Ogura Clutch Co (TSE:6408) Interest Coverage: 6.30 (As of Mar. 2026) — 32% Above Median

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TSE:6408 Ogura Clutch Co Ltd TSE:6408
61 GF Score
Price 円4,015.00
GF Value 円3,120.84
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Ogura Clutch Co Interest Coverage?

Ogura Clutch Co TSE:6408 +0.63% 61 Interest Coverage is 6.30 as of Mar. 2026, which is 32% above its 10-year median of 4.78. GuruFocus rates TSE:6408 with a GF Score™ of 61/100 and a GF Value™ of 円3,120.84 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,322 Industrial Products companies, Ogura Clutch Co ranks worse than 74.25% 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. Ogura Clutch Co's Operating Income for the six months ended in Mar. 2026 was 円869 Mil. Ogura Clutch Co's Interest Expense for the six months ended in Mar. 2026 was 円-138 Mil. Ogura Clutch Co's interest coverage for the quarter that ended in Mar. 2026 was 6.30. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Ogura Clutch Co Ltd interest coverage is 4.78, which is low.

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

TSE:6408' s Interest Coverage Range Over the Past 10 Years
Min: 1.5   Med: 4.78   Max: 9.61
Current: 4.78


TSE:6408's Interest Coverage is ranked worse than
74.25% of 2322 companies
in the Industrial Products industry
Industry Median: 14.735 vs TSE:6408: 4.78

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


Ogura Clutch Co  (TSE:6408) 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 .


Ogura Clutch Co Interest Coverage Related Terms


Ogura Clutch Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ogura Clutch 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.

Ogura Clutch Co Interest Coverage Chart

Ogura Clutch 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 0.00 2.38 0.00 1.50 4.78

Ogura Clutch Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 1.46 1.54 3.40 6.30

TSE:6408 vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Ogura Clutch 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.


Ogura Clutch Co Interest Coverage vs Industrial Products Industry

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

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


TSE:6408
61GF Score
Ogura Clutch Co Ltd TSE:6408
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ogura Clutch 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.

Ogura Clutch 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, Ogura Clutch Co's Interest Expense was 円-289 Mil. Its Operating Income was 円1,382 Mil. And its Long-Term Debt & Capital Lease Obligation was 円4,858 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1382/-289
=4.78

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

Here, for the six months ended in Mar. 2026, Ogura Clutch Co's Interest Expense was 円-138 Mil. Its Operating Income was 円869 Mil. And its Long-Term Debt & Capital Lease Obligation was 円4,858 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*869/-138
=6.30

* 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 6.30 mean?
Ogura Clutch Co (TSE:6408) has a Interest Coverage of 6.30 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ogura Clutch Co and its competitors. This is 32% above median its historical median of 4.78. Over the past decade, Ogura Clutch Co's Interest Coverage has ranged from 1.50 to 9.61. According to the industry distribution chart, Ogura Clutch Co ranks #1724 out of 2322 companies in the Industrial Products industry, placing it in the top 74.2%.
Is Ogura Clutch Co's Interest Coverage too high?
Ogura Clutch Co's current Interest Coverage of 6.30 is 32% above median its 10-year median of 4.78. Over the past 10 years, this metric has ranged from a low of 1.50 to a high of 9.61. The Industrial Products industry median Interest Coverage is 14.74. Ogura Clutch Co's value of 6.30 is 57.2% below this industry median. Based on the distribution chart, Ogura Clutch Co ranks #1724 out of 2322 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Ogura Clutch Co has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ogura Clutch Co's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Ogura Clutch Co ranks #1724 out of 2322 companies for Interest Coverage. This places Ogura Clutch Co in the lower half of its industry. The industry median Interest Coverage is 14.74. Ogura Clutch Co's value of 6.30 is 57.2% below this benchmark. Historically, Ogura Clutch Co's own Interest Coverage has ranged from 1.50 to 9.61 over the past decade. While the company's 10-year median is 4.78 vs. the industry median of 14.74, Ogura Clutch Co has consistently been below 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. Ogura Clutch Co's current Interest Coverage of 6.30 is 57.2% below 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 Ogura Clutch Co 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. Ogura Clutch Co's current Interest Coverage is 6.30, which is 32% above median its own 10-year median of 4.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ogura Clutch Co stock overvalued right now?
Based on GuruFocus' analysis, Ogura Clutch Co (TSE:6408) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,120.84, compared to a current price of 円4,015.00 — trading 28.7% above its estimated fair value. The current Interest Coverage is 6.30, which is 32% above median its 10-year median of 4.78 and 57.2% below the Industrial Products industry median of 14.74. Ogura Clutch Co's overall GF Score™ is 61/100 with 4 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 Ogura Clutch Co (TSE:6408), the current Interest Coverage is 6.30 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 Ogura Clutch Co (TSE:6408) Overvalued in 2026?

Based on GuruFocus' analysis, Ogura Clutch Co stock appears to be overvalued. The current stock price of 円4,015.00 is trading 28.7% above its estimated GF Value™ of 円3,120.84. GuruFocus considers Ogura Clutch Co to be Modestly Overvalued.

Key valuation signals for TSE:6408:

  • Interest Coverage: 6.30 (32% above median its 10-year median of 4.78)
  • GF Value™: 円3,120.84 vs. price of 円4,015.00 (28.7% above fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 57.2% below the Industrial Products median (#1724 of 2322)

No single metric tells the full story. See the TSE:6408 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ogura Clutch Co Business Description

Address 2-678, Aioi-cho, Gumma Perfecture, Kiryu, JPN
Ogura Clutch Co Ltd. is engaged in manufacturing and selling of various types of clutch brakes for office machines, machine tools, construction machines and industrial machines, fiber tensioner, automotive A/C clutches, superchargers, power clutches, oil mist separators, high-pressure coolant systems, disaster prevention systems, among others.
61GF Score

Get the complete analysis for TSE:6408

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

円4,015.00
Price
円3,120.84
GF Value