Praise Victor Industry Co (TPE:7768) Interest Coverage: 26.74 (As of Mar. 2026) — 75% Above Median

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TPE:7768 Praise Victor Industry Co Ltd TPE:7768
16 GF Score
Price NT$261.50
! 3 Warning Signs
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What is Praise Victor Industry Co Interest Coverage?

Praise Victor Industry Co TPE:7768 +1.75% 16 Interest Coverage is 26.74 as of Mar. 2026, which is 75% above its 10-year median of 15.30. GuruFocus rates TPE:7768 with a GF Score™ of 16/100. The stock has 3 warning signs investors should review. Among 1,244 Chemicals companies, Praise Victor Industry Co ranks better than 59.81% 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. Praise Victor Industry Co's Operating Income for the three months ended in Mar. 2026 was NT$116 Mil. Praise Victor Industry Co's Interest Expense for the three months ended in Mar. 2026 was NT$-4 Mil. Praise Victor Industry Co's interest coverage for the quarter that ended in Mar. 2026 was 26.74. The higher the ratio, the stronger the company's financial strength is.

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

TPE:7768' s Interest Coverage Range Over the Past 10 Years
Min: 4.51   Med: 15.3   Max: 25.17
Current: 17.3


TPE:7768's Interest Coverage is ranked better than
59.81% of 1244 companies
in the Chemicals industry
Industry Median: 10.355 vs TPE:7768: 17.30

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


Praise Victor Industry Co  (TPE:7768) 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 .


Praise Victor Industry Co Interest Coverage Related Terms


Praise Victor Industry Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Praise Victor Industry 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.

Praise Victor Industry Co Interest Coverage Chart

Praise Victor Industry Co Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
25.17 19.39 4.51 11.23 15.30

Praise Victor Industry Co Quarterly Data
Dec21 Dec22 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 17.26 16.94 14.98 11.41 26.74

TPE:7768 vs DOW: Interest Coverage Comparison

For the Chemicals subindustry, Praise Victor Industry 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.


Praise Victor Industry Co Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Praise Victor Industry Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Praise Victor Industry Co's Interest Coverage falls into.


TPE:7768
16GF Score
Praise Victor Industry Co Ltd TPE:7768
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Praise Victor Industry 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.

Praise Victor Industry 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, Praise Victor Industry Co's Interest Expense was NT$-21 Mil. Its Operating Income was NT$314 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$720 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*314.424/-20.544
=15.30

Praise Victor Industry Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Praise Victor Industry Co's Interest Expense was NT$-4 Mil. Its Operating Income was NT$116 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$962 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*115.75/-4.329
=26.74

* 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 26.74 mean?
Praise Victor Industry Co (TPE:7768) has a Interest Coverage of 26.74 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Praise Victor Industry Co and its competitors. This is 75% above median its historical median of 15.30. Over the past decade, Praise Victor Industry Co's Interest Coverage has ranged from 4.51 to 25.17. According to the industry distribution chart, Praise Victor Industry Co ranks #500 out of 1244 companies in the Chemicals industry, placing it in the top 40.2%.
Is Praise Victor Industry Co's Interest Coverage too high?
Praise Victor Industry Co's current Interest Coverage of 26.74 is 75% above median its 10-year median of 15.30. Over the past 10 years, this metric has ranged from a low of 4.51 to a high of 25.17. The Chemicals industry median Interest Coverage is 10.36. Praise Victor Industry Co's value of 26.74 is 158.2% above this industry median. Based on the distribution chart, Praise Victor Industry Co ranks #500 out of 1244 companies in the Chemicals industry, which is above the industry midpoint. Overall, Praise Victor Industry Co has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Praise Victor Industry Co's Interest Coverage compare to DOW?
According to the Chemicals industry distribution chart, Praise Victor Industry Co ranks #500 out of 1244 companies for Interest Coverage. This puts Praise Victor Industry Co in the upper half of its industry. The industry median Interest Coverage is 10.36. Praise Victor Industry Co's value of 26.74 is 158.2% above this benchmark. Historically, Praise Victor Industry Co's own Interest Coverage has ranged from 4.51 to 25.17 over the past decade. While the company's 10-year median is 15.30 vs. the industry median of 10.36, Praise Victor Industry 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.36, based on 1,244 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. Praise Victor Industry Co's current Interest Coverage of 26.74 is 158.2% 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 Praise Victor Industry Co and its competitors. For the Chemicals industry, the median Interest Coverage is 10.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Praise Victor Industry Co's current Interest Coverage is 26.74, which is 75% above median its own 10-year median of 15.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Praise Victor Industry Co stock overvalued right now?
Praise Victor Industry Co (TPE:7768) has a current Interest Coverage of 26.74. The current Interest Coverage is 26.74, which is 75% above median its 10-year median of 15.30 and 158.2% above the Chemicals industry median of 10.36. Praise Victor Industry Co's overall GF Score™ is 16/100 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 Praise Victor Industry Co (TPE:7768), the current Interest Coverage is 26.74 as of Mar. 2026. 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.

Praise Victor Industry Co Business Description

Address No. 2, Gongyequ 14th Road, Xitun District, Taichung, TWN
Praise Victor Industry Co Ltd is engaged in the trading of chemical raw materials (PU foams) and manufacturing equipment. The group includes PU foam, PU elastomers, and PU adhesives applications. It is not only producing PU products but also help customers with solutions for PU product manufacturing. Its products are: Design and development of semiconductor consumables, Comfort and health products, Environmentally-friendly adhesives, PU casting products, Soft and rigid foam products, and Collaborative development of new products and development.
16GF Score

Get the complete analysis for TPE:7768

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

NT$261.50
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