Proxene Tools Co (ROCO:6904) Interest Coverage: 13.57 (As of Jun. 2026) — 58% Below Median

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ROCO:6904 Proxene Tools Co Ltd ROCO:6904
67 GF Score
Price NT$124.50
GF Value NT$126.97
Valuation Fairly Valued
! 4 Warning Signs
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What is Proxene Tools Co Interest Coverage?

Proxene Tools Co ROCO:6904 67 Interest Coverage is 13.57 as of Jun. 2026, which is 58% below its 10-year median of 32.03. GuruFocus rates ROCO:6904 with a GF Score™ of 67/100 and a GF Value™ of NT$126.97 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,328 Industrial Products companies, Proxene Tools Co ranks better than 52.53% 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. Proxene Tools Co's Operating Income for the three months ended in Jun. 2026 was NT$29.5 Mil. Proxene Tools Co's Interest Expense for the three months ended in Jun. 2026 was NT$-2.2 Mil. Proxene Tools Co's interest coverage for the quarter that ended in Jun. 2026 was 13.57. The higher the ratio, the stronger the company's financial strength is.

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

ROCO:6904' s Interest Coverage Range Over the Past 10 Years
Min: 15.63   Med: 32.03   Max: 57.57
Current: 16.57


ROCO:6904's Interest Coverage is ranked better than
52.53% of 2328 companies
in the Industrial Products industry
Industry Median: 14.605 vs ROCO:6904: 16.57

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


Proxene Tools Co  (ROCO:6904) 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 .


Proxene Tools Co Interest Coverage Related Terms


Proxene Tools Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Proxene Tools 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.

Proxene Tools Co Interest Coverage Chart

Proxene Tools Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 57.57 39.65 32.03 40.18 30.41

Proxene Tools Co Quarterly Data
Dec20 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 37.66 33.09 19.40 10.68 13.57

ROCO:6904 vs SNA, RBC, SWK: Interest Coverage Comparison

For the Tools & Accessories subindustry, Proxene Tools 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.


Proxene Tools Co Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Proxene Tools Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Proxene Tools Co's Interest Coverage falls into.


ROCO:6904
67GF Score
Proxene Tools Co Ltd ROCO:6904
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Proxene Tools 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.

Proxene Tools 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, Proxene Tools Co's Interest Expense was NT$-5.4 Mil. Its Operating Income was NT$164.9 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$212.3 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*164.932/-5.423
=30.41

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

Here, for the three months ended in Jun. 2026, Proxene Tools Co's Interest Expense was NT$-2.2 Mil. Its Operating Income was NT$29.5 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$187.9 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*29.498/-2.173
=13.57

* 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 13.57 mean?
Proxene Tools Co (ROCO:6904) has a Interest Coverage of 13.57 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Proxene Tools Co and its competitors. This is 58% below median its historical median of 32.03. Over the past decade, Proxene Tools Co's Interest Coverage has ranged from 15.63 to 57.57. According to the industry distribution chart, Proxene Tools Co ranks #1105 out of 2328 companies in the Industrial Products industry, placing it in the top 47.5%.
Is Proxene Tools Co's Interest Coverage too high?
Proxene Tools Co's current Interest Coverage of 13.57 is 58% below median its 10-year median of 32.03. Over the past 10 years, this metric has ranged from a low of 15.63 to a high of 57.57. The Industrial Products industry median Interest Coverage is 14.61. Proxene Tools Co's value of 13.57 is 7.1% below this industry median. Based on the distribution chart, Proxene Tools Co ranks #1105 out of 2328 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Proxene Tools Co has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Proxene Tools Co's Interest Coverage compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Proxene Tools Co ranks #1105 out of 2328 companies for Interest Coverage. This puts Proxene Tools Co in the upper half of its industry. The industry median Interest Coverage is 14.61. Proxene Tools Co's value of 13.57 is 7.1% below this benchmark. Historically, Proxene Tools Co's own Interest Coverage has ranged from 15.63 to 57.57 over the past decade. While the company's 10-year median is 32.03 vs. the industry median of 14.61, Proxene Tools 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.61, based on 2,328 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. Proxene Tools Co's current Interest Coverage of 13.57 is 7.1% 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 Proxene Tools Co and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Proxene Tools Co's current Interest Coverage is 13.57, which is 58% below median its own 10-year median of 32.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Proxene Tools Co stock overvalued right now?
Based on GuruFocus' analysis, Proxene Tools Co (ROCO:6904) is currently considered Fairly Valued. The stock's GF Value™ is NT$126.97, compared to a current price of NT$124.50 — trading 1.9% below its estimated fair value. The current Interest Coverage is 13.57, which is 58% below median its 10-year median of 32.03 and 7.1% below the Industrial Products industry median of 14.61. Proxene Tools Co's overall GF Score™ is 67/100 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 Proxene Tools Co (ROCO:6904), the current Interest Coverage is 13.57 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 Proxene Tools Co (ROCO:6904) Overvalued in 2026?

Based on GuruFocus' analysis, Proxene Tools Co stock appears to be undervalued. The current stock price of NT$124.50 is trading 1.9% below its estimated GF Value™ of NT$126.97. GuruFocus considers Proxene Tools Co to be Fairly Valued.

Key valuation signals for ROCO:6904:

  • Interest Coverage: 13.57 (58% below median its 10-year median of 32.03)
  • GF Value™: NT$126.97 vs. price of NT$124.50 (1.9% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 7.1% below the Industrial Products median (#1105 of 2328)

No single metric tells the full story. See the ROCO:6904 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Proxene Tools Co Business Description

Address No. 9-2, Lane 893, Zhongshan Road, Beizhuang Village, Shengang District, Taichung City, TWN, 42947
Proxene Tools Co Ltd engages in the manufacturing and exporting of adjustable angle wrenches in Taiwan. It offers industrial hand tools manufacturing adjustable wrench hand tools, wrenches, Industrial Video Borescope, Diagnostic equipment, and Car care products.
67GF Score

Get the complete analysis for ROCO:6904

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

NT$124.50
Price
NT$126.97
GF Value