TOPBI International HoldingsTPE:2929 +0.85%69 Interest Coverage is No Debt (1) as of Dec. 2025, which is 100% below its 10-year median of 72.10. GuruFocus rates TPE:2929 with a GF Score™ of 69/100 and a GF Value™ of NT$7.80 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 734 Manufacturing - Apparel & Accessories companies, TOPBI International Holdings ranks better than 99.59% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. TOPBI International Holdings's
Operating Income
for the
three
months ended in Dec. 2025 was NT$-128 Mil. TOPBI International Holdings's Interest Expense for the
three
months ended in Dec. 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: No Debt
Current: No Debt
TPE:2929's Interest Coverage is ranked better than 99.59% of 734
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.445
vs TPE:2929: No Debt
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
TOPBI International Holdings Interest Coverage Historical Data
* 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.
TOPBI International Holdings Interest Coverage Chart
TPE:2929 vs RL, LEVI, VFC: Interest Coverage Comparison
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 Interest Coverage vs 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:
* 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.
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
TOPBI International Holdings (TPE:2929) has a Interest Coverage of No Debt (1) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TOPBI International Holdings and its competitors. This is 99% below median its historical median of 72.10. Over the past decade, TOPBI International Holdings' Interest Coverage has ranged from 40.52 to 10,000.00. According to the industry distribution chart, TOPBI International Holdings ranks #3 out of 734 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 0.40000000000001%.
Is TOPBI International Holdings' Interest Coverage too high?
TOPBI International Holdings' current Interest Coverage of No Debt (1) is 99% below median its 10-year median of 72.10. Over the past 10 years, this metric has ranged from a low of 40.52 to a high of 10,000.00. Based on the distribution chart, TOPBI International Holdings ranks #3 out of 734 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, TOPBI International Holdings has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TOPBI International Holdings' Interest Coverage compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, TOPBI International Holdings ranks #3 out of 734 companies for Interest Coverage. This places TOPBI International Holdings in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.45. Historically, TOPBI International Holdings' own Interest Coverage has ranged from 40.52 to 10,000.00 over the past decade. 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.45, based on 734 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. 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 TOPBI International Holdings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOPBI International Holdings's current Interest Coverage is No Debt (1), which is 99% below median its own 10-year median of 72.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOPBI International Holdings stock overvalued right now?
Based on GuruFocus' analysis, TOPBI International Holdings (TPE:2929) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$7.80, compared to a current price of NT$5.90 — trading 24.4% below its estimated fair value. The current Interest Coverage is No Debt (1), which is 99% below median its 10-year median of 72.10. TOPBI International Holdings' overall GF Score™ is 69/100 with 3 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 TOPBI International Holdings (TPE:2929), the current Interest Coverage is No Debt (1) 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 TOPBI International Holdings (TPE:2929) Overvalued in 2026?
Based on GuruFocus' analysis, TOPBI International Holdings stock appears to be undervalued.
The current stock price of NT$5.90 is trading 24.4% below its estimated GF Value™ of NT$7.80.
GuruFocus considers TOPBI International Holdings to be Modestly Undervalued.
Key valuation signals for TPE:2929:
Interest Coverage: No Debt (1) (99% below median its 10-year median of 72.10)
GF Value™: NT$7.80 vs. price of NT$5.90 (24.4% below fair value)
No single metric tells the full story. See the TPE:2929 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
69GF Score
Get the complete analysis for TPE:2929
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