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Acutaas Chemicals (NSE:ACUTAAS) Interest Coverage : 128.74 (As of Mar. 2025)


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What is Acutaas Chemicals Interest Coverage?

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. Acutaas Chemicals's Operating Income for the three months ended in Mar. 2025 was ₹777 Mil. Acutaas Chemicals's Interest Expense for the three months ended in Mar. 2025 was ₹-6 Mil. Acutaas Chemicals's interest coverage for the quarter that ended in Mar. 2025 was 128.74. The higher the ratio, the stronger the company's financial strength is.

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

NSE:ACUTAAS' s Interest Coverage Range Over the Past 10 Years
Min: 7.12   Med: 14.84   Max: 46.02
Current: 33.04


NSE:ACUTAAS's Interest Coverage is ranked better than
72.03% of 1187 companies
in the Chemicals industry
Industry Median: 9.67 vs NSE:ACUTAAS: 33.04

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


Acutaas Chemicals Interest Coverage Historical Data

The historical data trend for Acutaas Chemicals'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.

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Acutaas Chemicals Interest Coverage Chart

Acutaas Chemicals Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial 14.70 14.84 46.02 18.93 33.04

Acutaas Chemicals Quarterly Data
Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.49 5.27 83.76 90.87 128.74

Competitive Comparison of Acutaas Chemicals's Interest Coverage

For the Specialty Chemicals subindustry, Acutaas Chemicals'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.


Acutaas Chemicals's Interest Coverage Distribution in the Chemicals Industry

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

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


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Acutaas Chemicals 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.

Acutaas Chemicals'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, Acutaas Chemicals's Interest Expense was ₹-62 Mil. Its Operating Income was ₹2,055 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹48 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*2054.52/-62.184
=33.04

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

Here, for the three months ended in Mar. 2025, Acutaas Chemicals's Interest Expense was ₹-6 Mil. Its Operating Income was ₹777 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹48 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*776.585/-6.032
=128.74

* 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.


Acutaas Chemicals  (NSE:ACUTAAS) 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 .


Acutaas Chemicals Interest Coverage Related Terms

Thank you for viewing the detailed overview of Acutaas Chemicals's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Acutaas Chemicals Business Description

Traded in Other Exchanges
Address
Road No 82/A & 82/C, Plot No. 440/4, 5 & 6, 8206-B, 478, 479 & 494, 495, GIDC Sachin, District Surat, Surat, GJ, IND, 394230
Acutaas Chemicals Ltd formerly Ami Organics Ltd is principally engaged in the business of drugs intermediate chemicals and related activities. It manufactures different types of pharmaceutical intermediates and active pharmaceutical ingredients, specialty chemicals, and formulations. Its products are used in various industrial sectors including Pharmaceutical, Personal Care, Cosmetics, Dyes, Polymers, Agro Chemicals, and Animal Foods industries. The company caters to both domestic and international markets and generates the majority of its revenue from outside India.

Acutaas Chemicals Headlines

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