Equilateral Enterprises (BOM:531262) Interest Coverage: No Debt (1) (As of Jun. 2026) — 100% Below Median

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BOM:531262 Equilateral Enterprises Ltd BOM:531262
48 GF Score
Price ₹13.36
! 2 Warning Signs
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What is Equilateral Enterprises Interest Coverage?

Equilateral Enterprises BOM:531262 -4.98% 48 Interest Coverage is No Debt (1) as of Jun. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates BOM:531262 with a GF Score™ of 48/100. The stock has 2 warning signs investors should review. Among 831 Retail - Cyclical companies, Equilateral Enterprises ranks worse than 120336.82% 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. Equilateral Enterprises's Operating Income for the three months ended in Jun. 2026 was ₹-1.3 Mil. Equilateral Enterprises's Interest Expense for the three months ended in Jun. 2026 was ₹0.0 Mil. Equilateral Enterprises has no debt. The higher the ratio, the stronger the company's financial strength is.

(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 Equilateral Enterprises's Interest Coverage or its related term are showing as below:


BOM:531262's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.45
* Ranked among companies with meaningful Interest Coverage only.

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


Equilateral Enterprises  (BOM:531262) 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 .


Equilateral Enterprises Interest Coverage Related Terms


Equilateral Enterprises Interest Coverage Historical Data

* Premium members only.

The historical data trend for Equilateral Enterprises'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.

Equilateral Enterprises Interest Coverage Chart

Equilateral Enterprises 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 78.00 0.00 0.00 0.00 N/A

Equilateral Enterprises Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 N/A No Debt

BOM:531262 vs TPR: Interest Coverage Comparison

For the Luxury Goods subindustry, Equilateral Enterprises'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.


Equilateral Enterprises Interest Coverage vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Equilateral Enterprises's Interest Coverage distribution charts can be found below:

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


BOM:531262
48GF Score
Equilateral Enterprises Ltd BOM:531262
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Equilateral Enterprises 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.

Equilateral Enterprises'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, Equilateral Enterprises's Interest Expense was ₹0.0 Mil. Its Operating Income was ₹-12.2 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹5.3 Mil.

GuruFocus does not calculate Equilateral Enterprises's interest coverage with the available data.

Equilateral Enterprises's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Equilateral Enterprises's Interest Expense was ₹0.0 Mil. Its Operating Income was ₹-1.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Equilateral Enterprises 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?
Equilateral Enterprises (BOM:531262) has a Interest Coverage of No Debt (1) as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Equilateral Enterprises and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Equilateral Enterprises' Interest Coverage has ranged from 78.00 to 10,000.00. According to the industry distribution chart, Equilateral Enterprises ranks #999999 out of 831 companies in the Retail - Cyclical industry.
Is Equilateral Enterprises' Interest Coverage too high?
Equilateral Enterprises' 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 78.00 to a high of 10,000.00. Based on the distribution chart, Equilateral Enterprises ranks #999999 out of 831 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Equilateral Enterprises has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Equilateral Enterprises' Interest Coverage compare to TPR?
According to the Retail - Cyclical industry distribution chart, Equilateral Enterprises ranks #999999 out of 831 companies for Interest Coverage. This places Equilateral Enterprises in the lower half of its industry. The industry median Interest Coverage is 7.45. Historically, Equilateral Enterprises' own Interest Coverage has ranged from 78.00 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 Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.45, based on 831 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 Equilateral Enterprises and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equilateral Enterprises'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 Equilateral Enterprises stock overvalued right now?
Equilateral Enterprises (BOM:531262) 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. Equilateral Enterprises' overall GF Score™ is 48/100 with 2 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 Equilateral Enterprises (BOM:531262), the current Interest Coverage is No Debt (1) as of Jun. 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.

Equilateral Enterprises Business Description

Address 801, Shubh Square, lal darwaja, Near Delhi Gate, Surat, GJ, IND, 395003
Equilateral Enterprises Ltd is engaged in trading gems and Jewellery and dealing in Diamonds and colored stones (precious, semi-precious, and synthetic), Pearls, and Jewellery (Plain gold, studded, silver) products. It generates income for the company from diamond trading.
48GF 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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