Pakistan Stock Exchange (KAR:PSX) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median


KAR:PSX Pakistan Stock Exchange Ltd KAR:PSX
70 GF Score
Price ₨49.72
GF Value ₨28.03
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Pakistan Stock Exchange Interest Coverage?

Pakistan Stock Exchange KAR:PSX 70 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates KAR:PSX with a GF Score™ of 70/100 and a GF Value™ of ₨28.03 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 430 Capital Markets companies, Pakistan Stock Exchange ranks better than 99.3% 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. Pakistan Stock Exchange's Operating Income for the three months ended in Mar. 2026 was ₨152 Mil. Pakistan Stock Exchange's Interest Expense for the three months ended in Mar. 2026 was ₨0 Mil. Pakistan Stock Exchange has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Pakistan Stock Exchange Ltd has no debt.

(1) 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.

The historical rank and industry rank for Pakistan Stock Exchange's Interest Coverage or its related term are showing as below:

KAR:PSX' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


KAR:PSX's Interest Coverage is ranked better than
99.3% of 430 companies
in the Capital Markets industry
Industry Median: 19.375 vs KAR:PSX: No Debt

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


Pakistan Stock Exchange  (KAR:PSX) 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 .


Pakistan Stock Exchange Interest Coverage Related Terms


Pakistan Stock Exchange Interest Coverage Historical Data

* Premium members only.

The historical data trend for Pakistan Stock Exchange'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.

Pakistan Stock Exchange Interest Coverage Chart

Pakistan Stock Exchange 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 No Debt No Debt No Debt No Debt No Debt

Pakistan Stock Exchange 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 No Debt No Debt No Debt No Debt No Debt

KAR:PSX vs SPGI, CME, MCO: Interest Coverage Comparison

For the Financial Data & Stock Exchanges subindustry, Pakistan Stock Exchange'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.


Pakistan Stock Exchange Interest Coverage vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Pakistan Stock Exchange's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Pakistan Stock Exchange's Interest Coverage falls into.


KAR:PSX
70GF Score
Pakistan Stock Exchange Ltd KAR:PSX
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pakistan Stock Exchange 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.

Pakistan Stock Exchange'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, Pakistan Stock Exchange's Interest Expense was ₨0 Mil. Its Operating Income was ₨125 Mil. And its Long-Term Debt & Capital Lease Obligation was ₨0 Mil.

Pakistan Stock Exchange had no debt (1).

Pakistan Stock Exchange's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Pakistan Stock Exchange's Interest Expense was ₨0 Mil. Its Operating Income was ₨152 Mil. And its Long-Term Debt & Capital Lease Obligation was ₨0 Mil.

Pakistan Stock Exchange had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Pakistan Stock Exchange (KAR:PSX) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Pakistan Stock Exchange and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Pakistan Stock Exchange's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Pakistan Stock Exchange ranks #3 out of 430 companies in the Capital Markets industry, placing it in the top 0.7%.
Is Pakistan Stock Exchange's Interest Coverage too high?
Pakistan Stock Exchange's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, Pakistan Stock Exchange ranks #3 out of 430 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Pakistan Stock Exchange has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pakistan Stock Exchange's Interest Coverage compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Pakistan Stock Exchange ranks #3 out of 430 companies for Interest Coverage. This places Pakistan Stock Exchange in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 19.38. Historically, Pakistan Stock Exchange's own Interest Coverage has ranged from 10,000.00 to 10,000.00 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 Capital Markets company?
The median Interest Coverage among Capital Markets companies is 19.38, based on 430 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 Pakistan Stock Exchange and its competitors. For the Capital Markets industry, the median Interest Coverage is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pakistan Stock Exchange's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pakistan Stock Exchange stock overvalued right now?
Based on GuruFocus' analysis, Pakistan Stock Exchange (KAR:PSX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨28.03, compared to a current price of ₨49.72 — trading 77.4% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Pakistan Stock Exchange's overall GF Score™ is 70/100 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 Pakistan Stock Exchange (KAR:PSX), the current Interest Coverage is No Debt (1) 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 Pakistan Stock Exchange (KAR:PSX) Overvalued in 2026?

Based on GuruFocus' analysis, Pakistan Stock Exchange stock appears to be overvalued. The current stock price of ₨49.72 is trading 77.4% above its estimated GF Value™ of ₨28.03. GuruFocus considers Pakistan Stock Exchange to be Significantly Overvalued.

Key valuation signals for KAR:PSX:

  • Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
  • GF Value™: ₨28.03 vs. price of ₨49.72 (77.4% above fair value)
  • GF Score™: 70/100 with 4 warning signs

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


Pakistan Stock Exchange Business Description

Address Stock Exchange Road, Stock Exchange Building, Karachi, SD, PAK, 74000
Pakistan Stock Exchange Ltd is engaged in conducting, regulating and controlling the trade or business of purchasing, selling and trading in debentures stock, government papers, shares, scrips, stocks, bonds, loans, and any other instruments and securities. The products of the company involve Equity Segments, known as Ready Market (T+2), Bills & Bonds (for trading in government debt securities & corporate debt), Futures Counter, Deliverable Futures Contracts, Stock Index Futures, Negotiated Deal Market, REIT, Exchange Traded Funds and GEM Board.
70GF Score

Get the complete analysis for KAR:PSX

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

₨49.72
Price
₨28.03
GF Value