SMI - Ste Metallurgique d'Imiter (CAS:SMI) Interest Coverage: 361.21 (As of Dec. 2025) — 611% Above Median


CAS:SMI SMI - Ste Metallurgique d'Imiter CAS:SMI
73 GF Score
Price MAD5,950.00
GF Value MAD3,417.45
Valuation Significantly Overvalued
! 2 Warning Signs
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What is SMI - Ste Metallurgique d'Imiter Interest Coverage?

SMI - Ste Metallurgique d'Imiter CAS:SMI +0.85% 73 Interest Coverage is 361.21 as of Dec. 2025, which is 611% above its 10-year median of 50.79. GuruFocus rates CAS:SMI with a GF Score™ of 73/100 and a GF Value™ of MAD3,417.45 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,319 Metals & Mining companies, SMI - Ste Metallurgique d'Imiter ranks worse than 63.08% 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. SMI - Ste Metallurgique d'Imiter's Operating Income for the six months ended in Dec. 2025 was MAD435 Mil. SMI - Ste Metallurgique d'Imiter's Interest Expense for the six months ended in Dec. 2025 was MAD-1 Mil. SMI - Ste Metallurgique d'Imiter's interest coverage for the quarter that ended in Dec. 2025 was 361.21. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. SMI - Ste Metallurgique d'Imiter has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for SMI - Ste Metallurgique d'Imiter's Interest Coverage or its related term are showing as below:

CAS:SMI' s Interest Coverage Range Over the Past 10 Years
Min: 8.76   Med: 50.79   Max: 214.72
Current: 214.64


CAS:SMI's Interest Coverage is ranked worse than
63.08% of 1319 companies
in the Metals & Mining industry
Industry Median: No Debt vs CAS:SMI: 214.64

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


SMI - Ste Metallurgique d'Imiter  (CAS:SMI) 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 .


SMI - Ste Metallurgique d'Imiter Interest Coverage Related Terms


SMI - Ste Metallurgique d'Imiter Interest Coverage Historical Data

* Premium members only.

The historical data trend for SMI - Ste Metallurgique d'Imiter'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.

SMI - Ste Metallurgique d'Imiter Interest Coverage Chart

SMI - Ste Metallurgique d'Imiter 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 0.00 0.00 33.52 50.79 214.72

SMI - Ste Metallurgique d'Imiter 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 65.71 49.31 52.57 96.19 361.21

SMI - Ste Metallurgique d'Imiter Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, SMI - Ste Metallurgique d'Imiter'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.


SMI - Ste Metallurgique d'Imiter Interest Coverage vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, SMI - Ste Metallurgique d'Imiter's Interest Coverage distribution charts can be found below:

* The bar in red indicates where SMI - Ste Metallurgique d'Imiter's Interest Coverage falls into.


CAS:SMI
73GF Score
SMI - Ste Metallurgique d'Imiter CAS:SMI
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SMI - Ste Metallurgique d'Imiter 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.

SMI - Ste Metallurgique d'Imiter'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, SMI - Ste Metallurgique d'Imiter's Interest Expense was MAD-3 Mil. Its Operating Income was MAD579 Mil. And its Long-Term Debt & Capital Lease Obligation was MAD0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*578.675/-2.695
=214.72

SMI - Ste Metallurgique d'Imiter's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, SMI - Ste Metallurgique d'Imiter's Interest Expense was MAD-1 Mil. Its Operating Income was MAD435 Mil. And its Long-Term Debt & Capital Lease Obligation was MAD0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*435.257/-1.205
=361.21

