Lai Yih Footwear Co (TPE:6890) Interest Coverage: 21.35 (As of Dec. 2025) — Near Median


TPE:6890 Lai Yih Footwear Co Ltd TPE:6890
22 GF Score
Price NT$212.00
! 1 Warning Sign
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What is Lai Yih Footwear Co Interest Coverage?

Lai Yih Footwear Co TPE:6890 +9.84% 22 Interest Coverage is 21.35 as of Dec. 2025, which is 4% below its 10-year median of 22.32. GuruFocus rates TPE:6890 with a GF Score™ of 22/100. The stock has 1 warning sign investors should review. Among 739 Manufacturing - Apparel & Accessories companies, Lai Yih Footwear Co ranks better than 74.97% 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. Lai Yih Footwear Co's Operating Income for the three months ended in Dec. 2025 was NT$1,037 Mil. Lai Yih Footwear Co's Interest Expense for the three months ended in Dec. 2025 was NT$-49 Mil. Lai Yih Footwear Co's interest coverage for the quarter that ended in Dec. 2025 was 21.35. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Lai Yih Footwear Co's Interest Coverage or its related term are showing as below:

TPE:6890' s Interest Coverage Range Over the Past 10 Years
Min: 7.66   Med: 22.32   Max: 27.56
Current: 22.32


TPE:6890's Interest Coverage is ranked better than
74.97% of 739 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43 vs TPE:6890: 22.32

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


Lai Yih Footwear Co  (TPE:6890) 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 .


Lai Yih Footwear Co Interest Coverage Related Terms


Lai Yih Footwear Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Lai Yih Footwear Co'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.

Lai Yih Footwear Co Interest Coverage Chart

Lai Yih Footwear Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
11.87 27.56 7.66 26.83 22.32

Lai Yih Footwear Co Quarterly Data
Dec21 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 40.66 23.32 26.24 17.54 21.35

TPE:6890 vs NKE, DECK, ONON: Interest Coverage Comparison

For the Footwear & Accessories subindustry, Lai Yih Footwear Co'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.


Lai Yih Footwear Co Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lai Yih Footwear Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Lai Yih Footwear Co's Interest Coverage falls into.


TPE:6890
22GF Score
Lai Yih Footwear Co Ltd TPE:6890
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Lai Yih Footwear Co 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.

Lai Yih Footwear Co'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, Lai Yih Footwear Co's Interest Expense was NT$-168 Mil. Its Operating Income was NT$3,760 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$5,039 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*3759.693/-168.421
=22.32

Lai Yih Footwear Co's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Lai Yih Footwear Co's Interest Expense was NT$-49 Mil. Its Operating Income was NT$1,037 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$5,039 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*1036.878/-48.573
=21.35

* 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 21.35 mean?
Lai Yih Footwear Co (TPE:6890) has a Interest Coverage of 21.35 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Lai Yih Footwear Co and its competitors. This is near median its historical median of 22.32. Over the past decade, Lai Yih Footwear Co's Interest Coverage has ranged from 7.66 to 27.56. According to the industry distribution chart, Lai Yih Footwear Co ranks #185 out of 739 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 25%.
Is Lai Yih Footwear Co's Interest Coverage too high?
Lai Yih Footwear Co's current Interest Coverage of 21.35 is near median its 10-year median of 22.32. Over the past 10 years, this metric has ranged from a low of 7.66 to a high of 27.56. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.43. Lai Yih Footwear Co's value of 21.35 is 293.2% above this industry median. Based on the distribution chart, Lai Yih Footwear Co ranks #185 out of 739 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Lai Yih Footwear Co has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Lai Yih Footwear Co's Interest Coverage compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Lai Yih Footwear Co ranks #185 out of 739 companies for Interest Coverage. This places Lai Yih Footwear Co in the top 25% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.43. Lai Yih Footwear Co's value of 21.35 is 293.2% above this benchmark. Historically, Lai Yih Footwear Co's own Interest Coverage has ranged from 7.66 to 27.56 over the past decade. While the company's 10-year median is 22.32 vs. the industry median of 5.43, Lai Yih Footwear Co 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.43, based on 739 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. Lai Yih Footwear Co's current Interest Coverage of 21.35 is 293.2% 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 Lai Yih Footwear Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lai Yih Footwear Co's current Interest Coverage is 21.35, which is near median its own 10-year median of 22.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lai Yih Footwear Co stock overvalued right now?
Lai Yih Footwear Co (TPE:6890) has a current Interest Coverage of 21.35. The current Interest Coverage is 21.35, which is near median its 10-year median of 22.32 and 293.2% above the Manufacturing - Apparel & Accessories industry median of 5.43. Lai Yih Footwear Co's overall GF Score™ is 22/100 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 Lai Yih Footwear Co (TPE:6890), the current Interest Coverage is 21.35 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.

Lai Yih Footwear Co Business Description

Address No. 13, Lane 370, Section 4, Yatan Road, Daya district, Taichung, TWN
Lai Yih Footwear Co Ltd specializes in producing various high-end casual shoes, sports shoes, other special function shoes, and other footwear products. It cooperates with many familiar international brands such as Adidas, Converse, Vans, The North Face, and Hoka. The company generates a majority of its revenue from the United States and the rest from China, Germany, Belgium, Indonesia, and other regions.
22GF Score

Get the complete analysis for TPE:6890

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

NT$212.00
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