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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. Higher Way Electronic Co's
Operating Income
for the
three
months ended in Dec. 2025 was NT$-4.0 Mil. Higher Way Electronic Co's Interest Expense for the
three
months ended in Dec. 2025 was NT$-2.3 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 Higher Way Electronic Co's Interest Coverage or its related term are showing as below:
ROCO:3268's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 20.5 * Ranked among companies with meaningful Interest Coverage only.
Higher Way Electronic Co (ROCO:3268) 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 .
Higher Way Electronic Co Interest Coverage Related Terms
Higher Way Electronic Co Interest Coverage Historical Data
* 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:3268 vs NVDA, AVGO, MU: Interest Coverage Comparison
For the Semiconductors subindustry, Higher Way Electronic 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.
Higher Way Electronic Co Interest Coverage vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Higher Way Electronic Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Higher Way Electronic Co's Interest Coverage falls into.
Higher Way Electronic 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:
Higher Way Electronic 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?
Higher Way Electronic Co (ROCO:3268) 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 Higher Way Electronic Co and its competitors. According to the industry distribution chart, Higher Way Electronic Co ranks #999999 out of 637 companies in the Semiconductors industry.
Is Higher Way Electronic Co's Interest Coverage too high?
Higher Way Electronic Co's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Higher Way Electronic Co ranks #999999 out of 637 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Higher Way Electronic Co has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Higher Way Electronic Co's Interest Coverage compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Higher Way Electronic Co ranks #999999 out of 637 companies for Interest Coverage. This places Higher Way Electronic Co in the lower half of its industry. The industry median Interest Coverage is 20.50. 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.50, based on 637 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 Higher Way Electronic Co and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Higher Way Electronic 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 Higher Way Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, Higher Way Electronic Co (ROCO:3268) is currently considered Fairly Valued. The stock's GF Value™ is NT$20.73, compared to a current price of NT$19.30 — trading 6.9% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Higher Way Electronic Co's overall GF Score™ is 56/100 with 5 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 Higher Way Electronic Co (ROCO:3268), 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 Higher Way Electronic Co (ROCO:3268) Overvalued in 2026?
Based on GuruFocus' analysis, Higher Way Electronic Co stock appears to be undervalued.
The current stock price of NT$19.30 is trading 6.9% below its estimated GF Value™ of NT$20.73.
GuruFocus considers Higher Way Electronic Co to be Fairly Valued.
Key valuation signals for ROCO:3268:
Interest Coverage: 0 (At Loss)
GF Value™: NT$20.73 vs. price of NT$19.30 (6.9% below fair value)
No single metric tells the full story. See the ROCO:3268 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Higher Way Electronic Co Ltd is engaged in providing IC chip integration services and embedded system. Its products include multi-media controller ICs, speech, and music ICs, memory device ICs, optoelectronic devices, LCD controller ICs, and others.
56GF Score
Get the complete analysis for ROCO:3268
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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