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. Izmir Demir Celiknayi AS's
Operating Income
for the
three
months ended in Mar. 2026 was ₺-638 Mil. Izmir Demir Celiknayi AS's Interest Expense for the
three
months ended in Mar. 2026 was ₺-495 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Izmir Demir Celiknayi AS's Interest Coverage or its related term are showing as below:
IST:IZMDC's Interest Coverage is not ranked *
in the Steel industry.
Industry Median: 4.445 * Ranked among companies with meaningful Interest Coverage only.
Izmir Demir Celiknayi AS (IST:IZMDC) 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 .
Izmir Demir Celiknayi AS Interest Coverage Related Terms
Izmir Demir Celiknayi AS Interest Coverage Historical Data
* 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.
IST:IZMDC vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Izmir Demir Celiknayi 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.
Izmir Demir Celiknayi AS Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Izmir Demir Celiknayi AS's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Izmir Demir Celiknayi AS's Interest Coverage falls into.
Izmir Demir Celiknayi 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:
Izmir Demir Celiknayi AS did not have earnings to cover the interest expense.
* 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.
What does a Interest Coverage of 0 (At Loss) mean?
Izmir Demir Celiknayi AS (IST:IZMDC) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Izmir Demir Celiknayi AS and its competitors. According to the industry distribution chart, Izmir Demir Celiknayi AS ranks #999999 out of 456 companies in the Steel industry.
Is Izmir Demir Celiknayi AS's Interest Coverage too high?
Izmir Demir Celiknayi AS's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Izmir Demir Celiknayi AS ranks #999999 out of 456 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Izmir Demir Celiknayi AS has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Izmir Demir Celiknayi AS's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Izmir Demir Celiknayi AS ranks #999999 out of 456 companies for Interest Coverage. This places Izmir Demir Celiknayi AS in the lower half of its industry. The industry median Interest Coverage is 4.45. 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 4.45, based on 456 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. 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 Izmir Demir Celiknayi AS and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Izmir Demir Celiknayi AS's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Izmir Demir Celiknayi AS stock overvalued right now?
Based on GuruFocus' analysis, Izmir Demir Celiknayi AS (IST:IZMDC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺6.81, compared to a current price of ₺9.30 — trading 36.6% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Izmir Demir Celiknayi AS's overall GF Score™ is 41/100 with 9 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 Izmir Demir Celiknayi AS (IST:IZMDC), the current Interest Coverage is 0 (At Loss) 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 Izmir Demir Celiknayi AS (IST:IZMDC) Overvalued in 2026?
Based on GuruFocus' analysis, Izmir Demir Celiknayi AS stock appears to be overvalued.
The current stock price of ₺9.30 is trading 36.6% above its estimated GF Value™ of ₺6.81.
GuruFocus considers Izmir Demir Celiknayi AS to be Significantly Overvalued.
Key valuation signals for IST:IZMDC:
Interest Coverage: 0 (At Loss)
GF Value™: ₺6.81 vs. price of ₺9.30 (36.6% above fair value)
No single metric tells the full story. See the IST:IZMDC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Izmir Demir Celik Sanayi AS is a steel producer based in Turkey. The company produces steel products which include iron blocks, iron rods, and iron beams for various application and sells it to the Turkish and international markets. The production is carried out at the Foca plant in Aliaga. The firm also engages in making investments in power plant and maritime business, owning three ships totally through its subsidiaries.
41GF Score
Get the complete analysis for IST:IZMDC
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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