Aisha Steel Mills (KAR:ASL) Interest Coverage: 1.17 (As of Mar. 2026) — Near Median


KAR:ASL Aisha Steel Mills Ltd KAR:ASL
58 GF Score
Price ₨13.17
GF Value ₨13.11
Valuation Fairly Valued
! 6 Warning Signs
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What is Aisha Steel Mills Interest Coverage?

Aisha Steel Mills KAR:ASL -1.50% 58 Interest Coverage is 1.17 as of Mar. 2026, which is 8% above its 10-year median of 1.08. GuruFocus rates KAR:ASL with a GF Score™ of 58/100 and a GF Value™ of ₨13.11 (Fairly Valued). The stock has 6 warning signs investors should review. Among 458 Steel companies, Aisha Steel Mills ranks worse than 83.19% 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. Aisha Steel Mills's Operating Income for the three months ended in Mar. 2026 was ₨433 Mil. Aisha Steel Mills's Interest Expense for the three months ended in Mar. 2026 was ₨-372 Mil. Aisha Steel Mills's interest coverage for the quarter that ended in Mar. 2026 was 1.17. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Aisha Steel Mills's Interest Coverage or its related term are showing as below:

KAR:ASL' s Interest Coverage Range Over the Past 10 Years
Min: 0.23   Med: 1.08   Max: 6.76
Current: 1.26


KAR:ASL's Interest Coverage is ranked worse than
83.19% of 458 companies
in the Steel industry
Industry Median: 4.445 vs KAR:ASL: 1.26

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


Aisha Steel Mills  (KAR:ASL) 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 .


Aisha Steel Mills Interest Coverage Related Terms


Aisha Steel Mills Interest Coverage Historical Data

* Premium members only.

The historical data trend for Aisha Steel Mills'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.

Aisha Steel Mills Interest Coverage Chart

Aisha Steel Mills Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.76 2.16 0.44 0.70 0.23

Aisha Steel Mills 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 0.90 1.56 1.08 1.28 1.17

KAR:ASL vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Aisha Steel Mills'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.


Aisha Steel Mills Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Aisha Steel Mills's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Aisha Steel Mills's Interest Coverage falls into.


KAR:ASL
58GF Score
Aisha Steel Mills Ltd KAR:ASL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aisha Steel Mills 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.

Aisha Steel Mills's Interest Coverage for the fiscal year that ended in Jun. 2025 is calculated as

Here, for the fiscal year that ended in Jun. 2025, Aisha Steel Mills's Interest Expense was ₨-2,667 Mil. Its Operating Income was ₨625 Mil. And its Long-Term Debt & Capital Lease Obligation was ₨152 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2025 )/Interest Expense (A: Jun. 2025 )
=-1*624.843/-2667.498
=0.23

Aisha Steel Mills's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Aisha Steel Mills's Interest Expense was ₨-372 Mil. Its Operating Income was ₨433 Mil. And its Long-Term Debt & Capital Lease Obligation was ₨153 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*433.25/-371.881
=1.17

* 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 1.17 mean?
Aisha Steel Mills (KAR:ASL) has a Interest Coverage of 1.17 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Aisha Steel Mills and its competitors. This is near median its historical median of 1.08. Over the past decade, Aisha Steel Mills' Interest Coverage has ranged from 0.23 to 6.76. According to the industry distribution chart, Aisha Steel Mills ranks #381 out of 458 companies in the Steel industry, placing it in the top 83.2%.
Is Aisha Steel Mills' Interest Coverage too high?
Aisha Steel Mills' current Interest Coverage of 1.17 is near median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 6.76. The Steel industry median Interest Coverage is 4.45. Aisha Steel Mills' value of 1.17 is 73.7% below this industry median. Based on the distribution chart, Aisha Steel Mills ranks #381 out of 458 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Aisha Steel Mills has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Aisha Steel Mills' Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Aisha Steel Mills ranks #381 out of 458 companies for Interest Coverage. This places Aisha Steel Mills in the lower half of its industry. The industry median Interest Coverage is 4.45. Aisha Steel Mills' value of 1.17 is 73.7% below this benchmark. Historically, Aisha Steel Mills' own Interest Coverage has ranged from 0.23 to 6.76 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 4.45, Aisha Steel Mills 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 458 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. Aisha Steel Mills's current Interest Coverage of 1.17 is 73.7% 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 Aisha Steel Mills 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. Aisha Steel Mills's current Interest Coverage is 1.17, which is near median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aisha Steel Mills stock overvalued right now?
Based on GuruFocus' analysis, Aisha Steel Mills (KAR:ASL) is currently considered Fairly Valued. The stock's GF Value™ is ₨13.11, compared to a current price of ₨13.17 — trading 0.5% above its estimated fair value. The current Interest Coverage is 1.17, which is near median its 10-year median of 1.08 and 73.7% below the Steel industry median of 4.45. Aisha Steel Mills' overall GF Score™ is 58/100 with 6 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 Aisha Steel Mills (KAR:ASL), the current Interest Coverage is 1.17 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 Aisha Steel Mills (KAR:ASL) Overvalued in 2026?

Based on GuruFocus' analysis, Aisha Steel Mills stock appears to be overvalued. The current stock price of ₨13.17 is trading 0.5% above its estimated GF Value™ of ₨13.11. GuruFocus considers Aisha Steel Mills to be Fairly Valued.

Key valuation signals for KAR:ASL:

  • Interest Coverage: 1.17 (near median its 10-year median of 1.08)
  • GF Value™: ₨13.11 vs. price of ₨13.17 (0.5% above fair value)
  • GF Score™: 58/100 with 6 warning signs
  • Industry Position: 73.7% below the Steel median (#381 of 458)

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


Aisha Steel Mills Business Description

Other Exchanges ASLPS.PFD:Pakistan
Address 23 M.T. Khan Road, 1st Floor, Arif Habib Center, Karachi, SD, PAK, 74000
Aisha Steel Mills Ltd is involved in manufacturing and selling cold rolled steel coils and sheets to the industrial, engineering, and manufacturing industries in Pakistan. Its product offerings include hot-dipped galvanized steel coils, cold-rolled steel coils, and others. The company geographically operates in Pakistan, North America, Middle East, Europe and Asia. The majority of revenue is derived from Pakistan.
58GF Score

Get the complete analysis for KAR:ASL

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

₨13.17
Price
₨13.11
GF Value