Taiwan Wax Co

Taiwan Wax Co Interest Coverage

The Interest Coverage Ratio of Taiwan Wax Co (1742.TWO) as of Nov 12, 2026 is -0.05. In the previous year, Interest Coverage Ratio was 3.36 — a change of -101.43% (lower).

Interest Coverage

-0.05

YoY

-101.43%

Last updated:

Interest Coverage Ratio of Taiwan Wax Co is 2024 -0.05 . Interest Coverage Ratio of Taiwan Wax Co was 2023 3.36 . It decreases by -101.43% lower compared to the previous year.

The Taiwan Wax Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
3.09 TWD
Jan 1, 2018
-4.71 TWD
Jan 1, 2019
4.92 TWD
Jan 1, 2020
0.28 TWD
Jan 1, 2021
1.17 TWD
Jan 1, 2022
3.06 TWD
Jan 1, 2023
3.36 TWD
Jan 1, 2024
-0.05 TWD
The Taiwan Wax Co Interest Coverage history
YEARInterest CoverageYoY
-0.05-101.43%
3.36+9.88%
3.06+161.26%
1.17+325.14%
0.28-94.41%
4.92-204.55%
-4.71-252.49%
3.09-137.93%
-8.14-84.72%
-53.31-44.68%
-96.37—

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Taiwan Wax Co Stock analysis

What does Taiwan Wax Co do? Taiwan Wax Co., Ltd. manufactures refined waxes including soft waxes, hard waxes, Vaseline materials, formulated waxes, and chemical products for wax manufacturing. Its products such as refined waxes, microcrystalline waxes, intermediate waxes, and oil waxes are primarily used in candle production, damp proof coatings for cartons, crayon manufacturing, rubber additives, and electronic insulating materials. The company distributes its products within Taiwan and across Asia, the Americas, and Australia, while also offering leasing services as part of its business model. The firm's target segments include manufacturers of candles, packaging materials requiring damp proof coatings, crayon producers, rubber industry suppliers, and electronics companies needing insulating materials. These segments purchase the company's refined waxes and chemical products directly for integration into their production processes. The leasing service complements the core wax manufacturing business by providing additional revenue streams through asset utilization. Taiwan Wax Co., Ltd. focuses on supplying industrial wax solutions to specific sectors rather than retail consumers. Its product portfolio targets the manufacturing needs of businesses in the candle, packaging, stationery, rubber, and electronics industries. The company's distribution channels cover regional markets in Asia, the Americas, and Australia, with a primary focus on serving industrial clients through direct sales and leasing arrangements. Taiwan Wax Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Taiwan Wax Co stock

Interest Coverage Ratio of Taiwan Wax Co is -0.05 in 2024.

Interest Coverage Ratio of Taiwan Wax Co changed from 3.36 to -0.05, representing a -101.43% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Taiwan Wax Co since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Taiwan Wax Co with sector peers and the industry average to assess whether it is attractive.

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Leverage — Taiwan Wax Co

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