Tainet Communication System (ROCO:4905) Interest Coverage: 0.24 (As of Mar. 2026) — Near 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:4905 Tainet Communication System Corp ROCO:4905
45 GF Score
Price NT$84.70
! 7 Warning Signs
View Full Analysis

What is Tainet Communication System Interest Coverage?

Tainet Communication System ROCO:4905 +10.00% 45 Interest Coverage is 0.24 as of Mar. 2026, which is 4% above its 10-year median of 0.23. GuruFocus rates ROCO:4905 with a GF Score™ of 45/100. The stock has 7 warning signs investors should review. Among 1,673 Hardware companies, Tainet Communication System ranks worse than 99.82% 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. Tainet Communication System's Operating Income for the three months ended in Mar. 2026 was NT$1.2 Mil. Tainet Communication System's Interest Expense for the three months ended in Mar. 2026 was NT$-5.2 Mil. Tainet Communication System's interest coverage for the quarter that ended in Mar. 2026 was 0.24. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Tainet Communication System's Interest Coverage or its related term are showing as below:

ROCO:4905' s Interest Coverage Range Over the Past 10 Years
Min: 0.03   Med: 0.23   Max: 0.31
Current: 0.03


ROCO:4905's Interest Coverage is ranked worse than
99.82% of 1673 companies
in the Hardware industry
Industry Median: 14.59 vs ROCO:4905: 0.03

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


Tainet Communication System  (ROCO:4905) 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 .


Tainet Communication System Interest Coverage Related Terms


Tainet Communication System Interest Coverage Historical Data

* Premium members only.

The historical data trend for Tainet Communication System'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.

Tainet Communication System Interest Coverage Chart

Tainet Communication System 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 0.15 0.31

Tainet Communication System Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.33 0.27 0.00 0.06 0.24

ROCO:4905 vs CSCO, MSI, HPE: Interest Coverage Comparison

For the Communication Equipment subindustry, Tainet Communication System'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.


Tainet Communication System Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Tainet Communication System's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Tainet Communication System's Interest Coverage falls into.


ROCO:4905
45GF Score
Tainet Communication System Corp ROCO:4905
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tainet Communication System 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.

Tainet Communication System'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, Tainet Communication System's Interest Expense was NT$-23.6 Mil. Its Operating Income was NT$7.2 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$245.6 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*7.247/-23.596
=0.31

Tainet Communication System's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Tainet Communication System's Interest Expense was NT$-5.2 Mil. Its Operating Income was NT$1.2 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$288.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1.248/-5.193
=0.24

* 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 0.24 mean?
Tainet Communication System (ROCO:4905) has a Interest Coverage of 0.24 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tainet Communication System and its competitors. This is near median its historical median of 0.23. Over the past decade, Tainet Communication System's Interest Coverage has ranged from 0.03 to 0.31. According to the industry distribution chart, Tainet Communication System ranks #1670 out of 1673 companies in the Hardware industry, placing it in the top 99.8%.
Is Tainet Communication System's Interest Coverage too high?
Tainet Communication System's current Interest Coverage of 0.24 is near median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.31. The Hardware industry median Interest Coverage is 14.59. Tainet Communication System's value of 0.24 is 98.4% below this industry median. Based on the distribution chart, Tainet Communication System ranks #1670 out of 1673 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Tainet Communication System has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Tainet Communication System's Interest Coverage compare to CSCO and MSI?
According to the Hardware industry distribution chart, Tainet Communication System ranks #1670 out of 1673 companies for Interest Coverage. This places Tainet Communication System in the lower half of its industry. The industry median Interest Coverage is 14.59. Tainet Communication System's value of 0.24 is 98.4% below this benchmark. Historically, Tainet Communication System's own Interest Coverage has ranged from 0.03 to 0.31 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 14.59, Tainet Communication System has consistently been below 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 Hardware company?
The median Interest Coverage among Hardware companies is 14.59, based on 1,673 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. Tainet Communication System's current Interest Coverage of 0.24 is 98.4% below 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 Tainet Communication System and its competitors. For the Hardware industry, the median Interest Coverage is 14.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tainet Communication System's current Interest Coverage is 0.24, which is near median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tainet Communication System stock overvalued right now?
Tainet Communication System (ROCO:4905) has a current Interest Coverage of 0.24. The current Interest Coverage is 0.24, which is near median its 10-year median of 0.23 and 98.4% below the Hardware industry median of 14.59. Tainet Communication System's overall GF Score™ is 45/100 with 7 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 Tainet Communication System (ROCO:4905), the current Interest Coverage is 0.24 as of Mar. 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.

Tainet Communication System Business Description

Address No.108, Ruiguang Road, 3 floor, Huyuan Li, Neihu District, Taipei, TWN, 114
Tainet Communication System Corp is a manufacturer of digital transmission and switching equipment, data terminal equipment, line interface equipment (including telemetry devices), communication and traffic. Manufacturing, processing, trading and installation engineering business of replacement equipment, programmable power supplies, etc.
45GF Score

Get the complete analysis for ROCO:4905

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

NT$84.70
Price