RHI Magnesita NV (LSE:RHIM) Interest Coverage: 2.18 (As of Dec. 2025) — 48% Below Median


LSE:RHIM RHI Magnesita NV LSE:RHIM
77 GF Score
Price £28.55
GF Value £29.35
Valuation Fairly Valued
! 6 Warning Signs
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What is RHI Magnesita NV Interest Coverage?

RHI Magnesita NV LSE:RHIM -0.17% 77 Interest Coverage is 2.18 as of Dec. 2025, which is 48% below its 10-year median of 4.17. GuruFocus rates LSE:RHIM with a GF Score™ of 77/100 and a GF Value™ of £29.35 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,329 Industrial Products companies, RHI Magnesita NV ranks worse than 86.95% 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. RHI Magnesita NV's Operating Income for the six months ended in Dec. 2025 was £116 Mil. RHI Magnesita NV's Interest Expense for the six months ended in Dec. 2025 was £-53 Mil. RHI Magnesita NV's interest coverage for the quarter that ended in Dec. 2025 was 2.18. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for RHI Magnesita NV's Interest Coverage or its related term are showing as below:

LSE:RHIM' s Interest Coverage Range Over the Past 10 Years
Min: 2.38   Med: 4.17   Max: 5.89
Current: 2.38


LSE:RHIM's Interest Coverage is ranked worse than
86.95% of 2329 companies
in the Industrial Products industry
Industry Median: 14.79 vs LSE:RHIM: 2.38

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


RHI Magnesita NV  (LSE:RHIM) 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 .


RHI Magnesita NV Interest Coverage Related Terms


RHI Magnesita NV Interest Coverage Historical Data

* Premium members only.

The historical data trend for RHI Magnesita NV'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.

RHI Magnesita NV Interest Coverage Chart

RHI Magnesita NV 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 5.89 5.49 3.60 3.01 2.38

RHI Magnesita NV Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.06 3.74 2.35 2.67 2.18

LSE:RHIM vs ATI, CRS, MLI: Interest Coverage Comparison

For the Metal Fabrication subindustry, RHI Magnesita NV'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.


RHI Magnesita NV Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, RHI Magnesita NV's Interest Coverage distribution charts can be found below:

* The bar in red indicates where RHI Magnesita NV's Interest Coverage falls into.


LSE:RHIM
77GF Score
RHI Magnesita NV LSE:RHIM
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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RHI Magnesita NV 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.

RHI Magnesita NV'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, RHI Magnesita NV's Interest Expense was £-91 Mil. Its Operating Income was £217 Mil. And its Long-Term Debt & Capital Lease Obligation was £1,230 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*216.927/-90.97
=2.38

RHI Magnesita NV's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, RHI Magnesita NV's Interest Expense was £-53 Mil. Its Operating Income was £116 Mil. And its Long-Term Debt & Capital Lease Obligation was £1,230 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*116.336/-53.357
=2.18

* 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 2.18 mean?
RHI Magnesita NV (LSE:RHIM) has a Interest Coverage of 2.18 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on RHI Magnesita NV and its competitors. This is 48% below median its historical median of 4.17. Over the past decade, RHI Magnesita NV's Interest Coverage has ranged from 2.38 to 5.89. According to the industry distribution chart, RHI Magnesita NV ranks #2025 out of 2329 companies in the Industrial Products industry, placing it in the top 86.9%.
Is RHI Magnesita NV's Interest Coverage too high?
RHI Magnesita NV's current Interest Coverage of 2.18 is 48% below median its 10-year median of 4.17. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 5.89. The Industrial Products industry median Interest Coverage is 14.79. RHI Magnesita NV's value of 2.18 is 85.3% below this industry median. Based on the distribution chart, RHI Magnesita NV ranks #2025 out of 2329 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, RHI Magnesita NV has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does RHI Magnesita NV's Interest Coverage compare to ATI and CRS?
According to the Industrial Products industry distribution chart, RHI Magnesita NV ranks #2025 out of 2329 companies for Interest Coverage. This places RHI Magnesita NV in the lower half of its industry. The industry median Interest Coverage is 14.79. RHI Magnesita NV's value of 2.18 is 85.3% below this benchmark. Historically, RHI Magnesita NV's own Interest Coverage has ranged from 2.38 to 5.89 over the past decade. While the company's 10-year median is 4.17 vs. the industry median of 14.79, RHI Magnesita NV 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.79, based on 2,329 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. RHI Magnesita NV's current Interest Coverage of 2.18 is 85.3% 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 RHI Magnesita NV and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RHI Magnesita NV's current Interest Coverage is 2.18, which is 48% below median its own 10-year median of 4.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RHI Magnesita NV stock overvalued right now?
Based on GuruFocus' analysis, RHI Magnesita NV (LSE:RHIM) is currently considered Fairly Valued. The stock's GF Value™ is £29.35, compared to a current price of £28.55 — trading 2.7% below its estimated fair value. The current Interest Coverage is 2.18, which is 48% below median its 10-year median of 4.17 and 85.3% below the Industrial Products industry median of 14.79. RHI Magnesita NV's overall GF Score™ is 77/100 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 RHI Magnesita NV (LSE:RHIM), the current Interest Coverage is 2.18 as of Dec. 2025. 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 RHI Magnesita NV (LSE:RHIM) Overvalued in 2026?

Based on GuruFocus' analysis, RHI Magnesita NV stock appears to be undervalued. The current stock price of £28.55 is trading 2.7% below its estimated GF Value™ of £29.35. GuruFocus considers RHI Magnesita NV to be Fairly Valued.

Key valuation signals for LSE:RHIM:

  • Interest Coverage: 2.18 (48% below median its 10-year median of 4.17)
  • GF Value™: £29.35 vs. price of £28.55 (2.7% below fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 85.3% below the Industrial Products median (#2025 of 2329)

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


RHI Magnesita NV Business Description

Address Kranichberggasse 6, Vienna, AUT, 1120
RHI Magnesita NV operates in the refractory industry. The core activities of the group comprise the development and production, as well as the sale, installation, and maintenance of refractory products and systems. The company has seven reportable segments: six regional segments-Europe & CIS, North America, Latin America, China & East Asia, India & Middle East, and Turkiye & Africa-and the Minerals segment. The regional segments focus on providing refractory products, related services, and technology solutions to customers in industries such as steel and other industrial sectors within their respective geographic markets, while the Minerals segment is engaged in the sourcing, processing, and supply of raw materials used in refractory production.
77GF Score

Get the complete analysis for LSE:RHIM

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

£28.55
Price
£29.35
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