Premier Synthetics (BOM:509835) Interest Coverage: 39.38 (As of Mar. 2026) — 339% Above Median

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BOM:509835 Premier Synthetics Ltd BOM:509835
51 GF Score
Price ₹16.47
GF Value ₹66.56
Valuation Possible Value Trap
! 3 Warning Signs
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What is Premier Synthetics Interest Coverage?

Premier Synthetics BOM:509835 +3.85% 51 Interest Coverage is 39.38 as of Mar. 2026, which is 339% above its 10-year median of 8.98. GuruFocus rates BOM:509835 with a GF Score™ of 51/100 and a GF Value™ of ₹66.56 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 736 Manufacturing - Apparel & Accessories companies, Premier Synthetics ranks worse than 135869.43% 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. Premier Synthetics's Operating Income for the three months ended in Mar. 2026 was ₹1.6 Mil. Premier Synthetics's Interest Expense for the three months ended in Mar. 2026 was ₹-0.0 Mil. Premier Synthetics's interest coverage for the quarter that ended in Mar. 2026 was 39.38. The higher the ratio, the stronger the company's financial strength is.

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


BOM:509835's Interest Coverage is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.26
* 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.


Premier Synthetics  (BOM:509835) 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 .


Premier Synthetics Interest Coverage Related Terms


Premier Synthetics Interest Coverage Historical Data

* Premium members only.

The historical data trend for Premier Synthetics'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.

Premier Synthetics Interest Coverage Chart

Premier Synthetics Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.36 0.10 6.60 0.00 0.00

Premier Synthetics 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 6.69 0.00 0.00 0.00 39.38

Premier Synthetics Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Premier Synthetics'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.


Premier Synthetics Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Premier Synthetics's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Premier Synthetics's Interest Coverage falls into.


BOM:509835
51GF Score
Premier Synthetics Ltd BOM:509835
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Premier Synthetics 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.

Premier Synthetics'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, Premier Synthetics's Interest Expense was ₹-2.6 Mil. Its Operating Income was ₹-24.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹43.8 Mil.

Premier Synthetics did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2026, Premier Synthetics's Interest Expense was ₹-0.0 Mil. Its Operating Income was ₹1.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹43.8 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1.575/-0.04
=39.38

* 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 39.38 mean?
Premier Synthetics (BOM:509835) has a Interest Coverage of 39.38 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Premier Synthetics and its competitors. This is 339% above median its historical median of 8.98. According to the industry distribution chart, Premier Synthetics ranks #999999 out of 736 companies in the Manufacturing - Apparel & Accessories industry.
Is Premier Synthetics' Interest Coverage too high?
Premier Synthetics' current Interest Coverage of 39.38 is 339% above median its 10-year median of 8.98. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.26. Premier Synthetics' value of 39.38 is 648.7% above this industry median. Based on the distribution chart, Premier Synthetics ranks #999999 out of 736 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Premier Synthetics has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Premier Synthetics' Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Premier Synthetics ranks #999999 out of 736 companies for Interest Coverage. This places Premier Synthetics in the lower half of its industry. The industry median Interest Coverage is 5.26. Premier Synthetics' value of 39.38 is 648.7% above this benchmark. While the company's 10-year median is 8.98 vs. the industry median of 5.26, Premier Synthetics has consistently been above 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 a Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.26, based on 736 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. Premier Synthetics's current Interest Coverage of 39.38 is 648.7% 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 Premier Synthetics and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Premier Synthetics's current Interest Coverage is 39.38, which is 339% above median its own 10-year median of 8.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Premier Synthetics stock overvalued right now?
Based on GuruFocus' analysis, Premier Synthetics (BOM:509835) is currently considered Possible Value Trap. The stock's GF Value™ is ₹66.56, compared to a current price of ₹16.47 — trading 75.3% below its estimated fair value. The current Interest Coverage is 39.38, which is 339% above median its 10-year median of 8.98 and 648.7% above the Manufacturing - Apparel & Accessories industry median of 5.26. Premier Synthetics' overall GF Score™ is 51/100 with 3 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 Premier Synthetics (BOM:509835), the current Interest Coverage is 39.38 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 Premier Synthetics (BOM:509835) Overvalued in 2026?

Based on GuruFocus' analysis, Premier Synthetics stock appears to be undervalued. The current stock price of ₹16.47 is trading 75.3% below its estimated GF Value™ of ₹66.56. GuruFocus considers Premier Synthetics to be Possible Value Trap.

Key valuation signals for BOM:509835:

  • Interest Coverage: 39.38 (339% above median its 10-year median of 8.98)
  • GF Value™: ₹66.56 vs. price of ₹16.47 (75.3% below fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 648.7% above the Manufacturing - Apparel & Accessories median (#999999 of 736)

No single metric tells the full story. See the BOM:509835 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Premier Synthetics Business Description

Address Swastik X Road, Surana House, Behind Klassic Chambers, Opposite Narnarayan Complex, Navrangpura, Ahmedabad, GJ, IND, 380009
Premier Synthetics Ltd is an India-based company engaged in the trading of Textiles and the Trading of Raw Material consumed in the manufacturing of Rubber Tubes. It generates the majority of its revenue from the Trading of Textiles segment.
51GF Score

Get the complete analysis for BOM:509835

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

₹16.47
Price
₹66.56
GF Value