Ascent Development Co (TPE:1439) Interest Coverage: 13.60 (As of Sep. 2025) — 356% Above Median


TPE:1439 Ascent Development Co Ltd TPE:1439
52 GF Score
Price NT$24.10
GF Value NT$51.70
Valuation Possible Value Trap
! 8 Warning Signs
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What is Ascent Development Co Interest Coverage?

Ascent Development Co TPE:1439 -0.41% 52 Interest Coverage is 13.60 as of Sep. 2025, which is 356% above its 10-year median of 2.98. GuruFocus rates TPE:1439 with a GF Score™ of 52/100 and a GF Value™ of NT$51.70 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 739 Manufacturing - Apparel & Accessories companies, Ascent Development Co ranks worse than 50.88% 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. Ascent Development Co's Operating Income for the three months ended in Sep. 2025 was NT$45.9 Mil. Ascent Development Co's Interest Expense for the three months ended in Sep. 2025 was NT$-3.4 Mil. Ascent Development Co's interest coverage for the quarter that ended in Sep. 2025 was 13.60. The higher the ratio, the stronger the company's financial strength is.

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

TPE:1439' s Interest Coverage Range Over the Past 10 Years
Min: 2.46   Med: 2.98   Max: 5.16
Current: 5.16


TPE:1439's Interest Coverage is ranked worse than
50.88% of 739 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43 vs TPE:1439: 5.16

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


Ascent Development Co  (TPE:1439) 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 .


Ascent Development Co Interest Coverage Related Terms


Ascent Development Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ascent Development 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.

Ascent Development Co Interest Coverage Chart

Ascent Development Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 2.46 3.50 0.00 0.00

Ascent Development Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.00 0.00 6.41 2.41 13.60

Ascent Development Co Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Ascent Development 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.


Ascent Development Co Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ascent Development Co's Interest Coverage distribution charts can be found below:

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


TPE:1439
52GF Score
Ascent Development Co Ltd TPE:1439
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ascent Development 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.

Ascent Development Co's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Ascent Development Co's Interest Expense was NT$-11.7 Mil. Its Operating Income was NT$-25.8 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$509.9 Mil.

Ascent Development Co did not have earnings to cover the interest expense.

Ascent Development Co's Interest Coverage for the quarter that ended in Sep. 2025 is calculated as

Here, for the three months ended in Sep. 2025, Ascent Development Co's Interest Expense was NT$-3.4 Mil. Its Operating Income was NT$45.9 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$493.6 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2025 )/Interest Expense (Q: Sep. 2025 )
=-1*45.938/-3.379
=13.60

* 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 13.60 mean?
Ascent Development Co (TPE:1439) has a Interest Coverage of 13.60 as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ascent Development Co and its competitors. This is 356% above median its historical median of 2.98. Over the past decade, Ascent Development Co's Interest Coverage has ranged from 2.46 to 5.16. According to the industry distribution chart, Ascent Development Co ranks #376 out of 739 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 50.9%.
Is Ascent Development Co's Interest Coverage too high?
Ascent Development Co's current Interest Coverage of 13.60 is 356% above median its 10-year median of 2.98. Over the past 10 years, this metric has ranged from a low of 2.46 to a high of 5.16. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.43. Ascent Development Co's value of 13.60 is 150.5% above this industry median. Based on the distribution chart, Ascent Development Co ranks #376 out of 739 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Ascent Development Co has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ascent Development Co's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ascent Development Co ranks #376 out of 739 companies for Interest Coverage. This places Ascent Development Co in the lower half of its industry. The industry median Interest Coverage is 5.43. Ascent Development Co's value of 13.60 is 150.5% above this benchmark. Historically, Ascent Development Co's own Interest Coverage has ranged from 2.46 to 5.16 over the past decade. While the company's 10-year median is 2.98 vs. the industry median of 5.43, Ascent Development 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.43, based on 739 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. Ascent Development Co's current Interest Coverage of 13.60 is 150.5% 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 Ascent Development Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ascent Development Co's current Interest Coverage is 13.60, which is 356% above median its own 10-year median of 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascent Development Co stock overvalued right now?
Based on GuruFocus' analysis, Ascent Development Co (TPE:1439) is currently considered Possible Value Trap. The stock's GF Value™ is NT$51.70, compared to a current price of NT$24.10 — trading 53.4% below its estimated fair value. The current Interest Coverage is 13.60, which is 356% above median its 10-year median of 2.98 and 150.5% above the Manufacturing - Apparel & Accessories industry median of 5.43. Ascent Development Co's overall GF Score™ is 52/100 with 8 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 Ascent Development Co (TPE:1439), the current Interest Coverage is 13.60 as of Sep. 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 Ascent Development Co (TPE:1439) Overvalued in 2026?

Based on GuruFocus' analysis, Ascent Development Co stock appears to be undervalued. The current stock price of NT$24.10 is trading 53.4% below its estimated GF Value™ of NT$51.70. GuruFocus considers Ascent Development Co to be Possible Value Trap.

Key valuation signals for TPE:1439:

  • Interest Coverage: 13.60 (356% above median its 10-year median of 2.98)
  • GF Value™: NT$51.70 vs. price of NT$24.10 (53.4% below fair value)
  • GF Score™: 52/100 with 8 warning signs
  • Industry Position: 150.5% above the Manufacturing - Apparel & Accessories median (#376 of 739)

No single metric tells the full story. See the TPE:1439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ascent Development Co Business Description

Address Jingmao 1st Road, 11th Floor, No. 170, Nangang District, Taipei, TWN, 115018
Ascent Development Co Ltd mainly engages in real estate development, lease, and sale. The Company is engaged in entrusting construction companies to build or sell buildings, and its business cycle is usually longer than one year. Its businesses include real estate investment development, construction, lease of residential properties, and building development, rental, and leasing. Its segments include construction project sales, which generate maximum revenue, service, lease, and others. The company generates revenue from Taiwan.
52GF Score

Get the complete analysis for TPE:1439

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

NT$24.10
Price
NT$51.70
GF Value