AILTF (Argent Industrial) Interest Coverage: 35.02 (As of Mar. 2026) — 78% Above Median


AILTF Argent Industrial Ltd AILTF
57 GF Score
Price $2.30
GF Value $1.78
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Argent Industrial Interest Coverage?

Argent Industrial AILTF 57 Interest Coverage is 35.02 as of Mar. 2026, which is 78% above its 10-year median of 19.70. GuruFocus rates AILTF with a GF Score™ of 57/100 and a GF Value™ of $1.78 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 456 Steel companies, Argent Industrial ranks better than 79.82% 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. Argent Industrial's Operating Income for the six months ended in Mar. 2026 was $12.5 Mil. Argent Industrial's Interest Expense for the six months ended in Mar. 2026 was $-0.4 Mil. Argent Industrial's interest coverage for the quarter that ended in Mar. 2026 was 35.02. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Argent Industrial's Interest Coverage or its related term are showing as below:

AILTF' s Interest Coverage Range Over the Past 10 Years
Min: 5.39   Med: 19.7   Max: 33.22
Current: 33.22


AILTF's Interest Coverage is ranked better than
79.82% of 456 companies
in the Steel industry
Industry Median: 4.445 vs AILTF: 33.22

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


Argent Industrial  (OTCPK:AILTF) 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 .


Argent Industrial Interest Coverage Related Terms


Argent Industrial Interest Coverage Historical Data

* Premium members only.

The historical data trend for Argent Industrial'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.

Argent Industrial Interest Coverage Chart

Argent Industrial Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.60 21.18 25.87 25.86 33.20

Argent Industrial Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 26.50 31.45 22.30 31.49 35.02

AILTF vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Argent Industrial'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.


Argent Industrial Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Argent Industrial's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Argent Industrial's Interest Coverage falls into.


AILTF
57GF Score
Argent Industrial Ltd AILTF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Argent Industrial 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.

Argent Industrial's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Argent Industrial's Interest Expense was $-0.7 Mil. Its Operating Income was $24.2 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.4 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*24.201/-0.729
=33.20

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

Here, for the six months ended in Mar. 2026, Argent Industrial's Interest Expense was $-0.4 Mil. Its Operating Income was $12.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $5.4 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*12.537/-0.358
=35.02

* 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 35.02 mean?
Argent Industrial (AILTF) has a Interest Coverage of 35.02 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Argent Industrial and its competitors. This is 78% above median its historical median of 19.70. Over the past decade, Argent Industrial's Interest Coverage has ranged from 5.39 to 33.22. According to the industry distribution chart, Argent Industrial ranks #92 out of 456 companies in the Steel industry, placing it in the top 20.2%.
Is Argent Industrial's Interest Coverage too high?
Argent Industrial's current Interest Coverage of 35.02 is 78% above median its 10-year median of 19.70. Over the past 10 years, this metric has ranged from a low of 5.39 to a high of 33.22. The Steel industry median Interest Coverage is 4.45. Argent Industrial's value of 35.02 is 687.9% above this industry median. Based on the distribution chart, Argent Industrial ranks #92 out of 456 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Argent Industrial has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Argent Industrial's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Argent Industrial ranks #92 out of 456 companies for Interest Coverage. This places Argent Industrial in the top 20% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.45. Argent Industrial's value of 35.02 is 687.9% above this benchmark. Historically, Argent Industrial's own Interest Coverage has ranged from 5.39 to 33.22 over the past decade. While the company's 10-year median is 19.70 vs. the industry median of 4.45, Argent Industrial 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 a Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 456 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. Argent Industrial's current Interest Coverage of 35.02 is 687.9% 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 Argent Industrial and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argent Industrial's current Interest Coverage is 35.02, which is 78% above median its own 10-year median of 19.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argent Industrial stock overvalued right now?
Based on GuruFocus' analysis, Argent Industrial (AILTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.78, compared to a current price of $2.30 — trading 29.2% above its estimated fair value. The current Interest Coverage is 35.02, which is 78% above median its 10-year median of 19.70 and 687.9% above the Steel industry median of 4.45. Argent Industrial's overall GF Score™ is 57/100 with 6 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 Argent Industrial (AILTF), the current Interest Coverage is 35.02 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 Argent Industrial (AILTF) Overvalued in 2026?

Based on GuruFocus' analysis, Argent Industrial stock appears to be overvalued. The current stock price of $2.30 is trading 29.2% above its estimated GF Value™ of $1.78. GuruFocus considers Argent Industrial to be Modestly Overvalued.

Key valuation signals for AILTF:

  • Interest Coverage: 35.02 (78% above median its 10-year median of 19.70)
  • GF Value™: $1.78 vs. price of $2.30 (29.2% above fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 687.9% above the Steel median (#92 of 456)

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


Argent Industrial Business Description

Other Exchanges ART:South Africa
Address 8 Sinembe Crescent, Sinembe Park, First Floor, Ridge 63, PO Box 5108, La Lucia Ridge Office Estate, Durban, NL, ZAF, 4019
Argent Industrial Ltd is a holding company that derives its income from the manufacturing and trading of steel and steel-related products, and properties. The company is organized into three operating divisions, namely Manufacturing, Steel trading, and Properties. The Manufacturing segment consists of manufacturing branded consumer goods. The steel trading segment makes up ferrous steel, aluminum, and stainless steel products. Steel products are also traded internally to the group's manufacturing businesses. The group charges rent for the properties. The company generates a majority of its revenue from manufacturing businesses. Geographically, it derives a majority of its revenue from South Africa and has a presence in the rest of the world.
57GF Score

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

$2.30
Price
$1.78
GF Value