Shin Shin Natural Gas Co (TPE:9918) Interest Coverage: 120.51 (As of Dec. 2025) — 95% Below Median


TPE:9918 Shin Shin Natural Gas Co Ltd TPE:9918
84 GF Score
Price NT$42.70
GF Value NT$42.87
Valuation Fairly Valued
! 2 Warning Signs
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What is Shin Shin Natural Gas Co Interest Coverage?

Shin Shin Natural Gas Co TPE:9918 -1.16% 84 Interest Coverage is 120.51 as of Dec. 2025, which is 95% below its 10-year median of 2,459.38. GuruFocus rates TPE:9918 with a GF Score™ of 84/100 and a GF Value™ of NT$42.87 (Fairly Valued). The stock has 2 warning signs investors should review. Among 449 Utilities - Regulated companies, Shin Shin Natural Gas Co ranks better than 96.66% 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. Shin Shin Natural Gas Co's Operating Income for the three months ended in Dec. 2025 was NT$29 Mil. Shin Shin Natural Gas Co's Interest Expense for the three months ended in Dec. 2025 was NT$-0 Mil. Shin Shin Natural Gas Co's interest coverage for the quarter that ended in Dec. 2025 was 120.51. 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. Shin Shin Natural Gas Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TPE:9918' s Interest Coverage Range Over the Past 10 Years
Min: 328.55   Med: 2459.38   Max: No Debt
Current: 328.55


TPE:9918's Interest Coverage is ranked better than
96.66% of 449 companies
in the Utilities - Regulated industry
Industry Median: 3.78 vs TPE:9918: 328.55

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


Shin Shin Natural Gas Co  (TPE:9918) 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 .


Shin Shin Natural Gas Co Interest Coverage Related Terms


Shin Shin Natural Gas Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shin Shin Natural Gas 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.

Shin Shin Natural Gas Co Interest Coverage Chart

Shin Shin Natural Gas 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 3,097.19 1,240.75 1,567.84 577.96 328.55

Shin Shin Natural Gas 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 212.56 586.26 334.57 226.50 120.51

TPE:9918 vs ATO, NI, UGI: Interest Coverage Comparison

For the Utilities - Regulated Gas subindustry, Shin Shin Natural Gas 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.


Shin Shin Natural Gas Co Interest Coverage vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shin Shin Natural Gas Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shin Shin Natural Gas Co's Interest Coverage falls into.


TPE:9918
84GF Score
Shin Shin Natural Gas Co Ltd TPE:9918
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shin Shin Natural Gas 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.

Shin Shin Natural Gas 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, Shin Shin Natural Gas Co's Interest Expense was NT$-1 Mil. Its Operating Income was NT$331 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$28 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*330.526/-1.006
=328.55

Shin Shin Natural Gas Co's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Shin Shin Natural Gas Co's Interest Expense was NT$-0 Mil. Its Operating Income was NT$29 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$28 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*28.561/-0.237
=120.51

* 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 120.51 mean?
Shin Shin Natural Gas Co (TPE:9918) has a Interest Coverage of 120.51 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shin Shin Natural Gas Co and its competitors. This is 95% below median its historical median of 2,459.38. Over the past decade, Shin Shin Natural Gas Co's Interest Coverage has ranged from 328.55 to 10,000.00. According to the industry distribution chart, Shin Shin Natural Gas Co ranks #15 out of 449 companies in the Utilities - Regulated industry, placing it in the top 3.3%.
Is Shin Shin Natural Gas Co's Interest Coverage too high?
Shin Shin Natural Gas Co's current Interest Coverage of 120.51 is 95% below median its 10-year median of 2,459.38. Over the past 10 years, this metric has ranged from a low of 328.55 to a high of 10,000.00. The Utilities - Regulated industry median Interest Coverage is 3.78. Shin Shin Natural Gas Co's value of 120.51 is 3088.1% above this industry median. Based on the distribution chart, Shin Shin Natural Gas Co ranks #15 out of 449 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Shin Shin Natural Gas Co has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shin Shin Natural Gas Co's Interest Coverage compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shin Shin Natural Gas Co ranks #15 out of 449 companies for Interest Coverage. This places Shin Shin Natural Gas Co in the top 3% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.78. Shin Shin Natural Gas Co's value of 120.51 is 3088.1% above this benchmark. Historically, Shin Shin Natural Gas Co's own Interest Coverage has ranged from 328.55 to 10,000.00 over the past decade. While the company's 10-year median is 2,459.38 vs. the industry median of 3.78, Shin Shin Natural Gas 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 an Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.78, based on 449 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. Shin Shin Natural Gas Co's current Interest Coverage of 120.51 is 3088.1% 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 Shin Shin Natural Gas Co and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Shin Natural Gas Co's current Interest Coverage is 120.51, which is 95% below median its own 10-year median of 2,459.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Shin Natural Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Shin Shin Natural Gas Co (TPE:9918) is currently considered Fairly Valued. The stock's GF Value™ is NT$42.87, compared to a current price of NT$42.70 — trading 0.4% below its estimated fair value. The current Interest Coverage is 120.51, which is 95% below median its 10-year median of 2,459.38 and 3088.1% above the Utilities - Regulated industry median of 3.78. Shin Shin Natural Gas Co's overall GF Score™ is 84/100 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 Shin Shin Natural Gas Co (TPE:9918), the current Interest Coverage is 120.51 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 Shin Shin Natural Gas Co (TPE:9918) Overvalued in 2026?

Based on GuruFocus' analysis, Shin Shin Natural Gas Co stock appears to be undervalued. The current stock price of NT$42.70 is trading 0.4% below its estimated GF Value™ of NT$42.87. GuruFocus considers Shin Shin Natural Gas Co to be Fairly Valued.

Key valuation signals for TPE:9918:

  • Interest Coverage: 120.51 (95% below median its 10-year median of 2,459.38)
  • GF Value™: NT$42.87 vs. price of NT$42.70 (0.4% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 3088.1% above the Utilities - Regulated median (#15 of 449)

No single metric tells the full story. See the TPE:9918 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shin Shin Natural Gas Co Business Description

Address No. 100, Section 1, Yonghe Road, Yonghe District, Taipei, TWN
Shin Shin Natural Gas Co Ltd is a Taiwan-based company engaged in the transmission of combustible natural gas by pipeline for non-industrial fuel supply, the installation of gas pipeline construction, and other related natural gas industry and affiliated businesses. The company mainly operates in two segments which are the Gas sales segment mainly responsible for the supply of natural gas to customers through pipelines and the Installation segment mainly responsible for the installation of natural gas transmission pipelines and gas safety equipment.
84GF Score

Get the complete analysis for TPE:9918

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

NT$42.70
Price
NT$42.87
GF Value