THK Co

THK Co Interest Coverage

The Interest Coverage Ratio of THK Co (6481.T) as of Oct 12, 2026 is 13.61. In the previous year, Interest Coverage Ratio was 11.39 — a change of 19.49% (higher).

Interest Coverage

13.61

YoY

19.49%

Last updated:

Interest Coverage Ratio of THK Co is 2024 13.61 . Interest Coverage Ratio of THK Co was 2023 11.39 . It decreases by 19.49% higher compared to the previous year.

The THK Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
44.98 JPY
Jan 1, 2018
1,802.64 JPY
Jan 1, 2019
3,005.33 JPY
Jan 1, 2020
14.14 JPY
Jan 1, 2021
20.01 JPY
Jan 1, 2022
119.32 JPY
Jan 1, 2023
11.39 JPY
Jan 1, 2024
13.61 JPY
The THK Co Interest Coverage history
YEARInterest CoverageYoY
13.61+19.49%
11.39-90.46%
119.32+496.40%
20.01+41.48%
14.14-99.53%
3,005.33+66.72%
1,802.64+3,908.07%
44.98+322.88%
10.64+130.12%
4.62-21.33%
5.88—
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THK Co Stock analysis

What does THK Co do? THK Co Ltd is a Japanese company that was founded in 1971 and specializes in the manufacturing of linear motion products. The company operates worldwide and has subsidiaries in various countries such as the United States, China, Germany, and France. The company's history, however, began in 1948 when a man named Yasukichi Miyazaki opened a small tool shop in Japan. But it was not until 1971 that he founded THK Co Ltd with his experience and inventiveness. Since then, the company has become one of the world's leading manufacturers of linear motion products. THK's business model is based on high quality, innovation, and customer satisfaction. The offered products are of high precision and reliability, which makes them particularly attractive for use in the automation and manufacturing industry. THK offers a wide range of products that can be divided into various sectors. The main sectors are: 1. Linear motion: These are products such as ball screws, linear modules, and ball guides that make the movement of machines and devices more precise and efficient. 2. Automotive industry: THK also offers specialized products for the automotive industry that improve the production of cars and their components. These include, for example, universal joints used in modern cars' steering or drive shafts, as well as axles and differentials. 3. Medical devices: THK also manufactures products used in the medical industry. These include, for example, low-noise linear guides used in MRI or CT scanners. The products offered by THK are characterized by their high quality and accuracy. The company uses modern technologies such as CNC machines, laser cutting, and robot welding to ensure that the products meet the high demands of customers. An example of a THK product is the "ball screw system". This system consists of a ball screw and a matching nut. It is used to make the movements of machines more precise and efficient. The ball screw is driven by a motor shaft, and the rotation of the balls achieves linear motion. The system is capable of handling very high speeds and loads, making it an ideal product for use in the automation and manufacturing industry. Overall, THK Co Ltd is an innovative company specializing in the production of high-quality linear motion products. The company has a long history and operates globally. The offered products are characterized by their high accuracy and reliability and are used in various industries such as the automotive industry or the medical industry. THK Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about THK Co stock

Interest Coverage Ratio of THK Co is 13.61 in 2024.

Interest Coverage Ratio of THK Co changed from 11.39 to 13.61, representing a 19.49% change. The value is higher than the previous year.

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

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