IOVTEC Co (ROCO:7583) Interest Coverage: 15.09 (As of Dec. 2025) — 242% Above Median


ROCO:7583 IOVTEC Co Ltd ROCO:7583
19 GF Score
Price NT$39.40
! 4 Warning Signs
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What is IOVTEC Co Interest Coverage?

IOVTEC Co ROCO:7583 -3.90% 19 Interest Coverage is 15.09 as of Dec. 2025, which is 242% above its 10-year median of 4.41. GuruFocus rates ROCO:7583 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 1,349 Construction companies, IOVTEC Co ranks better than 53.45% 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. IOVTEC Co's Operating Income for the six months ended in Dec. 2025 was NT$89 Mil. IOVTEC Co's Interest Expense for the six months ended in Dec. 2025 was NT$-6 Mil. IOVTEC Co's interest coverage for the quarter that ended in Dec. 2025 was 15.09. The higher the ratio, the stronger the company's financial strength is.

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

ROCO:7583' s Interest Coverage Range Over the Past 10 Years
Min: 1.87   Med: 4.41   Max: 12.63
Current: 9.09


ROCO:7583's Interest Coverage is ranked better than
53.45% of 1349 companies
in the Construction industry
Industry Median: 7.92 vs ROCO:7583: 9.09

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


IOVTEC Co  (ROCO:7583) 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 .


IOVTEC Co Interest Coverage Related Terms


IOVTEC Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for IOVTEC 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.

IOVTEC Co Interest Coverage Chart

IOVTEC Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
1.87 4.41 2.64 12.63 9.09

IOVTEC Co Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Interest Coverage Get a 7-Day Free Trial Premium Member Only 7.56 16.25 8.79 3.31 15.09

ROCO:7583 vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, IOVTEC 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.


IOVTEC Co Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, IOVTEC Co's Interest Coverage distribution charts can be found below:

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


ROCO:7583
19GF Score
IOVTEC Co Ltd ROCO:7583
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IOVTEC 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.

IOVTEC 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, IOVTEC Co's Interest Expense was NT$-12 Mil. Its Operating Income was NT$109 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$76 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*109.317/-12.023
=9.09

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

Here, for the six months ended in Dec. 2025, IOVTEC Co's Interest Expense was NT$-6 Mil. Its Operating Income was NT$89 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$76 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*89.064/-5.902
=15.09

* 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 15.09 mean?
IOVTEC Co (ROCO:7583) has a Interest Coverage of 15.09 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on IOVTEC Co and its competitors. This is 242% above median its historical median of 4.41. Over the past decade, IOVTEC Co's Interest Coverage has ranged from 1.87 to 12.63. According to the industry distribution chart, IOVTEC Co ranks #628 out of 1349 companies in the Construction industry, placing it in the top 46.6%.
Is IOVTEC Co's Interest Coverage too high?
IOVTEC Co's current Interest Coverage of 15.09 is 242% above median its 10-year median of 4.41. Over the past 10 years, this metric has ranged from a low of 1.87 to a high of 12.63. The Construction industry median Interest Coverage is 7.92. IOVTEC Co's value of 15.09 is 90.5% above this industry median. Based on the distribution chart, IOVTEC Co ranks #628 out of 1349 companies in the Construction industry, which is above the industry midpoint. Overall, IOVTEC Co has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does IOVTEC Co's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, IOVTEC Co ranks #628 out of 1349 companies for Interest Coverage. This puts IOVTEC Co in the upper half of its industry. The industry median Interest Coverage is 7.92. IOVTEC Co's value of 15.09 is 90.5% above this benchmark. Historically, IOVTEC Co's own Interest Coverage has ranged from 1.87 to 12.63 over the past decade. While the company's 10-year median is 4.41 vs. the industry median of 7.92, IOVTEC 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 Construction company?
The median Interest Coverage among Construction companies is 7.92, based on 1,349 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. IOVTEC Co's current Interest Coverage of 15.09 is 90.5% 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 IOVTEC Co and its competitors. For the Construction industry, the median Interest Coverage is 7.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IOVTEC Co's current Interest Coverage is 15.09, which is 242% above median its own 10-year median of 4.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IOVTEC Co stock overvalued right now?
IOVTEC Co (ROCO:7583) has a current Interest Coverage of 15.09. The current Interest Coverage is 15.09, which is 242% above median its 10-year median of 4.41 and 90.5% above the Construction industry median of 7.92. IOVTEC Co's overall GF Score™ is 19/100 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 IOVTEC Co (ROCO:7583), the current Interest Coverage is 15.09 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.

IOVTEC Co Business Description

Address No. 89, Section 5, Nanjing East Road, 9th Floor, Songshan District, Taipei, TWN, 105409
IOVTEC Co Ltd formerly International Ocean Vessel Technical Consuitant Co Ltd is a Taiwan based company operating offering integrated services across multiple sectors. It is a local survey company that steps into the offshore wind market in Taiwan to provide integrated offshore wind services for the country's landmark projects. The company provides the services in following areas such as Marine services and Land services. Marine services include Site Appraisal and Concept Design, Foundation Design and UXO Risk Mitigation. Land services include Track Twin, Vegetation Control and Site characterization.
19GF Score

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

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