Anya Polytech & Fertilizers (NSE:ANYA) Interest Coverage: 11.22 (As of Mar. 2024)


NSE:ANYA Anya Polytech & Fertilizers Ltd NSE:ANYA
20 GF Score
Price ₹16.05
View Full Analysis

What is Anya Polytech & Fertilizers Interest Coverage?

Anya Polytech & Fertilizers NSE:ANYA -4.75% 20 Interest Coverage is 11.22 as of Mar. 2024. GuruFocus rates NSE:ANYA with a GF Score™ of 20/100.

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. Anya Polytech & Fertilizers's Operating Income for the six months ended in Mar. 2024 was ₹142 Mil. Anya Polytech & Fertilizers's Interest Expense for the six months ended in Mar. 2024 was ₹-13 Mil. Anya Polytech & Fertilizers's interest coverage for the quarter that ended in Mar. 2024 was 11.22. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Anya Polytech & Fertilizers's Interest Coverage or its related term are showing as below:


NSE:ANYA's Interest Coverage is not ranked *
in the Agriculture industry.
Industry Median: 7.3
* Ranked among companies with meaningful Interest Coverage only.

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


Anya Polytech & Fertilizers  (NSE:ANYA) 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 .


Anya Polytech & Fertilizers Interest Coverage Related Terms


Anya Polytech & Fertilizers Interest Coverage Historical Data

* Premium members only.

The historical data trend for Anya Polytech & Fertilizers'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.

Anya Polytech & Fertilizers Interest Coverage Chart

Anya Polytech & Fertilizers Annual Data
Trend Mar22 Mar23 Mar24
Interest Coverage
7.93 4.22 11.22

Anya Polytech & Fertilizers Semi-Annual Data
Mar22 Mar23 Mar24
Interest Coverage 7.93 4.22 11.22

NSE:ANYA vs CTVA, CF: Interest Coverage Comparison

For the Agricultural Inputs subindustry, Anya Polytech & Fertilizers'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.


Anya Polytech & Fertilizers Interest Coverage vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Anya Polytech & Fertilizers's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Anya Polytech & Fertilizers's Interest Coverage falls into.


NSE:ANYA
20GF Score
Anya Polytech & Fertilizers Ltd NSE:ANYA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anya Polytech & Fertilizers 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.

Anya Polytech & Fertilizers's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, Anya Polytech & Fertilizers's Interest Expense was ₹-13 Mil. Its Operating Income was ₹142 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹189 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*141.523/-12.613
=11.22

Anya Polytech & Fertilizers's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the six months ended in Mar. 2024, Anya Polytech & Fertilizers's Interest Expense was ₹-13 Mil. Its Operating Income was ₹142 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹189 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*141.523/-12.613
=11.22

* 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 11.22 mean?
Anya Polytech & Fertilizers (NSE:ANYA) has a Interest Coverage of 11.22 as of Mar. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Anya Polytech & Fertilizers and its competitors.
Is Anya Polytech & Fertilizers' Interest Coverage too high?
Anya Polytech & Fertilizers' current Interest Coverage is 11.22. The Agriculture industry median Interest Coverage is 7.30. Anya Polytech & Fertilizers' value of 11.22 is 53.7% above this industry median. Overall, Anya Polytech & Fertilizers has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Anya Polytech & Fertilizers' Interest Coverage compare to CTVA and CF?
Anya Polytech & Fertilizers' Interest Coverage of 11.22 can be compared against companies in the Agriculture industry. The industry median Interest Coverage is 7.30. Anya Polytech & Fertilizers' value of 11.22 is 53.7% above this benchmark. 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 an Agriculture company?
The median Interest Coverage among Agriculture companies is 7.30, based on 199 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. Anya Polytech & Fertilizers's current Interest Coverage of 11.22 is 53.7% 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 Anya Polytech & Fertilizers and its competitors. For the Agriculture industry, the median Interest Coverage is 7.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anya Polytech & Fertilizers's current Interest Coverage is 11.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anya Polytech & Fertilizers stock overvalued right now?
Anya Polytech & Fertilizers (NSE:ANYA) has a current Interest Coverage of 11.22. The current Interest Coverage is 11.22 and 53.7% above the Agriculture industry median of 7.30. Anya Polytech & Fertilizers' overall GF Score™ is 20/100. 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 Anya Polytech & Fertilizers (NSE:ANYA), the current Interest Coverage is 11.22 as of Mar. 2024. 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.

Anya Polytech & Fertilizers Business Description

Address B-243, Sector-26, Noida, UP, IND, 201301
Anya Polytech & Fertilizers Ltd is engaged in the manufacturing and marketing of fertilizers, agrochemicals, micronutrients, organic fertilizers and allied products, along with a polymer packaging business that produces HDPE bags, PP and BOPP bags, cattle feed bags and PP or HDPE laminated and unlaminated rolls. The company offers chemical fertilizers, bio-based formulations, crop nutrition kits and micronutrients such as Zinc EDTA. Its operations are organized into two segments, the fertilizer division and the polymer division, and the majority of revenue comes from the fertilizer division. The company serves agricultural markets across India through a wide distribution network and farmer outreach programs and has also begun supplying fertilizers to neighbouring countries.
20GF Score

Get the complete analysis for NSE:ANYA

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

₹16.05
Price