Shiny Chemical Industrial Co (TPE:1773) Interest Coverage: 269.40 (As of Jun. 2026) — 58% Below Median

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TPE:1773 Shiny Chemical Industrial Co Ltd TPE:1773
94 GF Score
Price NT$159.50
GF Value NT$154.53
Valuation Fairly Valued
! 1 Warning Sign
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What is Shiny Chemical Industrial Co Interest Coverage?

Shiny Chemical Industrial Co TPE:1773 +2.24% 94 Interest Coverage is 269.40 as of Jun. 2026, which is 58% below its 10-year median of 636.66. GuruFocus rates TPE:1773 with a GF Score™ of 94/100 and a GF Value™ of NT$154.53 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,254 Chemicals companies, Shiny Chemical Industrial Co ranks better than 84.61% 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. Shiny Chemical Industrial Co's Operating Income for the three months ended in Jun. 2026 was NT$850 Mil. Shiny Chemical Industrial Co's Interest Expense for the three months ended in Jun. 2026 was NT$-3 Mil. Shiny Chemical Industrial Co's interest coverage for the quarter that ended in Jun. 2026 was 269.40. The higher the ratio, the stronger the company's financial strength is.

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

TPE:1773' s Interest Coverage Range Over the Past 10 Years
Min: 36.44   Med: 636.66   Max: 19511.78
Current: 115


TPE:1773's Interest Coverage is ranked better than
84.61% of 1254 companies
in the Chemicals industry
Industry Median: 11.25 vs TPE:1773: 115.00

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


Shiny Chemical Industrial Co  (TPE:1773) 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 .


Shiny Chemical Industrial Co Interest Coverage Related Terms


Shiny Chemical Industrial Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shiny Chemical 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.

Shiny Chemical Industrial Co Interest Coverage Chart

Shiny Chemical 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 855.53 632.87 99.35 36.44 56.00

Shiny Chemical 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 47.66 78.93 74.29 142.97 269.40

TPE:1773 vs DOW: Interest Coverage Comparison

For the Chemicals subindustry, Shiny Chemical 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.


Shiny Chemical Industrial Co Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Shiny Chemical Industrial Co's Interest Coverage distribution charts can be found below:

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


TPE:1773
94GF Score
Shiny Chemical Industrial Co Ltd TPE:1773
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shiny Chemical 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.

Shiny Chemical 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, Shiny Chemical Industrial Co's Interest Expense was NT$-42 Mil. Its Operating Income was NT$2,377 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$2,310 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*2377.201/-42.448
=56.00

Shiny Chemical 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, Shiny Chemical Industrial Co's Interest Expense was NT$-3 Mil. Its Operating Income was NT$850 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$2,390 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*849.688/-3.154
=269.40

* 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 269.40 mean?
Shiny Chemical Industrial Co (TPE:1773) has a Interest Coverage of 269.40 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shiny Chemical Industrial Co and its competitors. This is 58% below median its historical median of 636.66. Over the past decade, Shiny Chemical Industrial Co's Interest Coverage has ranged from 36.44 to 19,511.78. According to the industry distribution chart, Shiny Chemical Industrial Co ranks #193 out of 1254 companies in the Chemicals industry, placing it in the top 15.4%.
Is Shiny Chemical Industrial Co's Interest Coverage too high?
Shiny Chemical Industrial Co's current Interest Coverage of 269.40 is 58% below median its 10-year median of 636.66. Over the past 10 years, this metric has ranged from a low of 36.44 to a high of 19,511.78. The Chemicals industry median Interest Coverage is 11.25. Shiny Chemical Industrial Co's value of 269.40 is 2294.7% above this industry median. Based on the distribution chart, Shiny Chemical Industrial Co ranks #193 out of 1254 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Shiny Chemical Industrial Co has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shiny Chemical Industrial Co's Interest Coverage compare to DOW?
According to the Chemicals industry distribution chart, Shiny Chemical Industrial Co ranks #193 out of 1254 companies for Interest Coverage. This places Shiny Chemical Industrial Co in the top 15% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 11.25. Shiny Chemical Industrial Co's value of 269.40 is 2294.7% above this benchmark. Historically, Shiny Chemical Industrial Co's own Interest Coverage has ranged from 36.44 to 19,511.78 over the past decade. While the company's 10-year median is 636.66 vs. the industry median of 11.25, Shiny Chemical 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 11.25, based on 1,254 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. Shiny Chemical Industrial Co's current Interest Coverage of 269.40 is 2294.7% 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 Shiny Chemical Industrial Co and its competitors. For the Chemicals industry, the median Interest Coverage is 11.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shiny Chemical Industrial Co's current Interest Coverage is 269.40, which is 58% below median its own 10-year median of 636.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiny Chemical Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Shiny Chemical Industrial Co (TPE:1773) is currently considered Fairly Valued. The stock's GF Value™ is NT$154.53, compared to a current price of NT$159.50 — trading 3.2% above its estimated fair value. The current Interest Coverage is 269.40, which is 58% below median its 10-year median of 636.66 and 2294.7% above the Chemicals industry median of 11.25. Shiny Chemical Industrial Co's overall GF Score™ is 94/100 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 Shiny Chemical Industrial Co (TPE:1773), the current Interest Coverage is 269.40 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 Shiny Chemical Industrial Co (TPE:1773) Overvalued in 2026?

Based on GuruFocus' analysis, Shiny Chemical Industrial Co stock appears to be overvalued. The current stock price of NT$159.50 is trading 3.2% above its estimated GF Value™ of NT$154.53. GuruFocus considers Shiny Chemical Industrial Co to be Fairly Valued.

Key valuation signals for TPE:1773:

  • Interest Coverage: 269.40 (58% below median its 10-year median of 636.66)
  • GF Value™: NT$154.53 vs. price of NT$159.50 (3.2% above fair value)
  • GF Score™: 94/100 with 1 warning sign
  • Industry Position: 2294.7% above the Chemicals median (#193 of 1254)

No single metric tells the full story. See the TPE:1773 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shiny Chemical Industrial Co Business Description

Address No. 5, Yonggong 1st Road, Yongan District, Kaohsiung, TWN, 82841
Shiny Chemical Industrial Co Ltd is a Taiwan-based company predominantly engaged in the manufacturing and distribution of chemical solvent series products including N-Butyl Acetate, and N-Propyl Acetate, Propylene Glycol Monomethyl Ether Propionate and Methanol, and among others. Geographically, the company generates a majority of its revenue from Taiwan and the rest from South Korea, Vietnam, Thailand, China, and other markets.
94GF Score

Get the complete analysis for TPE:1773

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

NT$159.50
Price
NT$154.53
GF Value