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. Associated Ceramics's
Operating Income
for the
three
months ended in Mar. 2026 was ₹-4.8 Mil. Associated Ceramics's Interest Expense for the
three
months ended in Mar. 2026 was ₹-0.2 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Associated Ceramics's Interest Coverage or its related term are showing as below:
BOM:531168'
s Interest Coverage Range Over the Past 10 Years
Min: 3.08 Med: 10.87 Max: 54.12
Current: 13.17
BOM:531168's Interest Coverage is ranked better than 66.12% of 307
companies
in the Building Materials industry
Industry Median: 6.61
vs BOM:531168: 13.17
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 .
Associated Ceramics Interest Coverage Related Terms
Associated Ceramics Interest Coverage Historical Data
* Premium members only.
The historical data trend for Associated Ceramics'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.
BOM:531168 vs CRH, VMC, MLM: Interest Coverage Comparison
For the Building Materials subindustry, Associated Ceramics'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.
Associated Ceramics Interest Coverage vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Associated Ceramics's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Associated Ceramics's Interest Coverage falls into.
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:
Associated Ceramics did not have earnings to cover the 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.
What does a Interest Coverage of 0 (At Loss) mean?
Associated Ceramics (BOM:531168) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Associated Ceramics and its competitors. Over the past decade, Associated Ceramics' Interest Coverage has ranged from 3.08 to 54.12. According to the industry distribution chart, Associated Ceramics ranks #104 out of 307 companies in the Building Materials industry, placing it in the top 33.9%.
Is Associated Ceramics' Interest Coverage too high?
Associated Ceramics' current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 3.08 to a high of 54.12. Based on the distribution chart, Associated Ceramics ranks #104 out of 307 companies in the Building Materials industry, which is above the industry midpoint. Overall, Associated Ceramics has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Associated Ceramics' Interest Coverage compare to CRH and VMC?
According to the Building Materials industry distribution chart, Associated Ceramics ranks #104 out of 307 companies for Interest Coverage. This puts Associated Ceramics in the upper half of its industry. The industry median Interest Coverage is 6.61. Historically, Associated Ceramics' own Interest Coverage has ranged from 3.08 to 54.12 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 Building Materials company?
The median Interest Coverage among Building Materials companies is 6.61, based on 307 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 Associated Ceramics and its competitors. For the Building Materials industry, the median Interest Coverage is 6.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associated Ceramics's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associated Ceramics stock overvalued right now?
Based on GuruFocus' analysis, Associated Ceramics (BOM:531168) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹229.00, compared to a current price of ₹168.00 — trading 26.6% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Associated Ceramics' overall GF Score™ is 75/100 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 Associated Ceramics (BOM:531168), the current Interest Coverage is 0 (At Loss) 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 Associated Ceramics (BOM:531168) Overvalued in 2026?
Based on GuruFocus' analysis, Associated Ceramics stock appears to be undervalued.
The current stock price of ₹168.00 is trading 26.6% below its estimated GF Value™ of ₹229.00.
GuruFocus considers Associated Ceramics to be Modestly Undervalued.
Key valuation signals for BOM:531168:
Interest Coverage: 0 (At Loss)
GF Value™: ₹229.00 vs. price of ₹168.00 (26.6% below fair value)
No single metric tells the full story. See the BOM:531168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Associated Ceramics Ltd is mainly engaged in the manufacture and sale of refractory items. The company is involved in refractory and pottery work, the buying and selling of minerals and mineral products, and trading in cement, lime, and stone. It operates in two segments: refractory items and solar energy. The majority of its revenue comes from refractory items.
75GF Score
Get the complete analysis for BOM:531168
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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