Nitto Denko

Nitto Denko Interest Coverage

The Interest Coverage Ratio of Nitto Denko (6988.T) as of Nov 3, 2026 is 40.16. In the previous year, Interest Coverage Ratio was 32.37 — a change of 24.07% (higher).

Interest Coverage

40.16

YoY

24.07%

Last updated:

Interest Coverage Ratio of Nitto Denko is 2025 40.16 . Interest Coverage Ratio of Nitto Denko was 2024 32.37 . It decreases by 24.07% higher compared to the previous year.

The Nitto Denko Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
296.00 JPY
Jan 1, 2019
271.49 JPY
Jan 1, 2020
171.42 JPY
Jan 1, 2021
260.95 JPY
Jan 1, 2022
98.11 JPY
Jan 1, 2023
241.39 JPY
Jan 1, 2024
32.37 JPY
Jan 1, 2025
40.16 JPY
The Nitto Denko Interest Coverage history
YEARInterest CoverageYoY
40.16+24.07%
32.37-86.59%
241.39+146.03%
98.11-62.40%
260.95+52.23%
171.42-36.86%
271.49-8.28%
296.00+136.25%
125.29-95.39%
2,720.20+2,021.34%
128.23+781.17%
14.55—

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Nitto Denko Stock analysis

What does Nitto Denko do? Nitto Denko Corp is a Japanese company specialized in the production of adhesive tapes, electronic components, and other specialty products. It was founded in 1918 and is headquartered in Osaka, Japan. Nitto Denko is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Nitto Denko stock

Interest Coverage Ratio of Nitto Denko is 40.16 in 2025.

Interest Coverage Ratio of Nitto Denko changed from 32.37 to 40.16, representing a 24.07% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Nitto Denko 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 Nitto Denko with sector peers and the industry average to assess whether it is attractive.

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Leverage — Nitto Denko

All Key Metrics — Nitto Denko