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Tong Hsing Electronic Industries (TPE:6271) Interest Coverage : 13.59 (As of Mar. 2025)


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What is Tong Hsing Electronic Industries 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. Tong Hsing Electronic Industries's Operating Income for the three months ended in Mar. 2025 was NT$409 Mil. Tong Hsing Electronic Industries's Interest Expense for the three months ended in Mar. 2025 was NT$-30 Mil. Tong Hsing Electronic Industries's interest coverage for the quarter that ended in Mar. 2025 was 13.59. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Tong Hsing Electronic Industries's Interest Coverage or its related term are showing as below:

TPE:6271' s Interest Coverage Range Over the Past 10 Years
Min: 13.79   Med: 80.93   Max: 916.2
Current: 15.24


TPE:6271's Interest Coverage is ranked worse than
56.62% of 604 companies
in the Semiconductors industry
Industry Median: 20 vs TPE:6271: 15.24

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


Tong Hsing Electronic Industries Interest Coverage Historical Data

The historical data trend for Tong Hsing Electronic Industries'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.

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Tong Hsing Electronic Industries Interest Coverage Chart

Tong Hsing Electronic Industries 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 362.36 916.20 166.14 13.79 15.92

Tong Hsing Electronic Industries 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 16.18 15.84 17.52 14.17 13.59

Competitive Comparison of Tong Hsing Electronic Industries's Interest Coverage

For the Semiconductor Equipment & Materials subindustry, Tong Hsing Electronic Industries'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.


Tong Hsing Electronic Industries's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Tong Hsing Electronic Industries's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Tong Hsing Electronic Industries's Interest Coverage falls into.


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Tong Hsing Electronic Industries 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.

Tong Hsing Electronic Industries'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, Tong Hsing Electronic Industries's Interest Expense was NT$-109 Mil. Its Operating Income was NT$1,741 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$3,568 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*1741.223/-109.375
=15.92

Tong Hsing Electronic Industries's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Tong Hsing Electronic Industries's Interest Expense was NT$-30 Mil. Its Operating Income was NT$409 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$4,755 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*409.11/-30.094
=13.59

* 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.


Tong Hsing Electronic Industries  (TPE:6271) 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 .


Tong Hsing Electronic Industries Interest Coverage Related Terms

Thank you for viewing the detailed overview of Tong Hsing Electronic Industries's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Tong Hsing Electronic Industries Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Lane 1125, Heping Road, Bade District, Taoyuan, TWN
Tong Hsing Electronic Industries Ltd is a Taiwan-based company that is principallybusiness activities of the Company are the manufacture and sale of RF modules, ceramic metalized substrate, hybrid modules & specialty packaging, and image products.The company generates the majority of its total revenue from overseas markets, including the United States, Switzerland, Japan, Singapore, Malaysia, China, and Others.

Tong Hsing Electronic Industries Headlines

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