Steelco Gujarat (BOM:500399) Interest Coverage: 0 (At Loss) (As of Mar. 2026)

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BOM:500399 Steelco Gujarat Ltd BOM:500399
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Price ₹152.85
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What is Steelco Gujarat Interest Coverage?

Steelco Gujarat BOM:500399 +4.98% 10 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates BOM:500399 with a GF Score™ of 10/100. The stock has 5 warning signs investors should review. Among 461 Steel companies, Steelco Gujarat ranks worse than 216919.52% 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. Steelco Gujarat's Operating Income for the three months ended in Mar. 2026 was ₹-87.6 Mil. Steelco Gujarat's Interest Expense for the three months ended in Mar. 2026 was ₹-77.4 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 Steelco Gujarat's Interest Coverage or its related term are showing as below:


BOM:500399's Interest Coverage is not ranked *
in the Steel industry.
Industry Median: 4.56
* 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.


Steelco Gujarat  (BOM:500399) 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 .


Steelco Gujarat Interest Coverage Related Terms


Steelco Gujarat Interest Coverage Historical Data

* Premium members only.

The historical data trend for Steelco Gujarat'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.

Steelco Gujarat Interest Coverage Chart

Steelco Gujarat Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A 0.00 0.00 0.00 0.00

Steelco Gujarat Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Mar22 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 0.00 0.00 0.00 0.00 0.00

BOM:500399 vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Steelco Gujarat'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.


Steelco Gujarat Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Steelco Gujarat's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Steelco Gujarat's Interest Coverage falls into.


BOM:500399
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Steelco Gujarat Ltd BOM:500399
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Steelco Gujarat 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.

Steelco Gujarat's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Steelco Gujarat's Interest Expense was ₹-152.5 Mil. Its Operating Income was ₹-226.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹2,268.0 Mil.

Steelco Gujarat did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2026, Steelco Gujarat's Interest Expense was ₹-77.4 Mil. Its Operating Income was ₹-87.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹2,268.0 Mil.

Steelco Gujarat did not have earnings to cover the 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.

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?
Steelco Gujarat (BOM:500399) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Steelco Gujarat and its competitors. According to the industry distribution chart, Steelco Gujarat ranks #999999 out of 461 companies in the Steel industry.
Is Steelco Gujarat's Interest Coverage too high?
Steelco Gujarat's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Steelco Gujarat ranks #999999 out of 461 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Steelco Gujarat has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Steelco Gujarat's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Steelco Gujarat ranks #999999 out of 461 companies for Interest Coverage. This places Steelco Gujarat in the lower half of its industry. The industry median Interest Coverage is 4.56. 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 4.56, based on 461 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 Steelco Gujarat and its competitors. For the Steel industry, the median Interest Coverage is 4.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steelco Gujarat'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 Steelco Gujarat stock overvalued right now?
Steelco Gujarat (BOM:500399) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Steelco Gujarat's overall GF Score™ is 10/100 with 5 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 Steelco Gujarat (BOM:500399), the current Interest Coverage is 0 (At Loss) 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.

Steelco Gujarat Business Description

Address Race Course Circle, 4th Floor, Marble Arch, Vadodara, GJ, IND, 390 007
Steelco Gujarat Ltd is engaged in commercial production of cold rolled steel products with cold rolling of steel, continuous hot dip galvanizing and the Continuous Color Coating. It manufactures and supplies CR steel sheet/coils/strips, CR galvanized plain/corrugated sheet/coil/strips and pre-painted galvanized sheet/coils.
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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