Ginar Technology Co (ROCO:6151) Interest Coverage: 49.75 (As of Jun. 2026) — 113% Above Median

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ROCO:6151 Ginar Technology Co Ltd ROCO:6151
72 GF Score
Price NT$35.90
GF Value NT$32.47
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Ginar Technology Co Interest Coverage?

Ginar Technology Co ROCO:6151 -0.14% 72 Interest Coverage is 49.75 as of Jun. 2026, which is 113% above its 10-year median of 23.33. GuruFocus rates ROCO:6151 with a GF Score™ of 72/100 and a GF Value™ of NT$32.47 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,261 Chemicals companies, Ginar Technology Co ranks better than 70.1% 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. Ginar Technology Co's Operating Income for the three months ended in Jun. 2026 was NT$86 Mil. Ginar Technology Co's Interest Expense for the three months ended in Jun. 2026 was NT$-2 Mil. Ginar Technology Co's interest coverage for the quarter that ended in Jun. 2026 was 49.75. The higher the ratio, the stronger the company's financial strength is.

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

ROCO:6151' s Interest Coverage Range Over the Past 10 Years
Min: 10.27   Med: 23.33   Max: 93.14
Current: 34.41


ROCO:6151's Interest Coverage is ranked better than
70.1% of 1261 companies
in the Chemicals industry
Industry Median: 11.37 vs ROCO:6151: 34.41

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


Ginar Technology Co  (ROCO:6151) 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 .


Ginar Technology Co Interest Coverage Related Terms


Ginar Technology Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ginar Technology 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.

Ginar Technology Co Interest Coverage Chart

Ginar Technology 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 93.14 32.42 17.33 21.41 25.25

Ginar Technology Co 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 26.31 14.90 37.22 40.65 49.75

ROCO:6151 vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Ginar Technology 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.


Ginar Technology Co Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ginar Technology Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ginar Technology Co's Interest Coverage falls into.


ROCO:6151
72GF Score
Ginar Technology Co Ltd ROCO:6151
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ginar Technology 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.

Ginar Technology 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, Ginar Technology Co's Interest Expense was NT$-6 Mil. Its Operating Income was NT$153 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$27 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*153.105/-6.063
=25.25

Ginar Technology Co's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Ginar Technology Co's Interest Expense was NT$-2 Mil. Its Operating Income was NT$86 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$11 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*86.069/-1.73
=49.75

* 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 49.75 mean?
Ginar Technology Co (ROCO:6151) has a Interest Coverage of 49.75 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ginar Technology Co and its competitors. This is 113% above median its historical median of 23.33. Over the past decade, Ginar Technology Co's Interest Coverage has ranged from 10.27 to 93.14. According to the industry distribution chart, Ginar Technology Co ranks #377 out of 1261 companies in the Chemicals industry, placing it in the top 29.9%.
Is Ginar Technology Co's Interest Coverage too high?
Ginar Technology Co's current Interest Coverage of 49.75 is 113% above median its 10-year median of 23.33. Over the past 10 years, this metric has ranged from a low of 10.27 to a high of 93.14. The Chemicals industry median Interest Coverage is 11.37. Ginar Technology Co's value of 49.75 is 337.6% above this industry median. Based on the distribution chart, Ginar Technology Co ranks #377 out of 1261 companies in the Chemicals industry, which is above the industry midpoint. Overall, Ginar Technology Co has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ginar Technology Co's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ginar Technology Co ranks #377 out of 1261 companies for Interest Coverage. This puts Ginar Technology Co in the upper half of its industry. The industry median Interest Coverage is 11.37. Ginar Technology Co's value of 49.75 is 337.6% above this benchmark. Historically, Ginar Technology Co's own Interest Coverage has ranged from 10.27 to 93.14 over the past decade. While the company's 10-year median is 23.33 vs. the industry median of 11.37, Ginar Technology Co has consistently been above 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 11.37, based on 1,261 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. Ginar Technology Co's current Interest Coverage of 49.75 is 337.6% above 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 Ginar Technology Co and its competitors. For the Chemicals industry, the median Interest Coverage is 11.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ginar Technology Co's current Interest Coverage is 49.75, which is 113% above median its own 10-year median of 23.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ginar Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ginar Technology Co (ROCO:6151) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$32.47, compared to a current price of NT$35.90 — trading 10.6% above its estimated fair value. The current Interest Coverage is 49.75, which is 113% above median its 10-year median of 23.33 and 337.6% above the Chemicals industry median of 11.37. Ginar Technology Co's overall GF Score™ is 72/100 with 2 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 Ginar Technology Co (ROCO:6151), the current Interest Coverage is 49.75 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 Ginar Technology Co (ROCO:6151) Overvalued in 2026?

Based on GuruFocus' analysis, Ginar Technology Co stock appears to be overvalued. The current stock price of NT$35.90 is trading 10.6% above its estimated GF Value™ of NT$32.47. GuruFocus considers Ginar Technology Co to be Modestly Overvalued.

Key valuation signals for ROCO:6151:

  • Interest Coverage: 49.75 (113% above median its 10-year median of 23.33)
  • GF Value™: NT$32.47 vs. price of NT$35.90 (10.6% above fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 337.6% above the Chemicals median (#377 of 1261)

No single metric tells the full story. See the ROCO:6151 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ginar Technology Co Business Description

Address No. 250, Changfa Road, No.11, Nangang Village, Dayuan District, Taoyuan City, TWN, 33759
Ginar Technology Co Ltd mainly engages in the manufacturing, processing, and trading of rubber and plastic composite materials. The company is devoted to the research and development and production of engineering plastic and composite materials, including polyamide (PA), polypropylene (PP), polycarbonate (PC), as well as color mating technology to provide domestic and foreign industries with high value-added requirements. Its products include GITOP HPPA Engineering Plastics, MAPEX PA Engineering Plastics, APLAX PP Engineering Plastics, and KAPEX PC Engineering Plastics.
72GF Score

Get the complete analysis for ROCO:6151

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

NT$35.90
Price
NT$32.47
GF Value