InnoCare OptoelectronicsTPE:6861 +4.23%66 Interest Coverage is 85.65 as of Dec. 2025, which is 14% below its 10-year median of 99.02. GuruFocus rates TPE:6861 with a GF Score™ of 66/100 and a GF Value™ of NT$85.70 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 466 Medical Devices & Instruments companies, InnoCare Optoelectronics ranks better than 69.96% 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. InnoCare Optoelectronics's
Operating Income
for the
three
months ended in Dec. 2025 was NT$40 Mil. InnoCare Optoelectronics's Interest Expense for the
three
months ended in Dec. 2025 was NT$-0 Mil.
InnoCare Optoelectronics's interest coverage for the quarter that ended in Dec. 2025 was 85.65.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. InnoCare Optoelectronics Corp has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for InnoCare Optoelectronics's Interest Coverage or its related term are showing as below:
TPE:6861'
s Interest Coverage Range Over the Past 10 Years
Min: 4.25 Med: 99.02 Max: No Debt
Current: 67.63
TPE:6861's Interest Coverage is ranked better than 69.96% of 466
companies
in the Medical Devices & Instruments industry
Industry Median: 15.875
vs TPE:6861: 67.63
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 .
InnoCare Optoelectronics Interest Coverage Related Terms
InnoCare Optoelectronics 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.
TPE:6861 vs ABT, SYK, MDT: Interest Coverage Comparison
For the Medical Devices subindustry, InnoCare Optoelectronics'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.
InnoCare Optoelectronics Interest Coverage vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, InnoCare Optoelectronics's Interest Coverage distribution charts can be found below:
* The bar in red indicates where InnoCare Optoelectronics's Interest Coverage falls into.
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.
InnoCare Optoelectronics (TPE:6861) has a Interest Coverage of 85.65 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on InnoCare Optoelectronics and its competitors. This is 14% below median its historical median of 99.02. Over the past decade, InnoCare Optoelectronics' Interest Coverage has ranged from 4.25 to 10,000.00. According to the industry distribution chart, InnoCare Optoelectronics ranks #140 out of 466 companies in the Medical Devices & Instruments industry, placing it in the top 30%.
Is InnoCare Optoelectronics' Interest Coverage too high?
InnoCare Optoelectronics' current Interest Coverage of 85.65 is 14% below median its 10-year median of 99.02. Over the past 10 years, this metric has ranged from a low of 4.25 to a high of 10,000.00. The Medical Devices & Instruments industry median Interest Coverage is 15.88. InnoCare Optoelectronics' value of 85.65 is 439.5% above this industry median. Based on the distribution chart, InnoCare Optoelectronics ranks #140 out of 466 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, InnoCare Optoelectronics has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does InnoCare Optoelectronics' Interest Coverage compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, InnoCare Optoelectronics ranks #140 out of 466 companies for Interest Coverage. This puts InnoCare Optoelectronics in the upper half of its industry. The industry median Interest Coverage is 15.88. InnoCare Optoelectronics' value of 85.65 is 439.5% above this benchmark. Historically, InnoCare Optoelectronics' own Interest Coverage has ranged from 4.25 to 10,000.00 over the past decade. While the company's 10-year median is 99.02 vs. the industry median of 15.88, InnoCare Optoelectronics 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 Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 15.88, based on 466 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. InnoCare Optoelectronics's current Interest Coverage of 85.65 is 439.5% 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 InnoCare Optoelectronics and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 15.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InnoCare Optoelectronics's current Interest Coverage is 85.65, which is 14% below median its own 10-year median of 99.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InnoCare Optoelectronics stock overvalued right now?
Based on GuruFocus' analysis, InnoCare Optoelectronics (TPE:6861) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$85.70, compared to a current price of NT$333.00 — trading 288.6% above its estimated fair value. The current Interest Coverage is 85.65, which is 14% below median its 10-year median of 99.02 and 439.5% above the Medical Devices & Instruments industry median of 15.88. InnoCare Optoelectronics' overall GF Score™ is 66/100 with 2 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 InnoCare Optoelectronics (TPE:6861), the current Interest Coverage is 85.65 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 InnoCare Optoelectronics (TPE:6861) Overvalued in 2026?
Based on GuruFocus' analysis, InnoCare Optoelectronics stock appears to be overvalued.
The current stock price of NT$333.00 is trading 288.6% above its estimated GF Value™ of NT$85.70.
GuruFocus considers InnoCare Optoelectronics to be Significantly Overvalued.
Key valuation signals for TPE:6861:
Interest Coverage: 85.65 (14% below median its 10-year median of 99.02)
GF Value™: NT$85.70 vs. price of NT$333.00 (288.6% above fair value)
Industry Position: 439.5% above the Medical Devices & Instruments median (#140 of 466)
No single metric tells the full story. See the TPE:6861 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
InnoCare Optoelectronics Corp is mainly engaged in the manufacturing and sale of optical instruments and medical equipment. Its products include X-Ray flat panel detector devices, X-Ray flat panel detector modules, and others.
66GF Score
Get the complete analysis for TPE:6861
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