Kanemitsu

Kanemitsu Interest Coverage

The Interest Coverage Ratio of Kanemitsu (7208.T) as of Oct 22, 2026 is 24.55. In the previous year, Interest Coverage Ratio was 6.61 — a change of 271.49% (higher).

Interest Coverage

24.55

YoY

271.49%

Last updated:

Interest Coverage Ratio of Kanemitsu is 2025 24.55 . Interest Coverage Ratio of Kanemitsu was 2024 6.61 . It decreases by 271.49% higher compared to the previous year.

The Kanemitsu Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
167.01 JPY
Jan 1, 2019
60.58 JPY
Jan 1, 2020
6.61 JPY
Jan 1, 2021
-17.96 JPY
Jan 1, 2022
9.54 JPY
Jan 1, 2023
18.08 JPY
Jan 1, 2024
6.61 JPY
Jan 1, 2025
24.55 JPY
The Kanemitsu Interest Coverage history
YEARInterest CoverageYoY
24.55+271.49%
6.61-63.45%
18.08+89.49%
9.54-153.12%
-17.96-371.56%
6.61-89.08%
60.58-63.73%
167.01+718.63%
20.40+270.45%
5.51+19.89%
4.59-93.84%
74.57—

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Kanemitsu Stock analysis

What does Kanemitsu do? Kanemitsu Corp. generates revenue through the design, development, manufacture, and sale of sheet metal pulleys for vehicles, agricultural machinery, and general equipment. The main product, steel sheet pulleys, is categorized into single pulleys, double pulleys, poly-V pulleys, and flat pulleys based on belt types used in automotive engines. These pulleys are installed in water pumps, crankshafts, alternators, power steering systems, air compressors, and tension regulators of automobile engines. The company also leverages its plastic forming technology to develop and manufacture additional automotive parts, including airbag components and transmission parts, as well as gear products for various applications. The primary buyers of Kanemitsu Corp.'s products are manufacturers of vehicles, agricultural machinery, and general equipment. The company focuses on supplying components for automotive engines, particularly for systems like water pumps and alternators, as well as for agricultural machinery applications. By utilizing its plastic forming technology, Kanemitsu Corp. expands its product offerings beyond pulleys to include specialized automotive parts and gear products, targeting the same industrial segments. Kanemitsu Corp.'s revenue streams are derived from the sale of steel sheet pulleys across four categories and the manufacturing of additional automotive parts and gear products. The company's core business remains the production of pulleys for automotive and agricultural machinery, with a secondary focus on developing and selling specialized components such as airbag parts and transmission parts. This dual approach allows the company to serve multiple segments within the automotive and machinery industries. Kanemitsu is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Kanemitsu stock

Interest Coverage Ratio of Kanemitsu is 24.55 in 2025.

Interest Coverage Ratio of Kanemitsu changed from 6.61 to 24.55, representing a 271.49% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Kanemitsu since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Kanemitsu with sector peers and the industry average to assess whether it is attractive.

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