Thai Kin Co (ROCO:6629) Interest Coverage: 39.30 (As of Mar. 2026) — 38% Above Median

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ROCO:6629 Thai Kin Co Ltd ROCO:6629
94 GF Score
Price NT$110.50
GF Value NT$134.17
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Thai Kin Co Interest Coverage?

Thai Kin Co ROCO:6629 -0.90% 94 Interest Coverage is 39.30 as of Mar. 2026, which is 38% above its 10-year median of 28.54. GuruFocus rates ROCO:6629 with a GF Score™ of 94/100 and a GF Value™ of NT$134.17 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 291 Furnishings, Fixtures & Appliances companies, Thai Kin Co ranks better than 72.16% 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. Thai Kin Co's Operating Income for the three months ended in Mar. 2026 was NT$124 Mil. Thai Kin Co's Interest Expense for the three months ended in Mar. 2026 was NT$-3 Mil. Thai Kin Co's interest coverage for the quarter that ended in Mar. 2026 was 39.30. The higher the ratio, the stronger the company's financial strength is.

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

ROCO:6629' s Interest Coverage Range Over the Past 10 Years
Min: 13.27   Med: 28.54   Max: 223.61
Current: 29.77


ROCO:6629's Interest Coverage is ranked better than
72.16% of 291 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.55 vs ROCO:6629: 29.77

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


Thai Kin Co  (ROCO:6629) 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 .


Thai Kin Co Interest Coverage Related Terms


Thai Kin Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Thai Kin 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.

Thai Kin Co Interest Coverage Chart

Thai Kin 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 28.11 22.04 35.00 72.87 30.61

Thai Kin Co 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 51.28 38.04 30.33 18.90 39.30

ROCO:6629 vs SN, SGI, MHK: Interest Coverage Comparison

For the Furnishings, Fixtures & Appliances subindustry, Thai Kin 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.


Thai Kin Co Interest Coverage vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Thai Kin Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Thai Kin Co's Interest Coverage falls into.


ROCO:6629
94GF Score
Thai Kin Co Ltd ROCO:6629
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Kin 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.

Thai Kin 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, Thai Kin Co's Interest Expense was NT$-12 Mil. Its Operating Income was NT$353 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*353.297/-11.543
=30.61

Thai Kin Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Thai Kin Co's Interest Expense was NT$-3 Mil. Its Operating Income was NT$124 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*123.69/-3.147
=39.30

* 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 39.30 mean?
Thai Kin Co (ROCO:6629) has a Interest Coverage of 39.30 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Thai Kin Co and its competitors. This is 38% above median its historical median of 28.54. Over the past decade, Thai Kin Co's Interest Coverage has ranged from 13.27 to 223.61. According to the industry distribution chart, Thai Kin Co ranks #81 out of 291 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 27.8%.
Is Thai Kin Co's Interest Coverage too high?
Thai Kin Co's current Interest Coverage of 39.30 is 38% above median its 10-year median of 28.54. Over the past 10 years, this metric has ranged from a low of 13.27 to a high of 223.61. The Furnishings, Fixtures & Appliances industry median Interest Coverage is 9.55. Thai Kin Co's value of 39.30 is 311.5% above this industry median. Based on the distribution chart, Thai Kin Co ranks #81 out of 291 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Thai Kin Co has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Kin Co's Interest Coverage compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Thai Kin Co ranks #81 out of 291 companies for Interest Coverage. This puts Thai Kin Co in the upper half of its industry. The industry median Interest Coverage is 9.55. Thai Kin Co's value of 39.30 is 311.5% above this benchmark. Historically, Thai Kin Co's own Interest Coverage has ranged from 13.27 to 223.61 over the past decade. While the company's 10-year median is 28.54 vs. the industry median of 9.55, Thai Kin 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 Furnishings, Fixtures & Appliances company?
The median Interest Coverage among Furnishings, Fixtures & Appliances companies is 9.55, based on 291 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. Thai Kin Co's current Interest Coverage of 39.30 is 311.5% 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 Thai Kin Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Interest Coverage is 9.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thai Kin Co's current Interest Coverage is 39.30, which is 38% above median its own 10-year median of 28.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Kin Co stock overvalued right now?
Based on GuruFocus' analysis, Thai Kin Co (ROCO:6629) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$134.17, compared to a current price of NT$110.50 — trading 17.6% below its estimated fair value. The current Interest Coverage is 39.30, which is 38% above median its 10-year median of 28.54 and 311.5% above the Furnishings, Fixtures & Appliances industry median of 9.55. Thai Kin Co's overall GF Score™ is 94/100 with 4 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 Thai Kin Co (ROCO:6629), the current Interest Coverage is 39.30 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.

Is Thai Kin Co (ROCO:6629) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Kin Co stock appears to be undervalued. The current stock price of NT$110.50 is trading 17.6% below its estimated GF Value™ of NT$134.17. GuruFocus considers Thai Kin Co to be Modestly Undervalued.

Key valuation signals for ROCO:6629:

  • Interest Coverage: 39.30 (38% above median its 10-year median of 28.54)
  • GF Value™: NT$134.17 vs. price of NT$110.50 (17.6% below fair value)
  • GF Score™: 94/100 with 4 warning signs
  • Industry Position: 311.5% above the Furnishings, Fixtures & Appliances median (#81 of 291)

No single metric tells the full story. See the ROCO:6629 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thai Kin Co Business Description

Address No.152, Songjiang Road, 13th Floor, Room A, Section 3, Zhongshan District, Taipei, TWN, 104
Thai Kin Co Ltd is a manufacturer of casting for furniture. The company also offers diverse packaging options, catering to both retail system packaging and direct-to-shelf retail needs. The product portfolio of the company includes Cabinet Hardware, Drapery Hardware, Bathroom Accessories, Shelf Supports, Hooks, Decorative Accessories, Candle Holders, among others. Geographically, it derives a majority of its revenue from America and also has a presence in Europe and Asia.
94GF Score

Get the complete analysis for ROCO:6629

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

NT$110.50
Price
NT$134.17
GF Value