Kordsa Teknik Tekstil ASIST:KORDS -5.48%73 Interest Coverage is 0.40 as of Mar. 2026, which is 91% below its 10-year median of 4.37. GuruFocus rates IST:KORDS with a GF Score™ of 73/100 and a GF Value™ of ₺88.35 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 742 Manufacturing - Apparel & Accessories companies, Kordsa Teknik Tekstil AS ranks worse than 99.6% 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. Kordsa Teknik Tekstil AS's
Operating Income
for the
three
months ended in Mar. 2026 was ₺248 Mil. Kordsa Teknik Tekstil AS's Interest Expense for the
three
months ended in Mar. 2026 was ₺-615 Mil.
Kordsa Teknik Tekstil AS's interest coverage for the quarter that ended in Mar. 2026 was 0.40.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Kordsa Teknik Tekstil ASs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
The historical rank and industry rank for Kordsa Teknik Tekstil AS's Interest Coverage or its related term are showing as below:
IST:KORDS'
s Interest Coverage Range Over the Past 10 Years
Min: 0.04 Med: 4.37 Max: 11.9
Current: 0.04
IST:KORDS's Interest Coverage is ranked worse than 99.6% of 742
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.435
vs IST:KORDS: 0.04
Kordsa Teknik Tekstil AS (IST:KORDS) 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 .
Kordsa Teknik Tekstil AS Interest Coverage Related Terms
Kordsa Teknik Tekstil 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.
Kordsa Teknik Tekstil AS Interest Coverage Competitor Comparison
For the Textile Manufacturing subindustry, Kordsa Teknik Tekstil 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.
Kordsa Teknik Tekstil AS Interest Coverage vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kordsa Teknik Tekstil AS's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Kordsa Teknik Tekstil AS's Interest Coverage falls into.
Kordsa Teknik Tekstil 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:
* 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.
Kordsa Teknik Tekstil AS (IST:KORDS) has a Interest Coverage of 0.40 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kordsa Teknik Tekstil AS and its competitors. This is 91% below median its historical median of 4.37. Over the past decade, Kordsa Teknik Tekstil AS's Interest Coverage has ranged from 0.04 to 11.90. According to the industry distribution chart, Kordsa Teknik Tekstil AS ranks #739 out of 742 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 99.6%.
Is Kordsa Teknik Tekstil AS's Interest Coverage too high?
Kordsa Teknik Tekstil AS's current Interest Coverage of 0.40 is 91% below median its 10-year median of 4.37. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 11.90. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.44. Kordsa Teknik Tekstil AS's value of 0.40 is 92.6% below this industry median. Based on the distribution chart, Kordsa Teknik Tekstil AS ranks #739 out of 742 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Kordsa Teknik Tekstil AS has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kordsa Teknik Tekstil AS's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kordsa Teknik Tekstil AS ranks #739 out of 742 companies for Interest Coverage. This places Kordsa Teknik Tekstil AS in the lower half of its industry. The industry median Interest Coverage is 5.44. Kordsa Teknik Tekstil AS's value of 0.40 is 92.6% below this benchmark. Historically, Kordsa Teknik Tekstil AS's own Interest Coverage has ranged from 0.04 to 11.90 over the past decade. While the company's 10-year median is 4.37 vs. the industry median of 5.44, Kordsa Teknik Tekstil 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.44, based on 742 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. Kordsa Teknik Tekstil AS's current Interest Coverage of 0.40 is 92.6% 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 Kordsa Teknik Tekstil AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kordsa Teknik Tekstil AS's current Interest Coverage is 0.40, which is 91% below median its own 10-year median of 4.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kordsa Teknik Tekstil AS stock overvalued right now?
Based on GuruFocus' analysis, Kordsa Teknik Tekstil AS (IST:KORDS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺88.35, compared to a current price of ₺69.00 — trading 21.9% below its estimated fair value. The current Interest Coverage is 0.40, which is 91% below median its 10-year median of 4.37 and 92.6% below the Manufacturing - Apparel & Accessories industry median of 5.44. Kordsa Teknik Tekstil AS's overall GF Score™ is 73/100 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 Kordsa Teknik Tekstil AS (IST:KORDS), the current Interest Coverage is 0.40 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 Kordsa Teknik Tekstil AS (IST:KORDS) Overvalued in 2026?
Based on GuruFocus' analysis, Kordsa Teknik Tekstil AS stock appears to be undervalued.
The current stock price of ₺69.00 is trading 21.9% below its estimated GF Value™ of ₺88.35.
GuruFocus considers Kordsa Teknik Tekstil AS to be Modestly Undervalued.
Key valuation signals for IST:KORDS:
Interest Coverage: 0.40 (91% below median its 10-year median of 4.37)
GF Value™: ₺88.35 vs. price of ₺69.00 (21.9% below fair value)
Industry Position: 92.6% below the Manufacturing - Apparel & Accessories median (#739 of 742)
No single metric tells the full story. See the IST:KORDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kordsa Teknik Tekstil AS is mainly engaged in the production of carcass and industrial fabrics used in vehicle tires; manufacture of industrial fabrics used in rubber and plastic materials such as transmission belts, V belts and rubber hoses; production of heavy denier fibre and connection fabrics; conversion of yarn into cord fabric, fabric for mechanical rubber goods and other rubber reinforcement materials and the marketing thereof; and production of Nylon 6, Nylon 6.6, PET (Polyethyleneterephthalate) HMLS polyester, and rayon heavy decitex yarn for use in tires and mechanical rubber goods. The Company operates in Europe, the Middle East and Africa, North America, South America and Asia.
73GF Score
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