Gem Spinners India (BOM:521133) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median

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BOM:521133 Gem Spinners India Ltd BOM:521133
18 GF Score
Price ₹5.11
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What is Gem Spinners India Interest Coverage?

Gem Spinners India BOM:521133 18 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates BOM:521133 with a GF Score™ of 18/100. Among 737 Manufacturing - Apparel & Accessories companies, Gem Spinners India ranks better than 99.59% 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. Gem Spinners India's Operating Income for the three months ended in Mar. 2026 was ₹-0.88 Mil. Gem Spinners India's Interest Expense for the three months ended in Mar. 2026 was ₹0.00 Mil. Gem Spinners India has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Gem Spinners India 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 Gem Spinners India's Interest Coverage or its related term are showing as below:

BOM:521133' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


BOM:521133's Interest Coverage is ranked better than
99.59% of 737 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.22 vs BOM:521133: 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.


Gem Spinners India  (BOM:521133) 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 .


Gem Spinners India Interest Coverage Related Terms


Gem Spinners India Interest Coverage Historical Data

* Premium members only.

The historical data trend for Gem Spinners India'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.

Gem Spinners India Interest Coverage Chart

Gem Spinners India 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 N/A 0.00 0.00 N/A No Debt

Gem Spinners India Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 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 N/A No Debt No Debt No Debt

Gem Spinners India Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Gem Spinners India'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.


Gem Spinners India Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Gem Spinners India's Interest Coverage falls into.


BOM:521133
18GF Score
Gem Spinners India Ltd BOM:521133
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Gem Spinners India 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.

Gem Spinners India'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, Gem Spinners India's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-4.10 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Gem Spinners India had no debt (1).

Gem Spinners India's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Gem Spinners India's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-0.88 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Gem Spinners India 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?
Gem Spinners India (BOM:521133) 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 Gem Spinners India and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Gem Spinners India's Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Gem Spinners India ranks #3 out of 737 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 0.40000000000001%.
Is Gem Spinners India's Interest Coverage too high?
Gem Spinners India's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, Gem Spinners India ranks #3 out of 737 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Gem Spinners India has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Gem Spinners India's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gem Spinners India ranks #3 out of 737 companies for Interest Coverage. This places Gem Spinners India in the top 0% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.22. Historically, Gem Spinners India's own Interest Coverage has ranged from 10,000.00 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 5.22, based on 737 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 Gem Spinners India and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gem Spinners India's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gem Spinners India stock overvalued right now?
Gem Spinners India (BOM:521133) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Gem Spinners India's overall GF Score™ is 18/100. 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 Gem Spinners India (BOM:521133), 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.

Gem Spinners India Business Description

Address 78, Cathedral Road, Chennai, TN, IND, 600 086
Gem Spinners India Ltd is in the business of manufacture and export of cotton yarn and grey fabrics and also trades in the same commodity. Its product includes combed cotton yarn, carded cotton yarn, melange yarn, organic cotton yarn, knit fabrics, and knit garments.
18GF Score

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

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