Evergreen Aviation Technologies (TPE:2645) Interest Coverage: 14.34 (As of Dec. 2025) — 44% Above Median


TPE:2645 Evergreen Aviation Technologies Corp TPE:2645
69 GF Score
Price NT$185.50
GF Value NT$139.18
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Evergreen Aviation Technologies Interest Coverage?

Evergreen Aviation Technologies TPE:2645 +7.85% 69 Interest Coverage is 14.34 as of Dec. 2025, which is 44% above its 10-year median of 9.98. GuruFocus rates TPE:2645 with a GF Score™ of 69/100 and a GF Value™ of NT$139.18 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 241 Aerospace & Defense companies, Evergreen Aviation Technologies ranks better than 74.27% 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. Evergreen Aviation Technologies's Operating Income for the three months ended in Dec. 2025 was NT$481 Mil. Evergreen Aviation Technologies's Interest Expense for the three months ended in Dec. 2025 was NT$-34 Mil. Evergreen Aviation Technologies's interest coverage for the quarter that ended in Dec. 2025 was 14.34. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Evergreen Aviation Technologies's Interest Coverage or its related term are showing as below:

TPE:2645' s Interest Coverage Range Over the Past 10 Years
Min: 9.02   Med: 9.98   Max: 21.91
Current: 21.91


TPE:2645's Interest Coverage is ranked better than
74.27% of 241 companies
in the Aerospace & Defense industry
Industry Median: 8.69 vs TPE:2645: 21.91

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


Evergreen Aviation Technologies  (TPE:2645) 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 .


Evergreen Aviation Technologies Interest Coverage Related Terms


Evergreen Aviation Technologies Interest Coverage Historical Data

* Premium members only.

The historical data trend for Evergreen Aviation Technologies'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.

Evergreen Aviation Technologies Interest Coverage Chart

Evergreen Aviation Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 9.02 9.80 13.26 17.06 21.91

Evergreen Aviation Technologies Quarterly Data
Dec20 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 14.59 23.70 25.44 23.99 14.34

TPE:2645 vs SPCX, GE, RTX: Interest Coverage Comparison

For the Aerospace & Defense subindustry, Evergreen Aviation Technologies'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.


Evergreen Aviation Technologies Interest Coverage vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Evergreen Aviation Technologies's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Evergreen Aviation Technologies's Interest Coverage falls into.


TPE:2645
69GF Score
Evergreen Aviation Technologies Corp TPE:2645
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Evergreen Aviation Technologies 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.

Evergreen Aviation Technologies'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, Evergreen Aviation Technologies's Interest Expense was NT$-137 Mil. Its Operating Income was NT$3,001 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$5,698 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*3000.978/-136.949
=21.91

Evergreen Aviation Technologies's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Evergreen Aviation Technologies's Interest Expense was NT$-34 Mil. Its Operating Income was NT$481 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$5,698 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*481.207/-33.555
=14.34

* 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 14.34 mean?
Evergreen Aviation Technologies (TPE:2645) has a Interest Coverage of 14.34 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Evergreen Aviation Technologies and its competitors. This is 44% above median its historical median of 9.98. Over the past decade, Evergreen Aviation Technologies' Interest Coverage has ranged from 9.02 to 21.91. According to the industry distribution chart, Evergreen Aviation Technologies ranks #62 out of 241 companies in the Aerospace & Defense industry, placing it in the top 25.7%.
Is Evergreen Aviation Technologies' Interest Coverage too high?
Evergreen Aviation Technologies' current Interest Coverage of 14.34 is 44% above median its 10-year median of 9.98. Over the past 10 years, this metric has ranged from a low of 9.02 to a high of 21.91. The Aerospace & Defense industry median Interest Coverage is 8.69. Evergreen Aviation Technologies' value of 14.34 is 65% above this industry median. Based on the distribution chart, Evergreen Aviation Technologies ranks #62 out of 241 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Evergreen Aviation Technologies has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evergreen Aviation Technologies' Interest Coverage compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Evergreen Aviation Technologies ranks #62 out of 241 companies for Interest Coverage. This puts Evergreen Aviation Technologies in the upper half of its industry. The industry median Interest Coverage is 8.69. Evergreen Aviation Technologies' value of 14.34 is 65% above this benchmark. Historically, Evergreen Aviation Technologies' own Interest Coverage has ranged from 9.02 to 21.91 over the past decade. While the company's 10-year median is 9.98 vs. the industry median of 8.69, Evergreen Aviation Technologies 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 an Aerospace & Defense company?
The median Interest Coverage among Aerospace & Defense companies is 8.69, based on 241 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. Evergreen Aviation Technologies's current Interest Coverage of 14.34 is 65% 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 Evergreen Aviation Technologies and its competitors. For the Aerospace & Defense industry, the median Interest Coverage is 8.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Evergreen Aviation Technologies's current Interest Coverage is 14.34, which is 44% above median its own 10-year median of 9.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evergreen Aviation Technologies stock overvalued right now?
Based on GuruFocus' analysis, Evergreen Aviation Technologies (TPE:2645) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$139.18, compared to a current price of NT$185.50 — trading 33.3% above its estimated fair value. The current Interest Coverage is 14.34, which is 44% above median its 10-year median of 9.98 and 65% above the Aerospace & Defense industry median of 8.69. Evergreen Aviation Technologies' overall GF Score™ is 69/100 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 Evergreen Aviation Technologies (TPE:2645), the current Interest Coverage is 14.34 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 Evergreen Aviation Technologies (TPE:2645) Overvalued in 2026?

Based on GuruFocus' analysis, Evergreen Aviation Technologies stock appears to be overvalued. The current stock price of NT$185.50 is trading 33.3% above its estimated GF Value™ of NT$139.18. GuruFocus considers Evergreen Aviation Technologies to be Modestly Overvalued.

Key valuation signals for TPE:2645:

  • Interest Coverage: 14.34 (44% above median its 10-year median of 9.98)
  • GF Value™: NT$139.18 vs. price of NT$185.50 (33.3% above fair value)
  • GF Score™: 69/100 with 1 warning sign
  • Industry Position: 65% above the Aerospace & Defense median (#62 of 241)

No single metric tells the full story. See the TPE:2645 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Evergreen Aviation Technologies Business Description

Address No. 6 Hang-Zhan South Road, Dayuan District, Taoyuan, TWN, 337
Evergreen Aviation Technologies Corp activities are maintenance, repair and overhaul of airframes, aircraft engines and accessories; manufacture, conversion and sale of airframes and engine parts; technical and management consulting for the preceding items; import and export of the preceding items; civil aviation personnel training; and airport ground handling service. It has two reportable segments Maintenance segment: maintenance of airframes, aircraft engines and accessories; and Manufacturing segment: manufacturing, processing and selling of aircraft engines and accessories. It generates majority of revenue from Maintenance segment. It has presence in Taiwan, Asia, North America, and Europe. The company generates majority of revenue from Taiwan.
69GF Score

Get the complete analysis for TPE:2645

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

NT$185.50
Price
NT$139.18
GF Value