Celebi Hava Servisi AS (IST:CLEBI) Interest Coverage: 2.61 (As of Mar. 2026) — 66% Below Median


IST:CLEBI Celebi Hava Servisi AS IST:CLEBI
72 GF Score
Price ₺1,603.00
GF Value ₺2,266.69
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Celebi Hava Servisi AS Interest Coverage?

Celebi Hava Servisi AS IST:CLEBI +0.12% 72 Interest Coverage is 2.61 as of Mar. 2026, which is 66% below its 10-year median of 7.79. GuruFocus rates IST:CLEBI with a GF Score™ of 72/100 and a GF Value™ of ₺2,266.69 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 838 Transportation companies, Celebi Hava Servisi AS ranks better than 55.49% 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. Celebi Hava Servisi AS's Operating Income for the three months ended in Mar. 2026 was ₺378 Mil. Celebi Hava Servisi AS's Interest Expense for the three months ended in Mar. 2026 was ₺-145 Mil. Celebi Hava Servisi AS's interest coverage for the quarter that ended in Mar. 2026 was 2.61. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Celebi Hava Servisi AS's Interest Coverage or its related term are showing as below:

IST:CLEBI' s Interest Coverage Range Over the Past 10 Years
Min: 0.69   Med: 7.79   Max: 10.81
Current: 6.88


IST:CLEBI's Interest Coverage is ranked better than
55.49% of 838 companies
in the Transportation industry
Industry Median: 5.72 vs IST:CLEBI: 6.88

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


Celebi Hava Servisi AS  (IST:CLEBI) 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 .


Celebi Hava Servisi AS Interest Coverage Related Terms


Celebi Hava Servisi AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Celebi Hava Servisi 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.

Celebi Hava Servisi AS Interest Coverage Chart

Celebi Hava Servisi AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 7.81 8.69 10.41 8.54

Celebi Hava Servisi 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 6.13 9.38 17.74 2.07 2.61

IST:CLEBI vs JOBY, CAAP: Interest Coverage Comparison

For the Airports & Air Services subindustry, Celebi Hava Servisi 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.


Celebi Hava Servisi AS Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Celebi Hava Servisi AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Celebi Hava Servisi AS's Interest Coverage falls into.


IST:CLEBI
72GF Score
Celebi Hava Servisi AS IST:CLEBI
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Celebi Hava Servisi 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.

Celebi Hava Servisi 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, Celebi Hava Servisi AS's Interest Expense was ₺-486 Mil. Its Operating Income was ₺4,150 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺7,262 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*4149.668/-486.035
=8.54

Celebi Hava Servisi AS's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Celebi Hava Servisi AS's Interest Expense was ₺-145 Mil. Its Operating Income was ₺378 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺6,946 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*377.534/-144.711
=2.61

* 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 2.61 mean?
Celebi Hava Servisi AS (IST:CLEBI) has a Interest Coverage of 2.61 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Celebi Hava Servisi AS and its competitors. This is 66% below median its historical median of 7.79. Over the past decade, Celebi Hava Servisi AS's Interest Coverage has ranged from 0.69 to 10.81. According to the industry distribution chart, Celebi Hava Servisi AS ranks #373 out of 838 companies in the Transportation industry, placing it in the top 44.5%.
Is Celebi Hava Servisi AS's Interest Coverage too high?
Celebi Hava Servisi AS's current Interest Coverage of 2.61 is 66% below median its 10-year median of 7.79. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 10.81. The Transportation industry median Interest Coverage is 5.72. Celebi Hava Servisi AS's value of 2.61 is 54.4% below this industry median. Based on the distribution chart, Celebi Hava Servisi AS ranks #373 out of 838 companies in the Transportation industry, which is above the industry midpoint. Overall, Celebi Hava Servisi AS has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Celebi Hava Servisi AS's Interest Coverage compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Celebi Hava Servisi AS ranks #373 out of 838 companies for Interest Coverage. This puts Celebi Hava Servisi AS in the upper half of its industry. The industry median Interest Coverage is 5.72. Celebi Hava Servisi AS's value of 2.61 is 54.4% below this benchmark. Historically, Celebi Hava Servisi AS's own Interest Coverage has ranged from 0.69 to 10.81 over the past decade. While the company's 10-year median is 7.79 vs. the industry median of 5.72, Celebi Hava Servisi 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 a Transportation company?
The median Interest Coverage among Transportation companies is 5.72, based on 838 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. Celebi Hava Servisi AS's current Interest Coverage of 2.61 is 54.4% 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 Celebi Hava Servisi AS and its competitors. For the Transportation industry, the median Interest Coverage is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Celebi Hava Servisi AS's current Interest Coverage is 2.61, which is 66% below median its own 10-year median of 7.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celebi Hava Servisi AS stock overvalued right now?
Based on GuruFocus' analysis, Celebi Hava Servisi AS (IST:CLEBI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺2,266.69, compared to a current price of ₺1,603.00 — trading 29.3% below its estimated fair value. The current Interest Coverage is 2.61, which is 66% below median its 10-year median of 7.79 and 54.4% below the Transportation industry median of 5.72. Celebi Hava Servisi AS's overall GF Score™ is 72/100 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 Celebi Hava Servisi AS (IST:CLEBI), the current Interest Coverage is 2.61 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 Celebi Hava Servisi AS (IST:CLEBI) Overvalued in 2026?

Based on GuruFocus' analysis, Celebi Hava Servisi AS stock appears to be undervalued. The current stock price of ₺1,603.00 is trading 29.3% below its estimated GF Value™ of ₺2,266.69. GuruFocus considers Celebi Hava Servisi AS to be Modestly Undervalued.

Key valuation signals for IST:CLEBI:

  • Interest Coverage: 2.61 (66% below median its 10-year median of 7.79)
  • GF Value™: ₺2,266.69 vs. price of ₺1,603.00 (29.3% below fair value)
  • GF Score™: 72/100 with 4 warning signs
  • Industry Position: 54.4% below the Transportation median (#373 of 838)

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


Celebi Hava Servisi AS Business Description

Address Tayakadin Mahallesi, Nuri Demirag Caddesi No: 39, Arnavutkoy, Istanbul, TUR, 34768
Celebi Hava Servisi AS is a supplier of ground handling services to the aviation industry. The company's primary operating segment includes Ground Handling Services and Cargo and Warehouse Services. Other services include Bridge operation, Lounge, General Aviation and Platinum. It generates maximum revenue from the Ground Handling Services segment. Geographically, it operates in Turkey, Hungary, India, Spain, Tanzania and Germany.
72GF Score

Get the complete analysis for IST:CLEBI

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

₺1,603.00
Price
₺2,266.69
GF Value