related term are showing as below:
TSE:6293's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 14.835 * Ranked among companies with meaningful Interest Coverage only.
Nissei Plastic Industrial Co (TSE:6293) 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 .
Nissei Plastic Industrial Co Interest Coverage Related Terms
Nissei Plastic Industrial Co Interest Coverage Historical Data
* 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.
Nissei Plastic Industrial Co Interest Coverage Chart
TSE:6293 vs GEV, ETN, PH: Interest Coverage Comparison
For the Specialty Industrial Machinery subindustry, Nissei Plastic Industrial 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.
Nissei Plastic Industrial Co Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nissei Plastic Industrial Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Nissei Plastic Industrial Co's Interest Coverage falls into.
Nissei Plastic Industrial 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:
Nissei Plastic Industrial 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?
Nissei Plastic Industrial Co (TSE:6293) has a Interest Coverage of 0 (At Loss) as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nissei Plastic Industrial Co and its competitors.
Is Nissei Plastic Industrial Co's Interest Coverage too high?
Nissei Plastic Industrial Co's current Interest Coverage is 0 (At Loss). Overall, Nissei Plastic Industrial Co has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Nissei Plastic Industrial Co's Interest Coverage compare to GEV and ETN?
Nissei Plastic Industrial Co's Interest Coverage of 0 (At Loss) can be compared against companies in the Industrial Products industry. The industry median Interest Coverage is 14.84. 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 14.84, based on 2,324 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 Nissei Plastic Industrial Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nissei Plastic Industrial 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 Nissei Plastic Industrial Co stock overvalued right now?
Nissei Plastic Industrial Co (TSE:6293) has a current Interest Coverage of 0 (At Loss). The stock's GF Value™ is 円943.08, compared to a current price of 円873.00 — trading 7.4% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Nissei Plastic Industrial Co's overall GF Score™ is 44/100 with 8 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 Nissei Plastic Industrial Co (TSE:6293), the current Interest Coverage is 0 (At Loss) as of Sep. 2025. 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 Nissei Plastic Industrial Co (TSE:6293) Overvalued in 2026?
Based on GuruFocus' analysis, Nissei Plastic Industrial Co stock appears to be undervalued.
The current stock price of 円873.00 is trading 7.4% below its estimated GF Value™ of 円943.08.
Key valuation signals for TSE:6293:
Interest Coverage: 0 (At Loss)
GF Value™: 円943.08 vs. price of 円873.00 (7.4% below fair value)
No single metric tells the full story. See the TSE:6293 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nissei Plastic Industrial Co Ltd is an injection molding machine manufacturer. Its products made by injection molding machines are used to provide food, medical care, and a variety of other goods to consumers around the world. The company's products include Horizontal Injection Molding Machine, Vertical Injection Molding Machine, Special Injection Molding Machine, and Quality & Production Control System.
44GF Score
Get the complete analysis for TSE:6293
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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