Spec Products (ROCO:7718) Interest Coverage: 53.58 (As of Dec. 2025) — 118% Above Median

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ROCO:7718 Spec Products Corp ROCO:7718
48 GF Score
Price NT$47.35
! 3 Warning Signs
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What is Spec Products Interest Coverage?

Spec Products ROCO:7718 -0.53% 48 Interest Coverage is 53.58 as of Dec. 2025, which is 118% above its 10-year median of 24.59. GuruFocus rates ROCO:7718 with a GF Score™ of 48/100. The stock has 3 warning signs investors should review. Among 2,321 Industrial Products companies, Spec Products ranks better than 82.98% 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. Spec Products's Operating Income for the three months ended in Dec. 2025 was NT$47 Mil. Spec Products's Interest Expense for the three months ended in Dec. 2025 was NT$-1 Mil. Spec Products's interest coverage for the quarter that ended in Dec. 2025 was 53.58. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Spec Products Corp has enough cash to cover all of its debt. Its financial situation is stable.

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

ROCO:7718' s Interest Coverage Range Over the Past 10 Years
Min: 9.58   Med: 24.59   Max: 113
Current: 113


ROCO:7718's Interest Coverage is ranked better than
82.98% of 2321 companies
in the Industrial Products industry
Industry Median: 14.75 vs ROCO:7718: 113.00

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


Spec Products  (ROCO:7718) 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 .


Spec Products Interest Coverage Related Terms


Spec Products Interest Coverage Historical Data

* Premium members only.

The historical data trend for Spec Products'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.

Spec Products Interest Coverage Chart

Spec Products Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 21.45 20.30 27.73 63.38 113.00

Spec Products Quarterly Data
Dec20 Dec21 Dec22 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 41.84 71.38 397.56 362.06 53.58

ROCO:7718 vs SNA, RBC, LECO: Interest Coverage Comparison

For the Tools & Accessories subindustry, Spec Products'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.


Spec Products Interest Coverage vs Industrial Products Industry

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

* The bar in red indicates where Spec Products's Interest Coverage falls into.


ROCO:7718
48GF Score
Spec Products Corp ROCO:7718
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Spec Products 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.

Spec Products'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, Spec Products's Interest Expense was NT$-2 Mil. Its Operating Income was NT$194 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$88 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*193.787/-1.715
=113.00

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

Here, for the three months ended in Dec. 2025, Spec Products's Interest Expense was NT$-1 Mil. Its Operating Income was NT$47 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$88 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*46.508/-0.868
=53.58

* 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 53.58 mean?
Spec Products (ROCO:7718) has a Interest Coverage of 53.58 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Spec Products and its competitors. This is 118% above median its historical median of 24.59. Over the past decade, Spec Products' Interest Coverage has ranged from 9.58 to 113.00. According to the industry distribution chart, Spec Products ranks #395 out of 2321 companies in the Industrial Products industry, placing it in the top 17%.
Is Spec Products' Interest Coverage too high?
Spec Products' current Interest Coverage of 53.58 is 118% above median its 10-year median of 24.59. Over the past 10 years, this metric has ranged from a low of 9.58 to a high of 113.00. The Industrial Products industry median Interest Coverage is 14.75. Spec Products' value of 53.58 is 263.3% above this industry median. Based on the distribution chart, Spec Products ranks #395 out of 2321 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Spec Products has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Spec Products' Interest Coverage compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Spec Products ranks #395 out of 2321 companies for Interest Coverage. This places Spec Products in the top 17% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.75. Spec Products' value of 53.58 is 263.3% above this benchmark. Historically, Spec Products' own Interest Coverage has ranged from 9.58 to 113.00 over the past decade. While the company's 10-year median is 24.59 vs. the industry median of 14.75, Spec Products 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.75, based on 2,321 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. Spec Products's current Interest Coverage of 53.58 is 263.3% 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 Spec Products and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spec Products's current Interest Coverage is 53.58, which is 118% above median its own 10-year median of 24.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spec Products stock overvalued right now?
Spec Products (ROCO:7718) has a current Interest Coverage of 53.58. The current Interest Coverage is 53.58, which is 118% above median its 10-year median of 24.59 and 263.3% above the Industrial Products industry median of 14.75. Spec Products' overall GF Score™ is 48/100 with 3 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 Spec Products (ROCO:7718), the current Interest Coverage is 53.58 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.

Spec Products Business Description

Address 9th Floor.-4, No. 358, Section 1, Dongmen Road, East District, Tainan, TWN, 701002
Spec Products Corp is engaged in the manufacture of screws and nuts, wholesale of metalware, and international trade. Its product patents includes Nordic Bolt & Nut (Wedge Locking Fastener), Spec Locking Washer, Aluminum H.T Processes and some assembly devices, etc.
48GF Score

Get the complete analysis for ROCO:7718

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

NT$47.35
Price