Simplex Papers (BOM:533019) Interest Coverage: No Debt (1) (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:533019 Simplex Papers Ltd BOM:533019
8 GF Score
Price ₹1,315.00
! 1 Warning Sign
View Full Analysis

What is Simplex Papers Interest Coverage?

Simplex Papers BOM:533019 +1.39% 8 Interest Coverage is No Debt (1) as of Jun. 2026. GuruFocus rates BOM:533019 with a GF Score™ of 8/100. The stock has 1 warning sign investors should review. Among 184 Forest Products companies, Simplex Papers ranks better than 99.46% 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. Simplex Papers's Operating Income for the three months ended in Jun. 2026 was ₹-0.30 Mil. Simplex Papers's Interest Expense for the three months ended in Jun. 2026 was ₹0.00 Mil. Simplex Papers 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 Simplex Papers's Interest Coverage or its related term are showing as below:

BOM:533019' s Interest Coverage Range Over the Past 10 Years
Min: 0   Med: 0   Max: No Debt
Current: No Debt


BOM:533019's Interest Coverage is ranked better than
99.46% of 184 companies
in the Forest Products industry
Industry Median: 4.27 vs BOM:533019: No Debt

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


Simplex Papers  (BOM:533019) 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 .


Simplex Papers Interest Coverage Related Terms


Simplex Papers Interest Coverage Historical Data

* Premium members only.

The historical data trend for Simplex Papers'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.

Simplex Papers Interest Coverage Chart

Simplex Papers 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 0.00 0.00 0.00 0.00 0.00

Simplex Papers 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 No Debt No Debt No Debt No Debt

Simplex Papers Interest Coverage Competitor Comparison

For the Paper & Paper Products subindustry, Simplex Papers'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.


Simplex Papers Interest Coverage vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Simplex Papers's Interest Coverage distribution charts can be found below:

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


BOM:533019
8GF Score
Simplex Papers Ltd BOM:533019
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Simplex Papers 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.

Simplex Papers'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, Simplex Papers's Interest Expense was ₹-0.00 Mil. Its Operating Income was ₹-1.15 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Simplex Papers did not have earnings to cover the interest expense.

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

Here, for the three months ended in Jun. 2026, Simplex Papers's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-0.30 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Simplex Papers 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?
Simplex Papers (BOM:533019) 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 Simplex Papers and its competitors. According to the industry distribution chart, Simplex Papers ranks #1 out of 184 companies in the Forest Products industry, placing it in the top 0.5%.
Is Simplex Papers' Interest Coverage too high?
Simplex Papers' current Interest Coverage is No Debt (1). Based on the distribution chart, Simplex Papers ranks #1 out of 184 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Simplex Papers has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Simplex Papers' Interest Coverage compare to competitors?
According to the Forest Products industry distribution chart, Simplex Papers ranks #1 out of 184 companies for Interest Coverage. This places Simplex Papers in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.27. 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 a Forest Products company?
The median Interest Coverage among Forest Products companies is 4.27, based on 184 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 Simplex Papers and its competitors. For the Forest Products industry, the median Interest Coverage is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Simplex Papers's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Simplex Papers stock overvalued right now?
Simplex Papers (BOM:533019) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). Simplex Papers' overall GF Score™ is 8/100 with 1 warning sign 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 Simplex Papers (BOM:533019), 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.

Simplex Papers Business Description

Address 30, Keshavrao Khadye Marg, Sant Gadge Maharaj Chowk, Mahalaxmi (East), Mumbai, MH, IND, 400 011
Simplex Papers Ltd is an India-based company engaged in the business of wholesale of paper in bulk. The company only operating segment being Trading in paper products. It deals with different types of papers such as Paperboard, Craft paper, and others. The company's operations are located in India.
8GF Score

Get the complete analysis for BOM:533019

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

₹1,315.00
Price