* 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 361.21 mean?
SMI - Ste Metallurgique d'Imiter (CAS:SMI) has a Interest Coverage of 361.21 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SMI - Ste Metallurgique d'Imiter and its competitors. This is 611% above median its historical median of 50.79. Over the past decade, SMI - Ste Metallurgique d'Imiter's Interest Coverage has ranged from 8.76 to 214.72. According to the industry distribution chart, SMI - Ste Metallurgique d'Imiter ranks #832 out of 1319 companies in the Metals & Mining industry, placing it in the top 63.1%.
Is SMI - Ste Metallurgique d'Imiter's Interest Coverage too high?
SMI - Ste Metallurgique d'Imiter's current Interest Coverage of 361.21 is 611% above median its 10-year median of 50.79. Over the past 10 years, this metric has ranged from a low of 8.76 to a high of 214.72. The Metals & Mining industry median Interest Coverage is 10,000.00. SMI - Ste Metallurgique d'Imiter's value of 361.21 is 96.4% below this industry median. Based on the distribution chart, SMI - Ste Metallurgique d'Imiter ranks #832 out of 1319 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, SMI - Ste Metallurgique d'Imiter has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SMI - Ste Metallurgique d'Imiter's Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, SMI - Ste Metallurgique d'Imiter ranks #832 out of 1319 companies for Interest Coverage. This places SMI - Ste Metallurgique d'Imiter in the lower half of its industry. The industry median Interest Coverage is 10,000.00. SMI - Ste Metallurgique d'Imiter's value of 361.21 is 96.4% below this benchmark. Historically, SMI - Ste Metallurgique d'Imiter's own Interest Coverage has ranged from 8.76 to 214.72 over the past decade. While the company's 10-year median is 50.79 vs. the industry median of 10,000.00, SMI - Ste Metallurgique d'Imiter 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 Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,319 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. SMI - Ste Metallurgique d'Imiter's current Interest Coverage of 361.21 is 96.4% 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 SMI - Ste Metallurgique d'Imiter and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SMI - Ste Metallurgique d'Imiter's current Interest Coverage is 361.21, which is 611% above median its own 10-year median of 50.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMI - Ste Metallurgique d'Imiter stock overvalued right now?
Based on GuruFocus' analysis, SMI - Ste Metallurgique d'Imiter (CAS:SMI) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD3,417.45, compared to a current price of MAD5,950.00 — trading 74.1% above its estimated fair value. The current Interest Coverage is 361.21, which is 611% above median its 10-year median of 50.79 and 96.4% below the Metals & Mining industry median of 10,000.00. SMI - Ste Metallurgique d'Imiter's overall GF Score™ is 73/100 with 2 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 SMI - Ste Metallurgique d'Imiter (CAS:SMI), the current Interest Coverage is 361.21 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 SMI - Ste Metallurgique d'Imiter (CAS:SMI) Overvalued in 2026?

Based on GuruFocus' analysis, SMI - Ste Metallurgique d'Imiter stock appears to be overvalued. The current stock price of MAD5,950.00 is trading 74.1% above its estimated GF Value™ of MAD3,417.45. GuruFocus considers SMI - Ste Metallurgique d'Imiter to be Significantly Overvalued.

Key valuation signals for CAS:SMI:

  • Interest Coverage: 361.21 (611% above median its 10-year median of 50.79)
  • GF Value™: MAD3,417.45 vs. price of MAD5,950.00 (74.1% above fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 96.4% below the Metals & Mining median (#832 of 1319)

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


SMI - Ste Metallurgique d'Imiter Business Description

Address Twin Center, Tour A, PO Box 5199, Angle Boulevards Zerktouni et Al Massira Al Khadra, Casablanca, MAR
SMI - Ste Metallurgique d'Imiter is a Morocco-based company engaged in the mining industry. The company's product portfolio consists of precious metals such as Silver and Gold, Copper, Zinc, Cobalt cathode, Arsenic, Nickel and many more. Its Morocco project consists of Bouskour and Tizert. The Bouskour project is located approximately 80 kilometers southeast of the city of Ouarzazate. Its Tizert project is situated approximately 80 kilometers east of the city of Agadir in the province of Taroudant. The company's Africa project comprises of Gold projects, Tri-K projects, Pumpi project, and Assosa and Budur projects.
73GF Score

Get the complete analysis for CAS:SMI

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

MAD5,950.00
Price
MAD3,417.45
GF Value