SPEL Semiconductor (BOM:517166) Interest Coverage: 0.82 (As of Mar. 2026) — 95% Above Median


BOM:517166 SPEL Semiconductor Ltd BOM:517166
42 GF Score
Price ₹157.60
GF Value ₹100.16
Valuation Significantly Overvalued
! 4 Warning Signs
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What is SPEL Semiconductor Interest Coverage?

SPEL Semiconductor BOM:517166 +3.01% 42 Interest Coverage is 0.82 as of Mar. 2026, which is 95% above its 10-year median of 0.42. GuruFocus rates BOM:517166 with a GF Score™ of 42/100 and a GF Value™ of ₹100.16 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 635 Semiconductors companies, SPEL Semiconductor ranks worse than 157480.16% 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. SPEL Semiconductor's Operating Income for the three months ended in Mar. 2026 was ₹14.70 Mil. SPEL Semiconductor's Interest Expense for the three months ended in Mar. 2026 was ₹-17.82 Mil. SPEL Semiconductor's interest coverage for the quarter that ended in Mar. 2026 was 0.82. The higher the ratio, the stronger the company's financial strength is.

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


BOM:517166's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 20.32
* 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.


SPEL Semiconductor  (BOM:517166) 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 .


SPEL Semiconductor Interest Coverage Related Terms


SPEL Semiconductor Interest Coverage Historical Data

* Premium members only.

The historical data trend for SPEL Semiconductor'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.

SPEL Semiconductor Interest Coverage Chart

SPEL Semiconductor 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 0.14 0.00 0.00 0.00

SPEL Semiconductor 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 0.00 0.00 0.00 0.00 0.82

BOM:517166 vs NVDA, AVGO, MU: Interest Coverage Comparison

For the Semiconductors subindustry, SPEL Semiconductor'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.


SPEL Semiconductor Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, SPEL Semiconductor's Interest Coverage distribution charts can be found below:

* The bar in red indicates where SPEL Semiconductor's Interest Coverage falls into.


BOM:517166
42GF Score
SPEL Semiconductor Ltd BOM:517166
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SPEL Semiconductor 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.

SPEL Semiconductor'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, SPEL Semiconductor's Interest Expense was ₹-50.58 Mil. Its Operating Income was ₹-22.11 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹108.26 Mil.

SPEL Semiconductor did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2026, SPEL Semiconductor's Interest Expense was ₹-17.82 Mil. Its Operating Income was ₹14.70 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹108.26 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*14.7/-17.824
=0.82

* 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 0.82 mean?
SPEL Semiconductor (BOM:517166) has a Interest Coverage of 0.82 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SPEL Semiconductor and its competitors. This is 95% above median its historical median of 0.42. According to the industry distribution chart, SPEL Semiconductor ranks #999999 out of 635 companies in the Semiconductors industry.
Is SPEL Semiconductor's Interest Coverage too high?
SPEL Semiconductor's current Interest Coverage of 0.82 is 95% above median its 10-year median of 0.42. The Semiconductors industry median Interest Coverage is 20.32. SPEL Semiconductor's value of 0.82 is 96% below this industry median. Based on the distribution chart, SPEL Semiconductor ranks #999999 out of 635 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, SPEL Semiconductor has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPEL Semiconductor's Interest Coverage compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, SPEL Semiconductor ranks #999999 out of 635 companies for Interest Coverage. This places SPEL Semiconductor in the lower half of its industry. The industry median Interest Coverage is 20.32. SPEL Semiconductor's value of 0.82 is 96% below this benchmark. While the company's 10-year median is 0.42 vs. the industry median of 20.32, SPEL Semiconductor 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.32, based on 635 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. SPEL Semiconductor's current Interest Coverage of 0.82 is 96% 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 SPEL Semiconductor and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPEL Semiconductor's current Interest Coverage is 0.82, which is 95% above median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPEL Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, SPEL Semiconductor (BOM:517166) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹100.16, compared to a current price of ₹157.60 — trading 57.3% above its estimated fair value. The current Interest Coverage is 0.82, which is 95% above median its 10-year median of 0.42 and 96% below the Semiconductors industry median of 20.32. SPEL Semiconductor's overall GF Score™ is 42/100 with 4 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 SPEL Semiconductor (BOM:517166), the current Interest Coverage is 0.82 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 SPEL Semiconductor (BOM:517166) Overvalued in 2026?

Based on GuruFocus' analysis, SPEL Semiconductor stock appears to be overvalued. The current stock price of ₹157.60 is trading 57.3% above its estimated GF Value™ of ₹100.16. GuruFocus considers SPEL Semiconductor to be Significantly Overvalued.

Key valuation signals for BOM:517166:

  • Interest Coverage: 0.82 (95% above median its 10-year median of 0.42)
  • GF Value™: ₹100.16 vs. price of ₹157.60 (57.3% above fair value)
  • GF Score™: 42/100 with 4 warning signs
  • Industry Position: 96% below the Semiconductors median (#999999 of 635)

No single metric tells the full story. See the BOM:517166 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SPEL Semiconductor Business Description

Address 5 CMDA Industrial Estate, Maraimalai Nagar, Chennai, TN, IND, 603209
SPEL Semiconductor Ltd is engaged in offering electronic integrated circuits (IC). It mainly operates in Integrated Circuits assembly and test facilities and provides solutions that include wafer sort, assembly, test, and drop-shipment services. In addition, it offers packaging solutions for semiconductors used in a range of end-market applications, including communications, consumer electronics, computing, industrial, and automotive. The majority of the revenue comes from the sale of products.
42GF Score

Get the complete analysis for BOM:517166

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

₹157.60
Price
₹100.16
GF Value