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. SPV Global Trading's
Operating Income
for the
three
months ended in Mar. 2026 was ₹-29 Mil. SPV Global Trading's Interest Expense for the
three
months ended in Mar. 2026 was ₹-284 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 SPV Global Trading's Interest Coverage or its related term are showing as below:
BOM:512221'
s Interest Coverage Range Over the Past 10 Years
Min: 1.25 Med: 1.84 Max: 8.11
Current: 1.45
BOM:512221's Interest Coverage is not ranked
in the Industrial Distribution industry.
Industry Median: 6.84
vs BOM:512221: 1.45
SPV Global Trading (BOM:512221) 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 .
SPV Global Trading Interest Coverage Related Terms
SPV Global Trading Interest Coverage Historical Data
* Premium members only.
The historical data trend for SPV Global Trading'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.
BOM:512221 vs GWW, FAST, FERG: Interest Coverage Comparison
For the Industrial Distribution subindustry, SPV Global Trading'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.
SPV Global Trading Interest Coverage vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, SPV Global Trading's Interest Coverage distribution charts can be found below:
* The bar in red indicates where SPV Global Trading'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:
SPV Global Trading 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.
What does a Interest Coverage of 0 (At Loss) mean?
SPV Global Trading (BOM:512221) 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 SPV Global Trading and its competitors. Over the past decade, SPV Global Trading's Interest Coverage has ranged from 1.25 to 8.11.
Is SPV Global Trading's Interest Coverage too high?
SPV Global Trading's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 8.11. Overall, SPV Global Trading has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does SPV Global Trading's Interest Coverage compare to GWW and FAST?
SPV Global Trading's Interest Coverage of 0 (At Loss) can be compared against companies in the Industrial Distribution industry. The industry median Interest Coverage is 6.84. Historically, SPV Global Trading's own Interest Coverage has ranged from 1.25 to 8.11 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 an Industrial Distribution company?
The median Interest Coverage among Industrial Distribution companies is 6.84, based on 132 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 SPV Global Trading and its competitors. For the Industrial Distribution industry, the median Interest Coverage is 6.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPV Global Trading'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 SPV Global Trading stock overvalued right now?
SPV Global Trading (BOM:512221) has a current Interest Coverage of 0 (At Loss). The stock's GF Value™ is ₹15.65, compared to a current price of ₹14.45 — trading 7.7% below its estimated fair value. The current Interest Coverage is 0 (At Loss). SPV Global Trading's overall GF Score™ is 71/100 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 SPV Global Trading (BOM:512221), 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.
Is SPV Global Trading (BOM:512221) Overvalued in 2026?
Based on GuruFocus' analysis, SPV Global Trading stock appears to be undervalued.
The current stock price of ₹14.45 is trading 7.7% below its estimated GF Value™ of ₹15.65.
Key valuation signals for BOM:512221:
Interest Coverage: 0 (At Loss)
GF Value™: ₹15.65 vs. price of ₹14.45 (7.7% below fair value)
No single metric tells the full story. See the BOM:512221 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SPV Global Trading Ltd deals in non-ferrous metals which serves the copper alloy manufacturing industry, which in turn serves many industries such as Automobiles, Electricals, Electronics, horological, and coinage. The company is involved in the manufacturing of "Non-ferrous Semis & Copper Alloys". Geographically, it operates in India as well as Outside India. The majority of revenue is generated from the sale of products.
71GF Score
Get the complete analysis for BOM:512221
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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