SPPCF (Steppe Cement) Interest Coverage: 0 (At Loss) (As of Dec. 2025)


SPPCF Steppe Cement Ltd SPPCF
55 GF Score
Price $0.31
GF Value $0.31
! 6 Warning Signs
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What is Steppe Cement Interest Coverage?

Steppe Cement SPPCF 55 Interest Coverage is 0 (At Loss) as of Dec. 2025. GuruFocus rates SPPCF with a GF Score™ of 55/100 and a GF Value™ of $0.31. The stock has 6 warning signs investors should review. Among 310 Building Materials companies, Steppe Cement ranks better than 69.68% 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. Steppe Cement's Operating Income for the six months ended in Dec. 2025 was $5.7 Mil. Steppe Cement's Interest Expense for the six months ended in Dec. 2025 was $0.2 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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

SPPCF' s Interest Coverage Range Over the Past 10 Years
Min: 0.91   Med: 8.71   Max: 35.85
Current: 15.65


SPPCF's Interest Coverage is ranked better than
69.68% of 310 companies
in the Building Materials industry
Industry Median: 6.68 vs SPPCF: 15.65

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


Steppe Cement  (OTCPK:SPPCF) 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 .


Steppe Cement Interest Coverage Related Terms


Steppe Cement Interest Coverage Historical Data

* Premium members only.

The historical data trend for Steppe Cement'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.

Steppe Cement Interest Coverage Chart

Steppe Cement 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 26.49 35.82 7.01 1.04 15.37

Steppe Cement Semi-Annual Data
Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only 15.39 0.00 6.44 0.02 0.00

SPPCF vs CRH, VMC, MLM: Interest Coverage Comparison

For the Building Materials subindustry, Steppe Cement'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.


Steppe Cement Interest Coverage vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Steppe Cement's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Steppe Cement's Interest Coverage falls into.


SPPCF
55GF Score
Steppe Cement Ltd SPPCF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Steppe Cement 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.

Steppe Cement'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, Steppe Cement's Interest Expense was $-0.4 Mil. Its Operating Income was $5.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.8 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*5.719/-0.372
=15.37

Steppe Cement's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Steppe Cement's Interest Expense was $0.2 Mil. Its Operating Income was $5.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $1.8 Mil.

* 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 (At Loss) mean?
Steppe Cement (SPPCF) has a Interest Coverage of 0 (At Loss) as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Steppe Cement and its competitors. Over the past decade, Steppe Cement's Interest Coverage has ranged from 0.91 to 35.85. According to the industry distribution chart, Steppe Cement ranks #94 out of 310 companies in the Building Materials industry, placing it in the top 30.3%.
Is Steppe Cement's Interest Coverage too high?
Steppe Cement's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 35.85. Based on the distribution chart, Steppe Cement ranks #94 out of 310 companies in the Building Materials industry, which is above the industry midpoint. Overall, Steppe Cement has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Steppe Cement's Interest Coverage compare to CRH and VMC?
According to the Building Materials industry distribution chart, Steppe Cement ranks #94 out of 310 companies for Interest Coverage. This puts Steppe Cement in the upper half of its industry. The industry median Interest Coverage is 6.68. Historically, Steppe Cement's own Interest Coverage has ranged from 0.91 to 35.85 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 Building Materials company?
The median Interest Coverage among Building Materials companies is 6.68, based on 310 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 Steppe Cement and its competitors. For the Building Materials industry, the median Interest Coverage is 6.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steppe Cement's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steppe Cement stock overvalued right now?
Steppe Cement (SPPCF) has a current Interest Coverage of 0 (At Loss). The stock's GF Value™ is $0.31, compared to a current price of $0.31 — trading right at its estimated fair value. The current Interest Coverage is 0 (At Loss). Steppe Cement's overall GF Score™ is 55/100 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 Steppe Cement (SPPCF), the current Interest Coverage is 0 (At Loss) 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 Steppe Cement (SPPCF) Overvalued in 2026?

Based on GuruFocus' analysis, Steppe Cement stock appears to be undervalued. The current stock price of $0.31 is trading 0% below its estimated GF Value™ of $0.31.

Key valuation signals for SPPCF:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: $0.31 vs. price of $0.31 (0% below fair value)
  • GF Score™: 55/100 with 6 warning signs

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


Steppe Cement Business Description

Other Exchanges STCM:UKST9:Germany
Address No. 8, Jalan Perak, West Wing, Suite 10.1, 10th Floor, Rohas Perkasa, Kuala Lumpur, MYS, 50450
Steppe Cement Ltd is an investment holding company based in Malaysia. Its primary business is the production and sale of cement, which is in the Karaganda region, the Republic of Kazakhstan. The company derives revenue from the sale of manufactured goods and the transmission and distribution of electricity.
55GF Score

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

$0.31
Price
$0.31
GF Value