Micro-Star International Co (TPE:2377) Interest Coverage: 24.10 (As of Dec. 2025) — 92% Below Median


TPE:2377 Micro-Star International Co Ltd TPE:2377
87 GF Score
Price NT$139.00
GF Value NT$203.73
Valuation Possible Value Trap
! 5 Warning Signs
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What is Micro-Star International Co Interest Coverage?

Micro-Star International Co TPE:2377 +5.70% 87 Interest Coverage is 24.10 as of Dec. 2025, which is 92% below its 10-year median of 303.29. GuruFocus rates TPE:2377 with a GF Score™ of 87/100 and a GF Value™ of NT$203.73 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,672 Hardware companies, Micro-Star International Co ranks better than 70.63% 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. Micro-Star International Co's Operating Income for the three months ended in Dec. 2025 was NT$1,525 Mil. Micro-Star International Co's Interest Expense for the three months ended in Dec. 2025 was NT$-63 Mil. Micro-Star International Co's interest coverage for the quarter that ended in Dec. 2025 was 24.10. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Micro-Star International Co's Interest Coverage or its related term are showing as below:

TPE:2377' s Interest Coverage Range Over the Past 10 Years
Min: 47.07   Med: 303.29   Max: 2144.11
Current: 47.07


TPE:2377's Interest Coverage is ranked better than
70.63% of 1672 companies
in the Hardware industry
Industry Median: 13.73 vs TPE:2377: 47.07

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


Micro-Star International Co  (TPE:2377) 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 .


Micro-Star International Co Interest Coverage Related Terms


Micro-Star International Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Micro-Star International 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.

Micro-Star International Co Interest Coverage Chart

Micro-Star International 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 1,068.54 280.93 319.20 162.28 47.07

Micro-Star International Co 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 41.83 120.86 100.05 41.89 24.10

TPE:2377 vs SNDK, DELL, STX: Interest Coverage Comparison

For the Computer Hardware subindustry, Micro-Star International 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.


Micro-Star International Co Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Micro-Star International Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Micro-Star International Co's Interest Coverage falls into.


TPE:2377
87GF Score
Micro-Star International Co Ltd TPE:2377
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Micro-Star International 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.

Micro-Star International 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, Micro-Star International Co's Interest Expense was NT$-135 Mil. Its Operating Income was NT$6,371 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$6,824 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*6370.818/-135.356
=47.07

Micro-Star International Co's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Micro-Star International Co's Interest Expense was NT$-63 Mil. Its Operating Income was NT$1,525 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$6,824 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*1524.555/-63.261
=24.10

* 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 24.10 mean?
Micro-Star International Co (TPE:2377) has a Interest Coverage of 24.10 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Micro-Star International Co and its competitors. This is 92% below median its historical median of 303.29. Over the past decade, Micro-Star International Co's Interest Coverage has ranged from 47.07 to 2,144.11. According to the industry distribution chart, Micro-Star International Co ranks #491 out of 1672 companies in the Hardware industry, placing it in the top 29.4%.
Is Micro-Star International Co's Interest Coverage too high?
Micro-Star International Co's current Interest Coverage of 24.10 is 92% below median its 10-year median of 303.29. Over the past 10 years, this metric has ranged from a low of 47.07 to a high of 2,144.11. The Hardware industry median Interest Coverage is 13.73. Micro-Star International Co's value of 24.10 is 75.5% above this industry median. Based on the distribution chart, Micro-Star International Co ranks #491 out of 1672 companies in the Hardware industry, which is above the industry midpoint. Overall, Micro-Star International Co has a GF Score™ of 87/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Micro-Star International Co's Interest Coverage compare to SNDK and DELL?
According to the Hardware industry distribution chart, Micro-Star International Co ranks #491 out of 1672 companies for Interest Coverage. This puts Micro-Star International Co in the upper half of its industry. The industry median Interest Coverage is 13.73. Micro-Star International Co's value of 24.10 is 75.5% above this benchmark. Historically, Micro-Star International Co's own Interest Coverage has ranged from 47.07 to 2,144.11 over the past decade. While the company's 10-year median is 303.29 vs. the industry median of 13.73, Micro-Star International 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 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. Micro-Star International Co's current Interest Coverage of 24.10 is 75.5% 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 Micro-Star International Co 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. Micro-Star International Co's current Interest Coverage is 24.10, which is 92% below median its own 10-year median of 303.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micro-Star International Co stock overvalued right now?
Based on GuruFocus' analysis, Micro-Star International Co (TPE:2377) is currently considered Possible Value Trap. The stock's GF Value™ is NT$203.73, compared to a current price of NT$139.00 — trading 31.8% below its estimated fair value. The current Interest Coverage is 24.10, which is 92% below median its 10-year median of 303.29 and 75.5% above the Hardware industry median of 13.73. Micro-Star International Co's overall GF Score™ is 87/100 with 5 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 Micro-Star International Co (TPE:2377), the current Interest Coverage is 24.10 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 Micro-Star International Co (TPE:2377) Overvalued in 2026?

Based on GuruFocus' analysis, Micro-Star International Co stock appears to be undervalued. The current stock price of NT$139.00 is trading 31.8% below its estimated GF Value™ of NT$203.73. GuruFocus considers Micro-Star International Co to be Possible Value Trap.

Key valuation signals for TPE:2377:

  • Interest Coverage: 24.10 (92% below median its 10-year median of 303.29)
  • GF Value™: NT$203.73 vs. price of NT$139.00 (31.8% below fair value)
  • GF Score™: 87/100 with 5 warning signs
  • Industry Position: 75.5% above the Hardware median (#491 of 1672)

No single metric tells the full story. See the TPE:2377 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Micro-Star International Co Business Description

Address No. 69, Lide Street, Zhonghe District, New Taipei, TWN, 235
Micro-Star International Co Ltd is a manufacturer and distributor of computer hardware products, particularly gaming laptops and hardware. The company has single reportable segment which is Computer and IT segment. Its other products include laptops, motherboards, graphics cards, all-in-one PCs, mobile workstations, barebone computers, servers, multimedia peripherals to vehicle infotainment solutions, smart cleaning robots, and Wi-Fi cameras. Geographically, it generates revenue from Asia, Europe, America and others.
87GF Score

Get the complete analysis for TPE:2377

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

NT$139.00
Price
NT$203.73
GF Value