Highness Microelectronics (BOM:544741) Interest Coverage: 8.44 (As of Mar. 2025) — Near Median

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BOM:544741 Highness Microelectronics Ltd BOM:544741
18 GF Score
Price ₹182.50
! 8 Warning Signs
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What is Highness Microelectronics Interest Coverage?

Highness Microelectronics BOM:544741 +1.39% 18 Interest Coverage is 8.44 as of Mar. 2025, which is at its 10-year median of 8.44. GuruFocus rates BOM:544741 with a GF Score™ of 18/100. The stock has 8 warning signs investors should review. Among 1,669 Hardware companies, Highness Microelectronics ranks worse than 62.67% 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. Highness Microelectronics's Operating Income for the six months ended in Mar. 2025 was ₹37.5 Mil. Highness Microelectronics's Interest Expense for the six months ended in Mar. 2025 was ₹-4.4 Mil. Highness Microelectronics's interest coverage for the quarter that ended in Mar. 2025 was 8.44. The higher the ratio, the stronger the company's financial strength is.

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

BOM:544741' s Interest Coverage Range Over the Past 10 Years
Min: 3.43   Med: 8.44   Max: 18.63
Current: 8.44


BOM:544741's Interest Coverage is ranked worse than
62.67% of 1669 companies
in the Hardware industry
Industry Median: 14.26 vs BOM:544741: 8.44

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


Highness Microelectronics  (BOM:544741) 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 .


Highness Microelectronics Interest Coverage Related Terms


Highness Microelectronics Interest Coverage Historical Data

* Premium members only.

The historical data trend for Highness Microelectronics'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.

Highness Microelectronics Interest Coverage Chart

Highness Microelectronics Annual Data
Trend Mar23 Mar24 Mar25
Interest Coverage
3.43 18.63 8.44

Highness Microelectronics Semi-Annual Data
Mar23 Mar24 Mar25
Interest Coverage 3.43 18.63 8.44

BOM:544741 vs APH, GLW, TEL: Interest Coverage Comparison

For the Electronic Components subindustry, Highness Microelectronics'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.


Highness Microelectronics Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Highness Microelectronics's Interest Coverage distribution charts can be found below:

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


BOM:544741
18GF Score
Highness Microelectronics Ltd BOM:544741
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Highness Microelectronics 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.

Highness Microelectronics's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Highness Microelectronics's Interest Expense was ₹-4.4 Mil. Its Operating Income was ₹37.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹21.5 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*37.482/-4.44
=8.44

Highness Microelectronics's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the six months ended in Mar. 2025, Highness Microelectronics's Interest Expense was ₹-4.4 Mil. Its Operating Income was ₹37.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹21.5 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*37.482/-4.44
=8.44

* 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 8.44 mean?
Highness Microelectronics (BOM:544741) has a Interest Coverage of 8.44 as of Mar. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Highness Microelectronics and its competitors. This is near median its historical median of 8.44. Over the past decade, Highness Microelectronics' Interest Coverage has ranged from 3.43 to 18.63. According to the industry distribution chart, Highness Microelectronics ranks #1046 out of 1669 companies in the Hardware industry, placing it in the top 62.7%.
Is Highness Microelectronics' Interest Coverage too high?
Highness Microelectronics' current Interest Coverage of 8.44 is near median its 10-year median of 8.44. Over the past 10 years, this metric has ranged from a low of 3.43 to a high of 18.63. The Hardware industry median Interest Coverage is 14.26. Highness Microelectronics' value of 8.44 is 40.8% below this industry median. Based on the distribution chart, Highness Microelectronics ranks #1046 out of 1669 companies in the Hardware industry, which is below the industry midpoint. Overall, Highness Microelectronics has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Highness Microelectronics' Interest Coverage compare to APH and GLW?
According to the Hardware industry distribution chart, Highness Microelectronics ranks #1046 out of 1669 companies for Interest Coverage. This places Highness Microelectronics in the lower half of its industry. The industry median Interest Coverage is 14.26. Highness Microelectronics' value of 8.44 is 40.8% below this benchmark. Historically, Highness Microelectronics' own Interest Coverage has ranged from 3.43 to 18.63 over the past decade. While the company's 10-year median is 8.44 vs. the industry median of 14.26, Highness Microelectronics 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 Hardware company?
The median Interest Coverage among Hardware companies is 14.26, based on 1,669 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. Highness Microelectronics's current Interest Coverage of 8.44 is 40.8% 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 Highness Microelectronics and its competitors. For the Hardware industry, the median Interest Coverage is 14.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highness Microelectronics's current Interest Coverage is 8.44, which is near median its own 10-year median of 8.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highness Microelectronics stock overvalued right now?
Highness Microelectronics (BOM:544741) has a current Interest Coverage of 8.44. The current Interest Coverage is 8.44, which is near median its 10-year median of 8.44 and 40.8% below the Hardware industry median of 14.26. Highness Microelectronics' overall GF Score™ is 18/100 with 8 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 Highness Microelectronics (BOM:544741), the current Interest Coverage is 8.44 as of Mar. 2025. 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.

Highness Microelectronics Business Description

Address Kherani Road, Office 1C3, 1st Floor, Gundecha Onclave, Saki Vihar, Andheri (East, Mumbai, MH, IND, 400072
Highness Microelectronics Ltd is engaged in the Design, Development, Integration, Assembly and Manufacture of Digital-Imaging Solutions. The company operates in two main categories, namely 'Off the Shelf Products' and 'Market Specific Solutions/Project'. Its offerings include display modules and components such as TFT and LCD modules, display controllers, touch screens, backlight drivers, and related assemblies, as well as display systems, including Open-Frame Displays, Panel-Mount Displays, Industrial Grade Displays and Medical Grade Display Monitors for industrial and medical applications. The majority of the company's revenue is derived from designing, developing, integrating, assembling and manufacturing of Digital-Imaging Solutions.
18GF Score

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

₹182.50
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