Goltas Goller Bolgesi Cimentonayi ve Ticaret AS (IST:GOLTS) Interest Coverage: 2.04 (As of Mar. 2026) — 32% Below Median

What is Goltas Goller Bolgesi Cimentonayi ve Ticaret AS Interest Coverage?

Goltas Goller Bolgesi Cimentonayi ve Ticaret AS IST:GOLTS 55 Interest Coverage is 2.04 as of Mar. 2026, which is 32% below its 10-year median of 3.01. GuruFocus rates IST:GOLTS with a GF Score™ of 55/100 and a GF Value™ of ₺371.41 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 307 Building Materials companies, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS ranks worse than 325732.57% 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. Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Operating Income for the three months ended in Mar. 2026 was ₺377 Mil. Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Interest Expense for the three months ended in Mar. 2026 was ₺-185 Mil. Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's interest coverage for the quarter that ended in Mar. 2026 was 2.04. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Interest Coverage or its related term are showing as below:

IST:GOLTS's Interest Coverage is not ranked ^*
in the Building Materials industry.
Industry Median: 6.63
* 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.

Goltas Goller Bolgesi Cimentonayi ve Ticaret AS (IST:GOLTS) 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 .

Goltas Goller Bolgesi Cimentonayi ve Ticaret AS Interest Coverage Related Terms

Goltas Goller Bolgesi Cimentonayi ve Ticaret AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Goltas Goller Bolgesi Cimentonayi ve Ticaret 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.

Goltas Goller Bolgesi Cimentonayi ve Ticaret AS Interest Coverage Chart

Goltas Goller Bolgesi Cimentonayi ve Ticaret AS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Interest Coverage

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1.01

35.08

78.45

28.61

12.68

Goltas Goller Bolgesi Cimentonayi ve Ticaret 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															0.90	0.12	2.28	0.00	2.04

IST:GOLTS vs CRH, VMC, MLM: Interest Coverage Comparison

For the Building Materials subindustry, Goltas Goller Bolgesi Cimentonayi ve Ticaret 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.

Goltas Goller Bolgesi Cimentonayi ve Ticaret AS Interest Coverage vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Interest Coverage falls into.

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55GF Score

Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS IST:GOLTS

Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.

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Goltas Goller Bolgesi Cimentonayi ve Ticaret 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.

Goltas Goller Bolgesi Cimentonayi ve Ticaret 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, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Interest Expense was ₺-37 Mil. Its Operating Income was ₺471 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺419 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2025 )	/	Interest Expense (A: Dec. 2025 )
	=	-1	*	470.709	/	-37.109
	=	12.68

Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Interest Expense was ₺-185 Mil. Its Operating Income was ₺377 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺479 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	377.239	/	-184.747
	=	2.04

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 2.04 mean?

Goltas Goller Bolgesi Cimentonayi ve Ticaret AS (IST:GOLTS) has a Interest Coverage of 2.04 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Goltas Goller Bolgesi Cimentonayi ve Ticaret AS and its competitors. This is 32% below median its historical median of 3.01. Over the past decade, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Interest Coverage has ranged from 1.01 to 78.45. According to the industry distribution chart, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS ranks #999999 out of 307 companies in the Building Materials industry.

Is Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Interest Coverage too high?

Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's current Interest Coverage of 2.04 is 32% below median its 10-year median of 3.01. Over the past 10 years, this metric has ranged from a low of 1.01 to a high of 78.45. The Building Materials industry median Interest Coverage is 6.63. Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's value of 2.04 is 69.2% below this industry median. Based on the distribution chart, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS ranks #999999 out of 307 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS has a GF Score™ of 55/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Interest Coverage compare to CRH and VMC?

According to the Building Materials industry distribution chart, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS ranks #999999 out of 307 companies for Interest Coverage. This places Goltas Goller Bolgesi Cimentonayi ve Ticaret AS in the lower half of its industry. The industry median Interest Coverage is 6.63. Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's value of 2.04 is 69.2% below this benchmark. Historically, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's own Interest Coverage has ranged from 1.01 to 78.45 over the past decade. While the company's 10-year median is 3.01 vs. the industry median of 6.63, Goltas Goller Bolgesi Cimentonayi ve Ticaret 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 Building Materials company?

The median Interest Coverage among Building Materials companies is 6.63, based on 307 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. Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's current Interest Coverage of 2.04 is 69.2% 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 Goltas Goller Bolgesi Cimentonayi ve Ticaret AS and its competitors. For the Building Materials industry, the median Interest Coverage is 6.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's current Interest Coverage is 2.04, which is 32% below median its own 10-year median of 3.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Goltas Goller Bolgesi Cimentonayi ve Ticaret AS stock overvalued right now?

Based on GuruFocus' analysis, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS (IST:GOLTS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺371.41, compared to a current price of ₺321.25 — trading 13.5% below its estimated fair value. The current Interest Coverage is 2.04, which is 32% below median its 10-year median of 3.01 and 69.2% below the Building Materials industry median of 6.63. Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's overall GF Score™ is 55/100 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 Goltas Goller Bolgesi Cimentonayi ve Ticaret AS (IST:GOLTS), the current Interest Coverage is 2.04 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 Goltas Goller Bolgesi Cimentonayi ve Ticaret AS (IST:GOLTS) Overvalued in 2026?

Based on GuruFocus' analysis, Goltas Goller Bolgesi Cimentonayi ve Ticaret AS stock appears to be undervalued. The current stock price of ₺321.25 is trading 13.5% below its estimated GF Value™ of ₺371.41. GuruFocus considers Goltas Goller Bolgesi Cimentonayi ve Ticaret AS to be Modestly Undervalued.

Key valuation signals for IST:GOLTS:

Interest Coverage: 2.04 (32% below median its 10-year median of 3.01)
GF Value™: ₺371.41 vs. price of ₺321.25 (13.5% below fair value)
GF Score™: 55/100 with 5 warning signs
Industry Position: 69.2% below the Building Materials median (#999999 of 307)

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

Goltas Goller Bolgesi Cimentonayi ve Ticaret AS Business Description

Industry Basic Materials Building Materials

Comparable Companies IST:FRMPL IST:CGCAM IST:BOBET IST:AFYON IST:SERNT IST:MEKAG IST:BUCIM IST:MARBL IST:VSNMD IST:CMBTN CRH XSWX:HOLN XTER:HEI VMC BOM:532538 MLM XSWX:AMRZ SHSE:600176 NSE:GRASIM MEX:CEMEXCPO

Address Eski Buyukdere Caddesi, Bulent Tarcan Sokak No.1, Gayrettepe, Istanbul, TUR, 34357

Website http://www.goltas.com.tr

Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS is involved in manufacturing construction and building materials. It produces Clinker and Cements and Raw materials and Semi-products like Trass, Gypsum, Limestone, Marn and Bauxite.

55GF Score

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

₺321.25

Price

₺371.41

GF Value

View IST:GOLTS Analysis

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