Delta Electronics (TPE:2308) Interest Coverage: 46.74 (As of Dec. 2025) — Near Median


TPE:2308 Delta Electronics Inc TPE:2308
72 GF Score
Price NT$1,950.00
GF Value NT$632.18
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Delta Electronics Interest Coverage?

Delta Electronics TPE:2308 +2.36% 72 Interest Coverage is 46.74 as of Dec. 2025, which is 4% above its 10-year median of 45.13. GuruFocus rates TPE:2308 with a GF Score™ of 72/100 and a GF Value™ of NT$632.18 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,672 Hardware companies, Delta Electronics ranks better than 67.88% 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. Delta Electronics's Operating Income for the three months ended in Dec. 2025 was NT$26,486 Mil. Delta Electronics's Interest Expense for the three months ended in Dec. 2025 was NT$-567 Mil. Delta Electronics's interest coverage for the quarter that ended in Dec. 2025 was 46.74. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Delta Electronics's Interest Coverage or its related term are showing as below:

TPE:2308' s Interest Coverage Range Over the Past 10 Years
Min: 26.23   Med: 45.13   Max: 105.66
Current: 38.06


TPE:2308's Interest Coverage is ranked better than
67.88% of 1672 companies
in the Hardware industry
Industry Median: 13.73 vs TPE:2308: 38.06

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


Delta Electronics  (TPE:2308) 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 .


Delta Electronics Interest Coverage Related Terms


Delta Electronics Interest Coverage Historical Data

* Premium members only.

The historical data trend for Delta Electronics'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.

Delta Electronics Interest Coverage Chart

Delta Electronics 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 105.66 72.75 35.09 30.88 38.06

Delta Electronics 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 23.72 27.72 35.84 40.57 46.74

TPE:2308 vs APH, GLW, TEL: Interest Coverage Comparison

For the Electronic Components subindustry, Delta Electronics'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.


Delta Electronics Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Delta Electronics's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Delta Electronics's Interest Coverage falls into.


TPE:2308
72GF Score
Delta Electronics Inc TPE:2308
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Delta Electronics 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.

Delta Electronics'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, Delta Electronics's Interest Expense was NT$-2,216 Mil. Its Operating Income was NT$84,351 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$59,199 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*84350.955/-2216.008
=38.06

Delta Electronics's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Delta Electronics's Interest Expense was NT$-567 Mil. Its Operating Income was NT$26,486 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$59,199 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*26485.96/-566.609
=46.74

* 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 46.74 mean?
Delta Electronics (TPE:2308) has a Interest Coverage of 46.74 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Delta Electronics and its competitors. This is near median its historical median of 45.13. Over the past decade, Delta Electronics' Interest Coverage has ranged from 26.23 to 105.66. According to the industry distribution chart, Delta Electronics ranks #537 out of 1672 companies in the Hardware industry, placing it in the top 32.1%.
Is Delta Electronics' Interest Coverage too high?
Delta Electronics' current Interest Coverage of 46.74 is near median its 10-year median of 45.13. Over the past 10 years, this metric has ranged from a low of 26.23 to a high of 105.66. The Hardware industry median Interest Coverage is 13.73. Delta Electronics' value of 46.74 is 240.4% above this industry median. Based on the distribution chart, Delta Electronics ranks #537 out of 1672 companies in the Hardware industry, which is above the industry midpoint. Overall, Delta Electronics has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Delta Electronics' Interest Coverage compare to APH and GLW?
According to the Hardware industry distribution chart, Delta Electronics ranks #537 out of 1672 companies for Interest Coverage. This puts Delta Electronics in the upper half of its industry. The industry median Interest Coverage is 13.73. Delta Electronics' value of 46.74 is 240.4% above this benchmark. Historically, Delta Electronics' own Interest Coverage has ranged from 26.23 to 105.66 over the past decade. While the company's 10-year median is 45.13 vs. the industry median of 13.73, Delta Electronics 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.73, based on 1,672 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. Delta Electronics's current Interest Coverage of 46.74 is 240.4% 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 Delta Electronics and its competitors. For the Hardware industry, the median Interest Coverage is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Electronics's current Interest Coverage is 46.74, which is near median its own 10-year median of 45.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Electronics stock overvalued right now?
Based on GuruFocus' analysis, Delta Electronics (TPE:2308) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$632.18, compared to a current price of NT$1,950.00 — trading 208.5% above its estimated fair value. The current Interest Coverage is 46.74, which is near median its 10-year median of 45.13 and 240.4% above the Hardware industry median of 13.73. Delta Electronics' overall GF Score™ is 72/100 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 Delta Electronics (TPE:2308), the current Interest Coverage is 46.74 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 Delta Electronics (TPE:2308) Overvalued in 2026?

Based on GuruFocus' analysis, Delta Electronics stock appears to be overvalued. The current stock price of NT$1,950.00 is trading 208.5% above its estimated GF Value™ of NT$632.18. GuruFocus considers Delta Electronics to be Significantly Overvalued.

Key valuation signals for TPE:2308:

  • Interest Coverage: 46.74 (near median its 10-year median of 45.13)
  • GF Value™: NT$632.18 vs. price of NT$1,950.00 (208.5% above fair value)
  • GF Score™: 72/100 with 1 warning sign
  • Industry Position: 240.4% above the Hardware median (#537 of 1672)

No single metric tells the full story. See the TPE:2308 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Delta Electronics Business Description

Address No. 186, Ruey Kuang Road, Neihu District, Taipei, TWN, 114501
Founded in 1971 and headquartered in Taiwan, Delta Electronics is a global leader in power and thermal solutions. The company offers a wide range of products, with end applications spanning consumer electronics, data centers, industrial equipment, electric vehicles, and renewable energy systems. Delta operates across four business segments: power electronics, mobility, automation, and infrastructure.
72GF Score

Get the complete analysis for TPE:2308

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

NT$1,950.00
Price
NT$632.18
GF Value