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. Goodway Machine's
Operating Income
for the
three
months ended in Dec. 2025 was NT$-21 Mil. Goodway Machine's Interest Expense for the
three
months ended in Dec. 2025 was NT$-24 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Goodway Machine's Interest Coverage or its related term are showing as below:
TPE:1583's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 14.775 * Ranked among companies with meaningful Interest Coverage only.
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 .
Goodway Machine Interest Coverage Related Terms
Goodway Machine Interest Coverage Historical Data
* Premium members only.
The historical data trend for Goodway Machine'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.
TPE:1583 vs GEV, ETN, PH: Interest Coverage Comparison
For the Specialty Industrial Machinery subindustry, Goodway Machine'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.
Goodway Machine Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Goodway Machine's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Goodway Machine's Interest Coverage falls into.
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:
Goodway Machine did not have earnings to cover the interest expense.
* 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.
What does a Interest Coverage of 0 (At Loss) mean?
Goodway Machine (TPE:1583) has a Interest Coverage of 0 (At Loss) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Goodway Machine and its competitors. According to the industry distribution chart, Goodway Machine ranks #999999 out of 2322 companies in the Industrial Products industry.
Is Goodway Machine's Interest Coverage too high?
Goodway Machine's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Goodway Machine ranks #999999 out of 2322 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Goodway Machine has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Goodway Machine's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Goodway Machine ranks #999999 out of 2322 companies for Interest Coverage. This places Goodway Machine in the lower half of its industry. The industry median Interest Coverage is 14.78. 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 14.78, based on 2,322 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 Goodway Machine and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodway Machine's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodway Machine stock overvalued right now?
Based on GuruFocus' analysis, Goodway Machine (TPE:1583) is currently considered Fairly Valued. The stock's GF Value™ is NT$44.85, compared to a current price of NT$49.25 — trading 9.8% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Goodway Machine's overall GF Score™ is 59/100 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 Goodway Machine (TPE:1583), the current Interest Coverage is 0 (At Loss) 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 Goodway Machine (TPE:1583) Overvalued in 2026?
Based on GuruFocus' analysis, Goodway Machine stock appears to be overvalued.
The current stock price of NT$49.25 is trading 9.8% above its estimated GF Value™ of NT$44.85.
GuruFocus considers Goodway Machine to be Fairly Valued.
Key valuation signals for TPE:1583:
Interest Coverage: 0 (At Loss)
GF Value™: NT$44.85 vs. price of NT$49.25 (9.8% above fair value)
No single metric tells the full story. See the TPE:1583 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goodway Machine Corp engaged in manufacturing, sales, and purchases of a variety of machine tools, automatic machinery and hardware, woodworking machinery, and woodworking lathes. The company has two reportable segments, the CNC Lathe segment and the Processing Machine segment, which are mainly engaged in the design, manufacturing, and trading of industrial machine tools. Geographically, the company generates a majority of its revenue from Asia (excluding Taiwan) and the rest from Europe, America, Taiwan, and other regions.
59GF Score
Get the complete analysis for TPE:1583
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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