Envoy TextilesDHA:ENVOYTEX +4.07%98 Interest Coverage is 1.61 as of Mar. 2026, which is 13% below its 10-year median of 1.86. GuruFocus rates DHA:ENVOYTEX with a GF Score™ of 98/100 and a GF Value™ of BDT50.13 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 739 Manufacturing - Apparel & Accessories companies, Envoy Textiles ranks worse than 70.64% 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. Envoy Textiles's
Operating Income
for the
three
months ended in Mar. 2026 was BDT625 Mil. Envoy Textiles's Interest Expense for the
three
months ended in Mar. 2026 was BDT-388 Mil.
Envoy Textiles's interest coverage for the quarter that ended in Mar. 2026 was 1.61.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Envoy Textiles's Interest Coverage or its related term are showing as below:
DHA:ENVOYTEX'
s Interest Coverage Range Over the Past 10 Years
Min: 1.41 Med: 1.86 Max: 2.52
Current: 2.25
DHA:ENVOYTEX's Interest Coverage is ranked worse than 70.64% of 739
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43
vs DHA:ENVOYTEX: 2.25
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 .
Envoy Textiles Interest Coverage Related Terms
Envoy Textiles Interest Coverage Historical Data
* Premium members only.
The historical data trend for Envoy Textiles'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.
For the Textile Manufacturing subindustry, Envoy Textiles'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.
Envoy Textiles Interest Coverage vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Envoy Textiles's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Envoy Textiles'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.
Envoy Textiles (DHA:ENVOYTEX) has a Interest Coverage of 1.61 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Envoy Textiles and its competitors. This is 13% below median its historical median of 1.86. Over the past decade, Envoy Textiles' Interest Coverage has ranged from 1.41 to 2.52. According to the industry distribution chart, Envoy Textiles ranks #522 out of 739 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 70.6%.
Is Envoy Textiles' Interest Coverage too high?
Envoy Textiles' current Interest Coverage of 1.61 is 13% below median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 1.41 to a high of 2.52. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.43. Envoy Textiles' value of 1.61 is 70.3% below this industry median. Based on the distribution chart, Envoy Textiles ranks #522 out of 739 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Envoy Textiles has a GF Score™ of 98/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Envoy Textiles' Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Envoy Textiles ranks #522 out of 739 companies for Interest Coverage. This places Envoy Textiles in the lower half of its industry. The industry median Interest Coverage is 5.43. Envoy Textiles' value of 1.61 is 70.3% below this benchmark. Historically, Envoy Textiles' own Interest Coverage has ranged from 1.41 to 2.52 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 5.43, Envoy Textiles 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. Envoy Textiles's current Interest Coverage of 1.61 is 70.3% 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 Envoy Textiles 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. Envoy Textiles's current Interest Coverage is 1.61, which is 13% below median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Envoy Textiles stock overvalued right now?
Based on GuruFocus' analysis, Envoy Textiles (DHA:ENVOYTEX) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT50.13, compared to a current price of BDT56.20 — trading 12.1% above its estimated fair value. The current Interest Coverage is 1.61, which is 13% below median its 10-year median of 1.86 and 70.3% below the Manufacturing - Apparel & Accessories industry median of 5.43. Envoy Textiles' overall GF Score™ is 98/100 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 Envoy Textiles (DHA:ENVOYTEX), the current Interest Coverage is 1.61 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 Envoy Textiles (DHA:ENVOYTEX) Overvalued in 2026?
Based on GuruFocus' analysis, Envoy Textiles stock appears to be overvalued.
The current stock price of BDT56.20 is trading 12.1% above its estimated GF Value™ of BDT50.13.
GuruFocus considers Envoy Textiles to be Modestly Overvalued.
Key valuation signals for DHA:ENVOYTEX:
Interest Coverage: 1.61 (13% below median its 10-year median of 1.86)
GF Value™: BDT50.13 vs. price of BDT56.20 (12.1% above fair value)
Industry Position: 70.3% below the Manufacturing - Apparel & Accessories median (#522 of 739)
No single metric tells the full story. See the DHA:ENVOYTEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Envoy Textiles Ltd is a manufacturer of denim and cotton yarn in Bangladesh. The company produces a range of denim products featuring a wide range of yarns and weaves in various shades of indigo and black. The company specializes in 4.5 oz to 14.75 oz ring and open-end denim and uses stretch, mill wash, and modern finishing processes. The product consists of zero cotton denim, bamboo denim, linen denim among others.
98GF Score
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