Gentas Kimyanayi ve Ticaret Pazarlama AS (IST:GENKM) Interest Coverage: 2.29 (As of Dec. 2024) — Near Median


IST:GENKM Gentas Kimya Sanayi ve Ticaret Pazarlama AS IST:GENKM
21 GF Score
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! 3 Warning Signs
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What is Gentas Kimyanayi ve Ticaret Pazarlama AS Interest Coverage?

Gentas Kimyanayi ve Ticaret Pazarlama AS IST:GENKM -2.41% 21 Interest Coverage is 2.29 as of Dec. 2024, which is at its 10-year median of 2.29. GuruFocus rates IST:GENKM with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 1,237 Chemicals companies, Gentas Kimyanayi ve Ticaret Pazarlama AS ranks worse than 83.27% 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. Gentas Kimyanayi ve Ticaret Pazarlama AS's Operating Income for the six months ended in Dec. 2024 was ₺527 Mil. Gentas Kimyanayi ve Ticaret Pazarlama AS's Interest Expense for the six months ended in Dec. 2024 was ₺-230 Mil. Gentas Kimyanayi ve Ticaret Pazarlama AS's interest coverage for the quarter that ended in Dec. 2024 was 2.29. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Gentas Kimyanayi ve Ticaret Pazarlama AS's Interest Coverage or its related term are showing as below:

IST:GENKM' s Interest Coverage Range Over the Past 10 Years
Min: 1.74   Med: 2.29   Max: 2.59
Current: 2.29

IST:GENKM's Interest Coverage is ranked worse than
83.27% of 1237 companies
in the Chemicals industry
Industry Median: 10.26 vs IST:GENKM: 2.29

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

Gentas Kimyanayi ve Ticaret Pazarlama AS  (IST:GENKM) 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 .

Gentas Kimyanayi ve Ticaret Pazarlama AS Interest Coverage Related Terms

Gentas Kimyanayi ve Ticaret Pazarlama AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Gentas Kimyanayi ve Ticaret Pazarlama 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.

Gentas Kimyanayi ve Ticaret Pazarlama AS Interest Coverage Chart

Gentas Kimyanayi ve Ticaret Pazarlama AS Annual Data
Trend Dec22 Dec23 Dec24
Interest Coverage
1.74 2.59 2.29

Gentas Kimyanayi ve Ticaret Pazarlama AS Semi-Annual Data
Dec22 Dec23 Dec24
Interest Coverage 1.74 2.59 2.29

IST:GENKM vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Gentas Kimyanayi ve Ticaret Pazarlama 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.

Gentas Kimyanayi ve Ticaret Pazarlama AS Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Gentas Kimyanayi ve Ticaret Pazarlama AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Gentas Kimyanayi ve Ticaret Pazarlama AS's Interest Coverage falls into.


IST:GENKM
21GF Score
Gentas Kimya Sanayi ve Ticaret Pazarlama AS IST:GENKM
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Gentas Kimyanayi ve Ticaret Pazarlama 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.

Gentas Kimyanayi ve Ticaret Pazarlama 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, Gentas Kimyanayi ve Ticaret Pazarlama AS's Interest Expense was ₺-230 Mil. Its Operating Income was ₺527 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*526.634/-229.53
=2.29

Gentas Kimyanayi ve Ticaret Pazarlama AS's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Gentas Kimyanayi ve Ticaret Pazarlama AS's Interest Expense was ₺-230 Mil. Its Operating Income was ₺527 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*526.634/-229.53
=2.29

* 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 2.29 mean?
Gentas Kimyanayi ve Ticaret Pazarlama AS (IST:GENKM) has a Interest Coverage of 2.29 as of Dec. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Gentas Kimyanayi ve Ticaret Pazarlama AS and its competitors. This is near median its historical median of 2.29. Over the past decade, Gentas Kimyanayi ve Ticaret Pazarlama AS's Interest Coverage has ranged from 1.74 to 2.59. According to the industry distribution chart, Gentas Kimyanayi ve Ticaret Pazarlama AS ranks #1030 out of 1237 companies in the Chemicals industry, placing it in the top 83.3%.
Is Gentas Kimyanayi ve Ticaret Pazarlama AS's Interest Coverage too high?
Gentas Kimyanayi ve Ticaret Pazarlama AS's current Interest Coverage of 2.29 is near median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 1.74 to a high of 2.59. The Chemicals industry median Interest Coverage is 10.26. Gentas Kimyanayi ve Ticaret Pazarlama AS's value of 2.29 is 77.7% below this industry median. Based on the distribution chart, Gentas Kimyanayi ve Ticaret Pazarlama AS ranks #1030 out of 1237 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Gentas Kimyanayi ve Ticaret Pazarlama AS has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Gentas Kimyanayi ve Ticaret Pazarlama AS's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Gentas Kimyanayi ve Ticaret Pazarlama AS ranks #1030 out of 1237 companies for Interest Coverage. This places Gentas Kimyanayi ve Ticaret Pazarlama AS in the lower half of its industry. The industry median Interest Coverage is 10.26. Gentas Kimyanayi ve Ticaret Pazarlama AS's value of 2.29 is 77.7% below this benchmark. Historically, Gentas Kimyanayi ve Ticaret Pazarlama AS's own Interest Coverage has ranged from 1.74 to 2.59 over the past decade. While the company's 10-year median is 2.29 vs. the industry median of 10.26, Gentas Kimyanayi ve Ticaret Pazarlama 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.26, based on 1,237 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. Gentas Kimyanayi ve Ticaret Pazarlama AS's current Interest Coverage of 2.29 is 77.7% 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 Gentas Kimyanayi ve Ticaret Pazarlama AS and its competitors. For the Chemicals industry, the median Interest Coverage is 10.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gentas Kimyanayi ve Ticaret Pazarlama AS's current Interest Coverage is 2.29, which is near median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gentas Kimyanayi ve Ticaret Pazarlama AS stock overvalued right now?
Gentas Kimyanayi ve Ticaret Pazarlama AS (IST:GENKM) has a current Interest Coverage of 2.29. The current Interest Coverage is 2.29, which is near median its 10-year median of 2.29 and 77.7% below the Chemicals industry median of 10.26. Gentas Kimyanayi ve Ticaret Pazarlama AS's overall GF Score™ is 21/100 with 3 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 Gentas Kimyanayi ve Ticaret Pazarlama AS (IST:GENKM), the current Interest Coverage is 2.29 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.

Gentas Kimyanayi ve Ticaret Pazarlama AS Business Description

Address Haldun Aksoy Street, No:4, Gebkim OSB, Demirciler OSB Neighborhood, Kocaeli, Dilovas, TUR
Gentas Kimya Sanayi ve Ticaret Pazarlama AS is engaged in the production of formaldehyde-based resin and acrylic-based surface materials. Its products are Formaldehyde, Phenol Formaldehyde (Phenolic) Resins, Melamine Formaldehyde Resins, Melamine Urea Formaldehyde / Urea Formaldehyde Resins, Raw Materials, and Other Industrial Resins.
21GF Score

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