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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. Tang Eng Iron Works Co's
Operating Income
for the
three
months ended in Dec. 2025 was NT$-375 Mil. Tang Eng Iron Works Co's Interest Expense for the
three
months ended in Dec. 2025 was NT$-54 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Tang Eng Iron Works Co's Interest Coverage or its related term are showing as below:
ROCO:2035's Interest Coverage is not ranked *
in the Steel industry.
Industry Median: 4.41 * Ranked among companies with meaningful Interest Coverage only.
Tang Eng Iron Works Co (ROCO:2035) 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 .
Tang Eng Iron Works Co Interest Coverage Related Terms
Tang Eng Iron Works Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Tang Eng Iron Works 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.
ROCO:2035 vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Tang Eng Iron Works 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.
Tang Eng Iron Works Co Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Tang Eng Iron Works Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Tang Eng Iron Works Co's Interest Coverage falls into.
Tang Eng Iron Works 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:
Tang Eng Iron Works Co did not have earnings to cover the interest expense.
* 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.
What does a Interest Coverage of 0 (At Loss) mean?
Tang Eng Iron Works Co (ROCO:2035) has a Interest Coverage of 0 (At Loss) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tang Eng Iron Works Co and its competitors. According to the industry distribution chart, Tang Eng Iron Works Co ranks #999999 out of 457 companies in the Steel industry.
Is Tang Eng Iron Works Co's Interest Coverage too high?
Tang Eng Iron Works Co's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Tang Eng Iron Works Co ranks #999999 out of 457 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Tang Eng Iron Works Co has a GF Score™ of 44/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tang Eng Iron Works Co's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Tang Eng Iron Works Co ranks #999999 out of 457 companies for Interest Coverage. This places Tang Eng Iron Works Co in the lower half of its industry. The industry median Interest Coverage is 4.41. 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 Steel company?
The median Interest Coverage among Steel companies is 4.41, based on 457 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. 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 Tang Eng Iron Works Co and its competitors. For the Steel industry, the median Interest Coverage is 4.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tang Eng Iron Works Co's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tang Eng Iron Works Co stock overvalued right now?
Based on GuruFocus' analysis, Tang Eng Iron Works Co (ROCO:2035) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$23.81, compared to a current price of NT$27.15 — trading 14% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Tang Eng Iron Works Co's overall GF Score™ is 44/100 with 9 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 Tang Eng Iron Works Co (ROCO:2035), the current Interest Coverage is 0 (At Loss) as of Dec. 2025. 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 Tang Eng Iron Works Co (ROCO:2035) Overvalued in 2026?
Based on GuruFocus' analysis, Tang Eng Iron Works Co stock appears to be overvalued.
The current stock price of NT$27.15 is trading 14% above its estimated GF Value™ of NT$23.81.
GuruFocus considers Tang Eng Iron Works Co to be Modestly Overvalued.
Key valuation signals for ROCO:2035:
Interest Coverage: 0 (At Loss)
GF Value™: NT$23.81 vs. price of NT$27.15 (14% above fair value)
No single metric tells the full story. See the ROCO:2035 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tang Eng Iron Works Co Ltd is engaged in the manufacture and trading of stainless steel products. Its products include Anti-bacterial Stainless-Steel Coils and Products; Crimped Steel Board; Anti-bacterial Stainless-Steel Products; Duplex Stainless Steel; and Precipitation Hardening Stainless Steel. The company has only one reportable segment: the stainless steel segment that mainly manufactures and trades stainless steel products.
44GF Score
Get the complete analysis for ROCO:2035
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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