IC Plus (ROCO:8040) Interest Coverage: No Debt (1) (As of Dec. 2025) — 100% Below Median


ROCO:8040 IC Plus Corp ROCO:8040
46 GF Score
Price NT$102.50
GF Value NT$46.13
Valuation Significantly Overvalued
! 1 Warning Sign
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What is IC Plus Interest Coverage?

IC Plus ROCO:8040 +0.49% 46 Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 209.42. GuruFocus rates ROCO:8040 with a GF Score™ of 46/100 and a GF Value™ of NT$46.13 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 635 Semiconductors companies, IC Plus ranks better than 99.53% 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. IC Plus's Operating Income for the three months ended in Dec. 2025 was NT$-23.3 Mil. IC Plus's Interest Expense for the three months ended in Dec. 2025 was NT$0.0 Mil. IC Plus has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

IC Plus Corp has no debt.

(1) 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.

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

ROCO:8040' s Interest Coverage Range Over the Past 10 Years
Min: 19.1   Med: 209.42   Max: No Debt
Current: No Debt


ROCO:8040's Interest Coverage is ranked better than
99.53% of 635 companies
in the Semiconductors industry
Industry Median: 20.32 vs ROCO:8040: No Debt

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


IC Plus  (ROCO:8040) 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 .


IC Plus Interest Coverage Related Terms


IC Plus Interest Coverage Historical Data

* Premium members only.

The historical data trend for IC Plus'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.

IC Plus Interest Coverage Chart

IC Plus 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 119.06 299.78 0.00 0.00 No Debt

IC Plus Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

ROCO:8040 vs NVDA, AVGO, MU: Interest Coverage Comparison

For the Semiconductors subindustry, IC Plus'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.


IC Plus Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, IC Plus's Interest Coverage distribution charts can be found below:

* The bar in red indicates where IC Plus's Interest Coverage falls into.


ROCO:8040
46GF Score
IC Plus Corp ROCO:8040
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IC Plus 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.

IC Plus'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, IC Plus's Interest Expense was NT$0.0 Mil. Its Operating Income was NT$-87.9 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$0.0 Mil.

IC Plus had no debt (1).

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

Here, for the three months ended in Dec. 2025, IC Plus's Interest Expense was NT$0.0 Mil. Its Operating Income was NT$-23.3 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$0.0 Mil.

IC Plus had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
IC Plus (ROCO:8040) has a Interest Coverage of No Debt (1) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on IC Plus and its competitors. This is 100% below median its historical median of 209.42. Over the past decade, IC Plus' Interest Coverage has ranged from 19.10 to 10,000.00. According to the industry distribution chart, IC Plus ranks #3 out of 635 companies in the Semiconductors industry, placing it in the top 0.5%.
Is IC Plus' Interest Coverage too high?
IC Plus' current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 209.42. Over the past 10 years, this metric has ranged from a low of 19.10 to a high of 10,000.00. Based on the distribution chart, IC Plus ranks #3 out of 635 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, IC Plus has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IC Plus' Interest Coverage compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, IC Plus ranks #3 out of 635 companies for Interest Coverage. This places IC Plus in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 20.32. Historically, IC Plus' own Interest Coverage has ranged from 19.10 to 10,000.00 over the past decade. 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.32, based on 635 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. 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 IC Plus and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IC Plus's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 209.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IC Plus stock overvalued right now?
Based on GuruFocus' analysis, IC Plus (ROCO:8040) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$46.13, compared to a current price of NT$102.50 — trading 122.2% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 209.42. IC Plus' overall GF Score™ is 46/100 with 1 warning sign 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 IC Plus (ROCO:8040), the current Interest Coverage is No Debt (1) 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.

Is IC Plus (ROCO:8040) Overvalued in 2026?

Based on GuruFocus' analysis, IC Plus stock appears to be overvalued. The current stock price of NT$102.50 is trading 122.2% above its estimated GF Value™ of NT$46.13. GuruFocus considers IC Plus to be Significantly Overvalued.

Key valuation signals for ROCO:8040:

  • Interest Coverage: No Debt (1) (100% below median its 10-year median of 209.42)
  • GF Value™: NT$46.13 vs. price of NT$102.50 (122.2% above fair value)
  • GF Score™: 46/100 with 1 warning sign

No single metric tells the full story. See the ROCO:8040 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IC Plus Business Description

Address No. 47, Guangfu Road, 10th Floor, Lane 2, Section 2, East District, Hsinchu, TWN, 30071
IC Plus Corp is a Taiwan-based company engaged in researching, developing, manufacturing, selling, importing, and exporting trading of integrated circuits. The company only has the IC design segment as the single reporting segment. The primary operating activity of the IC design segment is the design of Ethernet integrated circuit products. Its Geographic regions are Taiwan, China, and others, and the majority of the revenue comes from China.
46GF Score

Get the complete analysis for ROCO:8040

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

NT$102.50
Price
NT$46.13
GF Value