SK Minerals & Additives (BOM:544584) Interest Coverage: 5.78 (As of Mar. 2026) — 18% Above Median

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BOM:544584 SK Minerals & Additives Ltd BOM:544584
17 GF Score
Price ₹490.90
! 6 Warning Signs
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What is SK Minerals & Additives Interest Coverage?

SK Minerals & Additives BOM:544584 +0.84% 17 Interest Coverage is 5.78 as of Mar. 2026, which is 18% above its 10-year median of 4.90. GuruFocus rates BOM:544584 with a GF Score™ of 17/100. The stock has 6 warning signs investors should review. Among 1,234 Chemicals companies, SK Minerals & Additives ranks worse than 62.72% 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. SK Minerals & Additives's Operating Income for the six months ended in Mar. 2026 was ₹312 Mil. SK Minerals & Additives's Interest Expense for the six months ended in Mar. 2026 was ₹-54 Mil. SK Minerals & Additives's interest coverage for the quarter that ended in Mar. 2026 was 5.78. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for SK Minerals & Additives's Interest Coverage or its related term are showing as below:

BOM:544584' s Interest Coverage Range Over the Past 10 Years
Min: 3.63   Med: 4.9   Max: 5.78
Current: 5.78


BOM:544584's Interest Coverage is ranked worse than
62.72% of 1234 companies
in the Chemicals industry
Industry Median: 10.28 vs BOM:544584: 5.78

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


SK Minerals & Additives  (BOM:544584) 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 .


SK Minerals & Additives Interest Coverage Related Terms


SK Minerals & Additives Interest Coverage Historical Data

* Premium members only.

The historical data trend for SK Minerals & Additives'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.

SK Minerals & Additives Interest Coverage Chart

SK Minerals & Additives Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Interest Coverage
4.52 3.63 5.28 5.78

SK Minerals & Additives Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Interest Coverage 4.52 3.63 5.28 5.78

BOM:544584 vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, SK Minerals & Additives'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.


SK Minerals & Additives Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, SK Minerals & Additives's Interest Coverage distribution charts can be found below:

* The bar in red indicates where SK Minerals & Additives's Interest Coverage falls into.


BOM:544584
17GF Score
SK Minerals & Additives Ltd BOM:544584
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SK Minerals & Additives 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.

SK Minerals & Additives'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, SK Minerals & Additives's Interest Expense was ₹-54 Mil. Its Operating Income was ₹312 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹165 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*312.331/-54.044
=5.78

SK Minerals & Additives's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, SK Minerals & Additives's Interest Expense was ₹-54 Mil. Its Operating Income was ₹312 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹165 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*312.331/-54.044
=5.78

* 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 5.78 mean?
SK Minerals & Additives (BOM:544584) has a Interest Coverage of 5.78 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SK Minerals & Additives and its competitors. This is 18% above median its historical median of 4.90. Over the past decade, SK Minerals & Additives' Interest Coverage has ranged from 3.63 to 5.78. According to the industry distribution chart, SK Minerals & Additives ranks #774 out of 1234 companies in the Chemicals industry, placing it in the top 62.7%.
Is SK Minerals & Additives' Interest Coverage too high?
SK Minerals & Additives' current Interest Coverage of 5.78 is 18% above median its 10-year median of 4.90. Over the past 10 years, this metric has ranged from a low of 3.63 to a high of 5.78. The Chemicals industry median Interest Coverage is 10.28. SK Minerals & Additives' value of 5.78 is 43.8% below this industry median. Based on the distribution chart, SK Minerals & Additives ranks #774 out of 1234 companies in the Chemicals industry, which is below the industry midpoint. Overall, SK Minerals & Additives has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does SK Minerals & Additives' Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, SK Minerals & Additives ranks #774 out of 1234 companies for Interest Coverage. This places SK Minerals & Additives in the lower half of its industry. The industry median Interest Coverage is 10.28. SK Minerals & Additives' value of 5.78 is 43.8% below this benchmark. Historically, SK Minerals & Additives' own Interest Coverage has ranged from 3.63 to 5.78 over the past decade. While the company's 10-year median is 4.90 vs. the industry median of 10.28, SK Minerals & Additives 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.28, based on 1,234 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. SK Minerals & Additives's current Interest Coverage of 5.78 is 43.8% 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 SK Minerals & Additives and its competitors. For the Chemicals industry, the median Interest Coverage is 10.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SK Minerals & Additives's current Interest Coverage is 5.78, which is 18% above median its own 10-year median of 4.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SK Minerals & Additives stock overvalued right now?
SK Minerals & Additives (BOM:544584) has a current Interest Coverage of 5.78. The current Interest Coverage is 5.78, which is 18% above median its 10-year median of 4.90 and 43.8% below the Chemicals industry median of 10.28. SK Minerals & Additives' overall GF Score™ is 17/100 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 SK Minerals & Additives (BOM:544584), the current Interest Coverage is 5.78 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.

SK Minerals & Additives Business Description

Address G.T Road, Satkartar Building, Near Khalsa Petrol Pump, Khanna, Ludhiana, PB, IND, 141401
SK Minerals & Additives Ltd is engaged in the trading and manufacturing of various chemicals and minerals for industries such as Food and Bakery, Animal Feed, Plywood, and Petroleum. Its product portfolio includes Glycinates and EDTAs in variants like Zinc, Copper, and Magnesium, along with Mineral Mixtures, Calcium Propionate, Ferric Pyrophosphate, Technical Grade Urea, Virgin Base Oil, Magnesium Oxide, By-Pass Fat, and others. The company offers products across categories such as Flame Retardant Additives, Feed Additives, Food Additives, and Industrial and Specialty Chemicals. It operates in North America, Latin America, Europe, the Middle East & Africa, and Asia Pacific, with the majority of its revenue coming from the Asia Pacific region.
17GF Score

Get the complete analysis for BOM:544584

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹490.90
Price