Shiva Suitings (BOM:521003) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median

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BOM:521003 Shiva Suitings Ltd BOM:521003
41 GF Score
Price ₹52.07
GF Value ₹8.93
! 6 Warning Signs
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What is Shiva Suitings Interest Coverage?

Shiva Suitings BOM:521003 41 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 546.34. GuruFocus rates BOM:521003 with a GF Score™ of 41/100 and a GF Value™ of ₹8.93. The stock has 6 warning signs investors should review.

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. Shiva Suitings's Operating Income for the three months ended in Mar. 2026 was ₹-0.84 Mil. Shiva Suitings's Interest Expense for the three months ended in Mar. 2026 was ₹0.00 Mil. Shiva Suitings has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Shiva Suitings Ltd has no debt.

(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 Shiva Suitings's Interest Coverage or its related term are showing as below:

BOM:521003' s Interest Coverage Range Over the Past 10 Years
Min: 50.29   Med: 546.34   Max: No Debt
Current: No Debt


BOM:521003's Interest Coverage is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.3 vs BOM:521003: No Debt

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


Shiva Suitings  (BOM:521003) 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 .


Shiva Suitings Interest Coverage Related Terms


Shiva Suitings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shiva Suitings'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.

Shiva Suitings Interest Coverage Chart

Shiva Suitings 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 292.00 273.00 138.20 No Debt No Debt

Shiva Suitings 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 No Debt No Debt No Debt No Debt No Debt

Shiva Suitings Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Shiva Suitings'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.


Shiva Suitings Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Shiva Suitings's Interest Coverage falls into.


BOM:521003
41GF Score
Shiva Suitings Ltd BOM:521003
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shiva Suitings 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.

Shiva Suitings'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, Shiva Suitings's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-1.19 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Shiva Suitings had no debt (1).

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

Here, for the three months ended in Mar. 2026, Shiva Suitings's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-0.84 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Shiva Suitings 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?
Shiva Suitings (BOM:521003) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shiva Suitings and its competitors. This is 100% below median its historical median of 546.34. Over the past decade, Shiva Suitings' Interest Coverage has ranged from 50.29 to 10,000.00.
Is Shiva Suitings' Interest Coverage too high?
Shiva Suitings' current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 546.34. Over the past 10 years, this metric has ranged from a low of 50.29 to a high of 10,000.00. Overall, Shiva Suitings has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Shiva Suitings' Interest Coverage compare to competitors?
Shiva Suitings' Interest Coverage of No Debt (1) can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Interest Coverage is 5.30. Historically, Shiva Suitings' own Interest Coverage has ranged from 50.29 to 10,000.00 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.30, based on 735 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 Shiva Suitings and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shiva Suitings's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 546.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiva Suitings stock overvalued right now?
Shiva Suitings (BOM:521003) has a current Interest Coverage of No Debt (1). The stock's GF Value™ is ₹8.93, compared to a current price of ₹52.07 — trading 483.1% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 546.34. Shiva Suitings' overall GF Score™ is 41/100 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 Shiva Suitings (BOM:521003), the current Interest Coverage is No Debt (1) 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 Shiva Suitings (BOM:521003) Overvalued in 2026?

Based on GuruFocus' analysis, Shiva Suitings stock appears to be overvalued. The current stock price of ₹52.07 is trading 483.1% above its estimated GF Value™ of ₹8.93.

Key valuation signals for BOM:521003:

  • Interest Coverage: No Debt (1) (100% below median its 10-year median of 546.34)
  • GF Value™: ₹8.93 vs. price of ₹52.07 (483.1% above fair value)
  • GF Score™: 41/100 with 6 warning signs

No single metric tells the full story. See the BOM:521003 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shiva Suitings Business Description

Address Kalbadevi Road, 3rd Floor, 384-M, Dabholkar Wadi, Mumbai, MH, IND, 400002
Shiva Suitings Ltd is engaged in the business of trading and manufacturing textile products. It offers fabrics, yarns, household linen, articles of clothing, floor coverings and tapestry, and sports clothes. Revenue is derived from India.
41GF Score

Get the complete analysis for BOM:521003

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

₹52.07
Price
₹8.93
GF Value