Earkart (BOM:544549) Interest Coverage: 30.67 (As of Mar. 2026) — 53% Above Median

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BOM:544549 Earkart Ltd BOM:544549
19 GF Score
Price ₹160.00
! 4 Warning Signs
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What is Earkart Interest Coverage?

Earkart BOM:544549 19 Interest Coverage is 30.67 as of Mar. 2026, which is 53% above its 10-year median of 20.08. GuruFocus rates BOM:544549 with a GF Score™ of 19/100. The stock has 4 warning signs investors should review. Among 466 Medical Devices & Instruments companies, Earkart ranks better than 60.73% 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. Earkart's Operating Income for the six months ended in Mar. 2026 was ₹47.8 Mil. Earkart's Interest Expense for the six months ended in Mar. 2026 was ₹-1.6 Mil. Earkart's interest coverage for the quarter that ended in Mar. 2026 was 30.67. The higher the ratio, the stronger the company's financial strength is.

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

BOM:544549' s Interest Coverage Range Over the Past 10 Years
Min: 14.19   Med: 20.08   Max: 169.22
Current: 30.67


BOM:544549's Interest Coverage is ranked better than
60.73% of 466 companies
in the Medical Devices & Instruments industry
Industry Median: 16.08 vs BOM:544549: 30.67

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


Earkart  (BOM:544549) 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 .


Earkart Interest Coverage Related Terms


Earkart Interest Coverage Historical Data

* Premium members only.

The historical data trend for Earkart'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.

Earkart Interest Coverage Chart

Earkart Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
16.23 169.22 20.08 22.85 14.19

Earkart Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage No Debt No Debt No Debt No Debt 30.67

BOM:544549 vs ABT, SYK, MDT: Interest Coverage Comparison

For the Medical Devices subindustry, Earkart'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.


Earkart Interest Coverage vs Medical Devices & Instruments Industry

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

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


BOM:544549
19GF Score
Earkart Ltd BOM:544549
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Earkart 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.

Earkart'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, Earkart's Interest Expense was ₹-5.4 Mil. Its Operating Income was ₹76.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*76.912/-5.421
=14.19

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

Here, for the six months ended in Mar. 2026, Earkart's Interest Expense was ₹-1.6 Mil. Its Operating Income was ₹47.8 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*47.839/-1.56
=30.67

* 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 30.67 mean?
Earkart (BOM:544549) has a Interest Coverage of 30.67 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Earkart and its competitors. This is 53% above median its historical median of 20.08. Over the past decade, Earkart's Interest Coverage has ranged from 14.19 to 169.22. According to the industry distribution chart, Earkart ranks #183 out of 466 companies in the Medical Devices & Instruments industry, placing it in the top 39.3%.
Is Earkart's Interest Coverage too high?
Earkart's current Interest Coverage of 30.67 is 53% above median its 10-year median of 20.08. Over the past 10 years, this metric has ranged from a low of 14.19 to a high of 169.22. The Medical Devices & Instruments industry median Interest Coverage is 16.08. Earkart's value of 30.67 is 90.7% above this industry median. Based on the distribution chart, Earkart ranks #183 out of 466 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Earkart has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Earkart's Interest Coverage compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Earkart ranks #183 out of 466 companies for Interest Coverage. This puts Earkart in the upper half of its industry. The industry median Interest Coverage is 16.08. Earkart's value of 30.67 is 90.7% above this benchmark. Historically, Earkart's own Interest Coverage has ranged from 14.19 to 169.22 over the past decade. While the company's 10-year median is 20.08 vs. the industry median of 16.08, Earkart 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 Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 16.08, based on 466 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. Earkart's current Interest Coverage of 30.67 is 90.7% 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 Earkart and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 16.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Earkart's current Interest Coverage is 30.67, which is 53% above median its own 10-year median of 20.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Earkart stock overvalued right now?
Earkart (BOM:544549) has a current Interest Coverage of 30.67. The current Interest Coverage is 30.67, which is 53% above median its 10-year median of 20.08 and 90.7% above the Medical Devices & Instruments industry median of 16.08. Earkart's overall GF Score™ is 19/100 with 4 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 Earkart (BOM:544549), the current Interest Coverage is 30.67 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.

Earkart Business Description

Address Street No. 6, Shop No. 8-P, Vasundhara Enclave, East Delhi, Delhi, IND, 110096
Earkart Ltd is a hearing care company based in India that manufactures and distributes modern hearing aids and related accessories at affordable prices. The company also trades in hearing aids and parts from both Indian and foreign brands. Earkart has expanded its product range to include mobility aids like adjustable foldable walkers and therapy kits for children with disabilities. It developed a remote audiometry machine operated by audiologists to facilitate hearing tests remotely, improving access to hearing care services across India. Earkart operates through a wide network of clinics and hearing solution dispensers, blending manufacturing with a customer-focused approach to reach underserved regions.
19GF 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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