Solar Applied Materials Technology (ROCO:1785) Interest Coverage: 11.96 (As of Jun. 2026) — 93% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:1785 Solar Applied Materials Technology Corp ROCO:1785
62 GF Score
Price NT$100.00
GF Value NT$105.46
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Solar Applied Materials Technology Interest Coverage?

Solar Applied Materials Technology ROCO:1785 -4.76% 62 Interest Coverage is 11.96 as of Jun. 2026, which is 93% above its 10-year median of 6.19. GuruFocus rates ROCO:1785 with a GF Score™ of 62/100 and a GF Value™ of NT$105.46 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,247 Chemicals companies, Solar Applied Materials Technology ranks better than 56.78% 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. Solar Applied Materials Technology's Operating Income for the three months ended in Jun. 2026 was NT$1,094 Mil. Solar Applied Materials Technology's Interest Expense for the three months ended in Jun. 2026 was NT$-91 Mil. Solar Applied Materials Technology's interest coverage for the quarter that ended in Jun. 2026 was 11.96. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Solar Applied Materials Technology's Interest Coverage or its related term are showing as below:

ROCO:1785' s Interest Coverage Range Over the Past 10 Years
Min: 1.55   Med: 6.19   Max: 15.36
Current: 15.36


ROCO:1785's Interest Coverage is ranked better than
56.78% of 1247 companies
in the Chemicals industry
Industry Median: 10.4 vs ROCO:1785: 15.36

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


Solar Applied Materials Technology  (ROCO:1785) 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 .


Solar Applied Materials Technology Interest Coverage Related Terms


Solar Applied Materials Technology Interest Coverage Historical Data

* Premium members only.

The historical data trend for Solar Applied Materials Technology'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.

Solar Applied Materials Technology Interest Coverage Chart

Solar Applied Materials Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.79 6.23 3.75 7.22 12.57

Solar Applied Materials Technology Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 12.81 11.20 15.20 23.18 11.96

ROCO:1785 vs CRS, ATI, MLI: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Solar Applied Materials Technology'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.


Solar Applied Materials Technology Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Solar Applied Materials Technology's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Solar Applied Materials Technology's Interest Coverage falls into.


ROCO:1785
62GF Score
Solar Applied Materials Technology Corp ROCO:1785
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Solar Applied Materials Technology 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.

Solar Applied Materials Technology's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Solar Applied Materials Technology's Interest Expense was NT$-330 Mil. Its Operating Income was NT$4,151 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$5,053 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*4150.843/-330.229
=12.57

Solar Applied Materials Technology's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Solar Applied Materials Technology's Interest Expense was NT$-91 Mil. Its Operating Income was NT$1,094 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$4,390 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*1094.419/-91.489
=11.96

* 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 11.96 mean?
Solar Applied Materials Technology (ROCO:1785) has a Interest Coverage of 11.96 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Solar Applied Materials Technology and its competitors. This is 93% above median its historical median of 6.19. Over the past decade, Solar Applied Materials Technology's Interest Coverage has ranged from 1.55 to 15.36. According to the industry distribution chart, Solar Applied Materials Technology ranks #539 out of 1247 companies in the Chemicals industry, placing it in the top 43.2%.
Is Solar Applied Materials Technology's Interest Coverage too high?
Solar Applied Materials Technology's current Interest Coverage of 11.96 is 93% above median its 10-year median of 6.19. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 15.36. The Chemicals industry median Interest Coverage is 10.40. Solar Applied Materials Technology's value of 11.96 is 15% above this industry median. Based on the distribution chart, Solar Applied Materials Technology ranks #539 out of 1247 companies in the Chemicals industry, which is above the industry midpoint. Overall, Solar Applied Materials Technology has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Solar Applied Materials Technology's Interest Coverage compare to CRS and ATI?
According to the Chemicals industry distribution chart, Solar Applied Materials Technology ranks #539 out of 1247 companies for Interest Coverage. This puts Solar Applied Materials Technology in the upper half of its industry. The industry median Interest Coverage is 10.40. Solar Applied Materials Technology's value of 11.96 is 15% above this benchmark. Historically, Solar Applied Materials Technology's own Interest Coverage has ranged from 1.55 to 15.36 over the past decade. While the company's 10-year median is 6.19 vs. the industry median of 10.40, Solar Applied Materials Technology has consistently been above 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 a Chemicals company?
The median Interest Coverage among Chemicals companies is 10.40, based on 1,247 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. Solar Applied Materials Technology's current Interest Coverage of 11.96 is 15% above 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 Solar Applied Materials Technology and its competitors. For the Chemicals industry, the median Interest Coverage is 10.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solar Applied Materials Technology's current Interest Coverage is 11.96, which is 93% above median its own 10-year median of 6.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solar Applied Materials Technology stock overvalued right now?
Based on GuruFocus' analysis, Solar Applied Materials Technology (ROCO:1785) is currently considered Fairly Valued. The stock's GF Value™ is NT$105.46, compared to a current price of NT$100.00 — trading 5.2% below its estimated fair value. The current Interest Coverage is 11.96, which is 93% above median its 10-year median of 6.19 and 15% above the Chemicals industry median of 10.40. Solar Applied Materials Technology's overall GF Score™ is 62/100 with 2 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 Solar Applied Materials Technology (ROCO:1785), the current Interest Coverage is 11.96 as of Jun. 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 Solar Applied Materials Technology (ROCO:1785) Overvalued in 2026?

Based on GuruFocus' analysis, Solar Applied Materials Technology stock appears to be undervalued. The current stock price of NT$100.00 is trading 5.2% below its estimated GF Value™ of NT$105.46. GuruFocus considers Solar Applied Materials Technology to be Fairly Valued.

Key valuation signals for ROCO:1785:

  • Interest Coverage: 11.96 (93% above median its 10-year median of 6.19)
  • GF Value™: NT$105.46 vs. price of NT$100.00 (5.2% below fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 15% above the Chemicals median (#539 of 1247)

No single metric tells the full story. See the ROCO:1785 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Solar Applied Materials Technology Business Description

Address No. 1, Gongye 3rd Road, Annan District, Tainan, TWN, 70955
Solar Applied Materials Technology Corp is a company involved in research and development and manufacturing of thin-film sputtering targets. It is engaged in manufacturing, processing, recycling, refining, and trading of sputtering targets for thin film, precious metal materials, and specialty chemicals for automobiles. The firm's operating segment includes Solar and Solar (KunShan). The firm generates the majority of its revenue from Solar (KunShan), which is principally engaged in producing photovoltaic sputtering targets for thin film, electroplating chemicals, specialty chemicals for automobiles, and electroplating processing.
62GF Score

Get the complete analysis for ROCO:1785

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

NT$100.00
Price
NT$105.46
GF Value