Hsin Kao Gas Co (TPE:9931) Interest Coverage: 359.02 (As of Dec. 2025) — 82% Below Median


TPE:9931 Hsin Kao Gas Co Ltd TPE:9931
82 GF Score
Price NT$35.10
GF Value NT$37.60
Valuation Fairly Valued
! 4 Warning Signs
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What is Hsin Kao Gas Co Interest Coverage?

Hsin Kao Gas Co TPE:9931 +0.86% 82 Interest Coverage is 359.02 as of Dec. 2025, which is 82% below its 10-year median of 2,001.10. GuruFocus rates TPE:9931 with a GF Score™ of 82/100 and a GF Value™ of NT$37.60 (Fairly Valued). The stock has 4 warning signs investors should review. Among 449 Utilities - Regulated companies, Hsin Kao Gas Co ranks better than 97.1% 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 Kao Gas Co's Operating Income for the three months ended in Dec. 2025 was NT$43 Mil. Hsin Kao Gas Co's Interest Expense for the three months ended in Dec. 2025 was NT$-0 Mil. Hsin Kao Gas Co's interest coverage for the quarter that ended in Dec. 2025 was 359.02. 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. Hsin Kao Gas Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

TPE:9931' s Interest Coverage Range Over the Past 10 Years
Min: 69.52   Med: 2001.1   Max: 20579.9
Current: 435.92


TPE:9931's Interest Coverage is ranked better than
97.1% of 449 companies
in the Utilities - Regulated industry
Industry Median: 3.78 vs TPE:9931: 435.92

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 Kao Gas Co  (TPE:9931) 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 Kao Gas Co Interest Coverage Related Terms


Hsin Kao Gas Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hsin Kao 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.

Hsin Kao Gas Co Interest Coverage Chart

Hsin Kao 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 459.73 209.67 69.52 70.58 435.92

Hsin Kao 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 193.22 560.65 532.10 301.69 359.02

TPE:9931 vs ATO, NI, UGI: Interest Coverage Comparison

For the Utilities - Regulated Gas subindustry, Hsin Kao 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.


Hsin Kao Gas Co Interest Coverage vs Utilities - Regulated Industry

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

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


TPE:9931
82GF Score
Hsin Kao Gas Co Ltd TPE:9931
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hsin Kao 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.

Hsin Kao 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, Hsin Kao Gas Co's Interest Expense was NT$-0 Mil. Its Operating Income was NT$197 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$44 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*196.6/-0.451
=435.92

Hsin Kao 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, Hsin Kao Gas Co's Interest Expense was NT$-0 Mil. Its Operating Income was NT$43 Mil. And its Long-Term Debt & Capital Lease Obligation was NT$44 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*43.442/-0.121
=359.02

* 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 359.02 mean?
Hsin Kao Gas Co (TPE:9931) has a Interest Coverage of 359.02 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hsin Kao Gas Co and its competitors. This is 82% below median its historical median of 2,001.10. Over the past decade, Hsin Kao Gas Co's Interest Coverage has ranged from 69.52 to 20,579.90. According to the industry distribution chart, Hsin Kao Gas Co ranks #13 out of 449 companies in the Utilities - Regulated industry, placing it in the top 2.9%.
Is Hsin Kao Gas Co's Interest Coverage too high?
Hsin Kao Gas Co's current Interest Coverage of 359.02 is 82% below median its 10-year median of 2,001.10. Over the past 10 years, this metric has ranged from a low of 69.52 to a high of 20,579.90. The Utilities - Regulated industry median Interest Coverage is 3.78. Hsin Kao Gas Co's value of 359.02 is 9397.9% above this industry median. Based on the distribution chart, Hsin Kao Gas Co ranks #13 out of 449 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Hsin Kao Gas Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hsin Kao Gas Co's Interest Coverage compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Hsin Kao Gas Co ranks #13 out of 449 companies for Interest Coverage. This places Hsin Kao Gas Co in the top 3% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.78. Hsin Kao Gas Co's value of 359.02 is 9397.9% above this benchmark. Historically, Hsin Kao Gas Co's own Interest Coverage has ranged from 69.52 to 20,579.90 over the past decade. While the company's 10-year median is 2,001.10 vs. the industry median of 3.78, Hsin Kao 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. Hsin Kao Gas Co's current Interest Coverage of 359.02 is 9397.9% 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 Kao 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. Hsin Kao Gas Co's current Interest Coverage is 359.02, which is 82% below median its own 10-year median of 2,001.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsin Kao Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Hsin Kao Gas Co (TPE:9931) is currently considered Fairly Valued. The stock's GF Value™ is NT$37.60, compared to a current price of NT$35.10 — trading 6.6% below its estimated fair value. The current Interest Coverage is 359.02, which is 82% below median its 10-year median of 2,001.10 and 9397.9% above the Utilities - Regulated industry median of 3.78. Hsin Kao Gas Co's overall GF Score™ is 82/100 with 4 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 Kao Gas Co (TPE:9931), the current Interest Coverage is 359.02 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 Hsin Kao Gas Co (TPE:9931) Overvalued in 2026?

Based on GuruFocus' analysis, Hsin Kao Gas Co stock appears to be undervalued. The current stock price of NT$35.10 is trading 6.6% below its estimated GF Value™ of NT$37.60. GuruFocus considers Hsin Kao Gas Co to be Fairly Valued.

Key valuation signals for TPE:9931:

  • Interest Coverage: 359.02 (82% below median its 10-year median of 2,001.10)
  • GF Value™: NT$37.60 vs. price of NT$35.10 (6.6% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 9397.9% above the Utilities - Regulated median (#13 of 449)

No single metric tells the full story. See the TPE:9931 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hsin Kao Gas Co Business Description

Address No.12, Minquan 1st Road, Lingya District, Kaohsiung, TWN, 802037
Hsin Kao Gas Co Ltd is a Taiwan-based company mainly engaged in the sale of natural gas and the installation of gas pipelines. The Company sells natural gas and transports the natural gas imported by CPC Corp Taiwan to residential and commercial users in the operating area through gas pipelines for use as fuel. The business scope mainly targets industrial, commercial and general household users in the nine administrative districts of Kaohsiung City, including Sanmin, Qianjin, Xinxing, Lingya, Qianzhen, Gushan, Zuoying, Nanzi and Yancheng.
82GF Score

Get the complete analysis for TPE:9931

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

NT$35.10
Price
NT$37.60
GF Value