GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Shelter Pharma Ltd (BOM:543963) » Definitions » Interest Coverage

Shelter Pharma (BOM:543963) Interest Coverage : 86.07 (As of Mar. 2025)


View and export this data going back to 2023. Start your Free Trial

What is Shelter Pharma 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. Shelter Pharma's Operating Income for the six months ended in Mar. 2025 was ₹50.0 Mil. Shelter Pharma's Interest Expense for the six months ended in Mar. 2025 was ₹-0.6 Mil. Shelter Pharma's interest coverage for the quarter that ended in Mar. 2025 was 86.07. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shelter Pharma Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

BOM:543963' s Interest Coverage Range Over the Past 10 Years
Min: 4.23   Med: 61.41   Max: 1492
Current: 76.8


BOM:543963's Interest Coverage is ranked better than
76.95% of 655 companies
in the Drug Manufacturers industry
Industry Median: 11.83 vs BOM:543963: 76.80

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


Shelter Pharma Interest Coverage Historical Data

The historical data trend for Shelter Pharma'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.

Shelter Pharma Interest Coverage Chart

Shelter Pharma Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial 4.23 46.01 1,492.00 178.66 76.80

Shelter Pharma Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only - 89.38 N/A 69.04 86.07

Competitive Comparison of Shelter Pharma's Interest Coverage

For the Drug Manufacturers - Specialty & Generic subindustry, Shelter Pharma'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.


Shelter Pharma's Interest Coverage Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Shelter Pharma's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shelter Pharma's Interest Coverage falls into.


;
;

Shelter Pharma 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.

Shelter Pharma'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, Shelter Pharma's Interest Expense was ₹-1.3 Mil. Its Operating Income was ₹98.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹9.3 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*97.992/-1.276
=76.80

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

Here, for the six months ended in Mar. 2025, Shelter Pharma's Interest Expense was ₹-0.6 Mil. Its Operating Income was ₹50.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹9.3 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*50.007/-0.581
=86.07

* 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.


Shelter Pharma  (BOM:543963) 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 .


Shelter Pharma Interest Coverage Related Terms

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


Shelter Pharma Business Description

Traded in Other Exchanges
N/A
Address
Opp. MJ Library Ashram Road, 5th Floor, 501 Sakar 4, Paldi, Ellisbridge, Ahmedabad, GJ, IND, 380006
Shelter Pharma Ltd focuses in manufacturing herbal products with a well-built presence in Human Pharma as well as the Veterinary space. It is present in most of the non-critical segments of human and veterinary pharma through its well-spread portfolio. Its products include tablets, syrups, baby drops, barley water, oils, powders, ointments, etc.

Shelter Pharma Headlines

No Headlines