GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » TOPBI International Holdings Ltd (TPE:2929) » Definitions » Interest Coverage

TOPBI International Holdings (TPE:2929) Interest Coverage : No Debt (1) (As of Mar. 2025)


View and export this data going back to 2013. Start your Free Trial

What is TOPBI International Holdings Interest Coverage?

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. TOPBI International Holdings's Operating Income for the three months ended in Mar. 2025 was NT$-7 Mil. TOPBI International Holdings's Interest Expense for the three months ended in Mar. 2025 was NT$0 Mil. TOPBI International Holdings has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

TOPBI International Holdings Ltd has no debt.

(1) 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.

The historical rank and industry rank for TOPBI International Holdings's Interest Coverage or its related term are showing as below:

TPE:2929' s Interest Coverage Range Over the Past 10 Years
Min: 40.52   Med: 72.1   Max: 3295
Current: 3295


TPE:2929's Interest Coverage is ranked better than
94.49% of 726 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.015 vs TPE:2929: 3295.00

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


TOPBI International Holdings Interest Coverage Historical Data

The historical data trend for TOPBI International Holdings'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.

* Premium members only.

TOPBI International Holdings Interest Coverage Chart

TOPBI International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

TOPBI International Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - No Debt - No Debt No Debt

Competitive Comparison of TOPBI International Holdings's Interest Coverage

For the Apparel Manufacturing subindustry, TOPBI International Holdings'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.


TOPBI International Holdings's Interest Coverage Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, TOPBI International Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where TOPBI International Holdings's Interest Coverage falls into.


;
;

TOPBI International Holdings 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.

TOPBI International Holdings's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, TOPBI International Holdings's Interest Expense was NT$-0 Mil. Its Operating Income was NT$-6 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$0 Mil.

TOPBI International Holdings did not have earnings to cover the interest expense.

TOPBI International Holdings's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, TOPBI International Holdings's Interest Expense was NT$0 Mil. Its Operating Income was NT$-7 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$0 Mil.

TOPBI International Holdings had no debt (1).

* 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.


TOPBI International Holdings  (TPE:2929) 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 .


TOPBI International Holdings Interest Coverage Related Terms

Thank you for viewing the detailed overview of TOPBI International Holdings's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


TOPBI International Holdings Business Description

Traded in Other Exchanges
N/A
Address
No.97, Xinhu 1st Road, 2nd Floor, Neihu District, Taipei, TWN, 11494
TOPBI International Holdings Ltd is a children's clothing manufacturer. Its products, which it sells under the TOPBI (Amoy) brand, are designed for middle-class families with children under 16 years old. Nearly half of the company's sales are from items designed for the 1- to 3-year-old age group. TOPBI sells its products through both company-owned stores and third-party distributors. The company focuses on reaching customers in the developing market in China, and its roughly 1,500 stores are in more than a dozen Chinese provinces.

TOPBI International Holdings Headlines

No Headlines