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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. Hemang Resources's
Operating Income
for the
three
months ended in Mar. 2026 was ₹-6.69 Mil. Hemang Resources's Interest Expense for the
three
months ended in Mar. 2026 was ₹-0.00 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 Hemang Resources's Interest Coverage or its related term are showing as below:
BOM:531178's Interest Coverage is not ranked *
in the Other Energy Sources industry.
Industry Median: 10.27 * Ranked among companies with meaningful Interest Coverage only.
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 .
Hemang Resources Interest Coverage Related Terms
Hemang Resources Interest Coverage Historical Data
* Premium members only.
The historical data trend for Hemang Resources'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.
For the Thermal Coal subindustry, Hemang Resources'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.
Hemang Resources Interest Coverage vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Hemang Resources's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Hemang Resources'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:
Hemang Resources 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?
Hemang Resources (BOM:531178) 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 Hemang Resources and its competitors. According to the industry distribution chart, Hemang Resources ranks #999999 out of 112 companies in the Other Energy Sources industry.
Is Hemang Resources' Interest Coverage too high?
Hemang Resources' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Hemang Resources ranks #999999 out of 112 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Hemang Resources has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hemang Resources' Interest Coverage compare to CNR?
According to the Other Energy Sources industry distribution chart, Hemang Resources ranks #999999 out of 112 companies for Interest Coverage. This places Hemang Resources in the lower half of its industry. The industry median Interest Coverage is 10.27. 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 Other Energy Sources company?
The median Interest Coverage among Other Energy Sources companies is 10.27, based on 112 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 Hemang Resources and its competitors. For the Other Energy Sources industry, the median Interest Coverage is 10.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hemang Resources'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 Hemang Resources stock overvalued right now?
Based on GuruFocus' analysis, Hemang Resources (BOM:531178) is currently considered Fairly Valued. The stock's GF Value™ is ₹14.44, compared to a current price of ₹13.76 — trading 4.7% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Hemang Resources' overall GF Score™ is 58/100 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 Hemang Resources (BOM:531178), 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 Hemang Resources (BOM:531178) Overvalued in 2026?
Based on GuruFocus' analysis, Hemang Resources stock appears to be undervalued.
The current stock price of ₹13.76 is trading 4.7% below its estimated GF Value™ of ₹14.44.
GuruFocus considers Hemang Resources to be Fairly Valued.
Key valuation signals for BOM:531178:
Interest Coverage: 0 (At Loss)
GF Value™: ₹14.44 vs. price of ₹13.76 (4.7% below fair value)
No single metric tells the full story. See the BOM:531178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hemang Resources Ltd is a company principally engaged in coal trading, stevedoring, logistic services, and land trading. The company's operating segments consist of the Coal Trading Division and the Infrastructure Division. The Coal Trading Division focuses on trading both imported and indigenous coal, selling to various industries in India. The Infrastructure Division operates in the real estate sector. The company generates the majority of its revenue from the sale of imported coal within the Coal Trading Division segment.
58GF Score
Get the complete analysis for BOM:531178
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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