CAN2 Termik AS (IST:CANTE) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


IST:CANTE CAN2 Termik AS IST:CANTE
45 GF Score
Price ₺1.37
GF Value ₺0.76
Valuation Significantly Overvalued
! 5 Warning Signs
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What is CAN2 Termik AS Interest Coverage?

CAN2 Termik AS IST:CANTE -0.72% 45 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates IST:CANTE with a GF Score™ of 45/100 and a GF Value™ of ₺0.76 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 321 Utilities - Independent Power Producers companies, CAN2 Termik AS ranks worse than 311526.17% 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. CAN2 Termik AS's Operating Income for the three months ended in Mar. 2026 was ₺-278 Mil. CAN2 Termik AS's Interest Expense for the three months ended in Mar. 2026 was ₺-197 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 CAN2 Termik AS's Interest Coverage or its related term are showing as below:


IST:CANTE's Interest Coverage is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 2.77
* 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.


CAN2 Termik AS  (IST:CANTE) 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 .


CAN2 Termik AS Interest Coverage Related Terms


CAN2 Termik AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for CAN2 Termik 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.

CAN2 Termik AS Interest Coverage Chart

CAN2 Termik AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 1.24 4.78 1.34 0.77 0.00

CAN2 Termik AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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

IST:CANTE vs CEG, VST, NRG: Interest Coverage Comparison

For the Utilities - Independent Power Producers subindustry, CAN2 Termik 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.


CAN2 Termik AS Interest Coverage vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, CAN2 Termik AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where CAN2 Termik AS's Interest Coverage falls into.


IST:CANTE
45GF Score
CAN2 Termik AS IST:CANTE
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CAN2 Termik 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.

CAN2 Termik AS's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, CAN2 Termik AS's Interest Expense was ₺-492 Mil. Its Operating Income was ₺-757 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺12 Mil.

CAN2 Termik AS did not have earnings to cover the interest expense.

CAN2 Termik AS's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, CAN2 Termik AS's Interest Expense was ₺-197 Mil. Its Operating Income was ₺-278 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺7 Mil.

CAN2 Termik AS 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?
CAN2 Termik AS (IST:CANTE) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on CAN2 Termik AS and its competitors. According to the industry distribution chart, CAN2 Termik AS ranks #999999 out of 321 companies in the Utilities - Independent Power Producers industry.
Is CAN2 Termik AS's Interest Coverage too high?
CAN2 Termik AS's current Interest Coverage is 0 (At Loss). Based on the distribution chart, CAN2 Termik AS ranks #999999 out of 321 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, CAN2 Termik AS has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CAN2 Termik AS's Interest Coverage compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, CAN2 Termik AS ranks #999999 out of 321 companies for Interest Coverage. This places CAN2 Termik AS in the lower half of its industry. The industry median Interest Coverage is 2.77. 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. 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 CAN2 Termik 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. CAN2 Termik AS'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 CAN2 Termik AS stock overvalued right now?
Based on GuruFocus' analysis, CAN2 Termik AS (IST:CANTE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺0.76, compared to a current price of ₺1.37 — trading 80.3% above its estimated fair value. The current Interest Coverage is 0 (At Loss). CAN2 Termik AS's overall GF Score™ is 45/100 with 5 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 CAN2 Termik AS (IST:CANTE), the current Interest Coverage is 0 (At Loss) as of Mar. 2026. 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 CAN2 Termik AS (IST:CANTE) Overvalued in 2026?

Based on GuruFocus' analysis, CAN2 Termik AS stock appears to be overvalued. The current stock price of ₺1.37 is trading 80.3% above its estimated GF Value™ of ₺0.76. GuruFocus considers CAN2 Termik AS to be Significantly Overvalued.

Key valuation signals for IST:CANTE:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ₺0.76 vs. price of ₺1.37 (80.3% above fair value)
  • GF Score™: 45/100 with 5 warning signs

No single metric tells the full story. See the IST:CANTE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CAN2 Termik AS Business Description

Address Barbaros Mahallesi, Karanfil Sokak, Varyap Meridian Sitesi No:l lD, Villa 4 Bati Atajehir, Istanbul, TUR
CAN2 Termik AS is a company operating in the fields of electrical energy generation, procurement and mining. The Company is engaged in the establishment, commissioning, and leasing of domestic coal-based electrical energy production facilities, production of electrical energy, and the sale of the generated electrical energy and/or capacity to customers.
45GF Score

Get the complete analysis for IST:CANTE

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

₺1.37
Price
₺0.76
GF Value