Aastha Spintex (NSE:AASTHA) Interest Coverage: 4.06 (As of Mar. 2025) — 36% Above Median

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NSE:AASTHA Aastha Spintex Ltd NSE:AASTHA
14 GF Score
Price ₹102.62
! 1 Warning Sign
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What is Aastha Spintex Interest Coverage?

Aastha Spintex NSE:AASTHA -0.37% 14 Interest Coverage is 4.06 as of Mar. 2025, which is 36% above its 10-year median of 2.98. GuruFocus rates NSE:AASTHA with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 735 Manufacturing - Apparel & Accessories companies, Aastha Spintex ranks worse than 54.97% 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. Aastha Spintex's Operating Income for the six months ended in Mar. 2025 was ₹423 Mil. Aastha Spintex's Interest Expense for the six months ended in Mar. 2025 was ₹-104 Mil. Aastha Spintex's interest coverage for the quarter that ended in Mar. 2025 was 4.06. The higher the ratio, the stronger the company's financial strength is.

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

NSE:AASTHA' s Interest Coverage Range Over the Past 10 Years
Min: 1.14   Med: 2.98   Max: 4.06
Current: 4.06


NSE:AASTHA's Interest Coverage is ranked worse than
54.97% of 735 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.3 vs NSE:AASTHA: 4.06

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


Aastha Spintex  (NSE:AASTHA) 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 .


Aastha Spintex Interest Coverage Related Terms


Aastha Spintex Interest Coverage Historical Data

* Premium members only.

The historical data trend for Aastha Spintex'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.

Aastha Spintex Interest Coverage Chart

Aastha Spintex Annual Data
Trend Mar23 Mar24 Mar25
Interest Coverage
1.14 2.98 4.06

Aastha Spintex Semi-Annual Data
Mar23 Mar24 Mar25
Interest Coverage 1.14 2.98 4.06

NSE:AASTHA vs : Interest Coverage Comparison

For the Textile Manufacturing subindustry, Aastha Spintex'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.


Aastha Spintex Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aastha Spintex's Interest Coverage distribution charts can be found below:

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


NSE:AASTHA
14GF Score
Aastha Spintex Ltd NSE:AASTHA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Aastha Spintex 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.

Aastha Spintex'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, Aastha Spintex's Interest Expense was ₹-104 Mil. Its Operating Income was ₹423 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹263 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*422.619/-104.123
=4.06

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

Here, for the six months ended in Mar. 2025, Aastha Spintex's Interest Expense was ₹-104 Mil. Its Operating Income was ₹423 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹263 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*422.619/-104.123
=4.06

* 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 4.06 mean?
Aastha Spintex (NSE:AASTHA) has a Interest Coverage of 4.06 as of Mar. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Aastha Spintex and its competitors. This is 36% above median its historical median of 2.98. Over the past decade, Aastha Spintex's Interest Coverage has ranged from 1.14 to 4.06. According to the industry distribution chart, Aastha Spintex ranks #404 out of 735 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 55%.
Is Aastha Spintex's Interest Coverage too high?
Aastha Spintex's current Interest Coverage of 4.06 is 36% above median its 10-year median of 2.98. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 4.06. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.30. Aastha Spintex's value of 4.06 is 23.4% below this industry median. Based on the distribution chart, Aastha Spintex ranks #404 out of 735 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Aastha Spintex has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Aastha Spintex's Interest Coverage compare to ?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Aastha Spintex ranks #404 out of 735 companies for Interest Coverage. This places Aastha Spintex in the lower half of its industry. The industry median Interest Coverage is 5.30. Aastha Spintex's value of 4.06 is 23.4% below this benchmark. Historically, Aastha Spintex's own Interest Coverage has ranged from 1.14 to 4.06 over the past decade. While the company's 10-year median is 2.98 vs. the industry median of 5.30, Aastha Spintex 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.30, based on 735 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. Aastha Spintex's current Interest Coverage of 4.06 is 23.4% 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 Aastha Spintex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aastha Spintex's current Interest Coverage is 4.06, which is 36% above median its own 10-year median of 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aastha Spintex stock overvalued right now?
Aastha Spintex (NSE:AASTHA) has a current Interest Coverage of 4.06. The current Interest Coverage is 4.06, which is 36% above median its 10-year median of 2.98 and 23.4% below the Manufacturing - Apparel & Accessories industry median of 5.30. Aastha Spintex's overall GF Score™ is 14/100 with 1 warning sign 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 Aastha Spintex (NSE:AASTHA), the current Interest Coverage is 4.06 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.

Aastha Spintex Business Description

Comparable Companies
Other Exchanges 544808:India
Address Halvadmaliya Highway, Survey No 1441 1442 1448/1 1449 1450/2 P2 & 1443/P2, Halvad, Surendra Nagar, GJ, IND, 363 330
Aastha Spintex Ltd is engaged in the business of manufacturing and trading of carded, combed and compact combed cotton yarns and cotton bales. Its cotton bales are used for captive consumption in yarn production and are also supplied to other spinning units. The company's cotton yarn products are used in knitting and weaving applications across end-use segments including denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics. The majority of the company's revenue is derived from the sale of Cotton Yarn.
14GF Score

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

₹102.62
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