Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


IST:MEKAG Meka Global Makine Imalat Sanayi ve Ticaret AS IST:MEKAG
53 GF Score
Price ₺3.57
GF Value ₺4.58
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Meka Global Makine Imalatnayi ve Ticaret AS Interest Coverage?

Meka Global Makine Imalatnayi ve Ticaret AS IST:MEKAG +1.13% 53 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates IST:MEKAG with a GF Score™ of 53/100 and a GF Value™ of ₺4.58 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 307 Building Materials companies, Meka Global Makine Imalatnayi 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. Meka Global Makine Imalatnayi ve Ticaret AS's Operating Income for the three months ended in Mar. 2026 was ₺-29 Mil. Meka Global Makine Imalatnayi ve Ticaret AS's Interest Expense for the three months ended in Mar. 2026 was ₺-4 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 Meka Global Makine Imalatnayi ve Ticaret AS's Interest Coverage or its related term are showing as below:


IST:MEKAG'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.

Meka Global Makine Imalatnayi ve Ticaret AS  (IST:MEKAG) 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 .

Meka Global Makine Imalatnayi ve Ticaret AS Interest Coverage Related Terms

Meka Global Makine Imalatnayi ve Ticaret AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Meka Global Makine Imalatnayi 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.

Meka Global Makine Imalatnayi ve Ticaret AS Interest Coverage Chart

Meka Global Makine Imalatnayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
10.90 19.88 20.27 7.81 0.00

Meka Global Makine Imalatnayi ve Ticaret AS Quarterly Data
Dec20 Dec21 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 7.93 0.00 0.00 0.00 0.00

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

For the Building Materials subindustry, Meka Global Makine Imalatnayi 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.

Meka Global Makine Imalatnayi ve Ticaret AS Interest Coverage vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Meka Global Makine Imalatnayi ve Ticaret AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Meka Global Makine Imalatnayi ve Ticaret AS's Interest Coverage falls into.


IST:MEKAG
53GF Score
Meka Global Makine Imalat Sanayi ve Ticaret AS IST:MEKAG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Meka Global Makine Imalatnayi 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.

Meka Global Makine Imalatnayi ve Ticaret AS's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Meka Global Makine Imalatnayi ve Ticaret AS's Interest Expense was ₺-90 Mil. Its Operating Income was ₺-3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺8 Mil.

Meka Global Makine Imalatnayi ve Ticaret AS did not have earnings to cover the interest expense.

Meka Global Makine Imalatnayi 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, Meka Global Makine Imalatnayi ve Ticaret AS's Interest Expense was ₺-4 Mil. Its Operating Income was ₺-29 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺3 Mil.

Meka Global Makine Imalatnayi ve Ticaret 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.

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 0 (At Loss) mean?
Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) 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 Meka Global Makine Imalatnayi ve Ticaret AS and its competitors. According to the industry distribution chart, Meka Global Makine Imalatnayi ve Ticaret AS ranks #999999 out of 307 companies in the Building Materials industry.
Is Meka Global Makine Imalatnayi ve Ticaret AS's Interest Coverage too high?
Meka Global Makine Imalatnayi ve Ticaret AS's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Meka Global Makine Imalatnayi ve Ticaret AS ranks #999999 out of 307 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Meka Global Makine Imalatnayi ve Ticaret AS has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Meka Global Makine Imalatnayi ve Ticaret AS's Interest Coverage compare to CRH and VMC?
According to the Building Materials industry distribution chart, Meka Global Makine Imalatnayi ve Ticaret AS ranks #999999 out of 307 companies for Interest Coverage. This places Meka Global Makine Imalatnayi ve Ticaret AS in the lower half of its industry. The industry median Interest Coverage is 6.63. 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. 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 Meka Global Makine Imalatnayi 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. Meka Global Makine Imalatnayi ve Ticaret 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 Meka Global Makine Imalatnayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺4.58, compared to a current price of ₺3.57 — trading 22.1% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Meka Global Makine Imalatnayi ve Ticaret AS's overall GF Score™ is 53/100 with 1 warning sign 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 Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG), 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 Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) Overvalued in 2026?

Based on GuruFocus' analysis, Meka Global Makine Imalatnayi ve Ticaret AS stock appears to be undervalued. The current stock price of ₺3.57 is trading 22.1% below its estimated GF Value™ of ₺4.58. GuruFocus considers Meka Global Makine Imalatnayi ve Ticaret AS to be Modestly Undervalued.

Key valuation signals for IST:MEKAG:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ₺4.58 vs. price of ₺3.57 (22.1% below fair value)
  • GF Score™: 53/100 with 1 warning sign

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

Meka Global Makine Imalatnayi ve Ticaret AS Business Description

Address Ismet Inonu Blv No. 12, Malikoy Baskent Osb, Ankara, TUR, 06909
Meka Global Makine Imalat Sanayi ve Ticaret AS is a company engaged in the Production of Concrete Plants and Equipment for Ready-Mixed Concrete Production, Construction and Precast Industries. It has ability and experience to design and produce plants and equipment for every capacity and production type in the production of concrete plants and equipment. MEKA produces crushing, screening and washing equipment for aggregate production, mining and recycling industries.
53GF Score

Get the complete analysis for IST:MEKAG

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

₺3.57
Price
₺4.58
GF Value