Adeshwar Meditex (BOM:543309) Interest Coverage: 4.08 (As of Mar. 2026) — 70% Above Median

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BOM:543309 Adeshwar Meditex Ltd BOM:543309
63 GF Score
Price ₹16.30
GF Value ₹15.09
Valuation Fairly Valued
! 7 Warning Signs
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What is Adeshwar Meditex Interest Coverage?

Adeshwar Meditex BOM:543309 63 Interest Coverage is 4.08 as of Mar. 2026, which is 70% above its 10-year median of 2.40. GuruFocus rates BOM:543309 with a GF Score™ of 63/100 and a GF Value™ of ₹15.09 (Fairly Valued). The stock has 7 warning signs investors should review. Among 463 Medical Devices & Instruments companies, Adeshwar Meditex ranks worse than 81.43% 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. Adeshwar Meditex's Operating Income for the six months ended in Mar. 2026 was ₹10.1 Mil. Adeshwar Meditex's Interest Expense for the six months ended in Mar. 2026 was ₹-2.5 Mil. Adeshwar Meditex's interest coverage for the quarter that ended in Mar. 2026 was 4.08. The higher the ratio, the stronger the company's financial strength is.

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

BOM:543309' s Interest Coverage Range Over the Past 10 Years
Min: 1.55   Med: 2.4   Max: 3.83
Current: 3.83


BOM:543309's Interest Coverage is ranked worse than
81.43% of 463 companies
in the Medical Devices & Instruments industry
Industry Median: 16.09 vs BOM:543309: 3.83

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


Adeshwar Meditex  (BOM:543309) 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 .


Adeshwar Meditex Interest Coverage Related Terms


Adeshwar Meditex Interest Coverage Historical Data

* Premium members only.

The historical data trend for Adeshwar Meditex'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.

Adeshwar Meditex Interest Coverage Chart

Adeshwar Meditex Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 1.55 2.40 2.66 2.90 3.83

Adeshwar Meditex Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 3.84 2.48 6.37 3.66 4.08

BOM:543309 vs ISRG, BDX, MDLN: Interest Coverage Comparison

For the Medical Instruments & Supplies subindustry, Adeshwar Meditex'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.


Adeshwar Meditex Interest Coverage vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Adeshwar Meditex's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Adeshwar Meditex's Interest Coverage falls into.


BOM:543309
63GF Score
Adeshwar Meditex Ltd BOM:543309
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adeshwar Meditex 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.

Adeshwar Meditex'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, Adeshwar Meditex's Interest Expense was ₹-6.1 Mil. Its Operating Income was ₹23.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹16.5 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*23.383/-6.102
=3.83

Adeshwar Meditex's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Adeshwar Meditex's Interest Expense was ₹-2.5 Mil. Its Operating Income was ₹10.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹16.5 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*10.118/-2.477
=4.08

* 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 4.08 mean?
Adeshwar Meditex (BOM:543309) has a Interest Coverage of 4.08 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Adeshwar Meditex and its competitors. This is 70% above median its historical median of 2.40. Over the past decade, Adeshwar Meditex's Interest Coverage has ranged from 1.55 to 3.83. According to the industry distribution chart, Adeshwar Meditex ranks #377 out of 463 companies in the Medical Devices & Instruments industry, placing it in the top 81.4%.
Is Adeshwar Meditex's Interest Coverage too high?
Adeshwar Meditex's current Interest Coverage of 4.08 is 70% above median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 1.55 to a high of 3.83. The Medical Devices & Instruments industry median Interest Coverage is 16.09. Adeshwar Meditex's value of 4.08 is 74.6% below this industry median. Based on the distribution chart, Adeshwar Meditex ranks #377 out of 463 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Adeshwar Meditex has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Adeshwar Meditex's Interest Coverage compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Adeshwar Meditex ranks #377 out of 463 companies for Interest Coverage. This places Adeshwar Meditex in the lower half of its industry. The industry median Interest Coverage is 16.09. Adeshwar Meditex's value of 4.08 is 74.6% below this benchmark. Historically, Adeshwar Meditex's own Interest Coverage has ranged from 1.55 to 3.83 over the past decade. While the company's 10-year median is 2.40 vs. the industry median of 16.09, Adeshwar Meditex has consistently been below the industry average. 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 Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 16.09, based on 463 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. Adeshwar Meditex's current Interest Coverage of 4.08 is 74.6% below the industry median. 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 Adeshwar Meditex and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 16.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adeshwar Meditex's current Interest Coverage is 4.08, which is 70% above median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adeshwar Meditex stock overvalued right now?
Based on GuruFocus' analysis, Adeshwar Meditex (BOM:543309) is currently considered Fairly Valued. The stock's GF Value™ is ₹15.09, compared to a current price of ₹16.30 — trading 8% above its estimated fair value. The current Interest Coverage is 4.08, which is 70% above median its 10-year median of 2.40 and 74.6% below the Medical Devices & Instruments industry median of 16.09. Adeshwar Meditex's overall GF Score™ is 63/100 with 7 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 Adeshwar Meditex (BOM:543309), the current Interest Coverage is 4.08 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 Adeshwar Meditex (BOM:543309) Overvalued in 2026?

Based on GuruFocus' analysis, Adeshwar Meditex stock appears to be overvalued. The current stock price of ₹16.30 is trading 8% above its estimated GF Value™ of ₹15.09. GuruFocus considers Adeshwar Meditex to be Fairly Valued.

Key valuation signals for BOM:543309:

  • Interest Coverage: 4.08 (70% above median its 10-year median of 2.40)
  • GF Value™: ₹15.09 vs. price of ₹16.30 (8% above fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 74.6% below the Medical Devices & Instruments median (#377 of 463)

No single metric tells the full story. See the BOM:543309 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adeshwar Meditex Business Description

Address Marol Maroshi Road, Gala 111 Lok Centre, Andheri East, Marol Naka, Mumbai, MH, IND, 400059
Adeshwar Meditex Ltd is engaged in manufacturing surgical dressings and external preparations products such as Sterile surgical wound dressing, Combine dressing, Gauze Dressing and Cotton Products, Medical Bandages and Plaster, Antiseptics / Disinfectants, and others.
63GF Score

Get the complete analysis for BOM:543309

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

₹16.30
Price
₹15.09
GF Value