Seamec (BOM:526807) Interest Coverage: 18.86 (As of Mar. 2026) — 172% Above Median


BOM:526807 Seamec Ltd BOM:526807
75 GF Score
Price ₹1,417.75
GF Value ₹1,568.39
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Seamec Interest Coverage?

Seamec BOM:526807 -2.26% 75 Interest Coverage is 18.86 as of Mar. 2026, which is 172% above its 10-year median of 6.93. GuruFocus rates BOM:526807 with a GF Score™ of 75/100 and a GF Value™ of ₹1,568.39 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 839 Transportation companies, Seamec ranks better than 69.13% 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. Seamec's Operating Income for the three months ended in Mar. 2026 was ₹1,100 Mil. Seamec's Interest Expense for the three months ended in Mar. 2026 was ₹-58 Mil. Seamec's interest coverage for the quarter that ended in Mar. 2026 was 18.86. The higher the ratio, the stronger the company's financial strength is.

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

BOM:526807' s Interest Coverage Range Over the Past 10 Years
Min: 2.21   Med: 6.93   Max: 24.04
Current: 11.66


BOM:526807's Interest Coverage is ranked better than
69.13% of 839 companies
in the Transportation industry
Industry Median: 5.68 vs BOM:526807: 11.66

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


Seamec  (BOM:526807) 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 .


Seamec Interest Coverage Related Terms


Seamec Interest Coverage Historical Data

* Premium members only.

The historical data trend for Seamec'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.

Seamec Interest Coverage Chart

Seamec 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 8.46 2.42 6.93 5.36 11.66

Seamec 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 11.58 17.83 0.00 15.43 18.86

Seamec Interest Coverage Competitor Comparison

For the Marine Shipping subindustry, Seamec'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.


Seamec Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Seamec's Interest Coverage distribution charts can be found below:

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


BOM:526807
75GF Score
Seamec Ltd BOM:526807
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seamec 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.

Seamec'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, Seamec's Interest Expense was ₹-208 Mil. Its Operating Income was ₹2,425 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹2,199 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*2425/-207.9
=11.66

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

Here, for the three months ended in Mar. 2026, Seamec's Interest Expense was ₹-58 Mil. Its Operating Income was ₹1,100 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹2,199 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1099.8/-58.3
=18.86

* 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 18.86 mean?
Seamec (BOM:526807) has a Interest Coverage of 18.86 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Seamec and its competitors. This is 172% above median its historical median of 6.93. Over the past decade, Seamec's Interest Coverage has ranged from 2.21 to 24.04. According to the industry distribution chart, Seamec ranks #259 out of 839 companies in the Transportation industry, placing it in the top 30.9%.
Is Seamec's Interest Coverage too high?
Seamec's current Interest Coverage of 18.86 is 172% above median its 10-year median of 6.93. Over the past 10 years, this metric has ranged from a low of 2.21 to a high of 24.04. The Transportation industry median Interest Coverage is 5.68. Seamec's value of 18.86 is 232% above this industry median. Based on the distribution chart, Seamec ranks #259 out of 839 companies in the Transportation industry, which is above the industry midpoint. Overall, Seamec has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Seamec's Interest Coverage compare to competitors?
According to the Transportation industry distribution chart, Seamec ranks #259 out of 839 companies for Interest Coverage. This puts Seamec in the upper half of its industry. The industry median Interest Coverage is 5.68. Seamec's value of 18.86 is 232% above this benchmark. Historically, Seamec's own Interest Coverage has ranged from 2.21 to 24.04 over the past decade. While the company's 10-year median is 6.93 vs. the industry median of 5.68, Seamec has consistently been above 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.68, based on 839 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. Seamec's current Interest Coverage of 18.86 is 232% above 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 Seamec and its competitors. For the Transportation industry, the median Interest Coverage is 5.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seamec's current Interest Coverage is 18.86, which is 172% above median its own 10-year median of 6.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seamec stock overvalued right now?
Based on GuruFocus' analysis, Seamec (BOM:526807) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,568.39, compared to a current price of ₹1,417.75 — trading 9.6% below its estimated fair value. The current Interest Coverage is 18.86, which is 172% above median its 10-year median of 6.93 and 232% above the Transportation industry median of 5.68. Seamec's overall GF Score™ is 75/100 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 Seamec (BOM:526807), the current Interest Coverage is 18.86 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 Seamec (BOM:526807) Overvalued in 2026?

Based on GuruFocus' analysis, Seamec stock appears to be undervalued. The current stock price of ₹1,417.75 is trading 9.6% below its estimated GF Value™ of ₹1,568.39. GuruFocus considers Seamec to be Modestly Undervalued.

Key valuation signals for BOM:526807:

  • Interest Coverage: 18.86 (172% above median its 10-year median of 6.93)
  • GF Value™: ₹1,568.39 vs. price of ₹1,417.75 (9.6% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 232% above the Transportation median (#259 of 839)

No single metric tells the full story. See the BOM:526807 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Seamec Business Description

Other Exchanges SEAMECLTD:India
Address 215 Atrium, Andheri Kurla Road, A 901-905, 9th Floor, Andheri (East), Mumbai, MH, IND, 400 093
Seamec Ltd is engaged in the offshore and shipping business. It provides offshore oilfields support services through its multi-support diving vessels. Its support services include marine, construction, and diving services to offshore oilfields in India and abroad by its fleets like, SEAMEC I, which is a multi-support vessel, SEAMEC-II, and SEAMEC-III, which are multifunctional DSVs, SEAMEC PRINCESS, Seamec Gallant, and Barge Kreuz Glorious. The principal activities of the company are Charter, Ship Management & Operation and Shipping Lines of Freight & Passengers Transportation. The company is operates in two geographical segments namely, a Domestic segment that contributes a vital part of revenue and an Overseas segment.
75GF Score

Get the complete analysis for BOM:526807

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

₹1,417.75
Price
₹1,568.39
GF Value