Top Bright Holding Co (TPE:8499) Interest Coverage: 14.12 (As of Dec. 2025) — 86% Below Median


TPE:8499 Top Bright Holding Co Ltd TPE:8499
82 GF Score
Price NT$300.00
GF Value NT$219.95
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Top Bright Holding Co Interest Coverage?

Top Bright Holding Co TPE:8499 -1.80% 82 Interest Coverage is 14.12 as of Dec. 2025, which is 86% below its 10-year median of 104.51. GuruFocus rates TPE:8499 with a GF Score™ of 82/100 and a GF Value™ of NT$219.95 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,672 Hardware companies, Top Bright Holding Co ranks better than 60.59% 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. Top Bright Holding Co's Operating Income for the three months ended in Dec. 2025 was NT$266 Mil. Top Bright Holding Co's Interest Expense for the three months ended in Dec. 2025 was NT$-19 Mil. Top Bright Holding Co's interest coverage for the quarter that ended in Dec. 2025 was 14.12. The higher the ratio, the stronger the company's financial strength is.

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

TPE:8499' s Interest Coverage Range Over the Past 10 Years
Min: 23.77   Med: 104.51   Max: 760.62
Current: 23.77


TPE:8499's Interest Coverage is ranked better than
60.59% of 1672 companies
in the Hardware industry
Industry Median: 13.73 vs TPE:8499: 23.77

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


Top Bright Holding Co  (TPE:8499) 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 .


Top Bright Holding Co Interest Coverage Related Terms


Top Bright Holding Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Top Bright Holding 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.

Top Bright Holding Co Interest Coverage Chart

Top Bright Holding 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 105.79 82.28 43.35 103.22 23.77

Top Bright Holding Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 139.14 106.60 64.40 24.81 14.12

TPE:8499 vs APH, GLW: Interest Coverage Comparison

For the Electronic Components subindustry, Top Bright Holding 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.


Top Bright Holding Co Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Top Bright Holding Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Top Bright Holding Co's Interest Coverage falls into.


TPE:8499
82GF Score
Top Bright Holding Co Ltd TPE:8499
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Top Bright Holding 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.

Top Bright Holding 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, Top Bright Holding Co's Interest Expense was NT$-28 Mil. Its Operating Income was NT$674 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1,224 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*674.15/-28.356
=23.77

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

Here, for the three months ended in Dec. 2025, Top Bright Holding Co's Interest Expense was NT$-19 Mil. Its Operating Income was NT$266 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1,224 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*266.267/-18.861
=14.12

* 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 14.12 mean?
Top Bright Holding Co (TPE:8499) has a Interest Coverage of 14.12 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Top Bright Holding Co and its competitors. This is 86% below median its historical median of 104.51. Over the past decade, Top Bright Holding Co's Interest Coverage has ranged from 23.77 to 760.62. According to the industry distribution chart, Top Bright Holding Co ranks #659 out of 1672 companies in the Hardware industry, placing it in the top 39.4%.
Is Top Bright Holding Co's Interest Coverage too high?
Top Bright Holding Co's current Interest Coverage of 14.12 is 86% below median its 10-year median of 104.51. Over the past 10 years, this metric has ranged from a low of 23.77 to a high of 760.62. The Hardware industry median Interest Coverage is 13.73. Top Bright Holding Co's value of 14.12 is 2.8% above this industry median. Based on the distribution chart, Top Bright Holding Co ranks #659 out of 1672 companies in the Hardware industry, which is above the industry midpoint. Overall, Top Bright Holding Co has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Top Bright Holding Co's Interest Coverage compare to APH and GLW?
According to the Hardware industry distribution chart, Top Bright Holding Co ranks #659 out of 1672 companies for Interest Coverage. This puts Top Bright Holding Co in the upper half of its industry. The industry median Interest Coverage is 13.73. Top Bright Holding Co's value of 14.12 is 2.8% above this benchmark. Historically, Top Bright Holding Co's own Interest Coverage has ranged from 23.77 to 760.62 over the past decade. While the company's 10-year median is 104.51 vs. the industry median of 13.73, Top Bright Holding 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.73, based on 1,672 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. Top Bright Holding Co's current Interest Coverage of 14.12 is 2.8% 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 Top Bright Holding Co and its competitors. For the Hardware industry, the median Interest Coverage is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top Bright Holding Co's current Interest Coverage is 14.12, which is 86% below median its own 10-year median of 104.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Bright Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Top Bright Holding Co (TPE:8499) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$219.95, compared to a current price of NT$300.00 — trading 36.4% above its estimated fair value. The current Interest Coverage is 14.12, which is 86% below median its 10-year median of 104.51 and 2.8% above the Hardware industry median of 13.73. Top Bright Holding Co's overall GF Score™ is 82/100 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 Top Bright Holding Co (TPE:8499), the current Interest Coverage is 14.12 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.

Is Top Bright Holding Co (TPE:8499) Overvalued in 2026?

Based on GuruFocus' analysis, Top Bright Holding Co stock appears to be overvalued. The current stock price of NT$300.00 is trading 36.4% above its estimated GF Value™ of NT$219.95. GuruFocus considers Top Bright Holding Co to be Significantly Overvalued.

Key valuation signals for TPE:8499:

  • Interest Coverage: 14.12 (86% below median its 10-year median of 104.51)
  • GF Value™: NT$219.95 vs. price of NT$300.00 (36.4% above fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 2.8% above the Hardware median (#659 of 1672)

No single metric tells the full story. See the TPE:8499 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Top Bright Holding Co Business Description

Address 802 West Bay Road, 2nd Floor, The Grand Pavilion Commercial Centre, Grand Cayman, CYM, KY1-1003
Top Bright Holding Co Ltd is a Taiwan-based company engaged in the research, manufacture, and sale of electronic weighing and electronic materials. The company operates through two segments namely Electronic Materials Department and The Scales Department. It generates maximum revenue from the Electronic Material segment. The company's products include Conductive tape, Conductive foam, Conductive film, Insulation Tape, Shock-absorbing sealing material, Thermal interface material, Smart Barcode Scale, Smart weighing instrument, Traceability scale, and others. Geographically, it derives a majority of its revenue from China and also has a presence in Asia, Europe, America, Africa, and Oceania.
82GF Score

Get the complete analysis for TPE:8499

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

NT$300.00
Price
NT$219.95
GF Value