Avax Apparels And OrnamentsBOM:544337 -2.18%18 Interest Coverage is 14.23 as of Mar. 2026, which is 65% below its 10-year median of 40.96. GuruFocus rates BOM:544337 with a GF Score™ of 18/100. The stock has 6 warning signs investors should review. Among 739 Manufacturing - Apparel & Accessories companies, Avax Apparels And Ornaments ranks better than 69.82% 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. Avax Apparels And Ornaments's
Operating Income
for the
six
months ended in Mar. 2026 was ₹26.4 Mil. Avax Apparels And Ornaments's Interest Expense for the
six
months ended in Mar. 2026 was ₹-1.9 Mil.
Avax Apparels And Ornaments's interest coverage for the quarter that ended in Mar. 2026 was 14.23.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Avax Apparels And Ornaments's Interest Coverage or its related term are showing as below:
BOM:544337'
s Interest Coverage Range Over the Past 10 Years
Min: 15.19 Med: 40.96 Max: No Debt
Current: 15.82
BOM:544337's Interest Coverage is ranked better than 69.82% of 739
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43
vs BOM:544337: 15.82
Avax Apparels And Ornaments (BOM:544337) 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 .
Avax Apparels And Ornaments Interest Coverage Related Terms
Avax Apparels And Ornaments Interest Coverage Historical Data
* 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.
Avax Apparels And Ornaments Interest Coverage Chart
BOM:544337 vs RL, LEVI, VFC: Interest Coverage Comparison
For the Apparel Manufacturing subindustry, Avax Apparels And Ornaments'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.
Avax Apparels And Ornaments Interest Coverage vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Avax Apparels And Ornaments's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Avax Apparels And Ornaments's Interest Coverage falls into.
Avax Apparels And Ornaments 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:
* 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.
Avax Apparels And Ornaments (BOM:544337) has a Interest Coverage of 14.23 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Avax Apparels And Ornaments and its competitors. This is 65% below median its historical median of 40.96. Over the past decade, Avax Apparels And Ornaments' Interest Coverage has ranged from 15.19 to 10,000.00. According to the industry distribution chart, Avax Apparels And Ornaments ranks #223 out of 739 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 30.2%.
Is Avax Apparels And Ornaments' Interest Coverage too high?
Avax Apparels And Ornaments' current Interest Coverage of 14.23 is 65% below median its 10-year median of 40.96. Over the past 10 years, this metric has ranged from a low of 15.19 to a high of 10,000.00. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.43. Avax Apparels And Ornaments' value of 14.23 is 162.1% above this industry median. Based on the distribution chart, Avax Apparels And Ornaments ranks #223 out of 739 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Avax Apparels And Ornaments has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Avax Apparels And Ornaments' Interest Coverage compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Avax Apparels And Ornaments ranks #223 out of 739 companies for Interest Coverage. This puts Avax Apparels And Ornaments in the upper half of its industry. The industry median Interest Coverage is 5.43. Avax Apparels And Ornaments' value of 14.23 is 162.1% above this benchmark. Historically, Avax Apparels And Ornaments' own Interest Coverage has ranged from 15.19 to 10,000.00 over the past decade. While the company's 10-year median is 40.96 vs. the industry median of 5.43, Avax Apparels And Ornaments 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 a Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.43, based on 739 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. Avax Apparels And Ornaments's current Interest Coverage of 14.23 is 162.1% 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 Avax Apparels And Ornaments and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avax Apparels And Ornaments's current Interest Coverage is 14.23, which is 65% below median its own 10-year median of 40.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avax Apparels And Ornaments stock overvalued right now?
Avax Apparels And Ornaments (BOM:544337) has a current Interest Coverage of 14.23. The current Interest Coverage is 14.23, which is 65% below median its 10-year median of 40.96 and 162.1% above the Manufacturing - Apparel & Accessories industry median of 5.43. Avax Apparels And Ornaments' overall GF Score™ is 18/100 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 Avax Apparels And Ornaments (BOM:544337), the current Interest Coverage is 14.23 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.
Avax Apparels And Ornaments Ltd engages in two distinct lines of business: Wholesale trading and Online retail of silver ornaments. Wholesale trading engages in the trading of knitted cloth. The company buys from manufacturers and supplies wholesale to companies and readymade garment manufacturers in Punjab. The company specializes in knitted cloth, which is used for manufacturing ladies' and gents' jackets. Online retail silver ornaments business which includes a range of designs and articles with a choice of the weight of products. The company has two segments namely; Knitted Clothes and Online Retail Sale - silver ornament. The company generates the majority of its revenue from the Knitted Clothes segment.
18GF Score
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