Wan Hai Lines (TPE:2615) Interest Coverage: 14.65 (As of Dec. 2025) — 17% Below Median


TPE:2615 Wan Hai Lines Ltd TPE:2615
79 GF Score
Price NT$78.30
GF Value NT$72.09
Valuation Fairly Valued
! 4 Warning Signs
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What is Wan Hai Lines Interest Coverage?

Wan Hai Lines TPE:2615 -1.14% 79 Interest Coverage is 14.65 as of Dec. 2025, which is 17% below its 10-year median of 17.65. GuruFocus rates TPE:2615 with a GF Score™ of 79/100 and a GF Value™ of NT$72.09 (Fairly Valued). The stock has 4 warning signs investors should review. Among 839 Transportation companies, Wan Hai Lines ranks better than 76.88% 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. Wan Hai Lines's Operating Income for the three months ended in Dec. 2025 was NT$6,322 Mil. Wan Hai Lines's Interest Expense for the three months ended in Dec. 2025 was NT$-431 Mil. Wan Hai Lines's interest coverage for the quarter that ended in Dec. 2025 was 14.65. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Wan Hai Lines's Interest Coverage or its related term are showing as below:

TPE:2615' s Interest Coverage Range Over the Past 10 Years
Min: 1.75   Med: 17.65   Max: 175.25
Current: 17.65


TPE:2615's Interest Coverage is ranked better than
76.88% of 839 companies
in the Transportation industry
Industry Median: 5.68 vs TPE:2615: 17.65

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


Wan Hai Lines  (TPE:2615) 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 .


Wan Hai Lines Interest Coverage Related Terms


Wan Hai Lines Interest Coverage Historical Data

* Premium members only.

The historical data trend for Wan Hai Lines'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.

Wan Hai Lines Interest Coverage Chart

Wan Hai Lines 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 175.25 79.04 0.00 24.55 17.65

Wan Hai Lines 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 24.54 17.93 18.24 19.54 14.65

Wan Hai Lines Interest Coverage Competitor Comparison

For the Marine Shipping subindustry, Wan Hai Lines'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.


Wan Hai Lines Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Wan Hai Lines's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Wan Hai Lines's Interest Coverage falls into.


TPE:2615
79GF Score
Wan Hai Lines Ltd TPE:2615
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wan Hai Lines 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.

Wan Hai Lines'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, Wan Hai Lines's Interest Expense was NT$-1,882 Mil. Its Operating Income was NT$33,214 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$55,925 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*33214.408/-1881.643
=17.65

Wan Hai Lines's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Wan Hai Lines's Interest Expense was NT$-431 Mil. Its Operating Income was NT$6,322 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$55,925 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*6322.112/-431.448
=14.65

* 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 14.65 mean?
Wan Hai Lines (TPE:2615) has a Interest Coverage of 14.65 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Wan Hai Lines and its competitors. This is 17% below median its historical median of 17.65. Over the past decade, Wan Hai Lines' Interest Coverage has ranged from 1.75 to 175.25. According to the industry distribution chart, Wan Hai Lines ranks #194 out of 839 companies in the Transportation industry, placing it in the top 23.1%.
Is Wan Hai Lines' Interest Coverage too high?
Wan Hai Lines' current Interest Coverage of 14.65 is 17% below median its 10-year median of 17.65. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 175.25. The Transportation industry median Interest Coverage is 5.68. Wan Hai Lines' value of 14.65 is 157.9% above this industry median. Based on the distribution chart, Wan Hai Lines ranks #194 out of 839 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Wan Hai Lines has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Wan Hai Lines' Interest Coverage compare to competitors?
According to the Transportation industry distribution chart, Wan Hai Lines ranks #194 out of 839 companies for Interest Coverage. This places Wan Hai Lines in the top 23% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.68. Wan Hai Lines' value of 14.65 is 157.9% above this benchmark. Historically, Wan Hai Lines' own Interest Coverage has ranged from 1.75 to 175.25 over the past decade. While the company's 10-year median is 17.65 vs. the industry median of 5.68, Wan Hai Lines 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.68, based on 839 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. Wan Hai Lines's current Interest Coverage of 14.65 is 157.9% 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 Wan Hai Lines and its competitors. For the Transportation industry, the median Interest Coverage is 5.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wan Hai Lines's current Interest Coverage is 14.65, which is 17% below median its own 10-year median of 17.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wan Hai Lines stock overvalued right now?
Based on GuruFocus' analysis, Wan Hai Lines (TPE:2615) is currently considered Fairly Valued. The stock's GF Value™ is NT$72.09, compared to a current price of NT$78.30 — trading 8.6% above its estimated fair value. The current Interest Coverage is 14.65, which is 17% below median its 10-year median of 17.65 and 157.9% above the Transportation industry median of 5.68. Wan Hai Lines' overall GF Score™ is 79/100 with 4 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 Wan Hai Lines (TPE:2615), the current Interest Coverage is 14.65 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 Wan Hai Lines (TPE:2615) Overvalued in 2026?

Based on GuruFocus' analysis, Wan Hai Lines stock appears to be overvalued. The current stock price of NT$78.30 is trading 8.6% above its estimated GF Value™ of NT$72.09. GuruFocus considers Wan Hai Lines to be Fairly Valued.

Key valuation signals for TPE:2615:

  • Interest Coverage: 14.65 (17% below median its 10-year median of 17.65)
  • GF Value™: NT$72.09 vs. price of NT$78.30 (8.6% above fair value)
  • GF Score™: 79/100 with 4 warning signs
  • Industry Position: 157.9% above the Transportation median (#194 of 839)

No single metric tells the full story. See the TPE:2615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wan Hai Lines Business Description

Address 136, Sung Chiang Road, 10th Floor, Taipei, TWN
Wan Hai Lines Ltd is a transportation and logistics company domiciled in Taiwan. The company develops and operates terminals, container yards, and warehouses, and provides container shipping services through its fleet of vessels. Besides, the company constructs and maintains cargo containers, provides container loading and unloading services, and constructs and maintains ships. The company generates the majority of its revenue from Freight, Rentals, followed by WHL Terminals and Other services in geographical regions that include Asia, followed by India, the Middle East, America and the Red Sea.
79GF Score

Get the complete analysis for TPE:2615

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

NT$78.30
Price
NT$72.09
GF Value