IRCIRCWF 37 Interest Coverage is 16.14 as of Dec. 2025, which is 651% above its 10-year median of 2.15. GuruFocus rates IRCWF with a GF Score™ of 37/100 and a GF Value™ of $0.13. The stock has 4 warning signs investors should review. Among 458 Steel companies, IRC ranks better than 60.04% 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. IRC's
Operating Income
for the
six
months ended in Dec. 2025 was $34.6 Mil. IRC's Interest Expense for the
six
months ended in Dec. 2025 was $-2.1 Mil.
IRC's interest coverage for the quarter that ended in Dec. 2025 was 16.14.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for IRC's Interest Coverage or its related term are showing as below:
IRCWF'
s Interest Coverage Range Over the Past 10 Years
Min: 0.08 Med: 2.15 Max: 10.29
Current: 7.03
IRCWF's Interest Coverage is ranked better than 60.04% of 458
companies
in the Steel industry
Industry Median: 4.445
vs IRCWF: 7.03
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 .
IRC Interest Coverage Related Terms
IRC Interest Coverage Historical Data
* Premium members only.
The historical data trend for IRC'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.
IRCWF vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, IRC'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.
IRC Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, IRC's Interest Coverage distribution charts can be found below:
* The bar in red indicates where IRC'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.
IRC (IRCWF) has a Interest Coverage of 16.14 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on IRC and its competitors. This is 651% above median its historical median of 2.15. Over the past decade, IRC's Interest Coverage has ranged from 0.08 to 10.29. According to the industry distribution chart, IRC ranks #183 out of 458 companies in the Steel industry, placing it in the top 40%.
Is IRC's Interest Coverage too high?
IRC's current Interest Coverage of 16.14 is 651% above median its 10-year median of 2.15. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 10.29. The Steel industry median Interest Coverage is 4.45. IRC's value of 16.14 is 263.1% above this industry median. Based on the distribution chart, IRC ranks #183 out of 458 companies in the Steel industry, which is above the industry midpoint. Overall, IRC has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does IRC's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, IRC ranks #183 out of 458 companies for Interest Coverage. This puts IRC in the upper half of its industry. The industry median Interest Coverage is 4.45. IRC's value of 16.14 is 263.1% above this benchmark. Historically, IRC's own Interest Coverage has ranged from 0.08 to 10.29 over the past decade. While the company's 10-year median is 2.15 vs. the industry median of 4.45, IRC has consistently been above 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 458 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. IRC's current Interest Coverage of 16.14 is 263.1% above 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 IRC and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRC's current Interest Coverage is 16.14, which is 651% above median its own 10-year median of 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRC stock overvalued right now?
IRC (IRCWF) has a current Interest Coverage of 16.14. The stock's GF Value™ is $0.13, compared to a current price of $0.11 — trading 17.3% below its estimated fair value. The current Interest Coverage is 16.14, which is 651% above median its 10-year median of 2.15 and 263.1% above the Steel industry median of 4.45. IRC's overall GF Score™ is 37/100 with 4 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 IRC (IRCWF), the current Interest Coverage is 16.14 as of Dec. 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.
Is IRC (IRCWF) Overvalued in 2026?
Based on GuruFocus' analysis, IRC stock appears to be undervalued.
The current stock price of $0.11 is trading 17.3% below its estimated GF Value™ of $0.13.
Key valuation signals for IRCWF:
Interest Coverage: 16.14 (651% above median its 10-year median of 2.15)
GF Value™: $0.13 vs. price of $0.11 (17.3% below fair value)
Industry Position: 263.1% above the Steel median (#183 of 458)
No single metric tells the full story. See the IRCWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IRC Ltd is engaged in the production and development of industrial commodity products, including iron ore concentrate. The main activities of the Group are carried out in Russia and the Group predominantly serves the Russian and Chinese markets. The company's segment includes: Mines in production, Mines in development, Engineering, and Other. The company generates the majority of its revenue from Mines in the production segment, which comprises an iron ore project in the production phase. This segment includes the K&S Project, which is located in the Russian Far East Region and started commercial production in January 2017. Geographically, the firm derives the majority of its revenue from the PRC.
37GF Score
Get the complete analysis for IRCWF
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