Sasa Polyesternayi AS (IST:SASA) Interest Coverage: 0.28 (As of Mar. 2026) — 93% Below Median


IST:SASA Sasa Polyester Sanayi AS IST:SASA
63 GF Score
Price ₺2.52
GF Value ₺3.08
Valuation Modestly Undervalued
! 12 Warning Signs
View Full Analysis

What is Sasa Polyesternayi AS Interest Coverage?

Sasa Polyesternayi AS IST:SASA +0.40% 63 Interest Coverage is 0.28 as of Mar. 2026, which is 93% below its 10-year median of 3.98. GuruFocus rates IST:SASA with a GF Score™ of 63/100 and a GF Value™ of ₺3.08 (Modestly Undervalued). The stock has 12 warning signs investors should review. Among 742 Manufacturing - Apparel & Accessories companies, Sasa Polyesternayi AS ranks worse than 99.46% 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. Sasa Polyesternayi AS's Operating Income for the three months ended in Mar. 2026 was ₺946 Mil. Sasa Polyesternayi AS's Interest Expense for the three months ended in Mar. 2026 was ₺-3,340 Mil. Sasa Polyesternayi AS's interest coverage for the quarter that ended in Mar. 2026 was 0.28. 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. Sasa Polyester Sanayi 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 Sasa Polyesternayi AS's Interest Coverage or its related term are showing as below:

IST:SASA' s Interest Coverage Range Over the Past 10 Years
Min: 0.01   Med: 3.98   Max: 16.79
Current: 0.06


IST:SASA's Interest Coverage is ranked worse than
99.46% of 742 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.435 vs IST:SASA: 0.06

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


Sasa Polyesternayi AS  (IST:SASA) 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 .


Sasa Polyesternayi AS Interest Coverage Related Terms


Sasa Polyesternayi AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sasa Polyesternayi 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.

Sasa Polyesternayi AS Interest Coverage Chart

Sasa Polyesternayi 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 7.04 3.57 1.06 0.86 0.01

Sasa Polyesternayi 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 0.18 0.02 0.14 0.00 0.28

Sasa Polyesternayi AS Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Sasa Polyesternayi 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.


Sasa Polyesternayi AS Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sasa Polyesternayi AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sasa Polyesternayi AS's Interest Coverage falls into.


IST:SASA
63GF Score
Sasa Polyester Sanayi AS IST:SASA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sasa Polyesternayi 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.

Sasa Polyesternayi 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, Sasa Polyesternayi AS's Interest Expense was ₺-11,026 Mil. Its Operating Income was ₺71 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺97,016 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*71.443/-11026.234
=0.01

Sasa Polyesternayi AS's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Sasa Polyesternayi AS's Interest Expense was ₺-3,340 Mil. Its Operating Income was ₺946 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺113,379 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*946.089/-3340.36
=0.28

* 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 0.28 mean?
Sasa Polyesternayi AS (IST:SASA) has a Interest Coverage of 0.28 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sasa Polyesternayi AS and its competitors. This is 93% below median its historical median of 3.98. Over the past decade, Sasa Polyesternayi AS's Interest Coverage has ranged from 0.01 to 16.79. According to the industry distribution chart, Sasa Polyesternayi AS ranks #738 out of 742 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 99.5%.
Is Sasa Polyesternayi AS's Interest Coverage too high?
Sasa Polyesternayi AS's current Interest Coverage of 0.28 is 93% below median its 10-year median of 3.98. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 16.79. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.44. Sasa Polyesternayi AS's value of 0.28 is 94.8% below this industry median. Based on the distribution chart, Sasa Polyesternayi AS ranks #738 out of 742 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Sasa Polyesternayi AS has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sasa Polyesternayi AS's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sasa Polyesternayi AS ranks #738 out of 742 companies for Interest Coverage. This places Sasa Polyesternayi AS in the lower half of its industry. The industry median Interest Coverage is 5.44. Sasa Polyesternayi AS's value of 0.28 is 94.8% below this benchmark. Historically, Sasa Polyesternayi AS's own Interest Coverage has ranged from 0.01 to 16.79 over the past decade. While the company's 10-year median is 3.98 vs. the industry median of 5.44, Sasa Polyesternayi 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. Sasa Polyesternayi AS's current Interest Coverage of 0.28 is 94.8% 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 Sasa Polyesternayi 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. Sasa Polyesternayi AS's current Interest Coverage is 0.28, which is 93% below median its own 10-year median of 3.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sasa Polyesternayi AS stock overvalued right now?
Based on GuruFocus' analysis, Sasa Polyesternayi AS (IST:SASA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺3.08, compared to a current price of ₺2.52 — trading 18.2% below its estimated fair value. The current Interest Coverage is 0.28, which is 93% below median its 10-year median of 3.98 and 94.8% below the Manufacturing - Apparel & Accessories industry median of 5.44. Sasa Polyesternayi AS's overall GF Score™ is 63/100 with 12 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 Sasa Polyesternayi AS (IST:SASA), the current Interest Coverage is 0.28 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 Sasa Polyesternayi AS (IST:SASA) Overvalued in 2026?

Based on GuruFocus' analysis, Sasa Polyesternayi AS stock appears to be undervalued. The current stock price of ₺2.52 is trading 18.2% below its estimated GF Value™ of ₺3.08. GuruFocus considers Sasa Polyesternayi AS to be Modestly Undervalued.

Key valuation signals for IST:SASA:

  • Interest Coverage: 0.28 (93% below median its 10-year median of 3.98)
  • GF Value™: ₺3.08 vs. price of ₺2.52 (18.2% below fair value)
  • GF Score™: 63/100 with 12 warning signs
  • Industry Position: 94.8% below the Manufacturing - Apparel & Accessories median (#738 of 742)

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


Sasa Polyesternayi AS Business Description

Address Sarihamzali Mahallesi Turhan Cemal Beriker Bulvari No 559, Seyhan, Adana, TUR, 01355
Sasa Polyester Sanayi AS is a company engaged in the production and marketing of polyester fiber, yarns and related products, and polyester chips. The company's product portfolio includes specialty polymers and chemicals which consist of thermoplastic polyester elastomers, dimethyl terephthalate, plasticizers, advanced polymers, polybutylene terephthalate solutions, and polyethylene terephthalate solutions. It also provides fiberfill, nonwoven, and textile fibers; and DO, flat, texturing and POY filament yarns. The group generates revenue through the sale of products.
63GF Score

Get the complete analysis for IST:SASA

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

₺2.52
Price
₺3.08
GF Value