Trade Wings (BOM:509953) Interest Coverage: 1.44 (As of Mar. 2026) — 279% Above Median

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Director of Data and Quant Analytics at GuruFocus
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BOM:509953 Trade Wings Ltd BOM:509953
41 GF Score
Price ₹595.00
GF Value ₹53.17
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Trade Wings Interest Coverage?

Trade Wings BOM:509953 41 Interest Coverage is 1.44 as of Mar. 2026, which is 279% above its 10-year median of 0.38. GuruFocus rates BOM:509953 with a GF Score™ of 41/100 and a GF Value™ of ₹53.17 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 608 Travel & Leisure companies, Trade Wings ranks worse than 164473.52% 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. Trade Wings's Operating Income for the three months ended in Mar. 2026 was ₹13 Mil. Trade Wings's Interest Expense for the three months ended in Mar. 2026 was ₹-9 Mil. Trade Wings's interest coverage for the quarter that ended in Mar. 2026 was 1.44. The higher the ratio, the stronger the company's financial strength is.

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


BOM:509953's Interest Coverage is not ranked *
in the Travel & Leisure industry.
Industry Median: 5.31
* 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.


Trade Wings  (BOM:509953) 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 .


Trade Wings Interest Coverage Related Terms


Trade Wings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Trade Wings'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.

Trade Wings Interest Coverage Chart

Trade Wings 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 0.00 0.90 0.67 0.22 0.00

Trade Wings 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 2.11 0.00 0.00 0.26 1.44

BOM:509953 vs BKNG, ABNB, RCL: Interest Coverage Comparison

For the Travel Services subindustry, Trade Wings'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.


Trade Wings Interest Coverage vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Trade Wings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Trade Wings's Interest Coverage falls into.


BOM:509953
41GF Score
Trade Wings Ltd BOM:509953
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trade Wings 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.

Trade Wings'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, Trade Wings's Interest Expense was ₹-39 Mil. Its Operating Income was ₹-29 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹138 Mil.

Trade Wings did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2026, Trade Wings's Interest Expense was ₹-9 Mil. Its Operating Income was ₹13 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹138 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*12.565/-8.701
=1.44

* 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 1.44 mean?
Trade Wings (BOM:509953) has a Interest Coverage of 1.44 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Trade Wings and its competitors. This is 279% above median its historical median of 0.38. According to the industry distribution chart, Trade Wings ranks #999999 out of 608 companies in the Travel & Leisure industry.
Is Trade Wings' Interest Coverage too high?
Trade Wings' current Interest Coverage of 1.44 is 279% above median its 10-year median of 0.38. The Travel & Leisure industry median Interest Coverage is 5.31. Trade Wings' value of 1.44 is 72.9% below this industry median. Based on the distribution chart, Trade Wings ranks #999999 out of 608 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Trade Wings has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trade Wings' Interest Coverage compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Trade Wings ranks #999999 out of 608 companies for Interest Coverage. This places Trade Wings in the lower half of its industry. The industry median Interest Coverage is 5.31. Trade Wings' value of 1.44 is 72.9% below this benchmark. While the company's 10-year median is 0.38 vs. the industry median of 5.31, Trade Wings 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 a Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.31, based on 608 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. Trade Wings's current Interest Coverage of 1.44 is 72.9% 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 Trade Wings and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trade Wings's current Interest Coverage is 1.44, which is 279% above median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trade Wings stock overvalued right now?
Based on GuruFocus' analysis, Trade Wings (BOM:509953) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹53.17, compared to a current price of ₹595.00 — trading 1019.1% above its estimated fair value. The current Interest Coverage is 1.44, which is 279% above median its 10-year median of 0.38 and 72.9% below the Travel & Leisure industry median of 5.31. Trade Wings' overall GF Score™ is 41/100 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 Trade Wings (BOM:509953), the current Interest Coverage is 1.44 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 Trade Wings (BOM:509953) Overvalued in 2026?

Based on GuruFocus' analysis, Trade Wings stock appears to be overvalued. The current stock price of ₹595.00 is trading 1019.1% above its estimated GF Value™ of ₹53.17. GuruFocus considers Trade Wings to be Significantly Overvalued.

Key valuation signals for BOM:509953:

  • Interest Coverage: 1.44 (279% above median its 10-year median of 0.38)
  • GF Value™: ₹53.17 vs. price of ₹595.00 (1019.1% above fair value)
  • GF Score™: 41/100 with 3 warning signs
  • Industry Position: 72.9% below the Travel & Leisure median (#999999 of 608)

No single metric tells the full story. See the BOM:509953 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trade Wings Business Description

Address A-2 Kaveri CHS, Plot No.63, Sector 17, Vashi, Navi Mumbai, MH, IND, 400 705
Trade Wings Ltd is an India based company operating in the tourism industry. Its services include Business Travel, Leisure Travel, Hospitality, Logistics, and others. The company's operating segment includes Cargo and Others and Travel Related Services. It derives maximum revenue from the Travel Related Services segment.
41GF Score

Get the complete analysis for BOM:509953

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

₹595.00
Price
₹53.17
GF Value