Te Chang (ROCO:5511) Interest Expense: NT$-15 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:5511 Te Chang ROCO:5511
95 GF Score
Price NT$69.60
GF Value NT$65.38
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Te Chang Interest Expense?

Te Chang ROCO:5511 -0.57% 95 Interest Expense is NT$-15 Mil as of Mar. 2026. GuruFocus rates ROCO:5511 with a GF Score™ of 95/100 and a GF Value™ of NT$65.38 (Fairly Valued). The stock has 4 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Te Chang's interest expense for the three months ended in Mar. 2026 was NT$ -4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was NT$-15 Mil.

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. Te Chang's Operating Income for the three months ended in Mar. 2026 was NT$ 330 Mil. Te Chang's Interest Expense for the three months ended in Mar. 2026 was NT$ -4 Mil. Te Chang's Interest Coverage for the quarter that ended in Mar. 2026 was 92.64. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Te Chang  (ROCO:5511) Interest Expense Explanation

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. The higher, the better.

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

Te Chang's Interest Expense for the three months ended in Mar. 2026 was NT$-4 Mil. Its Operating Income for the three months ended in Mar. 2026 was NT$330 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was NT$1,056 Mil.

Te Chang's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*329.524/-3.557
=92.64

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Te Chang has enough cash to cover all of its debt. Its financial situation is stable.

Te Chang Interest Expense Historical Data

* Premium members only.

The historical data trend for Te Chang's Interest Expense 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.

Te Chang Interest Expense Chart

Te Chang Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.60 -14.38 -14.75 -15.30 -15.03

Te Chang Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense 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 -3.66 -3.82 -3.73 -3.82 -3.56
ROCO:5511
95GF Score
Te Chang ROCO:5511
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Te Chang Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-15 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of NT$-15 Mil mean?
Te Chang (ROCO:5511) has a Interest Expense of NT$-15 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Te Chang and its competitors.
Is Te Chang's Interest Expense too high?
Te Chang's current Interest Expense is NT$-15 Mil. Overall, Te Chang has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Te Chang's Interest Expense compare to PWR and FIX?
Te Chang's Interest Expense of NT$-15 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for a Construction company?
A good Interest Expense depends on the Construction industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Te Chang and its competitors. Te Chang's current Interest Expense is NT$-15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Te Chang stock overvalued right now?
Based on GuruFocus' analysis, Te Chang (ROCO:5511) is currently considered Fairly Valued. The stock's GF Value™ is NT$65.38, compared to a current price of NT$69.60 — trading 6.5% above its estimated fair value. The current Interest Expense is NT$-15 Mil. Te Chang's overall GF Score™ is 95/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Te Chang (ROCO:5511), the current Interest Expense is NT$-15 Mil 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 Te Chang (ROCO:5511) Overvalued in 2026?

Based on GuruFocus' analysis, Te Chang stock appears to be overvalued. The current stock price of NT$69.60 is trading 6.5% above its estimated GF Value™ of NT$65.38. GuruFocus considers Te Chang to be Fairly Valued.

Key valuation signals for ROCO:5511:

  • Interest Expense: NT$-15 Mil
  • GF Value™: NT$65.38 vs. price of NT$69.60 (6.5% above fair value)
  • GF Score™: 95/100 with 4 warning signs

No single metric tells the full story. See the ROCO:5511 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Te Chang Business Description

Address Wuquan Road, 1st Floor, No.401-1, North District, Taichung, TWN, 40458
Te Chang main business operations include contracting for construction and civil engineering projects. The Group is engaged in the construction and real estate leasing business and is a single reportable segment. The company has presence in Taiwan, and Thailand. The company generates majority of revenue from Taiwan. The company's projects are Hospital Project, School Project, social housing, Factory building project, Commercial buildings, office building, civil Engineering, Other projects.
95GF Score

Get the complete analysis for ROCO:5511

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

NT$69.60
Price
NT$65.38
GF Value