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. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's
Operating Income
for the
three
months ended in Mar. 2026 was ₺1,111 Mil. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Interest Expense for the
three
months ended in Mar. 2026 was ₺-738 Mil.
Kardemir Karabuk Demir Celiknayi ve Ticaret AS's interest coverage for the quarter that ended in Mar. 2026 was 1.50.
The higher the ratio, the stronger the company's financial strength is.
Kardemir Karabuk Demir Celiknayi ve Ticaret AS (IST:KRDMD) 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 .
Kardemir Karabuk Demir Celiknayi ve Ticaret AS Interest Coverage Related Terms
Kardemir Karabuk Demir Celiknayi ve Ticaret 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.
Kardemir Karabuk Demir Celiknayi ve Ticaret AS Interest Coverage Chart
Kardemir Karabuk Demir Celiknayi ve Ticaret AS Annual Data
* 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.
Kardemir Karabuk Demir Celiknayi ve Ticaret AS Interest Coverage vs Steel Industry
Kardemir Karabuk Demir Celiknayi 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:
* 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.
Kardemir Karabuk Demir Celiknayi ve Ticaret AS (IST:KRDMD) has a Interest Coverage of 1.50 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kardemir Karabuk Demir Celiknayi ve Ticaret AS and its competitors. This is 27% above median its historical median of 1.18. Over the past decade, Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Interest Coverage has ranged from 0.41 to 7.12. According to the industry distribution chart, Kardemir Karabuk Demir Celiknayi ve Ticaret AS ranks #382 out of 456 companies in the Steel industry, placing it in the top 83.8%.
Is Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Interest Coverage too high?
Kardemir Karabuk Demir Celiknayi ve Ticaret AS's current Interest Coverage of 1.50 is 27% above median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 7.12. The Steel industry median Interest Coverage is 4.45. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's value of 1.50 is 66.3% below this industry median. Based on the distribution chart, Kardemir Karabuk Demir Celiknayi ve Ticaret AS ranks #382 out of 456 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Kardemir Karabuk Demir Celiknayi ve Ticaret AS has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Kardemir Karabuk Demir Celiknayi ve Ticaret AS ranks #382 out of 456 companies for Interest Coverage. This places Kardemir Karabuk Demir Celiknayi ve Ticaret AS in the lower half of its industry. The industry median Interest Coverage is 4.45. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's value of 1.50 is 66.3% below this benchmark. Historically, Kardemir Karabuk Demir Celiknayi ve Ticaret AS's own Interest Coverage has ranged from 0.41 to 7.12 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 4.45, Kardemir Karabuk Demir Celiknayi 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 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. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's current Interest Coverage of 1.50 is 66.3% 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 Kardemir Karabuk Demir Celiknayi ve Ticaret 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. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's current Interest Coverage is 1.50, which is 27% above median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kardemir Karabuk Demir Celiknayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Kardemir Karabuk Demir Celiknayi ve Ticaret AS (IST:KRDMD) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺25.69, compared to a current price of ₺38.74 — trading 50.8% above its estimated fair value. The current Interest Coverage is 1.50, which is 27% above median its 10-year median of 1.18 and 66.3% below the Steel industry median of 4.45. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's overall GF Score™ is 84/100 with 8 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 Kardemir Karabuk Demir Celiknayi ve Ticaret AS (IST:KRDMD), the current Interest Coverage is 1.50 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 Kardemir Karabuk Demir Celiknayi ve Ticaret AS (IST:KRDMD) Overvalued in 2026?
Based on GuruFocus' analysis, Kardemir Karabuk Demir Celiknayi ve Ticaret AS stock appears to be overvalued.
The current stock price of ₺38.74 is trading 50.8% above its estimated GF Value™ of ₺25.69.
GuruFocus considers Kardemir Karabuk Demir Celiknayi ve Ticaret AS to be Significantly Overvalued.
Key valuation signals for IST:KRDMD:
Interest Coverage: 1.50 (27% above median its 10-year median of 1.18)
GF Value™: ₺25.69 vs. price of ₺38.74 (50.8% above fair value)
Industry Position: 66.3% below the Steel median (#382 of 456)
No single metric tells the full story. See the IST:KRDMD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kardemir Karabuk Demir Celiknayi ve Ticaret AS Business Description
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS is a Turkey-based company that is primarily engaged in manufacturing and selling of raw iron and steel products, coke, and coke byproducts. Its steel products include pig, blooms, billets, ribbed construction steel, profiles, mine poles, and all types of rails. Billet products and round products account for the majority of the company's steel product volume. The company's products are used in the construction, mining, transport, and industry sectors. Most of the company's revenue is generated from the Turkish domestic market.
84GF Score
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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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