Ten Ren Tea Co

Ten Ren Tea Co Interest Coverage

The Interest Coverage Ratio of Ten Ren Tea Co (1233.TW) as of Oct 19, 2026 is 5.67. In the previous year, Interest Coverage Ratio was 15.32 — a change of -62.99% (lower).

Interest Coverage

5.67

YoY

-62.99%

Last updated:

Interest Coverage Ratio of Ten Ren Tea Co is 2024 5.67 . Interest Coverage Ratio of Ten Ren Tea Co was 2023 15.32 . It decreases by -62.99% lower compared to the previous year.

The Ten Ren Tea Co Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
39.87 TWD
Jan 1, 2018
8.65 TWD
Jan 1, 2019
23.16 TWD
Jan 1, 2020
18.88 TWD
Jan 1, 2021
12.96 TWD
Jan 1, 2022
1.99 TWD
Jan 1, 2023
15.32 TWD
Jan 1, 2024
5.67 TWD
The Ten Ren Tea Co Interest Coverage history
YEARInterest CoverageYoY
5.67-62.99%
15.32+670.67%
1.99-84.67%
12.96-31.33%
18.88-18.50%
23.16+167.63%
8.65-78.30%
39.87-33.92%
60.34+405.93%
11.93+8.27%
11.02—

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Ten Ren Tea Co Stock analysis

What does Ten Ren Tea Co do? Ten Ren Tea Co Ltd is a company that specializes in the sale of high-quality tea. The company was founded in 1953 in Taiwan and has since become one of the largest tea traders and manufacturers worldwide. The history of Ten Ren Tea is closely linked to Taiwan's history. In the 1950s, when Taiwan was going through a severe economic crisis, Ten Ren's founder, Lee Rie-Ho, began selling tea leaves and tea products. He recognized the potential of this industry and invested in tea plantations and expanding production. The company grew rapidly and soon opened its own tea shops in Taiwan and other countries. Today, Ten Ren Tea Co Ltd has more than 50 branches in Taiwan and is represented in over 20 countries. The company specializes in the sale of green, black, Oolong, and Pu-Erh tea, and also offers tea varieties such as jasmine tea, chai tea, and fruit tea. Ten Ren Tea has a unique business model based on direct contact with tea farmers. The company buys tea directly from local farmers and sources its raw materials from the best tea-growing regions in the world. Through collaboration with farmers, Ten Ren ensures that only the best tea leaves are used and that farmers are fairly compensated. The company also invests heavily in research and development to develop innovative tea varieties and constantly improve its products. For example, Ten Ren Tea has developed its own method of roasting green tea, resulting in a unique, full-bodied flavor. Ten Ren Tea offers a variety of tea varieties and products tailored to the needs and preferences of customers. In addition to tea leaves and tea bags, the company also offers tea drinks, instant teas, accessories such as teapots, cups and serving ware, as well as tea books and other resources on tea. The company has also developed several tea divisions targeting different audiences. For example, the "TenFu" division offers high-quality tea for discerning customers, while the "Ten-Max" division focuses on selling tea drinks in supermarkets and cafes. Ten Ren Tea Co Ltd is committed to spreading its vision of quality, innovation, and sustainability throughout the tea industry. The company aims to produce the best tea varieties in the world and provide its customers with an authentic and unforgettable tea-drinking experience. Ten Ren Tea Co is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Ten Ren Tea Co stock

Interest Coverage Ratio of Ten Ren Tea Co is 5.67 in 2024.

Interest Coverage Ratio of Ten Ren Tea Co changed from 15.32 to 5.67, representing a -62.99% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Ten Ren Tea 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 Ten Ren Tea Co with sector peers and the industry average to assess whether it is attractive.

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