Ta Chan Securities Co (ROCO:6020) Interest Coverage: 4.79 (As of Dec. 2025) — 56% Below Median


ROCO:6020 Ta Chan Securities Co Ltd ROCO:6020
61 GF Score
Price NT$22.70
GF Value NT$17.50
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Ta Chan Securities Co Interest Coverage?

Ta Chan Securities Co ROCO:6020 -1.09% 61 Interest Coverage is 4.79 as of Dec. 2025, which is 56% below its 10-year median of 10.88. GuruFocus rates ROCO:6020 with a GF Score™ of 61/100 and a GF Value™ of NT$17.50 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 429 Capital Markets companies, Ta Chan Securities Co ranks worse than 82.05% 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. Ta Chan Securities Co's Operating Income for the three months ended in Dec. 2025 was NT$45.3 Mil. Ta Chan Securities Co's Interest Expense for the three months ended in Dec. 2025 was NT$-9.5 Mil. Ta Chan Securities Co's interest coverage for the quarter that ended in Dec. 2025 was 4.79. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Ta Chan Securities Co's Interest Coverage or its related term are showing as below:

ROCO:6020' s Interest Coverage Range Over the Past 10 Years
Min: 2.04   Med: 10.88   Max: 153.51
Current: 2.04


ROCO:6020's Interest Coverage is ranked worse than
82.05% of 429 companies
in the Capital Markets industry
Industry Median: 19.63 vs ROCO:6020: 2.04

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


Ta Chan Securities Co  (ROCO:6020) 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 .


Ta Chan Securities Co Interest Coverage Related Terms


Ta Chan Securities Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ta Chan Securities 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.

Ta Chan Securities Co Interest Coverage Chart

Ta Chan Securities Co 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 153.51 0.00 12.37 4.48 2.04

Ta Chan Securities Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 2.35 0.00 5.77 4.79

ROCO:6020 vs MS, GS, SCHW: Interest Coverage Comparison

For the Capital Markets subindustry, Ta Chan Securities 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.


Ta Chan Securities Co Interest Coverage vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Ta Chan Securities Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ta Chan Securities Co's Interest Coverage falls into.


ROCO:6020
61GF Score
Ta Chan Securities Co Ltd ROCO:6020
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ta Chan Securities 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:

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.

Ta Chan Securities Co'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, Ta Chan Securities Co's Interest Expense was NT$-31.3 Mil. Its Operating Income was NT$63.7 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$3.5 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*63.701/-31.277
=2.04

Ta Chan Securities Co's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Ta Chan Securities Co's Interest Expense was NT$-9.5 Mil. Its Operating Income was NT$45.3 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$3.5 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*45.278/-9.457
=4.79

* 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 4.79 mean?
Ta Chan Securities Co (ROCO:6020) has a Interest Coverage of 4.79 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ta Chan Securities Co and its competitors. This is 56% below median its historical median of 10.88. Over the past decade, Ta Chan Securities Co's Interest Coverage has ranged from 2.04 to 153.51. According to the industry distribution chart, Ta Chan Securities Co ranks #352 out of 429 companies in the Capital Markets industry, placing it in the top 82.1%.
Is Ta Chan Securities Co's Interest Coverage too high?
Ta Chan Securities Co's current Interest Coverage of 4.79 is 56% below median its 10-year median of 10.88. Over the past 10 years, this metric has ranged from a low of 2.04 to a high of 153.51. The Capital Markets industry median Interest Coverage is 19.63. Ta Chan Securities Co's value of 4.79 is 75.6% below this industry median. Based on the distribution chart, Ta Chan Securities Co ranks #352 out of 429 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Ta Chan Securities Co has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ta Chan Securities Co's Interest Coverage compare to MS and GS?
According to the Capital Markets industry distribution chart, Ta Chan Securities Co ranks #352 out of 429 companies for Interest Coverage. This places Ta Chan Securities Co in the lower half of its industry. The industry median Interest Coverage is 19.63. Ta Chan Securities Co's value of 4.79 is 75.6% below this benchmark. Historically, Ta Chan Securities Co's own Interest Coverage has ranged from 2.04 to 153.51 over the past decade. While the company's 10-year median is 10.88 vs. the industry median of 19.63, Ta Chan Securities Co 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 Capital Markets company?
The median Interest Coverage among Capital Markets companies is 19.63, based on 429 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. Ta Chan Securities Co's current Interest Coverage of 4.79 is 75.6% 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 Ta Chan Securities Co and its competitors. For the Capital Markets industry, the median Interest Coverage is 19.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ta Chan Securities Co's current Interest Coverage is 4.79, which is 56% below median its own 10-year median of 10.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ta Chan Securities Co stock overvalued right now?
Based on GuruFocus' analysis, Ta Chan Securities Co (ROCO:6020) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$17.50, compared to a current price of NT$22.70 — trading 29.7% above its estimated fair value. The current Interest Coverage is 4.79, which is 56% below median its 10-year median of 10.88 and 75.6% below the Capital Markets industry median of 19.63. Ta Chan Securities Co's overall GF Score™ is 61/100 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 Ta Chan Securities Co (ROCO:6020), the current Interest Coverage is 4.79 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 Ta Chan Securities Co (ROCO:6020) Overvalued in 2026?

Based on GuruFocus' analysis, Ta Chan Securities Co stock appears to be overvalued. The current stock price of NT$22.70 is trading 29.7% above its estimated GF Value™ of NT$17.50. GuruFocus considers Ta Chan Securities Co to be Modestly Overvalued.

Key valuation signals for ROCO:6020:

  • Interest Coverage: 4.79 (56% below median its 10-year median of 10.88)
  • GF Value™: NT$17.50 vs. price of NT$22.70 (29.7% above fair value)
  • GF Score™: 61/100 with 8 warning signs
  • Industry Position: 75.6% below the Capital Markets median (#352 of 429)

No single metric tells the full story. See the ROCO:6020 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ta Chan Securities Co Business Description

Address No. 17, Section 1, Chengde Road, Datong District, 17th Floor, Taipei, TWN, 10351
Ta Chan Securities Co Ltd is a securities service provider institution. The company is engaged in brokerage, trade, and underwriting of securities, futures, and margin trading. It is also involved in the securities lending business. Its segments include Brokerage Department, Investment Banking Department, Proprietary Trading Department, and Other Departments. It generates the majority of its revenue from the Proprietary Trading business.
61GF Score

Get the complete analysis for ROCO:6020

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

NT$22.70
Price
NT$17.50
GF Value