Delta Spinners (DHA:DELTASPINN) Interest Coverage: 1.25 (As of Mar. 2026) — 17% Below Median


DHA:DELTASPINN Delta Spinners Ltd DHA:DELTASPINN
43 GF Score
Price BDT7.00
! 10 Warning Signs
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What is Delta Spinners Interest Coverage?

Delta Spinners DHA:DELTASPINN +4.48% 43 Interest Coverage is 1.25 as of Mar. 2026, which is 17% below its 10-year median of 1.51. GuruFocus rates DHA:DELTASPINN with a GF Score™ of 43/100. The stock has 10 warning signs investors should review. Among 734 Manufacturing - Apparel & Accessories companies, Delta Spinners ranks worse than 92.64% 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. Delta Spinners's Operating Income for the three months ended in Mar. 2026 was BDT17.5 Mil. Delta Spinners's Interest Expense for the three months ended in Mar. 2026 was BDT-14.0 Mil. Delta Spinners's interest coverage for the quarter that ended in Mar. 2026 was 1.25. The higher the ratio, the stronger the company's financial strength is.

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

DHA:DELTASPINN' s Interest Coverage Range Over the Past 10 Years
Min: 0.82   Med: 1.51   Max: 1.74
Current: 0.82


DHA:DELTASPINN's Interest Coverage is ranked worse than
92.64% of 734 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.445 vs DHA:DELTASPINN: 0.82

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


Delta Spinners  (DHA:DELTASPINN) 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 .


Delta Spinners Interest Coverage Related Terms


Delta Spinners Interest Coverage Historical Data

* Premium members only.

The historical data trend for Delta Spinners'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.

Delta Spinners Interest Coverage Chart

Delta Spinners Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Interest Coverage
Get a 7-Day Free Trial 1.47 1.74 1.29 1.20 1.55

Delta Spinners Quarterly Data
Dec19 Mar20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 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 0.57 1.69 0.00 1.42 1.25

Delta Spinners Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Delta Spinners'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.


Delta Spinners Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Delta Spinners's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Delta Spinners's Interest Coverage falls into.


DHA:DELTASPINN
43GF Score
Delta Spinners Ltd DHA:DELTASPINN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Delta Spinners 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.

Delta Spinners's Interest Coverage for the fiscal year that ended in Jun. 2017 is calculated as

Here, for the fiscal year that ended in Jun. 2017, Delta Spinners's Interest Expense was BDT-81.9 Mil. Its Operating Income was BDT127.2 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT416.3 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2017 )/Interest Expense (A: Jun. 2017 )
=-1*127.211/-81.901
=1.55

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

Here, for the three months ended in Mar. 2026, Delta Spinners's Interest Expense was BDT-14.0 Mil. Its Operating Income was BDT17.5 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*17.505/-13.973
=1.25

* 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 1.25 mean?
Delta Spinners (DHA:DELTASPINN) has a Interest Coverage of 1.25 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Delta Spinners and its competitors. This is 17% below median its historical median of 1.51. Over the past decade, Delta Spinners' Interest Coverage has ranged from 0.82 to 1.74. According to the industry distribution chart, Delta Spinners ranks #680 out of 734 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 92.6%.
Is Delta Spinners' Interest Coverage too high?
Delta Spinners' current Interest Coverage of 1.25 is 17% below median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 1.74. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.45. Delta Spinners' value of 1.25 is 77% below this industry median. Based on the distribution chart, Delta Spinners ranks #680 out of 734 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Delta Spinners has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Delta Spinners' Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Delta Spinners ranks #680 out of 734 companies for Interest Coverage. This places Delta Spinners in the lower half of its industry. The industry median Interest Coverage is 5.45. Delta Spinners' value of 1.25 is 77% below this benchmark. Historically, Delta Spinners' own Interest Coverage has ranged from 0.82 to 1.74 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 5.45, Delta Spinners 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 5.45, based on 734 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. Delta Spinners's current Interest Coverage of 1.25 is 77% 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 Delta Spinners and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Spinners's current Interest Coverage is 1.25, which is 17% below median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Spinners stock overvalued right now?
Delta Spinners (DHA:DELTASPINN) has a current Interest Coverage of 1.25. The current Interest Coverage is 1.25, which is 17% below median its 10-year median of 1.51 and 77% below the Manufacturing - Apparel & Accessories industry median of 5.45. Delta Spinners' overall GF Score™ is 43/100 with 10 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 Delta Spinners (DHA:DELTASPINN), the current Interest Coverage is 1.25 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.

Delta Spinners Business Description

Address 254-B Khilgaon Chowdhury Para, Dhaka, BGD, 1219
Delta Spinners Ltd is Bangladesh-based company engaged in manufacturing cotton yarn. It is a textile spinning mill. The products of the company are Cotton yarn, CVC yarn, and Viscose yarn.
43GF Score

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

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