BLLQF (Bell Equipment) Interest Coverage: 8.37 (As of Dec. 2025) — 80% Above Median


BLLQF Bell Equipment Ltd BLLQF
49 GF Score
Price $2.30
GF Value $2.09
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Bell Equipment Interest Coverage?

Bell Equipment BLLQF 49 Interest Coverage is 8.37 as of Dec. 2025, which is 80% above its 10-year median of 4.64. GuruFocus rates BLLQF with a GF Score™ of 49/100 and a GF Value™ of $2.09 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 169 Farm & Heavy Construction Machinery companies, Bell Equipment ranks worse than 56.8% 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. Bell Equipment's Operating Income for the six months ended in Dec. 2025 was $16.5 Mil. Bell Equipment's Interest Expense for the six months ended in Dec. 2025 was $-2.0 Mil. Bell Equipment's interest coverage for the quarter that ended in Dec. 2025 was 8.37. The higher the ratio, the stronger the company's financial strength is.

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

BLLQF' s Interest Coverage Range Over the Past 10 Years
Min: 0.23   Med: 4.64   Max: 9.31
Current: 7.8


BLLQF's Interest Coverage is ranked worse than
56.8% of 169 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.32 vs BLLQF: 7.80

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


Bell Equipment  (OTCPK:BLLQF) 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 .


Bell Equipment Interest Coverage Related Terms


Bell Equipment Interest Coverage Historical Data

* Premium members only.

The historical data trend for Bell Equipment'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.

Bell Equipment Interest Coverage Chart

Bell Equipment 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 4.19 5.15 6.07 4.08 7.80

Bell Equipment Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 6.27 5.13 2.76 7.34 8.37

BLLQF vs CAT, DE, PCAR: Interest Coverage Comparison

For the Farm & Heavy Construction Machinery subindustry, Bell Equipment'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.


Bell Equipment Interest Coverage vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Bell Equipment's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bell Equipment's Interest Coverage falls into.


BLLQF
49GF Score
Bell Equipment Ltd BLLQF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bell Equipment 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.

Bell Equipment'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, Bell Equipment's Interest Expense was $-4.4 Mil. Its Operating Income was $34.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $33.8 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*34.534/-4.428
=7.80

Bell Equipment's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Bell Equipment's Interest Expense was $-2.0 Mil. Its Operating Income was $16.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $33.8 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*16.545/-1.976
=8.37

* 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 8.37 mean?
Bell Equipment (BLLQF) has a Interest Coverage of 8.37 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bell Equipment and its competitors. This is 80% above median its historical median of 4.64. Over the past decade, Bell Equipment's Interest Coverage has ranged from 0.23 to 9.31. According to the industry distribution chart, Bell Equipment ranks #96 out of 169 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 56.8%.
Is Bell Equipment's Interest Coverage too high?
Bell Equipment's current Interest Coverage of 8.37 is 80% above median its 10-year median of 4.64. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 9.31. The Farm & Heavy Construction Machinery industry median Interest Coverage is 9.32. Bell Equipment's value of 8.37 is 10.2% below this industry median. Based on the distribution chart, Bell Equipment ranks #96 out of 169 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Bell Equipment has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bell Equipment's Interest Coverage compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Bell Equipment ranks #96 out of 169 companies for Interest Coverage. This places Bell Equipment in the lower half of its industry. The industry median Interest Coverage is 9.32. Bell Equipment's value of 8.37 is 10.2% below this benchmark. Historically, Bell Equipment's own Interest Coverage has ranged from 0.23 to 9.31 over the past decade. While the company's 10-year median is 4.64 vs. the industry median of 9.32, Bell Equipment has consistently been below 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 Farm & Heavy Construction Machinery company?
The median Interest Coverage among Farm & Heavy Construction Machinery companies is 9.32, based on 169 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. Bell Equipment's current Interest Coverage of 8.37 is 10.2% below 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 Bell Equipment and its competitors. For the Farm & Heavy Construction Machinery industry, the median Interest Coverage is 9.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bell Equipment's current Interest Coverage is 8.37, which is 80% above median its own 10-year median of 4.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bell Equipment stock overvalued right now?
Based on GuruFocus' analysis, Bell Equipment (BLLQF) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.09, compared to a current price of $2.30 — trading 10% above its estimated fair value. The current Interest Coverage is 8.37, which is 80% above median its 10-year median of 4.64 and 10.2% below the Farm & Heavy Construction Machinery industry median of 9.32. Bell Equipment's overall GF Score™ is 49/100 with 3 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 Bell Equipment (BLLQF), the current Interest Coverage is 8.37 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 Bell Equipment (BLLQF) Overvalued in 2026?

Based on GuruFocus' analysis, Bell Equipment stock appears to be overvalued. The current stock price of $2.30 is trading 10% above its estimated GF Value™ of $2.09. GuruFocus considers Bell Equipment to be Significantly Overvalued.

Key valuation signals for BLLQF:

  • Interest Coverage: 8.37 (80% above median its 10-year median of 4.64)
  • GF Value™: $2.09 vs. price of $2.30 (10% above fair value)
  • GF Score™: 49/100 with 3 warning signs
  • Industry Position: 10.2% below the Farm & Heavy Construction Machinery median (#96 of 169)

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


Bell Equipment Business Description

Other Exchanges BEL:South AfricaB2K:Germany
Address 13 - 19 Carbonode Cell Road, Alton, Richards Bay, ZAF, 3900
Bell Equipment Ltd designs and manufactures a wide Collection of products. This includes a complete range of Bell forestry and agriculture products. It seeks to develop and support local suppliers and invests in outreach initiatives with a focus on education, training, and development both internally and externally. It conducts two main business operations Manufacturing, assembly, logistics and dealer sales operations which is OEM operations comprising manufacturing, assembly and sales of equipment and aftermarket products to independent dealers for their distribution to market; and Direct Sales operations which is owned distribution operations for direct sales of own manufactured products, other third party products and the supply of aftermarket support and products to market.
49GF 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
$2.09
GF Value