Noble Polymers (BOM:539200) Interest Coverage: No Debt (1) (As of Jun. 2026)

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BOM:539200 Noble Polymers Ltd BOM:539200
21 GF Score
Price ₹13.41
! 3 Warning Signs
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What is Noble Polymers Interest Coverage?

Noble Polymers BOM:539200 +1.98% 21 Interest Coverage is No Debt (1) as of Jun. 2026. GuruFocus rates BOM:539200 with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 330 Packaging & Containers companies, Noble Polymers ranks worse than 303030% 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. Noble Polymers's Operating Income for the three months ended in Jun. 2026 was ₹9.3 Mil. Noble Polymers's Interest Expense for the three months ended in Jun. 2026 was ₹0.0 Mil. Noble Polymers 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 Noble Polymers's Interest Coverage or its related term are showing as below:


BOM:539200's Interest Coverage is not ranked *
in the Packaging & Containers industry.
Industry Median: 6.075
* 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.


Noble Polymers  (BOM:539200) 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 .


Noble Polymers Interest Coverage Related Terms


Noble Polymers Interest Coverage Historical Data

* Premium members only.

The historical data trend for Noble Polymers'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.

Noble Polymers Interest Coverage Chart

Noble Polymers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Noble Polymers Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Mar23 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:539200 vs SW, AMCR, PKG: Interest Coverage Comparison

For the Packaging & Containers subindustry, Noble Polymers'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.


Noble Polymers Interest Coverage vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Noble Polymers's Interest Coverage distribution charts can be found below:

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


BOM:539200
21GF Score
Noble Polymers Ltd BOM:539200
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Noble Polymers 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.

Noble Polymers'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, Noble Polymers's Interest Expense was ₹-0.0 Mil. Its Operating Income was ₹-19.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹4.0 Mil.

Noble Polymers did not have earnings to cover the interest expense.

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

Here, for the three months ended in Jun. 2026, Noble Polymers's Interest Expense was ₹0.0 Mil. Its Operating Income was ₹9.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Noble Polymers 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?
Noble Polymers (BOM:539200) 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 Noble Polymers and its competitors. According to the industry distribution chart, Noble Polymers ranks #999999 out of 330 companies in the Packaging & Containers industry.
Is Noble Polymers' Interest Coverage too high?
Noble Polymers' current Interest Coverage is No Debt (1). Based on the distribution chart, Noble Polymers ranks #999999 out of 330 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Noble Polymers has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Noble Polymers' Interest Coverage compare to SW and AMCR?
According to the Packaging & Containers industry distribution chart, Noble Polymers ranks #999999 out of 330 companies for Interest Coverage. This places Noble Polymers in the lower half of its industry. The industry median Interest Coverage is 6.08. 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 Packaging & Containers company?
The median Interest Coverage among Packaging & Containers companies is 6.08, based on 330 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 Noble Polymers and its competitors. For the Packaging & Containers industry, the median Interest Coverage is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noble Polymers'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 Noble Polymers stock overvalued right now?
Noble Polymers (BOM:539200) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). Noble Polymers' overall GF Score™ is 21/100 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 Noble Polymers (BOM:539200), 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.

Noble Polymers Business Description

Address Ashram Road, Behind Town Hall, 10, Ankur Complex, Ellisbridge, Ahmedabad, GJ, IND, 380006
Noble Polymers Ltd is engaged in trading plastic goods in India. Principally, it is involved in the business of manufacturing, processing, and supplying all kinds of plastic materials and its by-products. The company offers polyethylene terephthalate jars, polyvinyl chloride bottles, and all kind of baby products, toiletry and packaging items, plastic containers, household articles, pipes, hoses, and other plastic products. The plastic material products are used by various industrialist, manufacturer, trader, and businessman and by local public.
21GF 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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