Best Brands Grup Enerji Yatirim AS (IST:BESTE) Interest Coverage: 1.19 (As of Dec. 2024) — 23% Below Median


IST:BESTE Best Brands Grup Enerji Yatirim AS IST:BESTE
17 GF Score
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What is Best Brands Grup Enerji Yatirim AS Interest Coverage?

Best Brands Grup Enerji Yatirim AS IST:BESTE +4.10% 17 Interest Coverage is 1.19 as of Dec. 2024, which is 23% below its 10-year median of 1.55. GuruFocus rates IST:BESTE with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 321 Utilities - Independent Power Producers companies, Best Brands Grup Enerji Yatirim AS ranks worse than 77.26% 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. Best Brands Grup Enerji Yatirim AS's Operating Income for the six months ended in Dec. 2024 was ₺62.6 Mil. Best Brands Grup Enerji Yatirim AS's Interest Expense for the six months ended in Dec. 2024 was ₺-52.5 Mil. Best Brands Grup Enerji Yatirim AS's interest coverage for the quarter that ended in Dec. 2024 was 1.19. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Best Brands Grup Enerji Yatirim AS's Interest Coverage or its related term are showing as below:

IST:BESTE' s Interest Coverage Range Over the Past 10 Years
Min: 1.19   Med: 1.55   Max: 2.21
Current: 1.19


IST:BESTE's Interest Coverage is ranked worse than
77.26% of 321 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.77 vs IST:BESTE: 1.19

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


Best Brands Grup Enerji Yatirim AS  (IST:BESTE) 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 .


Best Brands Grup Enerji Yatirim AS Interest Coverage Related Terms


Best Brands Grup Enerji Yatirim AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Best Brands Grup Enerji Yatirim AS'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.

Best Brands Grup Enerji Yatirim AS Interest Coverage Chart

Best Brands Grup Enerji Yatirim AS Annual Data
Trend Dec22 Dec23 Dec24
Interest Coverage
2.21 1.55 1.19

Best Brands Grup Enerji Yatirim AS Semi-Annual Data
Dec22 Dec23 Dec24
Interest Coverage 2.21 1.55 1.19

Best Brands Grup Enerji Yatirim AS Interest Coverage Competitor Comparison

For the Utilities - Renewable subindustry, Best Brands Grup Enerji Yatirim AS'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.


Best Brands Grup Enerji Yatirim AS Interest Coverage vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Best Brands Grup Enerji Yatirim AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Best Brands Grup Enerji Yatirim AS's Interest Coverage falls into.


IST:BESTE
17GF Score
Best Brands Grup Enerji Yatirim AS IST:BESTE
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Best Brands Grup Enerji Yatirim AS 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.

Best Brands Grup Enerji Yatirim AS's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Best Brands Grup Enerji Yatirim AS's Interest Expense was ₺-52.5 Mil. Its Operating Income was ₺62.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺200.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*62.639/-52.512
=1.19

Best Brands Grup Enerji Yatirim AS's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Best Brands Grup Enerji Yatirim AS's Interest Expense was ₺-52.5 Mil. Its Operating Income was ₺62.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺200.0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*62.639/-52.512
=1.19

* 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 1.19 mean?
Best Brands Grup Enerji Yatirim AS (IST:BESTE) has a Interest Coverage of 1.19 as of Dec. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Best Brands Grup Enerji Yatirim AS and its competitors. This is 23% below median its historical median of 1.55. Over the past decade, Best Brands Grup Enerji Yatirim AS's Interest Coverage has ranged from 1.19 to 2.21. According to the industry distribution chart, Best Brands Grup Enerji Yatirim AS ranks #248 out of 321 companies in the Utilities - Independent Power Producers industry, placing it in the top 77.3%.
Is Best Brands Grup Enerji Yatirim AS's Interest Coverage too high?
Best Brands Grup Enerji Yatirim AS's current Interest Coverage of 1.19 is 23% below median its 10-year median of 1.55. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 2.21. The Utilities - Independent Power Producers industry median Interest Coverage is 2.77. Best Brands Grup Enerji Yatirim AS's value of 1.19 is 57% below this industry median. Based on the distribution chart, Best Brands Grup Enerji Yatirim AS ranks #248 out of 321 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Best Brands Grup Enerji Yatirim AS has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Best Brands Grup Enerji Yatirim AS's Interest Coverage compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Best Brands Grup Enerji Yatirim AS ranks #248 out of 321 companies for Interest Coverage. This places Best Brands Grup Enerji Yatirim AS in the lower half of its industry. The industry median Interest Coverage is 2.77. Best Brands Grup Enerji Yatirim AS's value of 1.19 is 57% below this benchmark. Historically, Best Brands Grup Enerji Yatirim AS's own Interest Coverage has ranged from 1.19 to 2.21 over the past decade. While the company's 10-year median is 1.55 vs. the industry median of 2.77, Best Brands Grup Enerji Yatirim AS 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 an Utilities - Independent Power Producers company?
The median Interest Coverage among Utilities - Independent Power Producers companies is 2.77, based on 321 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. Best Brands Grup Enerji Yatirim AS's current Interest Coverage of 1.19 is 57% 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 Best Brands Grup Enerji Yatirim AS and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Best Brands Grup Enerji Yatirim AS's current Interest Coverage is 1.19, which is 23% below median its own 10-year median of 1.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Best Brands Grup Enerji Yatirim AS stock overvalued right now?
Best Brands Grup Enerji Yatirim AS (IST:BESTE) has a current Interest Coverage of 1.19. The current Interest Coverage is 1.19, which is 23% below median its 10-year median of 1.55 and 57% below the Utilities - Independent Power Producers industry median of 2.77. Best Brands Grup Enerji Yatirim AS's overall GF Score™ is 17/100 with 2 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 Best Brands Grup Enerji Yatirim AS (IST:BESTE), the current Interest Coverage is 1.19 as of Dec. 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.

Best Brands Grup Enerji Yatirim AS Business Description

Address Ruzgarlibahce Mahallesi Sehit, Topcu Yzb. Sinan Eroglu, Caddesi No:6/2 , Kavacik, Beykoz, Istanbul, TUR
Best Brands Grup Enerji Yatirim AS is a renewable energy organization. The company is engaged in the establishment, commissioning, leasing, and participation in existing or future facilities, individuals, and businesses, as well as the production of electrical energy and the sale of the produced electrical energy and/or capacity to customers, both domestically and internationally. Its activities are carried out through its solar power plants are related to electricity generation.
17GF Score

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