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. Makstil AD's
Operating Income
for the
three
months ended in Mar. 2025 was MKD301 Mil. Makstil AD's Interest Expense for the
three
months ended in Mar. 2025 was MKD-36 Mil.
Makstil AD's interest coverage for the quarter that ended in Mar. 2025 was 8.40.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Makstil AD's Interest Coverage or its related term are showing as below:
XMAE:STIL's Interest Coverage is not ranked *
in the Steel industry.
Industry Median: 4.445 * Ranked among companies with meaningful Interest Coverage only.
Makstil AD (XMAE:STIL) 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 .
Makstil AD Interest Coverage Related Terms
Makstil AD Interest Coverage Historical Data
* Premium members only.
The historical data trend for Makstil AD'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.
XMAE:STIL vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Makstil AD'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.
Makstil AD Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Makstil AD's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Makstil AD's Interest Coverage falls into.
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:
* 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.
Makstil AD (XMAE:STIL) has a Interest Coverage of 8.40 as of Mar. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Makstil AD and its competitors.
Is Makstil AD's Interest Coverage too high?
Makstil AD's current Interest Coverage is 8.40. The Steel industry median Interest Coverage is 4.45. Makstil AD's value of 8.40 is 89% above this industry median. Overall, Makstil AD has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Makstil AD's Interest Coverage compare to NUE and STLD?
Makstil AD's Interest Coverage of 8.40 can be compared against companies in the Steel industry. The industry median Interest Coverage is 4.45. Makstil AD's value of 8.40 is 89% above this benchmark. 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 456 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. Makstil AD's current Interest Coverage of 8.40 is 89% 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 Makstil AD 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. Makstil AD's current Interest Coverage is 8.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makstil AD stock overvalued right now?
Makstil AD (XMAE:STIL) has a current Interest Coverage of 8.40. The current Interest Coverage is 8.40 and 89% above the Steel industry median of 4.45. Makstil AD's overall GF Score™ is 80/100. 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 Makstil AD (XMAE:STIL), the current Interest Coverage is 8.40 as of Mar. 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.
Makstil AD is a producer of hot-rolled heavy plates in the Balkan region. The company produces flat-rolled products such as hot rolled plates, hot rolled coils, cold rolled strips and sheets, galvanized strips and sheets and pre-painted coated strips.
80GF Score
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