Hsin BA Ba (TPE:9906) Interest Coverage: 15.74 (As of Mar. 2026) — 39% Above Median

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TPE:9906 Hsin BA Ba Corp TPE:9906
71 GF Score
Price NT$39.40
GF Value NT$52.52
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Hsin BA Ba Interest Coverage?

Hsin BA Ba TPE:9906 +0.38% 71 Interest Coverage is 15.74 as of Mar. 2026, which is 39% above its 10-year median of 11.36. GuruFocus rates TPE:9906 with a GF Score™ of 71/100 and a GF Value™ of NT$52.52 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,368 Construction companies, Hsin BA Ba ranks better than 56.65% 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. Hsin BA Ba's Operating Income for the three months ended in Mar. 2026 was NT$202 Mil. Hsin BA Ba's Interest Expense for the three months ended in Mar. 2026 was NT$-13 Mil. Hsin BA Ba's interest coverage for the quarter that ended in Mar. 2026 was 15.74. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Hsin BA Ba's Interest Coverage or its related term are showing as below:

TPE:9906' s Interest Coverage Range Over the Past 10 Years
Min: 2.42   Med: 11.36   Max: 18.35
Current: 10.83


TPE:9906's Interest Coverage is ranked better than
56.65% of 1368 companies
in the Construction industry
Industry Median: 8.02 vs TPE:9906: 10.83

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


Hsin BA Ba  (TPE:9906) 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 .


Hsin BA Ba Interest Coverage Related Terms


Hsin BA Ba Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hsin BA Ba'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.

Hsin BA Ba Interest Coverage Chart

Hsin BA Ba 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 6.89 17.70 18.35 11.81 2.42

Hsin BA Ba Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 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 0.00 0.00 0.00 20.95 15.74

TPE:9906 vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Hsin BA Ba'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.


Hsin BA Ba Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Hsin BA Ba's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hsin BA Ba's Interest Coverage falls into.


TPE:9906
71GF Score
Hsin BA Ba Corp TPE:9906
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hsin BA Ba 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.

Hsin BA Ba'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, Hsin BA Ba's Interest Expense was NT$-31 Mil. Its Operating Income was NT$76 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1,556 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*76.148/-31.489
=2.42

Hsin BA Ba's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Hsin BA Ba's Interest Expense was NT$-13 Mil. Its Operating Income was NT$202 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$1,602 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*201.63/-12.807
=15.74

* 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 15.74 mean?
Hsin BA Ba (TPE:9906) has a Interest Coverage of 15.74 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hsin BA Ba and its competitors. This is 39% above median its historical median of 11.36. Over the past decade, Hsin BA Ba's Interest Coverage has ranged from 2.42 to 18.35. According to the industry distribution chart, Hsin BA Ba ranks #593 out of 1368 companies in the Construction industry, placing it in the top 43.3%.
Is Hsin BA Ba's Interest Coverage too high?
Hsin BA Ba's current Interest Coverage of 15.74 is 39% above median its 10-year median of 11.36. Over the past 10 years, this metric has ranged from a low of 2.42 to a high of 18.35. The Construction industry median Interest Coverage is 8.02. Hsin BA Ba's value of 15.74 is 96.3% above this industry median. Based on the distribution chart, Hsin BA Ba ranks #593 out of 1368 companies in the Construction industry, which is above the industry midpoint. Overall, Hsin BA Ba has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hsin BA Ba's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Hsin BA Ba ranks #593 out of 1368 companies for Interest Coverage. This puts Hsin BA Ba in the upper half of its industry. The industry median Interest Coverage is 8.02. Hsin BA Ba's value of 15.74 is 96.3% above this benchmark. Historically, Hsin BA Ba's own Interest Coverage has ranged from 2.42 to 18.35 over the past decade. While the company's 10-year median is 11.36 vs. the industry median of 8.02, Hsin BA Ba 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 Construction company?
The median Interest Coverage among Construction companies is 8.02, based on 1,368 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. Hsin BA Ba's current Interest Coverage of 15.74 is 96.3% 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 Hsin BA Ba and its competitors. For the Construction industry, the median Interest Coverage is 8.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsin BA Ba's current Interest Coverage is 15.74, which is 39% above median its own 10-year median of 11.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsin BA Ba stock overvalued right now?
Based on GuruFocus' analysis, Hsin BA Ba (TPE:9906) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$52.52, compared to a current price of NT$39.40 — trading 25% below its estimated fair value. The current Interest Coverage is 15.74, which is 39% above median its 10-year median of 11.36 and 96.3% above the Construction industry median of 8.02. Hsin BA Ba's overall GF Score™ is 71/100 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 Hsin BA Ba (TPE:9906), the current Interest Coverage is 15.74 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.

Is Hsin BA Ba (TPE:9906) Overvalued in 2026?

Based on GuruFocus' analysis, Hsin BA Ba stock appears to be undervalued. The current stock price of NT$39.40 is trading 25% below its estimated GF Value™ of NT$52.52. GuruFocus considers Hsin BA Ba to be Modestly Undervalued.

Key valuation signals for TPE:9906:

  • Interest Coverage: 15.74 (39% above median its 10-year median of 11.36)
  • GF Value™: NT$52.52 vs. price of NT$39.40 (25% below fair value)
  • GF Score™: 71/100 with 6 warning signs
  • Industry Position: 96.3% above the Construction median (#593 of 1368)

No single metric tells the full story. See the TPE:9906 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hsin BA Ba Business Description

Address No.6, Minquan 2nd Road, 27th floor, Qianzhen District, Kaohsiung City, TWN, 80661
Hsin BA Ba Corp is engaged in designing, planning, and selling commercial and residential buildings. It also provides interior designing services and construction contracting services.
71GF Score

Get the complete analysis for TPE:9906

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

NT$39.40
Price
NT$52.52
GF Value