Ghani Glass (KAR:GHGL) Interest Coverage: 355.49 (As of Mar. 2026) — 23% Above Median


KAR:GHGL Ghani Glass Ltd KAR:GHGL
83 GF Score
Price ₨39.68
GF Value ₨32.26
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is Ghani Glass Interest Coverage?

Ghani Glass KAR:GHGL +2.32% 83 Interest Coverage is 355.49 as of Mar. 2026, which is 23% above its 10-year median of 288.89. GuruFocus rates KAR:GHGL with a GF Score™ of 83/100 and a GF Value™ of ₨32.26 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 314 Packaging & Containers companies, Ghani Glass ranks worse than 318471.02% 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. Ghani Glass's Operating Income for the three months ended in Mar. 2026 was ₨2,359 Mil. Ghani Glass's Interest Expense for the three months ended in Mar. 2026 was ₨-7 Mil. Ghani Glass's interest coverage for the quarter that ended in Mar. 2026 was 355.49. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Ghani Glass Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Ghani Glass's Interest Coverage or its related term are showing as below:


KAR:GHGL's Interest Coverage is not ranked *
in the Packaging & Containers industry.
Industry Median: 6.125
* 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.


Ghani Glass  (KAR:GHGL) 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 .


Ghani Glass Interest Coverage Related Terms


Ghani Glass Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ghani Glass'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.

Ghani Glass Interest Coverage Chart

Ghani Glass 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 245.75 590.33 637.43 435.95 457.64

Ghani Glass 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 72.13 0.00 46.32 233.74 355.49

KAR:GHGL vs SW, PKG, IP: Interest Coverage Comparison

For the Packaging & Containers subindustry, Ghani Glass'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.


Ghani Glass Interest Coverage vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ghani Glass's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ghani Glass's Interest Coverage falls into.


KAR:GHGL
83GF Score
Ghani Glass Ltd KAR:GHGL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ghani Glass 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.

Ghani Glass'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, Ghani Glass's Interest Expense was ₨-15 Mil. Its Operating Income was ₨6,723 Mil. And its Long-Term Debt & Capital Lease Obligation was ₨43 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2025 )/Interest Expense (A: Jun. 2025 )
=-1*6723.153/-14.691
=457.64

Ghani Glass's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Ghani Glass's Interest Expense was ₨-7 Mil. Its Operating Income was ₨2,359 Mil. And its Long-Term Debt & Capital Lease Obligation was ₨30 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2358.709/-6.635
=355.49

* 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 355.49 mean?
Ghani Glass (KAR:GHGL) has a Interest Coverage of 355.49 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ghani Glass and its competitors. This is 23% above median its historical median of 288.89. Over the past decade, Ghani Glass' Interest Coverage has ranged from 92.93 to 637.43. According to the industry distribution chart, Ghani Glass ranks #999999 out of 314 companies in the Packaging & Containers industry.
Is Ghani Glass' Interest Coverage too high?
Ghani Glass' current Interest Coverage of 355.49 is 23% above median its 10-year median of 288.89. Over the past 10 years, this metric has ranged from a low of 92.93 to a high of 637.43. The Packaging & Containers industry median Interest Coverage is 6.13. Ghani Glass' value of 355.49 is 5703.9% above this industry median. Based on the distribution chart, Ghani Glass ranks #999999 out of 314 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Ghani Glass has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ghani Glass' Interest Coverage compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Ghani Glass ranks #999999 out of 314 companies for Interest Coverage. This places Ghani Glass in the lower half of its industry. The industry median Interest Coverage is 6.13. Ghani Glass' value of 355.49 is 5703.9% above this benchmark. Historically, Ghani Glass' own Interest Coverage has ranged from 92.93 to 637.43 over the past decade. While the company's 10-year median is 288.89 vs. the industry median of 6.13, Ghani Glass has consistently been above 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 Packaging & Containers company?
The median Interest Coverage among Packaging & Containers companies is 6.13, based on 314 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. Ghani Glass's current Interest Coverage of 355.49 is 5703.9% above 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 Ghani Glass and its competitors. For the Packaging & Containers industry, the median Interest Coverage is 6.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ghani Glass's current Interest Coverage is 355.49, which is 23% above median its own 10-year median of 288.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghani Glass stock overvalued right now?
Based on GuruFocus' analysis, Ghani Glass (KAR:GHGL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₨32.26, compared to a current price of ₨39.68 — trading 23% above its estimated fair value. The current Interest Coverage is 355.49, which is 23% above median its 10-year median of 288.89 and 5703.9% above the Packaging & Containers industry median of 6.13. Ghani Glass' overall GF Score™ is 83/100 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 Ghani Glass (KAR:GHGL), the current Interest Coverage is 355.49 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 Ghani Glass (KAR:GHGL) Overvalued in 2026?

Based on GuruFocus' analysis, Ghani Glass stock appears to be overvalued. The current stock price of ₨39.68 is trading 23% above its estimated GF Value™ of ₨32.26. GuruFocus considers Ghani Glass to be Modestly Overvalued.

Key valuation signals for KAR:GHGL:

  • Interest Coverage: 355.49 (23% above median its 10-year median of 288.89)
  • GF Value™: ₨32.26 vs. price of ₨39.68 (23% above fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 5703.9% above the Packaging & Containers median (#999999 of 314)

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


Ghani Glass Business Description

Address 40-L Model Town Extension, Ghani Complex, Lahore, PB, PAK
Ghani Glass Ltd is involved in manufacturing and selling float and container glass products in Pakistan. The company offers clear, green, brown, reflective, blue, grey, and figured glass products. It also provides amber and clear pharmaceutical glass containers, flint and green beverages glass containers, and clear food glass containers. Geographically, it derives a majority of its revenue from Pakistan.
83GF Score

Get the complete analysis for KAR:GHGL

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

₨39.68
Price
₨32.26
GF Value