S Alam Cold Rolled Steels (DHA:SALAMCRST) Interest Coverage: 1.10 (As of Mar. 2024)

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DHA:SALAMCRST S Alam Cold Rolled Steels Ltd DHA:SALAMCRST
10 GF Score
Price BDT12.70
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What is S Alam Cold Rolled Steels Interest Coverage?

S Alam Cold Rolled Steels DHA:SALAMCRST -2.31% 10 Interest Coverage is 1.10 as of Mar. 2024. GuruFocus rates DHA:SALAMCRST with a GF Score™ of 10/100.

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. S Alam Cold Rolled Steels's Operating Income for the three months ended in Mar. 2024 was BDT196 Mil. S Alam Cold Rolled Steels's Interest Expense for the three months ended in Mar. 2024 was BDT-178 Mil. S Alam Cold Rolled Steels's interest coverage for the quarter that ended in Mar. 2024 was 1.10. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for S Alam Cold Rolled Steels's Interest Coverage or its related term are showing as below:


DHA:SALAMCRST'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.


S Alam Cold Rolled Steels  (DHA:SALAMCRST) 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 .


S Alam Cold Rolled Steels Interest Coverage Related Terms


S Alam Cold Rolled Steels Interest Coverage Historical Data

* Premium members only.

The historical data trend for S Alam Cold Rolled Steels'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.

S Alam Cold Rolled Steels Interest Coverage Chart

S Alam Cold Rolled Steels Annual Data
Trend Sep13 Sep14 Sep15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.82 1.27 1.35 1.47 1.39

S Alam Cold Rolled Steels Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.32 1.58 1.05 1.19 1.10

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

For the Steel subindustry, S Alam Cold Rolled Steels'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.


S Alam Cold Rolled Steels Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, S Alam Cold Rolled Steels's Interest Coverage distribution charts can be found below:

* The bar in red indicates where S Alam Cold Rolled Steels's Interest Coverage falls into.


DHA:SALAMCRST
10GF Score
S Alam Cold Rolled Steels Ltd DHA:SALAMCRST
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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S Alam Cold Rolled Steels 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.

S Alam Cold Rolled Steels's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, S Alam Cold Rolled Steels's Interest Expense was BDT-638 Mil. Its Operating Income was BDT886 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT0 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2023 )/Interest Expense (A: Jun. 2023 )
=-1*885.787/-637.775
=1.39

S Alam Cold Rolled Steels's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, S Alam Cold Rolled Steels's Interest Expense was BDT-178 Mil. Its Operating Income was BDT196 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*195.542/-177.558
=1.10

* 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 1.10 mean?
S Alam Cold Rolled Steels (DHA:SALAMCRST) has a Interest Coverage of 1.10 as of Mar. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on S Alam Cold Rolled Steels and its competitors.
Is S Alam Cold Rolled Steels' Interest Coverage too high?
S Alam Cold Rolled Steels' current Interest Coverage is 1.10. The Steel industry median Interest Coverage is 4.53. S Alam Cold Rolled Steels' value of 1.10 is 75.7% below this industry median. Overall, S Alam Cold Rolled Steels has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does S Alam Cold Rolled Steels' Interest Coverage compare to NUE and STLD?
S Alam Cold Rolled Steels' Interest Coverage of 1.10 can be compared against companies in the Steel industry. The industry median Interest Coverage is 4.53. S Alam Cold Rolled Steels' value of 1.10 is 75.7% 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 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. S Alam Cold Rolled Steels's current Interest Coverage of 1.10 is 75.7% 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 S Alam Cold Rolled Steels 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. S Alam Cold Rolled Steels's current Interest Coverage is 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S Alam Cold Rolled Steels stock overvalued right now?
S Alam Cold Rolled Steels (DHA:SALAMCRST) has a current Interest Coverage of 1.10. The current Interest Coverage is 1.10 and 75.7% below the Steel industry median of 4.53. S Alam Cold Rolled Steels' overall GF Score™ is 10/100. 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 S Alam Cold Rolled Steels (DHA:SALAMCRST), the current Interest Coverage is 1.10 as of Mar. 2024. 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.

S Alam Cold Rolled Steels Business Description

Address S. Alam Bhaban, Asadgonj, Chattogram, BGD, 2119
S Alam Cold Rolled Steels Ltd is a steel manufacturing company. Its business activities include manufacturing and marketing cold rolled steel strips and galvanized steel sheets. The company has two business segments - the Cold Rolled Strips segment, which includes purchasing hot roll and manufacturing and distribution of cold-rolled strips; and the Non-Oxide Furnace segment which comprises purchasing cold-rolled strips and manufacturing and distribution of galvanized steel sheets.
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT12.70
Price