Ta-I Technology Co (TPE:2478) Interest Coverage: 40.25 (As of Dec. 2025) — 13% Below Median


TPE:2478 Ta-I Technology Co Ltd TPE:2478
63 GF Score
Price NT$225.50
GF Value NT$55.93
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Ta-I Technology Co Interest Coverage?

Ta-I Technology Co TPE:2478 63 Interest Coverage is 40.25 as of Dec. 2025, which is 13% below its 10-year median of 46.14. GuruFocus rates TPE:2478 with a GF Score™ of 63/100 and a GF Value™ of NT$55.93 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,672 Hardware companies, Ta-I Technology Co ranks better than 68% 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. Ta-I Technology Co's Operating Income for the three months ended in Dec. 2025 was NT$166 Mil. Ta-I Technology Co's Interest Expense for the three months ended in Dec. 2025 was NT$-4 Mil. Ta-I Technology Co's interest coverage for the quarter that ended in Dec. 2025 was 40.25. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Ta-I Technology Co's Interest Coverage or its related term are showing as below:

TPE:2478' s Interest Coverage Range Over the Past 10 Years
Min: 16.64   Med: 46.14   Max: 643.51
Current: 38.32


TPE:2478's Interest Coverage is ranked better than
68% of 1672 companies
in the Hardware industry
Industry Median: 13.73 vs TPE:2478: 38.32

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


Ta-I Technology Co  (TPE:2478) 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 .


Ta-I Technology Co Interest Coverage Related Terms


Ta-I Technology Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ta-I Technology 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.

Ta-I Technology Co Interest Coverage Chart

Ta-I Technology 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 107.81 47.84 23.03 16.64 38.32

Ta-I Technology 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 11.24 30.19 43.19 41.14 40.25

TPE:2478 vs APH, GLW: Interest Coverage Comparison

For the Electronic Components subindustry, Ta-I Technology 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.


Ta-I Technology Co Interest Coverage vs Hardware Industry

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

* The bar in red indicates where Ta-I Technology Co's Interest Coverage falls into.


TPE:2478
63GF Score
Ta-I Technology Co Ltd TPE:2478
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ta-I Technology 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.

Ta-I Technology 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, Ta-I Technology Co's Interest Expense was NT$-16 Mil. Its Operating Income was NT$624 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$908 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*624.185/-16.288
=38.32

Ta-I Technology Co's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Ta-I Technology Co's Interest Expense was NT$-4 Mil. Its Operating Income was NT$166 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$908 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*166.367/-4.133
=40.25

* 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 40.25 mean?
Ta-I Technology Co (TPE:2478) has a Interest Coverage of 40.25 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ta-I Technology Co and its competitors. This is 13% below median its historical median of 46.14. Over the past decade, Ta-I Technology Co's Interest Coverage has ranged from 16.64 to 643.51. According to the industry distribution chart, Ta-I Technology Co ranks #535 out of 1672 companies in the Hardware industry, placing it in the top 32%.
Is Ta-I Technology Co's Interest Coverage too high?
Ta-I Technology Co's current Interest Coverage of 40.25 is 13% below median its 10-year median of 46.14. Over the past 10 years, this metric has ranged from a low of 16.64 to a high of 643.51. The Hardware industry median Interest Coverage is 13.73. Ta-I Technology Co's value of 40.25 is 193.2% above this industry median. Based on the distribution chart, Ta-I Technology Co ranks #535 out of 1672 companies in the Hardware industry, which is above the industry midpoint. Overall, Ta-I Technology Co has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ta-I Technology Co's Interest Coverage compare to APH and GLW?
According to the Hardware industry distribution chart, Ta-I Technology Co ranks #535 out of 1672 companies for Interest Coverage. This puts Ta-I Technology Co in the upper half of its industry. The industry median Interest Coverage is 13.73. Ta-I Technology Co's value of 40.25 is 193.2% above this benchmark. Historically, Ta-I Technology Co's own Interest Coverage has ranged from 16.64 to 643.51 over the past decade. While the company's 10-year median is 46.14 vs. the industry median of 13.73, Ta-I Technology 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. Ta-I Technology Co's current Interest Coverage of 40.25 is 193.2% 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 Ta-I Technology 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. Ta-I Technology Co's current Interest Coverage is 40.25, which is 13% below median its own 10-year median of 46.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ta-I Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ta-I Technology Co (TPE:2478) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$55.93, compared to a current price of NT$225.50 — trading 303.2% above its estimated fair value. The current Interest Coverage is 40.25, which is 13% below median its 10-year median of 46.14 and 193.2% above the Hardware industry median of 13.73. Ta-I Technology Co's overall GF Score™ is 63/100 with 8 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 Ta-I Technology Co (TPE:2478), the current Interest Coverage is 40.25 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 Ta-I Technology Co (TPE:2478) Overvalued in 2026?

Based on GuruFocus' analysis, Ta-I Technology Co stock appears to be overvalued. The current stock price of NT$225.50 is trading 303.2% above its estimated GF Value™ of NT$55.93. GuruFocus considers Ta-I Technology Co to be Significantly Overvalued.

Key valuation signals for TPE:2478:

  • Interest Coverage: 40.25 (13% below median its 10-year median of 46.14)
  • GF Value™: NT$55.93 vs. price of NT$225.50 (303.2% above fair value)
  • GF Score™: 63/100 with 8 warning signs
  • Industry Position: 193.2% above the Hardware median (#535 of 1672)

No single metric tells the full story. See the TPE:2478 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ta-I Technology Co Business Description

Address No.4, Lane 17, Section 3, Nanshan Road, Luzhu District, Taoyuan, TWN
Ta-I Technology Co Ltd manufactures chip resistors in Taiwan. Its product portfolio comprises thick film resistors, thick film resistor networks, thick film integrated circuits, surface mount and assembly, and other electronic parts and components. The Group has only one reportable segment, that is the chip resistor product segment.
63GF Score

Get the complete analysis for TPE:2478

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

NT$225.50
Price
NT$55.93
GF Value