Forbes Precision Tools and Machine Parts (BOM:544186) Interest Coverage: 35.78 (As of Mar. 2026) — Near Median

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BOM:544186 Forbes Precision Tools and Machine Parts Ltd BOM:544186
18 GF Score
Price ₹134.30
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What is Forbes Precision Tools and Machine Parts Interest Coverage?

Forbes Precision Tools and Machine Parts BOM:544186 -2.65% 18 Interest Coverage is 35.78 as of Mar. 2026, which is 1% above its 10-year median of 35.32. GuruFocus rates BOM:544186 with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 2,323 Industrial Products companies, Forbes Precision Tools and Machine Parts ranks better than 58.67% 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. Forbes Precision Tools and Machine Parts's Operating Income for the three months ended in Mar. 2026 was ₹143 Mil. Forbes Precision Tools and Machine Parts's Interest Expense for the three months ended in Mar. 2026 was ₹-4 Mil. Forbes Precision Tools and Machine Parts's interest coverage for the quarter that ended in Mar. 2026 was 35.78. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Forbes Precision Tools and Machine Parts's Interest Coverage or its related term are showing as below:

BOM:544186' s Interest Coverage Range Over the Past 10 Years
Min: 22.54   Med: 35.32   Max: No Debt
Current: 22.54


BOM:544186's Interest Coverage is ranked better than
58.67% of 2323 companies
in the Industrial Products industry
Industry Median: 14.8 vs BOM:544186: 22.54

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


Forbes Precision Tools and Machine Parts  (BOM:544186) 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 .


Forbes Precision Tools and Machine Parts Interest Coverage Related Terms


Forbes Precision Tools and Machine Parts Interest Coverage Historical Data

* Premium members only.

The historical data trend for Forbes Precision Tools and Machine Parts'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.

Forbes Precision Tools and Machine Parts Interest Coverage Chart

Forbes Precision Tools and Machine Parts Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Interest Coverage
No Debt 35.40 35.24 23.56

Forbes Precision Tools and Machine Parts Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.11 10.36 28.89 17.64 35.78

BOM:544186 vs SNA, RBC, LECO: Interest Coverage Comparison

For the Tools & Accessories subindustry, Forbes Precision Tools and Machine Parts'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.


Forbes Precision Tools and Machine Parts Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Forbes Precision Tools and Machine Parts's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Forbes Precision Tools and Machine Parts's Interest Coverage falls into.


BOM:544186
18GF Score
Forbes Precision Tools and Machine Parts Ltd BOM:544186
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Forbes Precision Tools and Machine Parts 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.

Forbes Precision Tools and Machine Parts'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, Forbes Precision Tools and Machine Parts's Interest Expense was ₹-17 Mil. Its Operating Income was ₹391 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹109 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*391.279/-16.607
=23.56

Forbes Precision Tools and Machine Parts's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Forbes Precision Tools and Machine Parts's Interest Expense was ₹-4 Mil. Its Operating Income was ₹143 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹109 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*143.1/-4
=35.78

* 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 35.78 mean?
Forbes Precision Tools and Machine Parts (BOM:544186) has a Interest Coverage of 35.78 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Forbes Precision Tools and Machine Parts and its competitors. This is near median its historical median of 35.32. Over the past decade, Forbes Precision Tools and Machine Parts' Interest Coverage has ranged from 22.54 to 10,000.00. According to the industry distribution chart, Forbes Precision Tools and Machine Parts ranks #960 out of 2323 companies in the Industrial Products industry, placing it in the top 41.3%.
Is Forbes Precision Tools and Machine Parts' Interest Coverage too high?
Forbes Precision Tools and Machine Parts' current Interest Coverage of 35.78 is near median its 10-year median of 35.32. Over the past 10 years, this metric has ranged from a low of 22.54 to a high of 10,000.00. The Industrial Products industry median Interest Coverage is 14.80. Forbes Precision Tools and Machine Parts' value of 35.78 is 141.8% above this industry median. Based on the distribution chart, Forbes Precision Tools and Machine Parts ranks #960 out of 2323 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Forbes Precision Tools and Machine Parts has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Forbes Precision Tools and Machine Parts' Interest Coverage compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Forbes Precision Tools and Machine Parts ranks #960 out of 2323 companies for Interest Coverage. This puts Forbes Precision Tools and Machine Parts in the upper half of its industry. The industry median Interest Coverage is 14.80. Forbes Precision Tools and Machine Parts' value of 35.78 is 141.8% above this benchmark. Historically, Forbes Precision Tools and Machine Parts' own Interest Coverage has ranged from 22.54 to 10,000.00 over the past decade. While the company's 10-year median is 35.32 vs. the industry median of 14.80, Forbes Precision Tools and Machine Parts has consistently been above 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.80, based on 2,323 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. Forbes Precision Tools and Machine Parts's current Interest Coverage of 35.78 is 141.8% above 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 Forbes Precision Tools and Machine Parts and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forbes Precision Tools and Machine Parts's current Interest Coverage is 35.78, which is near median its own 10-year median of 35.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forbes Precision Tools and Machine Parts stock overvalued right now?
Forbes Precision Tools and Machine Parts (BOM:544186) has a current Interest Coverage of 35.78. The current Interest Coverage is 35.78, which is near median its 10-year median of 35.32 and 141.8% above the Industrial Products industry median of 14.80. Forbes Precision Tools and Machine Parts' overall GF Score™ is 18/100 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 Forbes Precision Tools and Machine Parts (BOM:544186), the current Interest Coverage is 35.78 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.

Forbes Precision Tools and Machine Parts Business Description

Address Charanjit Rai Marg, Forbes Building, Mumbai, MH, IND, 400001
Forbes Precision Tools and Machine Parts Ltd manufactures precision cutting tools and related components. The products offered by the company include taps, carbon and/or steel taps, drills, rotary burrs, tools, threading tools, grinding tools, measuring tools, hand tools, and precision tools. The principal geographical area in which the company operates is India.
18GF Score

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