Transcene Co (TPE:6969) Interest Coverage: 2.94 (As of Dec. 2025) — 185% Above Median


TPE:6969 Transcene Co Ltd TPE:6969
2 GF Score
Price NT$24.50
! 6 Warning Signs
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What is Transcene Co Interest Coverage?

Transcene Co TPE:6969 -3.16% 2 Interest Coverage is 2.94 as of Dec. 2025, which is 185% above its 10-year median of 1.03. GuruFocus rates TPE:6969 with a GF Score™ of 2/100. The stock has 6 warning signs investors should review. Among 426 Conglomerates companies, Transcene Co ranks worse than 89.2% 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. Transcene Co's Operating Income for the three months ended in Dec. 2025 was NT$14.0 Mil. Transcene Co's Interest Expense for the three months ended in Dec. 2025 was NT$-4.8 Mil. Transcene Co's interest coverage for the quarter that ended in Dec. 2025 was 2.94. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Transcene Co Ltd interest coverage is 1.03, which is low.

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

TPE:6969' s Interest Coverage Range Over the Past 10 Years
Min: 1.03   Med: 1.03   Max: 1.03
Current: 1.03


TPE:6969's Interest Coverage is ranked worse than
89.2% of 426 companies
in the Conglomerates industry
Industry Median: 5.31 vs TPE:6969: 1.03

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


Transcene Co  (TPE:6969) 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 .


Transcene Co Interest Coverage Related Terms


Transcene Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Transcene 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.

Transcene Co Interest Coverage Chart

Transcene Co Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Interest Coverage
0.00 0.00 0.00 1.03

Transcene Co Quarterly Data
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 0.00 0.75 0.00 1.04 2.94

TPE:6969 vs HON, MMM: Interest Coverage Comparison

For the Conglomerates subindustry, Transcene 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.


Transcene Co Interest Coverage vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Transcene Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Transcene Co's Interest Coverage falls into.


TPE:6969
2GF Score
Transcene Co Ltd TPE:6969
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Transcene 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.

Transcene 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, Transcene Co's Interest Expense was NT$-19.5 Mil. Its Operating Income was NT$19.9 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$458.4 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*19.941/-19.454
=1.03

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

Here, for the three months ended in Dec. 2025, Transcene Co's Interest Expense was NT$-4.8 Mil. Its Operating Income was NT$14.0 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$458.4 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*14.016/-4.764
=2.94

* 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 2.94 mean?
Transcene Co (TPE:6969) has a Interest Coverage of 2.94 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Transcene Co and its competitors. This is 185% above median its historical median of 1.03. Over the past decade, Transcene Co's Interest Coverage has ranged from 1.03 to 1.03. According to the industry distribution chart, Transcene Co ranks #380 out of 426 companies in the Conglomerates industry, placing it in the top 89.2%.
Is Transcene Co's Interest Coverage too high?
Transcene Co's current Interest Coverage of 2.94 is 185% above median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 1.03. The Conglomerates industry median Interest Coverage is 5.31. Transcene Co's value of 2.94 is 44.6% below this industry median. Based on the distribution chart, Transcene Co ranks #380 out of 426 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Transcene Co has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does Transcene Co's Interest Coverage compare to HON and MMM?
According to the Conglomerates industry distribution chart, Transcene Co ranks #380 out of 426 companies for Interest Coverage. This places Transcene Co in the lower half of its industry. The industry median Interest Coverage is 5.31. Transcene Co's value of 2.94 is 44.6% below this benchmark. Historically, Transcene Co's own Interest Coverage has ranged from 1.03 to 1.03 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 5.31, Transcene Co has consistently been below 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 Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.31, based on 426 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. Transcene Co's current Interest Coverage of 2.94 is 44.6% below 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 Transcene Co and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transcene Co's current Interest Coverage is 2.94, which is 185% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transcene Co stock overvalued right now?
Transcene Co (TPE:6969) has a current Interest Coverage of 2.94. The current Interest Coverage is 2.94, which is 185% above median its 10-year median of 1.03 and 44.6% below the Conglomerates industry median of 5.31. Transcene Co's overall GF Score™ is 2/100 with 6 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 Transcene Co (TPE:6969), the current Interest Coverage is 2.94 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.

Transcene Co Business Description

Address Huanyuan East Road, No. 23, Section 1, Danong Village, Liuying District, Tainan, TWN, 736006
Transcene Co Ltd is engaged in urban mining and resource recycling through a three-stage process: evaluating waste, developing secondary markets, and advancing production technologies. The company is promoting the circular economy by delivering quality, sustainable products and services. The products and services offered by the company are SiC Ceramic, SiC Powder, Silicon briquette, Quartz powder, Biodegradable plastic, consulting services, analysis services, and others.
2GF Score

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

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