Iskenderun Demir ve Celik AS (IST:ISDMR) Interest Coverage: 1.95 (As of Mar. 2026) — 91% Below Median

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IST:ISDMR Iskenderun Demir ve Celik AS IST:ISDMR
86 GF Score
Price ₺56.25
GF Value ₺47.06
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Iskenderun Demir ve Celik AS Interest Coverage?

Iskenderun Demir ve Celik AS IST:ISDMR +4.17% 86 Interest Coverage is 1.95 as of Mar. 2026, which is 91% below its 10-year median of 22.07. GuruFocus rates IST:ISDMR with a GF Score™ of 86/100 and a GF Value™ of ₺47.06 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 457 Steel companies, Iskenderun Demir ve Celik AS ranks worse than 66.96% 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. Iskenderun Demir ve Celik AS's Operating Income for the three months ended in Mar. 2026 was ₺1,574 Mil. Iskenderun Demir ve Celik AS's Interest Expense for the three months ended in Mar. 2026 was ₺-808 Mil. Iskenderun Demir ve Celik AS's interest coverage for the quarter that ended in Mar. 2026 was 1.95. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Iskenderun Demir ve Celik AS's Interest Coverage or its related term are showing as below:

IST:ISDMR' s Interest Coverage Range Over the Past 10 Years
Min: 1.98   Med: 22.07   Max: 87.88
Current: 2.7


IST:ISDMR's Interest Coverage is ranked worse than
66.96% of 457 companies
in the Steel industry
Industry Median: 4.41 vs IST:ISDMR: 2.70

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


Iskenderun Demir ve Celik AS  (IST:ISDMR) 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 .


Iskenderun Demir ve Celik AS Interest Coverage Related Terms


Iskenderun Demir ve Celik AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Iskenderun Demir ve Celik 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.

Iskenderun Demir ve Celik AS Interest Coverage Chart

Iskenderun Demir ve Celik 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 87.88 8.76 1.98 2.08 2.58

Iskenderun Demir ve Celik 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 1.45 2.38 1.92 6.54 1.95

IST:ISDMR vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Iskenderun Demir ve Celik 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.


Iskenderun Demir ve Celik AS Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Iskenderun Demir ve Celik AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Iskenderun Demir ve Celik AS's Interest Coverage falls into.


IST:ISDMR
86GF Score
Iskenderun Demir ve Celik AS IST:ISDMR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Iskenderun Demir ve Celik 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.

Iskenderun Demir ve Celik 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, Iskenderun Demir ve Celik AS's Interest Expense was ₺-2,718 Mil. Its Operating Income was ₺7,021 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺30,600 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*7020.786/-2717.81
=2.58

Iskenderun Demir ve Celik AS's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Iskenderun Demir ve Celik AS's Interest Expense was ₺-808 Mil. Its Operating Income was ₺1,574 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺30,765 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1574.397/-808.45
=1.95

* 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 1.95 mean?
Iskenderun Demir ve Celik AS (IST:ISDMR) has a Interest Coverage of 1.95 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Iskenderun Demir ve Celik AS and its competitors. This is 91% below median its historical median of 22.07. Over the past decade, Iskenderun Demir ve Celik AS's Interest Coverage has ranged from 1.98 to 87.88. According to the industry distribution chart, Iskenderun Demir ve Celik AS ranks #306 out of 457 companies in the Steel industry, placing it in the top 67%.
Is Iskenderun Demir ve Celik AS's Interest Coverage too high?
Iskenderun Demir ve Celik AS's current Interest Coverage of 1.95 is 91% below median its 10-year median of 22.07. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 87.88. The Steel industry median Interest Coverage is 4.41. Iskenderun Demir ve Celik AS's value of 1.95 is 55.8% below this industry median. Based on the distribution chart, Iskenderun Demir ve Celik AS ranks #306 out of 457 companies in the Steel industry, which is below the industry midpoint. Overall, Iskenderun Demir ve Celik AS has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iskenderun Demir ve Celik AS's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Iskenderun Demir ve Celik AS ranks #306 out of 457 companies for Interest Coverage. This places Iskenderun Demir ve Celik AS in the lower half of its industry. The industry median Interest Coverage is 4.41. Iskenderun Demir ve Celik AS's value of 1.95 is 55.8% below this benchmark. Historically, Iskenderun Demir ve Celik AS's own Interest Coverage has ranged from 1.98 to 87.88 over the past decade. While the company's 10-year median is 22.07 vs. the industry median of 4.41, Iskenderun Demir ve Celik 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 Steel company?
The median Interest Coverage among Steel companies is 4.41, based on 457 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. Iskenderun Demir ve Celik AS's current Interest Coverage of 1.95 is 55.8% 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 Iskenderun Demir ve Celik AS and its competitors. For the Steel industry, the median Interest Coverage is 4.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iskenderun Demir ve Celik AS's current Interest Coverage is 1.95, which is 91% below median its own 10-year median of 22.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iskenderun Demir ve Celik AS stock overvalued right now?
Based on GuruFocus' analysis, Iskenderun Demir ve Celik AS (IST:ISDMR) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺47.06, compared to a current price of ₺56.25 — trading 19.5% above its estimated fair value. The current Interest Coverage is 1.95, which is 91% below median its 10-year median of 22.07 and 55.8% below the Steel industry median of 4.41. Iskenderun Demir ve Celik AS's overall GF Score™ is 86/100 with 6 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 Iskenderun Demir ve Celik AS (IST:ISDMR), the current Interest Coverage is 1.95 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 Iskenderun Demir ve Celik AS (IST:ISDMR) Overvalued in 2026?

Based on GuruFocus' analysis, Iskenderun Demir ve Celik AS stock appears to be overvalued. The current stock price of ₺56.25 is trading 19.5% above its estimated GF Value™ of ₺47.06. GuruFocus considers Iskenderun Demir ve Celik AS to be Modestly Overvalued.

Key valuation signals for IST:ISDMR:

  • Interest Coverage: 1.95 (91% below median its 10-year median of 22.07)
  • GF Value™: ₺47.06 vs. price of ₺56.25 (19.5% above fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 55.8% below the Steel median (#306 of 457)

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


Iskenderun Demir ve Celik AS Business Description

Address Karayilan Mahallesi, Payas, Sehit Yuzbasi Ali Oquz Bulvari No:1, Hatay, Iskenderun, TUR, 31319
Iskenderun Demir ve Celik AS is engaged in the production and sale of iron products, flat and long steel products, and their by-products. The company's main products are billet, slab, coil, plate, and wire rod and by-products are coke, benzol, ammonium sulfate, and slag.
86GF Score

Get the complete analysis for IST:ISDMR

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

₺56.25
Price
₺47.06
GF Value