Giga Solar Materials (ROCO:3691) Interest Coverage: 0 (At Loss) (As of Jun. 2026)

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ROCO:3691 Giga Solar Materials Corp ROCO:3691
56 GF Score
Price NT$106.50
GF Value NT$157.33
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Giga Solar Materials Interest Coverage?

Giga Solar Materials ROCO:3691 +9.57% 56 Interest Coverage is 0 (At Loss) as of Jun. 2026. GuruFocus rates ROCO:3691 with a GF Score™ of 56/100 and a GF Value™ of NT$157.33 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 668 Semiconductors companies, Giga Solar Materials ranks worse than 92.66% 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. Giga Solar Materials's Operating Income for the three months ended in Jun. 2026 was NT$-4 Mil. Giga Solar Materials's Interest Expense for the three months ended in Jun. 2026 was NT$-33 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Giga Solar Materials Corp interest coverage is 1.23, which is low.

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

ROCO:3691' s Interest Coverage Range Over the Past 10 Years
Min: 0.05   Med: 1.25   Max: 7.32
Current: 1.23


ROCO:3691's Interest Coverage is ranked worse than
92.66% of 668 companies
in the Semiconductors industry
Industry Median: 23.535 vs ROCO:3691: 1.23

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


Giga Solar Materials  (ROCO:3691) 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 .


Giga Solar Materials Interest Coverage Related Terms


Giga Solar Materials Interest Coverage Historical Data

* Premium members only.

The historical data trend for Giga Solar Materials'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.

Giga Solar Materials Interest Coverage Chart

Giga Solar Materials 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 0.00 0.00 0.00 0.00 0.00

Giga Solar Materials 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 0.00 0.00 0.00 9.96 0.00

ROCO:3691 vs FSLR, NXT, ENPH: Interest Coverage Comparison

For the Solar subindustry, Giga Solar Materials'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.


Giga Solar Materials Interest Coverage vs Semiconductors Industry

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

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


ROCO:3691
56GF Score
Giga Solar Materials Corp ROCO:3691
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Giga Solar Materials 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.

Giga Solar Materials'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, Giga Solar Materials's Interest Expense was NT$-88 Mil. Its Operating Income was NT$-445 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$3,438 Mil.

Giga Solar Materials did not have earnings to cover the interest expense.

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

Here, for the three months ended in Jun. 2026, Giga Solar Materials's Interest Expense was NT$-33 Mil. Its Operating Income was NT$-4 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$3,541 Mil.

Giga Solar Materials 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.

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 0 (At Loss) mean?
Giga Solar Materials (ROCO:3691) has a Interest Coverage of 0 (At Loss) as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Giga Solar Materials and its competitors. Over the past decade, Giga Solar Materials' Interest Coverage has ranged from 0.05 to 7.32. According to the industry distribution chart, Giga Solar Materials ranks #619 out of 668 companies in the Semiconductors industry, placing it in the top 92.7%.
Is Giga Solar Materials' Interest Coverage too high?
Giga Solar Materials' current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 7.32. Based on the distribution chart, Giga Solar Materials ranks #619 out of 668 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Giga Solar Materials has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Giga Solar Materials' Interest Coverage compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Giga Solar Materials ranks #619 out of 668 companies for Interest Coverage. This places Giga Solar Materials in the lower half of its industry. The industry median Interest Coverage is 23.54. Historically, Giga Solar Materials' own Interest Coverage has ranged from 0.05 to 7.32 over the past decade. 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 23.54, based on 668 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 Giga Solar Materials and its competitors. For the Semiconductors industry, the median Interest Coverage is 23.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Giga Solar Materials'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 Giga Solar Materials stock overvalued right now?
Based on GuruFocus' analysis, Giga Solar Materials (ROCO:3691) is currently considered Possible Value Trap. The stock's GF Value™ is NT$157.33, compared to a current price of NT$106.50 — trading 32.3% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Giga Solar Materials' overall GF Score™ is 56/100 with 8 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 Giga Solar Materials (ROCO:3691), the current Interest Coverage is 0 (At Loss) 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 Giga Solar Materials (ROCO:3691) Overvalued in 2026?

Based on GuruFocus' analysis, Giga Solar Materials stock appears to be undervalued. The current stock price of NT$106.50 is trading 32.3% below its estimated GF Value™ of NT$157.33. GuruFocus considers Giga Solar Materials to be Possible Value Trap.

Key valuation signals for ROCO:3691:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: NT$157.33 vs. price of NT$106.50 (32.3% below fair value)
  • GF Score™: 56/100 with 8 warning signs

No single metric tells the full story. See the ROCO:3691 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Giga Solar Materials Business Description

Address 122-18, Zhonghua Road, Hukou Township, Hsinchu County, Hukou Township, Hsinchu, TWN, 30351
Giga Solar Materials Corp is engaged in the research and development (R&D), manufacturing, and sales of solar conductive plasma. Its product includes Conductive Paste for Photovoltaic Cells, Quality Assurance System for Conductive Paste, Solutions to Solar Energy Cells and Li-ion Battery Materials.
56GF Score

Get the complete analysis for ROCO:3691

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

NT$106.50
Price
NT$157.33
GF Value