Ratanpur Steel Re-Rolling Mills (DHA:RSRMSTEEL) Interest Coverage: 0 (At Loss) (As of Jun. 2021)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:RSRMSTEEL Ratanpur Steel Re-Rolling Mills Ltd DHA:RSRMSTEEL
5 GF Score
Price BDT8.00
View Full Analysis

What is Ratanpur Steel Re-Rolling Mills Interest Coverage?

Ratanpur Steel Re-Rolling Mills DHA:RSRMSTEEL -2.44% 5 Interest Coverage is 0 (At Loss) as of Jun. 2021. GuruFocus rates DHA:RSRMSTEEL with a GF Score™ of 5/100.

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. Ratanpur Steel Re-Rolling Mills's Operating Income for the three months ended in Jun. 2021 was BDT-47 Mil. Ratanpur Steel Re-Rolling Mills's Interest Expense for the three months ended in Jun. 2021 was BDT-35 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Ratanpur Steel Re-Rolling Mills's Interest Coverage or its related term are showing as below:


DHA:RSRMSTEEL's Interest Coverage is not ranked *
in the Steel industry.
Industry Median: 4.53
* 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.


Ratanpur Steel Re-Rolling Mills  (DHA:RSRMSTEEL) 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 .


Ratanpur Steel Re-Rolling Mills Interest Coverage Related Terms


Ratanpur Steel Re-Rolling Mills Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ratanpur Steel Re-Rolling 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.

Ratanpur Steel Re-Rolling Mills Interest Coverage Chart

Ratanpur Steel Re-Rolling Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Interest Coverage
Get a 7-Day Free Trial 5.91 6.15 4.73 1.95 0.00

Ratanpur Steel Re-Rolling Mills Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 0.00 0.00 0.00 0.00

DHA:RSRMSTEEL vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Ratanpur Steel Re-Rolling 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.


Ratanpur Steel Re-Rolling Mills Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Ratanpur Steel Re-Rolling Mills's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ratanpur Steel Re-Rolling Mills's Interest Coverage falls into.


DHA:RSRMSTEEL
5GF Score
Ratanpur Steel Re-Rolling Mills Ltd DHA:RSRMSTEEL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ratanpur Steel Re-Rolling 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.

Ratanpur Steel Re-Rolling Mills's Interest Coverage for the fiscal year that ended in Jun. 2021 is calculated as

Here, for the fiscal year that ended in Jun. 2021, Ratanpur Steel Re-Rolling Mills's Interest Expense was BDT-141 Mil. Its Operating Income was BDT-230 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT987 Mil.

Ratanpur Steel Re-Rolling Mills did not have earnings to cover the interest expense.

Ratanpur Steel Re-Rolling Mills's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Here, for the three months ended in Jun. 2021, Ratanpur Steel Re-Rolling Mills's Interest Expense was BDT-35 Mil. Its Operating Income was BDT-47 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT987 Mil.

Ratanpur Steel Re-Rolling Mills did not have earnings to cover the 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.

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 (At Loss) mean?
Ratanpur Steel Re-Rolling Mills (DHA:RSRMSTEEL) has a Interest Coverage of 0 (At Loss) as of Jun. 2021. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ratanpur Steel Re-Rolling Mills and its competitors.
Is Ratanpur Steel Re-Rolling Mills' Interest Coverage too high?
Ratanpur Steel Re-Rolling Mills' current Interest Coverage is 0 (At Loss). Overall, Ratanpur Steel Re-Rolling Mills has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Ratanpur Steel Re-Rolling Mills' Interest Coverage compare to NUE and STLD?
Ratanpur Steel Re-Rolling Mills' Interest Coverage of 0 (At Loss) can be compared against companies in the Steel industry. The industry median Interest Coverage is 4.53. 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 Steel company?
The median Interest Coverage among Steel companies is 4.53, based on 460 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. 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 Ratanpur Steel Re-Rolling Mills and its competitors. For the Steel industry, the median Interest Coverage is 4.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ratanpur Steel Re-Rolling Mills's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratanpur Steel Re-Rolling Mills stock overvalued right now?
Ratanpur Steel Re-Rolling Mills (DHA:RSRMSTEEL) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Ratanpur Steel Re-Rolling Mills' overall GF Score™ is 5/100. 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 Ratanpur Steel Re-Rolling Mills (DHA:RSRMSTEEL), the current Interest Coverage is 0 (At Loss) as of Jun. 2021. 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.

Ratanpur Steel Re-Rolling Mills Business Description

Address 116 C.D.A Avenue, Nahar Mansion, Muradpur, Chittagong, BGD
Ratanpur Steel Re-Rolling Mills Ltd is a steel manufacturing company. The principal activities of the company is to manufacture and sales of a deformed bar of various grades. It is also engaged in the recycling of ships, providing shipping services, real estate, and others.
5GF Score

Get the complete analysis for DHA:RSRMSTEEL

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

BDT8.00
Price