Nigbas Nigde Betonnayi ve Ticarte AS (IST:NIBAS) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


IST:NIBAS Nigbas Nigde Beton Sanayi ve Ticarte AS IST:NIBAS
50 GF Score
Price ₺4.26
GF Value ₺4.28
Valuation Fairly Valued
! 4 Warning Signs
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What is Nigbas Nigde Betonnayi ve Ticarte AS Interest Coverage?

Nigbas Nigde Betonnayi ve Ticarte AS IST:NIBAS -4.27% 50 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates IST:NIBAS with a GF Score™ of 50/100 and a GF Value™ of ₺4.28 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,354 Construction companies, Nigbas Nigde Betonnayi ve Ticarte AS ranks worse than 98.89% 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. Nigbas Nigde Betonnayi ve Ticarte AS's Operating Income for the three months ended in Mar. 2026 was ₺-4.1 Mil. Nigbas Nigde Betonnayi ve Ticarte AS's Interest Expense for the three months ended in Mar. 2026 was ₺-2.1 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 Nigbas Nigde Betonnayi ve Ticarte AS's Interest Coverage or its related term are showing as below:

IST:NIBAS' s Interest Coverage Range Over the Past 10 Years
Min: 0.16   Med: 1.67   Max: 24.22
Current: 0.16


IST:NIBAS's Interest Coverage is ranked worse than
98.89% of 1354 companies
in the Construction industry
Industry Median: 7.865 vs IST:NIBAS: 0.16

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Nigbas Nigde Betonnayi ve Ticarte AS  (IST:NIBAS) 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 .


Nigbas Nigde Betonnayi ve Ticarte AS Interest Coverage Related Terms


Nigbas Nigde Betonnayi ve Ticarte AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nigbas Nigde Betonnayi ve Ticarte 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.

Nigbas Nigde Betonnayi ve Ticarte AS Interest Coverage Chart

Nigbas Nigde Betonnayi ve Ticarte AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 24.22 1.67 0.00 0.20

Nigbas Nigde Betonnayi ve Ticarte AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 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 Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 3.13 0.46 0.00

IST:NIBAS vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Nigbas Nigde Betonnayi ve Ticarte 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.


Nigbas Nigde Betonnayi ve Ticarte AS Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Nigbas Nigde Betonnayi ve Ticarte AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Nigbas Nigde Betonnayi ve Ticarte AS's Interest Coverage falls into.


IST:NIBAS
50GF Score
Nigbas Nigde Beton Sanayi ve Ticarte AS IST:NIBAS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nigbas Nigde Betonnayi ve Ticarte 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.

Nigbas Nigde Betonnayi ve Ticarte AS's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Nigbas Nigde Betonnayi ve Ticarte AS's Interest Expense was ₺-6.0 Mil. Its Operating Income was ₺1.2 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺0.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1.18/-6.02
=0.20

Nigbas Nigde Betonnayi ve Ticarte AS's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Nigbas Nigde Betonnayi ve Ticarte AS's Interest Expense was ₺-2.1 Mil. Its Operating Income was ₺-4.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺0.0 Mil.

Nigbas Nigde Betonnayi ve Ticarte 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?
Nigbas Nigde Betonnayi ve Ticarte AS (IST:NIBAS) 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 Nigbas Nigde Betonnayi ve Ticarte AS and its competitors. Over the past decade, Nigbas Nigde Betonnayi ve Ticarte AS's Interest Coverage has ranged from 0.16 to 24.22. According to the industry distribution chart, Nigbas Nigde Betonnayi ve Ticarte AS ranks #1339 out of 1354 companies in the Construction industry, placing it in the top 98.9%.
Is Nigbas Nigde Betonnayi ve Ticarte AS's Interest Coverage too high?
Nigbas Nigde Betonnayi ve Ticarte AS's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 24.22. Based on the distribution chart, Nigbas Nigde Betonnayi ve Ticarte AS ranks #1339 out of 1354 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Nigbas Nigde Betonnayi ve Ticarte AS has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nigbas Nigde Betonnayi ve Ticarte AS's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Nigbas Nigde Betonnayi ve Ticarte AS ranks #1339 out of 1354 companies for Interest Coverage. This places Nigbas Nigde Betonnayi ve Ticarte AS in the lower half of its industry. The industry median Interest Coverage is 7.87. Historically, Nigbas Nigde Betonnayi ve Ticarte AS's own Interest Coverage has ranged from 0.16 to 24.22 over the past decade. 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 Construction company?
The median Interest Coverage among Construction companies is 7.87, based on 1,354 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 Nigbas Nigde Betonnayi ve Ticarte AS and its competitors. For the Construction industry, the median Interest Coverage is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nigbas Nigde Betonnayi ve Ticarte 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 Nigbas Nigde Betonnayi ve Ticarte AS stock overvalued right now?
Based on GuruFocus' analysis, Nigbas Nigde Betonnayi ve Ticarte AS (IST:NIBAS) is currently considered Fairly Valued. The stock's GF Value™ is ₺4.28, compared to a current price of ₺4.26 — trading 0.5% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Nigbas Nigde Betonnayi ve Ticarte AS's overall GF Score™ is 50/100 with 4 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 Nigbas Nigde Betonnayi ve Ticarte AS (IST:NIBAS), 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 Nigbas Nigde Betonnayi ve Ticarte AS (IST:NIBAS) Overvalued in 2026?

Based on GuruFocus' analysis, Nigbas Nigde Betonnayi ve Ticarte AS stock appears to be undervalued. The current stock price of ₺4.26 is trading 0.5% below its estimated GF Value™ of ₺4.28. GuruFocus considers Nigbas Nigde Betonnayi ve Ticarte AS to be Fairly Valued.

Key valuation signals for IST:NIBAS:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ₺4.28 vs. price of ₺4.26 (0.5% below fair value)
  • GF Score™: 50/100 with 4 warning signs

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


Nigbas Nigde Betonnayi ve Ticarte AS Business Description

Address Adana Kara Yolu 2. Km. Pk. 30 51001, Nigde, TUR
Nigbas Nigde Beton Sanayi ve Ticarte AS is an engineering company. It offers products including prestressed beams for bridges, poles, and paving stones.
50GF Score

Get the complete analysis for IST:NIBAS

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

₺4.26
Price
₺4.28
GF Value