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. Dolphin Offshore Enterprises India's
Operating Income
for the
three
months ended in Mar. 2026 was ₹73 Mil. Dolphin Offshore Enterprises India's Interest Expense for the
three
months ended in Mar. 2026 was ₹-49 Mil.
Dolphin Offshore Enterprises India's interest coverage for the quarter that ended in Mar. 2026 was 1.51.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Dolphin Offshore Enterprises India's Interest Coverage or its related term are showing as below:
BOM:522261'
s Interest Coverage Range Over the Past 10 Years
Min: 0.01 Med: 4.47 Max: 37.84
Current: 3.98
BOM:522261's Interest Coverage is ranked worse than 59.45% of 725
companies
in the Oil & Gas industry
Industry Median: 5.8
vs BOM:522261: 3.98
Dolphin Offshore Enterprises India (BOM:522261) 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 .
Dolphin Offshore Enterprises India Interest Coverage Related Terms
Dolphin Offshore Enterprises India Interest Coverage Historical Data
* 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.
Dolphin Offshore Enterprises India Interest Coverage Chart
BOM:522261 vs SLB, BKR, HAL: Interest Coverage Comparison
For the Oil & Gas Equipment & Services subindustry, Dolphin Offshore Enterprises 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.
Dolphin Offshore Enterprises India Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Dolphin Offshore Enterprises India's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Dolphin Offshore Enterprises India's Interest Coverage falls into.
Dolphin Offshore Enterprises 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:
* 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.
Dolphin Offshore Enterprises India (BOM:522261) has a Interest Coverage of 1.51 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Dolphin Offshore Enterprises India and its competitors. This is 66% below median its historical median of 4.47. Over the past decade, Dolphin Offshore Enterprises India's Interest Coverage has ranged from 0.01 to 37.84. According to the industry distribution chart, Dolphin Offshore Enterprises India ranks #431 out of 725 companies in the Oil & Gas industry, placing it in the top 59.4%.
Is Dolphin Offshore Enterprises India's Interest Coverage too high?
Dolphin Offshore Enterprises India's current Interest Coverage of 1.51 is 66% below median its 10-year median of 4.47. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 37.84. The Oil & Gas industry median Interest Coverage is 5.80. Dolphin Offshore Enterprises India's value of 1.51 is 74% below this industry median. Based on the distribution chart, Dolphin Offshore Enterprises India ranks #431 out of 725 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Dolphin Offshore Enterprises India has a GF Score™ of 54/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dolphin Offshore Enterprises India's Interest Coverage compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Dolphin Offshore Enterprises India ranks #431 out of 725 companies for Interest Coverage. This places Dolphin Offshore Enterprises India in the lower half of its industry. The industry median Interest Coverage is 5.80. Dolphin Offshore Enterprises India's value of 1.51 is 74% below this benchmark. Historically, Dolphin Offshore Enterprises India's own Interest Coverage has ranged from 0.01 to 37.84 over the past decade. While the company's 10-year median is 4.47 vs. the industry median of 5.80, Dolphin Offshore Enterprises India 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 an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.80, based on 725 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. Dolphin Offshore Enterprises India's current Interest Coverage of 1.51 is 74% 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 Dolphin Offshore Enterprises India and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dolphin Offshore Enterprises India's current Interest Coverage is 1.51, which is 66% below median its own 10-year median of 4.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dolphin Offshore Enterprises India stock overvalued right now?
Based on GuruFocus' analysis, Dolphin Offshore Enterprises India (BOM:522261) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,121.92, compared to a current price of ₹361.00 — trading 83% below its estimated fair value. The current Interest Coverage is 1.51, which is 66% below median its 10-year median of 4.47 and 74% below the Oil & Gas industry median of 5.80. Dolphin Offshore Enterprises India's overall GF Score™ is 54/100 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 Dolphin Offshore Enterprises India (BOM:522261), the current Interest Coverage is 1.51 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 Dolphin Offshore Enterprises India (BOM:522261) Overvalued in 2026?
Based on GuruFocus' analysis, Dolphin Offshore Enterprises India stock appears to be undervalued.
The current stock price of ₹361.00 is trading 83% below its estimated GF Value™ of ₹2,121.92.
GuruFocus considers Dolphin Offshore Enterprises India to be Possible Value Trap.
Key valuation signals for BOM:522261:
Interest Coverage: 1.51 (66% below median its 10-year median of 4.47)
GF Value™: ₹2,121.92 vs. price of ₹361.00 (83% below fair value)
Industry Position: 74% below the Oil & Gas median (#431 of 725)
No single metric tells the full story. See the BOM:522261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dolphin Offshore Enterprises India Business Description
Dolphin Offshore Enterprises India Ltd is a provider of underwater services to the Indian oil and gas industry including underwater diving and engineering, design and engineering, vessel operations and management, rig and ship repairs, marine logistics, and fabrication. It also provides equipments like air compressors, gas compressors, exploration and production equipment, and others. The company operates in the Gulf of Mexico, the Caribbean, Brazil, West Africa, Asia Pacific, Middle East, and domestically.
54GF Score
Get the complete analysis for BOM:522261
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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