CSN MineracaoBSP:CMIN3 +0.24%74 Interest Coverage is 3.27 as of Mar. 2026, which is 57% below its 10-year median of 7.57. GuruFocus rates BSP:CMIN3 with a GF Score™ of 74/100 and a GF Value™ of R$5.31 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 458 Steel companies, CSN Mineracao ranks worse than 51.97% 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. CSN Mineracao's
Operating Income
for the
three
months ended in Mar. 2026 was R$938 Mil. CSN Mineracao's Interest Expense for the
three
months ended in Mar. 2026 was R$-287 Mil.
CSN Mineracao's interest coverage for the quarter that ended in Mar. 2026 was 3.27.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for CSN Mineracao's Interest Coverage or its related term are showing as below:
BSP:CMIN3'
s Interest Coverage Range Over the Past 10 Years
Min: 3.65 Med: 7.57 Max: 36.33
Current: 4.24
BSP:CMIN3's Interest Coverage is ranked worse than 51.97% of 458
companies
in the Steel industry
Industry Median: 4.445
vs BSP:CMIN3: 4.24
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 .
CSN Mineracao Interest Coverage Related Terms
CSN Mineracao Interest Coverage Historical Data
* Premium members only.
The historical data trend for CSN Mineracao'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.
BSP:CMIN3 vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, CSN Mineracao'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.
CSN Mineracao Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, CSN Mineracao's Interest Coverage distribution charts can be found below:
* The bar in red indicates where CSN Mineracao's Interest Coverage falls into.
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:
* 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.
CSN Mineracao (BSP:CMIN3) has a Interest Coverage of 3.27 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on CSN Mineracao and its competitors. This is 57% below median its historical median of 7.57. Over the past decade, CSN Mineracao's Interest Coverage has ranged from 3.65 to 36.33. According to the industry distribution chart, CSN Mineracao ranks #238 out of 458 companies in the Steel industry, placing it in the top 52%.
Is CSN Mineracao's Interest Coverage too high?
CSN Mineracao's current Interest Coverage of 3.27 is 57% below median its 10-year median of 7.57. Over the past 10 years, this metric has ranged from a low of 3.65 to a high of 36.33. The Steel industry median Interest Coverage is 4.45. CSN Mineracao's value of 3.27 is 26.4% below this industry median. Based on the distribution chart, CSN Mineracao ranks #238 out of 458 companies in the Steel industry, which is below the industry midpoint. Overall, CSN Mineracao has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CSN Mineracao's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, CSN Mineracao ranks #238 out of 458 companies for Interest Coverage. This places CSN Mineracao in the lower half of its industry. The industry median Interest Coverage is 4.45. CSN Mineracao's value of 3.27 is 26.4% below this benchmark. Historically, CSN Mineracao's own Interest Coverage has ranged from 3.65 to 36.33 over the past decade. While the company's 10-year median is 7.57 vs. the industry median of 4.45, CSN Mineracao 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 458 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. CSN Mineracao's current Interest Coverage of 3.27 is 26.4% 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 CSN Mineracao 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. CSN Mineracao's current Interest Coverage is 3.27, which is 57% below median its own 10-year median of 7.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSN Mineracao stock overvalued right now?
Based on GuruFocus' analysis, CSN Mineracao (BSP:CMIN3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$5.31, compared to a current price of R$4.25 — trading 20% below its estimated fair value. The current Interest Coverage is 3.27, which is 57% below median its 10-year median of 7.57 and 26.4% below the Steel industry median of 4.45. CSN Mineracao's overall GF Score™ is 74/100 with 7 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 CSN Mineracao (BSP:CMIN3), the current Interest Coverage is 3.27 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 CSN Mineracao (BSP:CMIN3) Overvalued in 2026?
Based on GuruFocus' analysis, CSN Mineracao stock appears to be undervalued.
The current stock price of R$4.25 is trading 20% below its estimated GF Value™ of R$5.31.
GuruFocus considers CSN Mineracao to be Modestly Undervalued.
Key valuation signals for BSP:CMIN3:
Interest Coverage: 3.27 (57% below median its 10-year median of 7.57)
GF Value™: R$5.31 vs. price of R$4.25 (20% below fair value)
Industry Position: 26.4% below the Steel median (#238 of 458)
No single metric tells the full story. See the BSP:CMIN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CSN Mineracao SA is engaged in the steelmaking business. The company operates in steel, mining, cement, logistics, and energy segments. The product portfolio includes flat, long, steel packaging, steel cutting services, and others. The company operates in Asia, Europe, and the domestic country, with the majority of revenue from Asia.
74GF Score
Get the complete analysis for BSP:CMIN3
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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