Three M Paper Boards (BOM:544214) Interest Coverage: 2.00 (As of Mar. 2026) — 14% Above Median

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BOM:544214 Three M Paper Boards Ltd BOM:544214
29 GF Score
Price ₹23.95
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What is Three M Paper Boards Interest Coverage?

Three M Paper Boards BOM:544214 -1.80% 29 Interest Coverage is 2.00 as of Mar. 2026, which is 14% above its 10-year median of 1.75. GuruFocus rates BOM:544214 with a GF Score™ of 29/100. The stock has 6 warning signs investors should review. Among 186 Forest Products companies, Three M Paper Boards ranks worse than 77.96% 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. Three M Paper Boards's Operating Income for the six months ended in Mar. 2026 was ₹66 Mil. Three M Paper Boards's Interest Expense for the six months ended in Mar. 2026 was ₹-33 Mil. Three M Paper Boards's interest coverage for the quarter that ended in Mar. 2026 was 2.00. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Three M Paper Boards's Interest Coverage or its related term are showing as below:

BOM:544214' s Interest Coverage Range Over the Past 10 Years
Min: 1.47   Med: 1.75   Max: 2.51
Current: 1.47


BOM:544214's Interest Coverage is ranked worse than
77.96% of 186 companies
in the Forest Products industry
Industry Median: 3.855 vs BOM:544214: 1.47

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


Three M Paper Boards  (BOM:544214) 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 .


Three M Paper Boards Interest Coverage Related Terms


Three M Paper Boards Interest Coverage Historical Data

* Premium members only.

The historical data trend for Three M Paper Boards'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.

Three M Paper Boards Interest Coverage Chart

Three M Paper Boards Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 1.56 1.51 2.51 2.47 1.47

Three M Paper Boards Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only 3.25 2.35 2.56 0.95 2.00

Three M Paper Boards Interest Coverage Competitor Comparison

For the Paper & Paper Products subindustry, Three M Paper Boards'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.


Three M Paper Boards Interest Coverage vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Three M Paper Boards's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Three M Paper Boards's Interest Coverage falls into.


BOM:544214
29GF Score
Three M Paper Boards Ltd BOM:544214
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Three M Paper Boards 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.

Three M Paper Boards'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, Three M Paper Boards's Interest Expense was ₹-66 Mil. Its Operating Income was ₹97 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹211 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*97.155/-65.941
=1.47

Three M Paper Boards's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Three M Paper Boards's Interest Expense was ₹-33 Mil. Its Operating Income was ₹66 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹211 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*65.941/-33.039
=2.00

* 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 2.00 mean?
Three M Paper Boards (BOM:544214) has a Interest Coverage of 2.00 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Three M Paper Boards and its competitors. This is 14% above median its historical median of 1.75. Over the past decade, Three M Paper Boards' Interest Coverage has ranged from 1.47 to 2.51. According to the industry distribution chart, Three M Paper Boards ranks #145 out of 186 companies in the Forest Products industry, placing it in the top 78%.
Is Three M Paper Boards' Interest Coverage too high?
Three M Paper Boards' current Interest Coverage of 2.00 is 14% above median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 1.47 to a high of 2.51. The Forest Products industry median Interest Coverage is 3.86. Three M Paper Boards' value of 2.00 is 48.1% below this industry median. Based on the distribution chart, Three M Paper Boards ranks #145 out of 186 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Three M Paper Boards has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Three M Paper Boards' Interest Coverage compare to competitors?
According to the Forest Products industry distribution chart, Three M Paper Boards ranks #145 out of 186 companies for Interest Coverage. This places Three M Paper Boards in the lower half of its industry. The industry median Interest Coverage is 3.86. Three M Paper Boards' value of 2.00 is 48.1% below this benchmark. Historically, Three M Paper Boards' own Interest Coverage has ranged from 1.47 to 2.51 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 3.86, Three M Paper Boards 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 Forest Products company?
The median Interest Coverage among Forest Products companies is 3.86, based on 186 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. Three M Paper Boards's current Interest Coverage of 2.00 is 48.1% 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 Three M Paper Boards and its competitors. For the Forest Products industry, the median Interest Coverage is 3.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Three M Paper Boards's current Interest Coverage is 2.00, which is 14% above median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Three M Paper Boards stock overvalued right now?
Three M Paper Boards (BOM:544214) has a current Interest Coverage of 2.00. The current Interest Coverage is 2.00, which is 14% above median its 10-year median of 1.75 and 48.1% below the Forest Products industry median of 3.86. Three M Paper Boards' overall GF Score™ is 29/100 with 6 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 Three M Paper Boards (BOM:544214), the current Interest Coverage is 2.00 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.

Three M Paper Boards Business Description

Address 5-B Naigaon Cross Road, A33 & 34, Floor-2, Royal Industrial Estate, Wadala, Mumbai, MH, IND, 400031
Three M Paper Boards Ltd is engaged in the business of manufacturing recycled paper-based Duplex Board products used in various packaging applications across industries such as food and beverage, pharmaceuticals, cosmetics, and consumer goods and supplies. The products are made out of recycled waste paper and are completely biodegradable. Its products include Royal WB, Royal GB, and Prima GB. The company is also engaged in the activity of generation of Wind Energy.
29GF 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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