Maksons Spinning Mills (DHA:MAKSONSPIN) Interest Coverage: 0.04 (As of Mar. 2025)


DHA:MAKSONSPIN Maksons Spinning Mills PLC DHA:MAKSONSPIN
45 GF Score
Price BDT5.90
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What is Maksons Spinning Mills Interest Coverage?

Maksons Spinning Mills DHA:MAKSONSPIN 45 Interest Coverage is 0.04 as of Mar. 2025. GuruFocus rates DHA:MAKSONSPIN with a GF Score™ of 45/100.

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. Maksons Spinning Mills's Operating Income for the three months ended in Mar. 2025 was BDT11 Mil. Maksons Spinning Mills's Interest Expense for the three months ended in Mar. 2025 was BDT-264 Mil. Maksons Spinning Mills's interest coverage for the quarter that ended in Mar. 2025 was 0.04. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Maksons Spinning Mills's Interest Coverage or its related term are showing as below:


DHA:MAKSONSPIN's Interest Coverage is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.445
* Ranked among companies with meaningful Interest Coverage only.

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


Maksons Spinning Mills  (DHA:MAKSONSPIN) 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 .


Maksons Spinning Mills Interest Coverage Related Terms


Maksons Spinning Mills Interest Coverage Historical Data

* Premium members only.

The historical data trend for Maksons Spinning Mills'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.

Maksons Spinning Mills Interest Coverage Chart

Maksons Spinning Mills Annual Data
Trend Sep14 Sep15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 2.88 3.01 0.00 0.05

Maksons Spinning Mills Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25
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 0.00 1.15 0.16 0.00 0.04

Maksons Spinning Mills Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Maksons Spinning 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.


Maksons Spinning Mills Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Maksons Spinning Mills's Interest Coverage falls into.


DHA:MAKSONSPIN
45GF Score
Maksons Spinning Mills PLC DHA:MAKSONSPIN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Maksons Spinning Mills 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.

Maksons Spinning Mills's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, Maksons Spinning Mills's Interest Expense was BDT-787 Mil. Its Operating Income was BDT37 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT992 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2024 )/Interest Expense (A: Jun. 2024 )
=-1*37.402/-786.77
=0.05

Maksons Spinning Mills's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Maksons Spinning Mills's Interest Expense was BDT-264 Mil. Its Operating Income was BDT11 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT1,751 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*11.066/-264.295
=0.04

* 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 0.04 mean?
Maksons Spinning Mills (DHA:MAKSONSPIN) has a Interest Coverage of 0.04 as of Mar. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Maksons Spinning Mills and its competitors.
Is Maksons Spinning Mills' Interest Coverage too high?
Maksons Spinning Mills' current Interest Coverage is 0.04. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.45. Maksons Spinning Mills' value of 0.04 is 99.3% below this industry median. Overall, Maksons Spinning Mills has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Maksons Spinning Mills' Interest Coverage compare to competitors?
Maksons Spinning Mills' Interest Coverage of 0.04 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Interest Coverage is 5.45. Maksons Spinning Mills' value of 0.04 is 99.3% below this benchmark. 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. Maksons Spinning Mills's current Interest Coverage of 0.04 is 99.3% 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 Maksons Spinning Mills 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. Maksons Spinning Mills's current Interest Coverage is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maksons Spinning Mills stock overvalued right now?
Maksons Spinning Mills (DHA:MAKSONSPIN) has a current Interest Coverage of 0.04. The current Interest Coverage is 0.04 and 99.3% below the Manufacturing - Apparel & Accessories industry median of 5.45. Maksons Spinning Mills' overall GF Score™ is 45/100. 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 Maksons Spinning Mills (DHA:MAKSONSPIN), the current Interest Coverage is 0.04 as of Mar. 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.

Maksons Spinning Mills Business Description

Address House No. 17, Road No. 6, Sector No. 1, Uttara Model Town, Dhaka, BGD, 1230
Maksons Spinning Mills PLC is a Bangladesh-based company in the production and sale of cotton yarn and also it offers cotton combed and carded yarn to the export-oriented readymade garments and knitting industries. The company's specialties are following Carded Yarn, Organic Yarn (Carded, Combed, Slub, Grey melange), Combed Yarn, Slub Yarn, BCI Yarn, Compact Combed Yarn, Grey Melange Yarn, and slub yarn.
45GF Score

Get the complete analysis for DHA:MAKSONSPIN

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

BDT5.90
Price