Gulermak Agirnayi Insaat Ve Taahhut AS (IST:GLRMK) Interest Coverage: 6.13 (As of Mar. 2026) — 34% Above Median


IST:GLRMK Gulermak Agir Sanayi Insaat Ve Taahhut AS IST:GLRMK
20 GF Score
Price ₺172.00
! 2 Warning Signs
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What is Gulermak Agirnayi Insaat Ve Taahhut AS Interest Coverage?

Gulermak Agirnayi Insaat Ve Taahhut AS IST:GLRMK -3.32% 20 Interest Coverage is 6.13 as of Mar. 2026, which is 34% above its 10-year median of 4.56. GuruFocus rates IST:GLRMK with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 1,354 Construction companies, Gulermak Agirnayi Insaat Ve Taahhut AS ranks worse than 65.14% 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. Gulermak Agirnayi Insaat Ve Taahhut AS's Operating Income for the three months ended in Mar. 2026 was ₺1,026 Mil. Gulermak Agirnayi Insaat Ve Taahhut AS's Interest Expense for the three months ended in Mar. 2026 was ₺-167 Mil. Gulermak Agirnayi Insaat Ve Taahhut AS's interest coverage for the quarter that ended in Mar. 2026 was 6.13. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Gulermak Agirnayi Insaat Ve Taahhut AS's Interest Coverage or its related term are showing as below:

IST:GLRMK' s Interest Coverage Range Over the Past 10 Years
Min: 3.26   Med: 4.56   Max: 11.92
Current: 4.23


IST:GLRMK's Interest Coverage is ranked worse than
65.14% of 1354 companies
in the Construction industry
Industry Median: 7.865 vs IST:GLRMK: 4.23

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


Gulermak Agirnayi Insaat Ve Taahhut AS  (IST:GLRMK) 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 .


Gulermak Agirnayi Insaat Ve Taahhut AS Interest Coverage Related Terms


Gulermak Agirnayi Insaat Ve Taahhut AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Gulermak Agirnayi Insaat Ve Taahhut 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.

Gulermak Agirnayi Insaat Ve Taahhut AS Interest Coverage Chart

Gulermak Agirnayi Insaat Ve Taahhut AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
5.70 3.26 3.82 11.92 4.56

Gulermak Agirnayi Insaat Ve Taahhut AS Quarterly Data
Dec21 Dec22 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 15.73 3.64 6.44 2.61 6.13

IST:GLRMK vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Gulermak Agirnayi Insaat Ve Taahhut 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.


Gulermak Agirnayi Insaat Ve Taahhut AS Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Gulermak Agirnayi Insaat Ve Taahhut AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Gulermak Agirnayi Insaat Ve Taahhut AS's Interest Coverage falls into.


IST:GLRMK
20GF Score
Gulermak Agir Sanayi Insaat Ve Taahhut AS IST:GLRMK
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Gulermak Agirnayi Insaat Ve Taahhut 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.

Gulermak Agirnayi Insaat Ve Taahhut 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, Gulermak Agirnayi Insaat Ve Taahhut AS's Interest Expense was ₺-1,054 Mil. Its Operating Income was ₺4,802 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺9,052 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*4802.037/-1053.958
=4.56

Gulermak Agirnayi Insaat Ve Taahhut AS's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Gulermak Agirnayi Insaat Ve Taahhut AS's Interest Expense was ₺-167 Mil. Its Operating Income was ₺1,026 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺10,303 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1026.172/-167.351
=6.13

* 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 6.13 mean?
Gulermak Agirnayi Insaat Ve Taahhut AS (IST:GLRMK) has a Interest Coverage of 6.13 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Gulermak Agirnayi Insaat Ve Taahhut AS and its competitors. This is 34% above median its historical median of 4.56. Over the past decade, Gulermak Agirnayi Insaat Ve Taahhut AS's Interest Coverage has ranged from 3.26 to 11.92. According to the industry distribution chart, Gulermak Agirnayi Insaat Ve Taahhut AS ranks #882 out of 1354 companies in the Construction industry, placing it in the top 65.1%.
Is Gulermak Agirnayi Insaat Ve Taahhut AS's Interest Coverage too high?
Gulermak Agirnayi Insaat Ve Taahhut AS's current Interest Coverage of 6.13 is 34% above median its 10-year median of 4.56. Over the past 10 years, this metric has ranged from a low of 3.26 to a high of 11.92. The Construction industry median Interest Coverage is 7.87. Gulermak Agirnayi Insaat Ve Taahhut AS's value of 6.13 is 22.1% below this industry median. Based on the distribution chart, Gulermak Agirnayi Insaat Ve Taahhut AS ranks #882 out of 1354 companies in the Construction industry, which is below the industry midpoint. Overall, Gulermak Agirnayi Insaat Ve Taahhut AS has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Gulermak Agirnayi Insaat Ve Taahhut AS's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Gulermak Agirnayi Insaat Ve Taahhut AS ranks #882 out of 1354 companies for Interest Coverage. This places Gulermak Agirnayi Insaat Ve Taahhut AS in the lower half of its industry. The industry median Interest Coverage is 7.87. Gulermak Agirnayi Insaat Ve Taahhut AS's value of 6.13 is 22.1% below this benchmark. Historically, Gulermak Agirnayi Insaat Ve Taahhut AS's own Interest Coverage has ranged from 3.26 to 11.92 over the past decade. While the company's 10-year median is 4.56 vs. the industry median of 7.87, Gulermak Agirnayi Insaat Ve Taahhut 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 Construction company?
The median Interest Coverage among Construction companies is 7.87, based on 1,354 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. Gulermak Agirnayi Insaat Ve Taahhut AS's current Interest Coverage of 6.13 is 22.1% 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 Gulermak Agirnayi Insaat Ve Taahhut AS and its competitors. For the Construction industry, the median Interest Coverage is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulermak Agirnayi Insaat Ve Taahhut AS's current Interest Coverage is 6.13, which is 34% above median its own 10-year median of 4.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulermak Agirnayi Insaat Ve Taahhut AS stock overvalued right now?
Gulermak Agirnayi Insaat Ve Taahhut AS (IST:GLRMK) has a current Interest Coverage of 6.13. The current Interest Coverage is 6.13, which is 34% above median its 10-year median of 4.56 and 22.1% below the Construction industry median of 7.87. Gulermak Agirnayi Insaat Ve Taahhut AS's overall GF Score™ is 20/100 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 Gulermak Agirnayi Insaat Ve Taahhut AS (IST:GLRMK), the current Interest Coverage is 6.13 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.

Gulermak Agirnayi Insaat Ve Taahhut AS Business Description

Address Ankara Street, No: 111 Golbasi, Bahcelievler District, Ankara, TUR
Gulermak Agir Sanayi Insaat Ve Taahhut AS Operating in large-scale and complex infrastructure projects in the construction sector. The Company's main field of activity is to provide turnkey infrastructure and industrial construction projects such as metro, railway, tram, tunnel, road, bridge, dam, cement factory, glass factory, sugar factory and power plants for official and private institutions in Turkey and abroad. The Company continues its activities in different geographies in Poland, Romania, Sweden, Switzerland, Philippines, North Macedonia, U.A.E. and India.
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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