Apex Spinning & Knitting MillsDHA:APEXSPINN +6.82%64 Interest Coverage is 2.00 as of Mar. 2026, which is 94% below its 10-year median of 31.64. GuruFocus rates DHA:APEXSPINN with a GF Score™ of 64/100 and a GF Value™ of BDT118.63 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 739 Manufacturing - Apparel & Accessories companies, Apex Spinning & Knitting Mills ranks worse than 57.37% 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. Apex Spinning & Knitting Mills's
Operating Income
for the
three
months ended in Mar. 2026 was BDT37 Mil. Apex Spinning & Knitting Mills's Interest Expense for the
three
months ended in Mar. 2026 was BDT-19 Mil.
Apex Spinning & Knitting Mills's interest coverage for the quarter that ended in Mar. 2026 was 2.00.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Apex Spinning & Knitting Mills's Interest Coverage or its related term are showing as below:
DHA:APEXSPINN'
s Interest Coverage Range Over the Past 10 Years
Min: 3.74 Med: 31.64 Max: 118.58
Current: 3.74
DHA:APEXSPINN's Interest Coverage is ranked worse than 57.37% of 739
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43
vs DHA:APEXSPINN: 3.74
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 .
Apex Spinning & Knitting Mills Interest Coverage Related Terms
Apex Spinning & Knitting Mills Interest Coverage Historical Data
* 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.
DHA:APEXSPINN vs RL, LEVI, VFC: Interest Coverage Comparison
For the Apparel Manufacturing subindustry, Apex Spinning & Knitting Mills'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.
Apex Spinning & Knitting Mills Interest Coverage vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Apex Spinning & Knitting Mills's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Apex Spinning & Knitting Mills'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.
Apex Spinning & Knitting Mills (DHA:APEXSPINN) has a Interest Coverage of 2.00 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Apex Spinning & Knitting Mills and its competitors. This is 94% below median its historical median of 31.64. Over the past decade, Apex Spinning & Knitting Mills' Interest Coverage has ranged from 3.74 to 118.58. According to the industry distribution chart, Apex Spinning & Knitting Mills ranks #424 out of 739 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 57.4%.
Is Apex Spinning & Knitting Mills' Interest Coverage too high?
Apex Spinning & Knitting Mills' current Interest Coverage of 2.00 is 94% below median its 10-year median of 31.64. Over the past 10 years, this metric has ranged from a low of 3.74 to a high of 118.58. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.43. Apex Spinning & Knitting Mills' value of 2.00 is 63.2% below this industry median. Based on the distribution chart, Apex Spinning & Knitting Mills ranks #424 out of 739 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Apex Spinning & Knitting Mills has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex Spinning & Knitting Mills' Interest Coverage compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Apex Spinning & Knitting Mills ranks #424 out of 739 companies for Interest Coverage. This places Apex Spinning & Knitting Mills in the lower half of its industry. The industry median Interest Coverage is 5.43. Apex Spinning & Knitting Mills' value of 2.00 is 63.2% below this benchmark. Historically, Apex Spinning & Knitting Mills' own Interest Coverage has ranged from 3.74 to 118.58 over the past decade. While the company's 10-year median is 31.64 vs. the industry median of 5.43, Apex Spinning & Knitting Mills 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.43, based on 739 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. Apex Spinning & Knitting Mills's current Interest Coverage of 2.00 is 63.2% 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 Apex Spinning & Knitting Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Spinning & Knitting Mills's current Interest Coverage is 2.00, which is 94% below median its own 10-year median of 31.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Spinning & Knitting Mills stock overvalued right now?
Based on GuruFocus' analysis, Apex Spinning & Knitting Mills (DHA:APEXSPINN) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT118.63, compared to a current price of BDT399.40 — trading 236.7% above its estimated fair value. The current Interest Coverage is 2.00, which is 94% below median its 10-year median of 31.64 and 63.2% below the Manufacturing - Apparel & Accessories industry median of 5.43. Apex Spinning & Knitting Mills' overall GF Score™ is 64/100 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 Apex Spinning & Knitting Mills (DHA:APEXSPINN), the current Interest Coverage is 2.00 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 Apex Spinning & Knitting Mills (DHA:APEXSPINN) Overvalued in 2026?
Based on GuruFocus' analysis, Apex Spinning & Knitting Mills stock appears to be overvalued.
The current stock price of BDT399.40 is trading 236.7% above its estimated GF Value™ of BDT118.63.
GuruFocus considers Apex Spinning & Knitting Mills to be Significantly Overvalued.
Key valuation signals for DHA:APEXSPINN:
Interest Coverage: 2.00 (94% below median its 10-year median of 31.64)
GF Value™: BDT118.63 vs. price of BDT399.40 (236.7% above fair value)
Industry Position: 63.2% below the Manufacturing - Apparel & Accessories median (#424 of 739)
No single metric tells the full story. See the DHA:APEXSPINN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apex Spinning & Knitting Mills Business Description
Apex Spinning & Knitting Mills Ltd is a Bangladesh-based company that operates as a manufacturer and exporter of all kinds of textiles and knitted garments. The company is an integrated knitting, dyeing and finishing and garment factory. The company specialises in infant, children's, and women's wear using fabrics produced in-house. ASKML is equipped to produce a wide range of solid dyed, yarn dyed, and all-over printed fabrics using a variety of designs provided by the customer.
64GF Score
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