Zig Sheng Industrial Co (TPE:1455) Interest Coverage: 9.36 (As of Jun. 2026) — 26% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:1455 Zig Sheng Industrial Co Ltd TPE:1455
57 GF Score
Price NT$10.00
GF Value NT$6.66
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Zig Sheng Industrial Co Interest Coverage?

Zig Sheng Industrial Co TPE:1455 -0.99% 57 Interest Coverage is 9.36 as of Jun. 2026, which is 26% below its 10-year median of 12.58. GuruFocus rates TPE:1455 with a GF Score™ of 57/100 and a GF Value™ of NT$6.66 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 752 Manufacturing - Apparel & Accessories companies, Zig Sheng Industrial Co ranks worse than 132978.59% 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. Zig Sheng Industrial Co's Operating Income for the three months ended in Jun. 2026 was NT$124 Mil. Zig Sheng Industrial Co's Interest Expense for the three months ended in Jun. 2026 was NT$-13 Mil. Zig Sheng Industrial Co's interest coverage for the quarter that ended in Jun. 2026 was 9.36. The higher the ratio, the stronger the company's financial strength is.

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


TPE:1455's Interest Coverage is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.42
* Ranked among companies with meaningful Interest Coverage only.

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


Zig Sheng Industrial Co  (TPE:1455) 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 .


Zig Sheng Industrial Co Interest Coverage Related Terms


Zig Sheng Industrial Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Zig Sheng Industrial 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.

Zig Sheng Industrial Co Interest Coverage Chart

Zig Sheng Industrial Co 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 33.83 0.00 0.00 0.00 0.00

Zig Sheng Industrial Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 9.36

Zig Sheng Industrial Co Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Zig Sheng Industrial 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.


Zig Sheng Industrial Co Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Zig Sheng Industrial Co's Interest Coverage falls into.


TPE:1455
57GF Score
Zig Sheng Industrial Co Ltd TPE:1455
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zig Sheng Industrial 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.

Zig Sheng Industrial 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, Zig Sheng Industrial Co's Interest Expense was NT$-57 Mil. Its Operating Income was NT$-451 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1,604 Mil.

Zig Sheng Industrial Co did not have earnings to cover the interest expense.

Zig Sheng Industrial Co's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Zig Sheng Industrial Co's Interest Expense was NT$-13 Mil. Its Operating Income was NT$124 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1,568 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*123.58/-13.197
=9.36

* 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 9.36 mean?
Zig Sheng Industrial Co (TPE:1455) has a Interest Coverage of 9.36 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Zig Sheng Industrial Co and its competitors. This is 26% below median its historical median of 12.58. According to the industry distribution chart, Zig Sheng Industrial Co ranks #999999 out of 752 companies in the Manufacturing - Apparel & Accessories industry.
Is Zig Sheng Industrial Co's Interest Coverage too high?
Zig Sheng Industrial Co's current Interest Coverage of 9.36 is 26% below median its 10-year median of 12.58. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.42. Zig Sheng Industrial Co's value of 9.36 is 72.7% above this industry median. Based on the distribution chart, Zig Sheng Industrial Co ranks #999999 out of 752 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Zig Sheng Industrial Co has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zig Sheng Industrial Co's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Zig Sheng Industrial Co ranks #999999 out of 752 companies for Interest Coverage. This places Zig Sheng Industrial Co in the lower half of its industry. The industry median Interest Coverage is 5.42. Zig Sheng Industrial Co's value of 9.36 is 72.7% above this benchmark. While the company's 10-year median is 12.58 vs. the industry median of 5.42, Zig Sheng Industrial 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 5.42, based on 752 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. Zig Sheng Industrial Co's current Interest Coverage of 9.36 is 72.7% 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 Zig Sheng Industrial Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zig Sheng Industrial Co's current Interest Coverage is 9.36, which is 26% below median its own 10-year median of 12.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zig Sheng Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Zig Sheng Industrial Co (TPE:1455) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$6.66, compared to a current price of NT$10.00 — trading 50.2% above its estimated fair value. The current Interest Coverage is 9.36, which is 26% below median its 10-year median of 12.58 and 72.7% above the Manufacturing - Apparel & Accessories industry median of 5.42. Zig Sheng Industrial Co's overall GF Score™ is 57/100 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 Zig Sheng Industrial Co (TPE:1455), the current Interest Coverage is 9.36 as of Jun. 2026. 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 Zig Sheng Industrial Co (TPE:1455) Overvalued in 2026?

Based on GuruFocus' analysis, Zig Sheng Industrial Co stock appears to be overvalued. The current stock price of NT$10.00 is trading 50.2% above its estimated GF Value™ of NT$6.66. GuruFocus considers Zig Sheng Industrial Co to be Significantly Overvalued.

Key valuation signals for TPE:1455:

  • Interest Coverage: 9.36 (26% below median its 10-year median of 12.58)
  • GF Value™: NT$6.66 vs. price of NT$10.00 (50.2% above fair value)
  • GF Score™: 57/100 with 8 warning signs
  • Industry Position: 72.7% above the Manufacturing - Apparel & Accessories median (#999999 of 752)

No single metric tells the full story. See the TPE:1455 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zig Sheng Industrial Co Business Description

Address No. 70, Sining North Road, 2nd Floor, Datong District, Taipei, TWN
Zig Sheng Industrial Co Ltd is a Taiwan-based company principally engaged in the spinning, weaving, dyeing/finishing, printing, processing, and trading of various filaments, artificial cotton, and nylon. It offers Textured yarns, Polyester yarn Nylon filaments, and Nylon chips products. The textured yarns products include function yarns, high stretch yarns, nylon yarns, multifilament, and fancy yarns, among others. Its nylon filament products include fine filament yarns, polyester pre-oriented yarns, oxford yarns, and industrial yarns. The nylon chip products include spinning grade nylon chips and engineering plastic grade nylon chips. It has two reporting segments namely Fiber operating segment and Chemical materials operating segment generating key revenue from Fiber operating segment.
57GF Score

Get the complete analysis for TPE:1455

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

NT$10.00
Price
NT$6.66
GF Value