Winbond Electronics (TPE:2344) Interest Coverage: 11.90 (As of Dec. 2025) — 40% Below Median


TPE:2344 Winbond Electronics Corp TPE:2344
64 GF Score
Price NT$203.00
GF Value NT$46.18
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Winbond Electronics Interest Coverage?

Winbond Electronics TPE:2344 -1.69% 64 Interest Coverage is 11.90 as of Dec. 2025, which is 40% below its 10-year median of 19.85. GuruFocus rates TPE:2344 with a GF Score™ of 64/100 and a GF Value™ of NT$46.18 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 636 Semiconductors companies, Winbond Electronics ranks worse than 80.03% 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. Winbond Electronics's Operating Income for the three months ended in Dec. 2025 was NT$4,145 Mil. Winbond Electronics's Interest Expense for the three months ended in Dec. 2025 was NT$-348 Mil. Winbond Electronics's interest coverage for the quarter that ended in Dec. 2025 was 11.90. The higher the ratio, the stronger the company's financial strength is.

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

TPE:2344' s Interest Coverage Range Over the Past 10 Years
Min: 0.43   Med: 19.85   Max: 172.69
Current: 4.08


TPE:2344's Interest Coverage is ranked worse than
80.03% of 636 companies
in the Semiconductors industry
Industry Median: 20.225 vs TPE:2344: 4.08

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


Winbond Electronics  (TPE:2344) 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 .


Winbond Electronics Interest Coverage Related Terms


Winbond Electronics Interest Coverage Historical Data

* Premium members only.

The historical data trend for Winbond 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.

Winbond Electronics Interest Coverage Chart

Winbond 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 89.78 172.69 0.00 0.43 4.08

Winbond 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 0.00 0.00 0.00 10.25 11.90

TPE:2344 vs NVDA, AVGO, MU: Interest Coverage Comparison

For the Semiconductors subindustry, Winbond 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.


Winbond Electronics Interest Coverage vs Semiconductors Industry

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

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


TPE:2344
64GF Score
Winbond Electronics Corp TPE:2344
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Winbond 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.

Winbond 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, Winbond Electronics's Interest Expense was NT$-1,387 Mil. Its Operating Income was NT$5,658 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$28,208 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*5657.733/-1387.102
=4.08

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

Here, for the three months ended in Dec. 2025, Winbond Electronics's Interest Expense was NT$-348 Mil. Its Operating Income was NT$4,145 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$28,208 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*4145.249/-348.28
=11.90

* 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 11.90 mean?
Winbond Electronics (TPE:2344) has a Interest Coverage of 11.90 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Winbond Electronics and its competitors. This is 40% below median its historical median of 19.85. Over the past decade, Winbond Electronics' Interest Coverage has ranged from 0.43 to 172.69. According to the industry distribution chart, Winbond Electronics ranks #509 out of 636 companies in the Semiconductors industry, placing it in the top 80%.
Is Winbond Electronics' Interest Coverage too high?
Winbond Electronics' current Interest Coverage of 11.90 is 40% below median its 10-year median of 19.85. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 172.69. The Semiconductors industry median Interest Coverage is 20.23. Winbond Electronics' value of 11.90 is 41.2% below this industry median. Based on the distribution chart, Winbond Electronics ranks #509 out of 636 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Winbond Electronics has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Winbond Electronics' Interest Coverage compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Winbond Electronics ranks #509 out of 636 companies for Interest Coverage. This places Winbond Electronics in the lower half of its industry. The industry median Interest Coverage is 20.23. Winbond Electronics' value of 11.90 is 41.2% below this benchmark. Historically, Winbond Electronics' own Interest Coverage has ranged from 0.43 to 172.69 over the past decade. While the company's 10-year median is 19.85 vs. the industry median of 20.23, Winbond Electronics has consistently been below 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.23, based on 636 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. Winbond Electronics's current Interest Coverage of 11.90 is 41.2% below 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 Winbond Electronics and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Winbond Electronics's current Interest Coverage is 11.90, which is 40% below median its own 10-year median of 19.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Winbond Electronics stock overvalued right now?
Based on GuruFocus' analysis, Winbond Electronics (TPE:2344) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$46.18, compared to a current price of NT$203.00 — trading 339.6% above its estimated fair value. The current Interest Coverage is 11.90, which is 40% below median its 10-year median of 19.85 and 41.2% below the Semiconductors industry median of 20.23. Winbond Electronics' overall GF Score™ is 64/100 with 10 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 Winbond Electronics (TPE:2344), the current Interest Coverage is 11.90 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 Winbond Electronics (TPE:2344) Overvalued in 2026?

Based on GuruFocus' analysis, Winbond Electronics stock appears to be overvalued. The current stock price of NT$203.00 is trading 339.6% above its estimated GF Value™ of NT$46.18. GuruFocus considers Winbond Electronics to be Significantly Overvalued.

Key valuation signals for TPE:2344:

  • Interest Coverage: 11.90 (40% below median its 10-year median of 19.85)
  • GF Value™: NT$46.18 vs. price of NT$203.00 (339.6% above fair value)
  • GF Score™: 64/100 with 10 warning signs
  • Industry Position: 41.2% below the Semiconductors median (#509 of 636)

No single metric tells the full story. See the TPE:2344 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Winbond Electronics Business Description

Address No. 8, Keya 1st Road, Daya District, Taichung, TWN
Winbond Electronics Corp is engaged in the design, development, manufacture, and marketing of very large scale integration (VLSI) integrated circuits (ICs) used in a variety of microelectronic applications. In addition, it offers customised memory solutions like Mobile RAM and Specialty DRAM, and core storage flash memory products. The company's operating segments are Customized Memory Solution product, Flash Memory product, and Logic IC product. Maximum revenue is generated from the Flash Memory product segment, which engages mainly in the manufacturing, selling, researching, designing and after-sales service of Flash Memory product. Geographically, the company generates maximum revenue from Asia, followed by America, Europe, and Other regions.
64GF Score

Get the complete analysis for TPE:2344

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

NT$203.00
Price
NT$46.18
GF Value