GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Endurance Technologies Ltd (BOM:540153) » Definitions » Interest Coverage

Endurance Technologies (BOM:540153) Interest Coverage : 22.43 (As of Mar. 2025)


View and export this data going back to 2016. Start your Free Trial

What is Endurance Technologies Interest Coverage?

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. Endurance Technologies's Operating Income for the three months ended in Mar. 2025 was ₹2,800 Mil. Endurance Technologies's Interest Expense for the three months ended in Mar. 2025 was ₹-125 Mil. Endurance Technologies's interest coverage for the quarter that ended in Mar. 2025 was 22.43. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Endurance Technologies's Interest Coverage or its related term are showing as below:

BOM:540153' s Interest Coverage Range Over the Past 10 Years
Min: 10.89   Med: 29.85   Max: 103.31
Current: 21.63


BOM:540153's Interest Coverage is ranked better than
70.44% of 1042 companies
in the Vehicles & Parts industry
Industry Median: 8.055 vs BOM:540153: 21.63

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


Endurance Technologies Interest Coverage Historical Data

The historical data trend for Endurance Technologies'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.

* Premium members only.

Endurance Technologies Interest Coverage Chart

Endurance Technologies Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.77 103.31 31.40 20.02 21.63

Endurance Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 20.25 21.84 21.63 20.55 22.43

Competitive Comparison of Endurance Technologies's Interest Coverage

For the Auto Parts subindustry, Endurance Technologies'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.


Endurance Technologies's Interest Coverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Endurance Technologies's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Endurance Technologies's Interest Coverage falls into.


;
;

Endurance Technologies 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.

Endurance Technologies's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Endurance Technologies's Interest Expense was ₹-468 Mil. Its Operating Income was ₹10,124 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹6,232 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*10123.71/-468.11
=21.63

Endurance Technologies's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Endurance Technologies's Interest Expense was ₹-125 Mil. Its Operating Income was ₹2,800 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹6,232 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*2800.47/-124.86
=22.43

* 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.


Endurance Technologies  (BOM:540153) 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 .


Endurance Technologies Interest Coverage Related Terms

Thank you for viewing the detailed overview of Endurance Technologies's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Endurance Technologies Business Description

Traded in Other Exchanges
Address
Plot No. E-92, MIDC Industrial Area, Waluj, Chhatrapati Sambhajinagar, MH, IND, 431136
Endurance Technologies Ltd is an automotive component manufacturing company. The company manufactures and sells aluminium die-casting, suspension, transmission, battery management systems, and braking products. Some of its products include high-pressure and low-pressure die castings, shock absorbers, front forks, clutch assemblies, cork, and paper-based friction plates, Continuous Variable Transmission (CVT), hydraulic disc brakes, hydraulic drum brakes, and others. Geographically, it derives a majority of its revenue from India and also has a presence outside India across countries like Italy, Germany, and Tunisia.

Endurance Technologies Headlines

No Headlines