Shin HsiungNatural Gas (ROCO:8908) Interest Coverage: 29.18 (As of Dec. 2025) — 59% Below Median


ROCO:8908 Shin HsiungNatural Gas Inc ROCO:8908
79 GF Score
Price NT$42.05
GF Value NT$76.87
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Shin HsiungNatural Gas Interest Coverage?

Shin HsiungNatural Gas ROCO:8908 +0.72% 79 Interest Coverage is 29.18 as of Dec. 2025, which is 59% below its 10-year median of 70.75. GuruFocus rates ROCO:8908 with a GF Score™ of 79/100 and a GF Value™ of NT$76.87 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 449 Utilities - Regulated companies, Shin HsiungNatural Gas ranks better than 87.08% 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. Shin HsiungNatural Gas's Operating Income for the three months ended in Dec. 2025 was NT$237 Mil. Shin HsiungNatural Gas's Interest Expense for the three months ended in Dec. 2025 was NT$-8 Mil. Shin HsiungNatural Gas's interest coverage for the quarter that ended in Dec. 2025 was 29.18. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Shin HsiungNatural Gas's Interest Coverage or its related term are showing as below:

ROCO:8908' s Interest Coverage Range Over the Past 10 Years
Min: 31.12   Med: 70.75   Max: 110.34
Current: 32.01


ROCO:8908's Interest Coverage is ranked better than
87.08% of 449 companies
in the Utilities - Regulated industry
Industry Median: 3.78 vs ROCO:8908: 32.01

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


Shin HsiungNatural Gas  (ROCO:8908) 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 .


Shin HsiungNatural Gas Interest Coverage Related Terms


Shin HsiungNatural Gas Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shin HsiungNatural Gas'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.

Shin HsiungNatural Gas Interest Coverage Chart

Shin HsiungNatural Gas 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 94.46 65.11 31.12 31.88 32.01

Shin HsiungNatural Gas 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 47.30 38.00 38.09 25.82 29.18

ROCO:8908 vs ATO, NI, UGI: Interest Coverage Comparison

For the Utilities - Regulated Gas subindustry, Shin HsiungNatural Gas'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.


Shin HsiungNatural Gas Interest Coverage vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shin HsiungNatural Gas's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shin HsiungNatural Gas's Interest Coverage falls into.


ROCO:8908
79GF Score
Shin HsiungNatural Gas Inc ROCO:8908
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin HsiungNatural Gas 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.

Shin HsiungNatural Gas'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, Shin HsiungNatural Gas's Interest Expense was NT$-27 Mil. Its Operating Income was NT$851 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$2,362 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*850.579/-26.575
=32.01

Shin HsiungNatural Gas's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Shin HsiungNatural Gas's Interest Expense was NT$-8 Mil. Its Operating Income was NT$237 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$2,362 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*236.941/-8.12
=29.18

* 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 29.18 mean?
Shin HsiungNatural Gas (ROCO:8908) has a Interest Coverage of 29.18 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shin HsiungNatural Gas and its competitors. This is 59% below median its historical median of 70.75. Over the past decade, Shin HsiungNatural Gas' Interest Coverage has ranged from 31.12 to 110.34. According to the industry distribution chart, Shin HsiungNatural Gas ranks #58 out of 449 companies in the Utilities - Regulated industry, placing it in the top 12.9%.
Is Shin HsiungNatural Gas' Interest Coverage too high?
Shin HsiungNatural Gas' current Interest Coverage of 29.18 is 59% below median its 10-year median of 70.75. Over the past 10 years, this metric has ranged from a low of 31.12 to a high of 110.34. The Utilities - Regulated industry median Interest Coverage is 3.78. Shin HsiungNatural Gas' value of 29.18 is 672% above this industry median. Based on the distribution chart, Shin HsiungNatural Gas ranks #58 out of 449 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Shin HsiungNatural Gas has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin HsiungNatural Gas' Interest Coverage compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shin HsiungNatural Gas ranks #58 out of 449 companies for Interest Coverage. This places Shin HsiungNatural Gas in the top 13% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.78. Shin HsiungNatural Gas' value of 29.18 is 672% above this benchmark. Historically, Shin HsiungNatural Gas' own Interest Coverage has ranged from 31.12 to 110.34 over the past decade. While the company's 10-year median is 70.75 vs. the industry median of 3.78, Shin HsiungNatural Gas 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 Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 449 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. Shin HsiungNatural Gas's current Interest Coverage of 29.18 is 672% 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 Shin HsiungNatural Gas and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin HsiungNatural Gas's current Interest Coverage is 29.18, which is 59% below median its own 10-year median of 70.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin HsiungNatural Gas stock overvalued right now?
Based on GuruFocus' analysis, Shin HsiungNatural Gas (ROCO:8908) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$76.87, compared to a current price of NT$42.05 — trading 45.3% below its estimated fair value. The current Interest Coverage is 29.18, which is 59% below median its 10-year median of 70.75 and 672% above the Utilities - Regulated industry median of 3.78. Shin HsiungNatural Gas' overall GF Score™ is 79/100 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 Shin HsiungNatural Gas (ROCO:8908), the current Interest Coverage is 29.18 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 Shin HsiungNatural Gas (ROCO:8908) Overvalued in 2026?

Based on GuruFocus' analysis, Shin HsiungNatural Gas stock appears to be undervalued. The current stock price of NT$42.05 is trading 45.3% below its estimated GF Value™ of NT$76.87. GuruFocus considers Shin HsiungNatural Gas to be Significantly Undervalued.

Key valuation signals for ROCO:8908:

  • Interest Coverage: 29.18 (59% below median its 10-year median of 70.75)
  • GF Value™: NT$76.87 vs. price of NT$42.05 (45.3% below fair value)
  • GF Score™: 79/100 with 3 warning signs
  • Industry Position: 672% above the Utilities - Regulated median (#58 of 449)

No single metric tells the full story. See the ROCO:8908 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin HsiungNatural Gas Business Description

Address No. 99, Section 1, Guotai Road, Fengshan District, Kaohsiung, TWN, 830061
Shin HsiungNatural Gas Inc includes gas supply through pipelines, manufacturing and sales of gas equipment, rental, sales and manufacturing of gas meters, and installation, maintenance and import of the related equipment. Its segments include Gas Sale Department engaged in the supply of natural gas; Installation Department engaged in the business of gas transmission conduits and equipment; Solar Electricity Sale Department engaged in the business of sale of electricity generated by solar energy; and Construction Department engaged in the construction, leasing and sale of commercial buildings and residential properties. It derives majority of the revenue from Gas Sale Department segment.
79GF Score

Get the complete analysis for ROCO:8908

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

NT$42.05
Price
NT$76.87
GF Value