Mitac Digital Technology (TPE:7821) Interest Coverage: 245.65 (As of Mar. 2026) — 419% Above Median

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TPE:7821 Mitac Digital Technology Corp TPE:7821
17 GF Score
Price NT$40.60
! 2 Warning Signs
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What is Mitac Digital Technology Interest Coverage?

Mitac Digital Technology TPE:7821 +1.12% 17 Interest Coverage is 245.65 as of Mar. 2026, which is 419% above its 10-year median of 47.36. GuruFocus rates TPE:7821 with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 1,669 Hardware companies, Mitac Digital Technology ranks better than 84.36% 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. Mitac Digital Technology's Operating Income for the three months ended in Mar. 2026 was NT$111 Mil. Mitac Digital Technology's Interest Expense for the three months ended in Mar. 2026 was NT$-0 Mil. Mitac Digital Technology's interest coverage for the quarter that ended in Mar. 2026 was 245.65. 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. Mitac Digital Technology Corp has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Mitac Digital Technology's Interest Coverage or its related term are showing as below:

TPE:7821' s Interest Coverage Range Over the Past 10 Years
Min: 4.95   Med: 47.36   Max: 147.99
Current: 147.99


TPE:7821's Interest Coverage is ranked better than
84.36% of 1669 companies
in the Hardware industry
Industry Median: 14.26 vs TPE:7821: 147.99

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


Mitac Digital Technology  (TPE:7821) 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 .


Mitac Digital Technology Interest Coverage Related Terms


Mitac Digital Technology Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mitac Digital Technology'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.

Mitac Digital Technology Interest Coverage Chart

Mitac Digital Technology Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Interest Coverage
4.95 55.80 38.92 120.04

Mitac Digital Technology Quarterly Data
Dec22 Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only 108.84 17.58 170.95 197.38 245.65

TPE:7821 vs CSCO, MSI, HPE: Interest Coverage Comparison

For the Communication Equipment subindustry, Mitac Digital Technology'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.


Mitac Digital Technology Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Mitac Digital Technology's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mitac Digital Technology's Interest Coverage falls into.


TPE:7821
17GF Score
Mitac Digital Technology Corp TPE:7821
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitac Digital Technology 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.

Mitac Digital Technology'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, Mitac Digital Technology's Interest Expense was NT$-3 Mil. Its Operating Income was NT$310 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$53 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*309.701/-2.58
=120.04

Mitac Digital Technology's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Mitac Digital Technology's Interest Expense was NT$-0 Mil. Its Operating Income was NT$111 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$46 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*110.789/-0.451
=245.65

* 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 245.65 mean?
Mitac Digital Technology (TPE:7821) has a Interest Coverage of 245.65 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mitac Digital Technology and its competitors. This is 419% above median its historical median of 47.36. Over the past decade, Mitac Digital Technology's Interest Coverage has ranged from 4.95 to 147.99. According to the industry distribution chart, Mitac Digital Technology ranks #261 out of 1669 companies in the Hardware industry, placing it in the top 15.6%.
Is Mitac Digital Technology's Interest Coverage too high?
Mitac Digital Technology's current Interest Coverage of 245.65 is 419% above median its 10-year median of 47.36. Over the past 10 years, this metric has ranged from a low of 4.95 to a high of 147.99. The Hardware industry median Interest Coverage is 14.26. Mitac Digital Technology's value of 245.65 is 1622.7% above this industry median. Based on the distribution chart, Mitac Digital Technology ranks #261 out of 1669 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Mitac Digital Technology has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Mitac Digital Technology's Interest Coverage compare to CSCO and MSI?
According to the Hardware industry distribution chart, Mitac Digital Technology ranks #261 out of 1669 companies for Interest Coverage. This places Mitac Digital Technology in the top 16% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.26. Mitac Digital Technology's value of 245.65 is 1622.7% above this benchmark. Historically, Mitac Digital Technology's own Interest Coverage has ranged from 4.95 to 147.99 over the past decade. While the company's 10-year median is 47.36 vs. the industry median of 14.26, Mitac Digital Technology 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 Hardware company?
The median Interest Coverage among Hardware companies is 14.26, based on 1,669 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. Mitac Digital Technology's current Interest Coverage of 245.65 is 1622.7% 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 Mitac Digital Technology and its competitors. For the Hardware industry, the median Interest Coverage is 14.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitac Digital Technology's current Interest Coverage is 245.65, which is 419% above median its own 10-year median of 47.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitac Digital Technology stock overvalued right now?
Mitac Digital Technology (TPE:7821) has a current Interest Coverage of 245.65. The current Interest Coverage is 245.65, which is 419% above median its 10-year median of 47.36 and 1622.7% above the Hardware industry median of 14.26. Mitac Digital Technology's overall GF Score™ is 17/100 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 Mitac Digital Technology (TPE:7821), the current Interest Coverage is 245.65 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.

Mitac Digital Technology Business Description

Address No.200, Wen Hwa 2nd Road, Kuei Shan District, Taoyuan, TWN, 33383
Mitac Digital Technology Corp is a holding company that is engaged in the development, design, manufacturing, and sales of automotive electronics, smart IoT, and industrial computer products. Geographically, the company generates maximum revenue from USA, while it also has its presence in Taiwan, Europe and Others.
17GF Score

Get the complete analysis for TPE:7821

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

NT$40.60
Price