Magnus Steel And Infra (BOM:517320) Interest Coverage: No Debt (1) (As of Jun. 2026) — 94% Below Median

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BOM:517320 Magnus Steel And Infra Ltd BOM:517320
21 GF Score
Price ₹27.74
! 3 Warning Signs
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What is Magnus Steel And Infra Interest Coverage?

Magnus Steel And Infra BOM:517320 -5.00% 21 Interest Coverage is No Debt (1) as of Jun. 2026, which is 100% below its 10-year median of 16.28. GuruFocus rates BOM:517320 with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 1,727 Software companies, Magnus Steel And Infra ranks better than 65.72% 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. Magnus Steel And Infra's Operating Income for the three months ended in Jun. 2026 was ₹24.1 Mil. Magnus Steel And Infra's Interest Expense for the three months ended in Jun. 2026 was ₹0.0 Mil. Magnus Steel And Infra has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Magnus Steel And Infra's Interest Coverage or its related term are showing as below:

BOM:517320' s Interest Coverage Range Over the Past 10 Years
Min: 1.59   Med: 16.28   Max: 85.54
Current: 85.54


BOM:517320's Interest Coverage is ranked better than
65.72% of 1727 companies
in the Software industry
Industry Median: 26.06 vs BOM:517320: 85.54

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Magnus Steel And Infra  (BOM:517320) 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 .


Magnus Steel And Infra Interest Coverage Related Terms


Magnus Steel And Infra Interest Coverage Historical Data

* Premium members only.

The historical data trend for Magnus Steel And Infra'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.

Magnus Steel And Infra Interest Coverage Chart

Magnus Steel And Infra 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 0.00 0.00 1.59 30.96

Magnus Steel And Infra Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.57 20.46 No Debt N/A No Debt

BOM:517320 vs IBM, ACN, FISV: Interest Coverage Comparison

For the Information Technology Services subindustry, Magnus Steel And Infra'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.


Magnus Steel And Infra Interest Coverage vs Software Industry

For the Software industry and Technology sector, Magnus Steel And Infra's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Magnus Steel And Infra's Interest Coverage falls into.


BOM:517320
21GF Score
Magnus Steel And Infra Ltd BOM:517320
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Magnus Steel And Infra 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.

Magnus Steel And Infra'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, Magnus Steel And Infra's Interest Expense was ₹-1.5 Mil. Its Operating Income was ₹46.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹17.6 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*46.558/-1.504
=30.96

Magnus Steel And Infra's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Magnus Steel And Infra's Interest Expense was ₹0.0 Mil. Its Operating Income was ₹24.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Magnus Steel And Infra had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Magnus Steel And Infra (BOM:517320) has a Interest Coverage of No Debt (1) as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Magnus Steel And Infra and its competitors. This is 94% below median its historical median of 16.28. Over the past decade, Magnus Steel And Infra's Interest Coverage has ranged from 1.59 to 85.54. According to the industry distribution chart, Magnus Steel And Infra ranks #592 out of 1727 companies in the Software industry, placing it in the top 34.3%.
Is Magnus Steel And Infra's Interest Coverage too high?
Magnus Steel And Infra's current Interest Coverage of No Debt (1) is 94% below median its 10-year median of 16.28. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 85.54. Based on the distribution chart, Magnus Steel And Infra ranks #592 out of 1727 companies in the Software industry, which is above the industry midpoint. Overall, Magnus Steel And Infra has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Magnus Steel And Infra's Interest Coverage compare to IBM and ACN?
According to the Software industry distribution chart, Magnus Steel And Infra ranks #592 out of 1727 companies for Interest Coverage. This puts Magnus Steel And Infra in the upper half of its industry. The industry median Interest Coverage is 26.06. Historically, Magnus Steel And Infra's own Interest Coverage has ranged from 1.59 to 85.54 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 a Software company?
The median Interest Coverage among Software companies is 26.06, based on 1,727 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 Magnus Steel And Infra and its competitors. For the Software industry, the median Interest Coverage is 26.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magnus Steel And Infra's current Interest Coverage is No Debt (1), which is 94% below median its own 10-year median of 16.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnus Steel And Infra stock overvalued right now?
Magnus Steel And Infra (BOM:517320) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1), which is 94% below median its 10-year median of 16.28. Magnus Steel And Infra's overall GF Score™ is 21/100 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 Magnus Steel And Infra (BOM:517320), the current Interest Coverage is No Debt (1) as of Jun. 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.

Magnus Steel And Infra Business Description

Address Unit no 365, Shirshagaon, Niphad, Nashik, MH, IND, 422001
Magnus Steel And Infra Ltd is engaged in providing service activities in Information Technology related fields, with a special focus on computer hardware, software, business process outsourcing, training in information technology-related fields, and academic training.
21GF Score

Get the complete analysis for BOM:517320

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

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