Alexander Marine Co (TPE:8478) Interest Coverage: 7.84 (As of Jun. 2026) — 35% Below Median

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TPE:8478 Alexander Marine Co Ltd TPE:8478
82 GF Score
Price NT$141.50
GF Value NT$234.63
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Alexander Marine Co Interest Coverage?

Alexander Marine Co TPE:8478 -2.08% 82 Interest Coverage is 7.84 as of Jun. 2026, which is 35% below its 10-year median of 12.15. GuruFocus rates TPE:8478 with a GF Score™ of 82/100 and a GF Value™ of NT$234.63 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,063 Vehicles & Parts companies, Alexander Marine Co ranks better than 52.59% 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. Alexander Marine Co's Operating Income for the three months ended in Jun. 2026 was NT$256 Mil. Alexander Marine Co's Interest Expense for the three months ended in Jun. 2026 was NT$-33 Mil. Alexander Marine Co's interest coverage for the quarter that ended in Jun. 2026 was 7.84. The higher the ratio, the stronger the company's financial strength is.

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

TPE:8478' s Interest Coverage Range Over the Past 10 Years
Min: 2.17   Med: 12.15   Max: 32
Current: 9.3


TPE:8478's Interest Coverage is ranked better than
52.59% of 1063 companies
in the Vehicles & Parts industry
Industry Median: 8.44 vs TPE:8478: 9.30

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


Alexander Marine Co  (TPE:8478) 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 .


Alexander Marine Co Interest Coverage Related Terms


Alexander Marine Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Alexander Marine 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.

Alexander Marine Co Interest Coverage Chart

Alexander Marine Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.01 32.00 19.15 7.17 8.28

Alexander Marine Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.74 16.58 5.24 9.65 7.84

TPE:8478 vs BC, PII, THO: Interest Coverage Comparison

For the Recreational Vehicles subindustry, Alexander Marine 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.


Alexander Marine Co Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Alexander Marine Co's Interest Coverage distribution charts can be found below:

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


TPE:8478
82GF Score
Alexander Marine Co Ltd TPE:8478
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alexander Marine 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.

Alexander Marine 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, Alexander Marine Co's Interest Expense was NT$-142 Mil. Its Operating Income was NT$1,172 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$3,883 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1172.237/-141.615
=8.28

Alexander Marine Co's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Alexander Marine Co's Interest Expense was NT$-33 Mil. Its Operating Income was NT$256 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$3,020 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*256.07/-32.682
=7.84

* 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 7.84 mean?
Alexander Marine Co (TPE:8478) has a Interest Coverage of 7.84 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Alexander Marine Co and its competitors. This is 35% below median its historical median of 12.15. Over the past decade, Alexander Marine Co's Interest Coverage has ranged from 2.17 to 32.00. According to the industry distribution chart, Alexander Marine Co ranks #504 out of 1063 companies in the Vehicles & Parts industry, placing it in the top 47.4%.
Is Alexander Marine Co's Interest Coverage too high?
Alexander Marine Co's current Interest Coverage of 7.84 is 35% below median its 10-year median of 12.15. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 32.00. The Vehicles & Parts industry median Interest Coverage is 8.44. Alexander Marine Co's value of 7.84 is 7.1% below this industry median. Based on the distribution chart, Alexander Marine Co ranks #504 out of 1063 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Alexander Marine Co has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alexander Marine Co's Interest Coverage compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Alexander Marine Co ranks #504 out of 1063 companies for Interest Coverage. This puts Alexander Marine Co in the upper half of its industry. The industry median Interest Coverage is 8.44. Alexander Marine Co's value of 7.84 is 7.1% below this benchmark. Historically, Alexander Marine Co's own Interest Coverage has ranged from 2.17 to 32.00 over the past decade. While the company's 10-year median is 12.15 vs. the industry median of 8.44, Alexander Marine 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.44, based on 1,063 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. Alexander Marine Co's current Interest Coverage of 7.84 is 7.1% 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 Alexander Marine Co and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alexander Marine Co's current Interest Coverage is 7.84, which is 35% below median its own 10-year median of 12.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alexander Marine Co stock overvalued right now?
Based on GuruFocus' analysis, Alexander Marine Co (TPE:8478) is currently considered Possible Value Trap. The stock's GF Value™ is NT$234.63, compared to a current price of NT$141.50 — trading 39.7% below its estimated fair value. The current Interest Coverage is 7.84, which is 35% below median its 10-year median of 12.15 and 7.1% below the Vehicles & Parts industry median of 8.44. Alexander Marine Co's overall GF Score™ is 82/100 with 7 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 Alexander Marine Co (TPE:8478), the current Interest Coverage is 7.84 as of Jun. 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.

Is Alexander Marine Co (TPE:8478) Overvalued in 2026?

Based on GuruFocus' analysis, Alexander Marine Co stock appears to be undervalued. The current stock price of NT$141.50 is trading 39.7% below its estimated GF Value™ of NT$234.63. GuruFocus considers Alexander Marine Co to be Possible Value Trap.

Key valuation signals for TPE:8478:

  • Interest Coverage: 7.84 (35% below median its 10-year median of 12.15)
  • GF Value™: NT$234.63 vs. price of NT$141.50 (39.7% below fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 7.1% below the Vehicles & Parts median (#504 of 1063)

No single metric tells the full story. See the TPE:8478 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alexander Marine Co Business Description

Address No. 1, Jin-Fu Road, Qian-Zhen District, Kaohsiung City, TWN, 806
Alexander Marine Co Ltd mainly manufactures and sells yachts. The main operations of the Corporation and its subsidiaries are the manufacturing, processing, and selling of yachts.
82GF Score

Get the complete analysis for TPE:8478

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

NT$141.50
Price
NT$234.63
GF Value