Netcad Yazilim ASIST:NETCD -5.58%30 Interest Coverage is 19.61 as of Dec. 2024, which is 295% above its 10-year median of 4.97. GuruFocus rates IST:NETCD with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 1,705 Software companies, Netcad Yazilim AS ranks worse than 54.43% 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. Netcad Yazilim AS's
Operating Income
for the
six
months ended in Dec. 2024 was ₺722 Mil. Netcad Yazilim AS's Interest Expense for the
six
months ended in Dec. 2024 was ₺-37 Mil.
Netcad Yazilim AS's interest coverage for the quarter that ended in Dec. 2024 was 19.61.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Netcad Yazilim AS's Interest Coverage or its related term are showing as below:
IST:NETCD'
s Interest Coverage Range Over the Past 10 Years
Min: 4.89 Med: 4.97 Max: 19.61
Current: 19.61
IST:NETCD's Interest Coverage is ranked worse than 54.43% of 1705
companies
in the Software industry
Industry Median: 24.67
vs IST:NETCD: 19.61
Netcad Yazilim AS (IST:NETCD) 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 .
Netcad Yazilim AS Interest Coverage Related Terms
Netcad Yazilim AS Interest Coverage Historical Data
* Premium members only.
The historical data trend for Netcad Yazilim 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.
Netcad Yazilim AS Interest Coverage Chart
Netcad Yazilim AS Annual Data
Trend
Dec22
Dec23
Dec24
Interest Coverage
4.97
4.89
19.61
Netcad Yazilim AS Semi-Annual Data
Dec22
Dec23
Dec24
Interest Coverage
4.97
4.89
19.61
IST:NETCD vs CRM, SHOP, UBER: Interest Coverage Comparison
For the Software - Application subindustry, Netcad Yazilim 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.
Netcad Yazilim AS Interest Coverage vs Software Industry
For the Software industry and Technology sector, Netcad Yazilim AS's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Netcad Yazilim AS's Interest Coverage falls into.
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.
Netcad Yazilim AS (IST:NETCD) has a Interest Coverage of 19.61 as of Dec. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Netcad Yazilim AS and its competitors. This is 295% above median its historical median of 4.97. Over the past decade, Netcad Yazilim AS's Interest Coverage has ranged from 4.89 to 19.61. According to the industry distribution chart, Netcad Yazilim AS ranks #928 out of 1705 companies in the Software industry, placing it in the top 54.4%.
Is Netcad Yazilim AS's Interest Coverage too high?
Netcad Yazilim AS's current Interest Coverage of 19.61 is 295% above median its 10-year median of 4.97. Over the past 10 years, this metric has ranged from a low of 4.89 to a high of 19.61. The Software industry median Interest Coverage is 24.67. Netcad Yazilim AS's value of 19.61 is 20.5% below this industry median. Based on the distribution chart, Netcad Yazilim AS ranks #928 out of 1705 companies in the Software industry, which is below the industry midpoint. Overall, Netcad Yazilim AS has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Netcad Yazilim AS's Interest Coverage compare to CRM and SHOP?
According to the Software industry distribution chart, Netcad Yazilim AS ranks #928 out of 1705 companies for Interest Coverage. This places Netcad Yazilim AS in the lower half of its industry. The industry median Interest Coverage is 24.67. Netcad Yazilim AS's value of 19.61 is 20.5% below this benchmark. Historically, Netcad Yazilim AS's own Interest Coverage has ranged from 4.89 to 19.61 over the past decade. While the company's 10-year median is 4.97 vs. the industry median of 24.67, Netcad Yazilim 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 Software company?
The median Interest Coverage among Software companies is 24.67, based on 1,705 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. Netcad Yazilim AS's current Interest Coverage of 19.61 is 20.5% 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 Netcad Yazilim AS and its competitors. For the Software industry, the median Interest Coverage is 24.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netcad Yazilim AS's current Interest Coverage is 19.61, which is 295% above median its own 10-year median of 4.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcad Yazilim AS stock overvalued right now?
Netcad Yazilim AS (IST:NETCD) has a current Interest Coverage of 19.61. The current Interest Coverage is 19.61, which is 295% above median its 10-year median of 4.97 and 20.5% below the Software industry median of 24.67. Netcad Yazilim AS's overall GF Score™ is 30/100 with 2 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 Netcad Yazilim AS (IST:NETCD), the current Interest Coverage is 19.61 as of Dec. 2024. 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.
Netcad Yazilim AS a developer of software in this field in Turkey focused on Geographic Information Systems (GIS), CAD, engineering and smart-city solutions. Its solutions involve Smart Cities, Smart Planning, Digital Mapping, Land Management, Smart Mining, Smart Grid Management, and Smart Transportation.
30GF Score
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