Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Apex EcotechNSE:APEXECO -4.99%19 Interest Coverage is 219.86 as of Mar. 2026, which is 24% above its 10-year median of 176.86. GuruFocus rates NSE:APEXECO with a GF Score™ of 19/100. The stock has 8 warning signs investors should review. Among 161 Waste Management companies, Apex Ecotech ranks better than 92.55% 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. Apex Ecotech's
Operating Income
for the
six
months ended in Mar. 2026 was ₹186 Mil. Apex Ecotech's Interest Expense for the
six
months ended in Mar. 2026 was ₹-1 Mil.
Apex Ecotech's interest coverage for the quarter that ended in Mar. 2026 was 219.86.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Apex Ecotech Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Apex Ecotech's Interest Coverage or its related term are showing as below:
NSE:APEXECO'
s Interest Coverage Range Over the Past 10 Years
Min: 56.32 Med: 176.86 Max: 239.8
Current: 219.86
NSE:APEXECO's Interest Coverage is ranked better than 92.55% of 161
companies
in the Waste Management industry
Industry Median: 5.87
vs NSE:APEXECO: 219.86
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 .
Apex Ecotech Interest Coverage Related Terms
Apex Ecotech Interest Coverage Historical Data
* Premium members only.
The historical data trend for Apex Ecotech'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.
NSE:APEXECO vs WM, RSG, WCN: Interest Coverage Comparison
For the Waste Management subindustry, Apex Ecotech'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.
Apex Ecotech Interest Coverage vs Waste Management Industry
For the Waste Management industry and Industrials sector, Apex Ecotech's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Apex Ecotech's Interest Coverage falls into.
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:
* 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.
Apex Ecotech (NSE:APEXECO) has a Interest Coverage of 219.86 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Apex Ecotech and its competitors. This is 24% above median its historical median of 176.86. Over the past decade, Apex Ecotech's Interest Coverage has ranged from 56.32 to 239.80. According to the industry distribution chart, Apex Ecotech ranks #12 out of 161 companies in the Waste Management industry, placing it in the top 7.5%.
Is Apex Ecotech's Interest Coverage too high?
Apex Ecotech's current Interest Coverage of 219.86 is 24% above median its 10-year median of 176.86. Over the past 10 years, this metric has ranged from a low of 56.32 to a high of 239.80. The Waste Management industry median Interest Coverage is 5.87. Apex Ecotech's value of 219.86 is 3645.5% above this industry median. Based on the distribution chart, Apex Ecotech ranks #12 out of 161 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Apex Ecotech has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Apex Ecotech's Interest Coverage compare to WM and RSG?
According to the Waste Management industry distribution chart, Apex Ecotech ranks #12 out of 161 companies for Interest Coverage. This places Apex Ecotech in the top 8% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.87. Apex Ecotech's value of 219.86 is 3645.5% above this benchmark. Historically, Apex Ecotech's own Interest Coverage has ranged from 56.32 to 239.80 over the past decade. While the company's 10-year median is 176.86 vs. the industry median of 5.87, Apex Ecotech has consistently been above 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 Waste Management company?
The median Interest Coverage among Waste Management companies is 5.87, based on 161 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. Apex Ecotech's current Interest Coverage of 219.86 is 3645.5% 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 Apex Ecotech and its competitors. For the Waste Management industry, the median Interest Coverage is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apex Ecotech's current Interest Coverage is 219.86, which is 24% above median its own 10-year median of 176.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Ecotech stock overvalued right now?
Apex Ecotech (NSE:APEXECO) has a current Interest Coverage of 219.86. The current Interest Coverage is 219.86, which is 24% above median its 10-year median of 176.86 and 3645.5% above the Waste Management industry median of 5.87. Apex Ecotech's overall GF Score™ is 19/100 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 Apex Ecotech (NSE:APEXECO), the current Interest Coverage is 219.86 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.
Apex Ecotech Ltd provides comprehensive solutions for water & wastewater treatment, recycling, and reuse methods. Its services include setting up Raw Water Treatment for industrial processes, Effluent & Sewage Treatment Plants to meet pollution norms, providing Sludge Dewatering Equipment, recycling of pretreated wastewater through Membrane systems (Ultrafiltration, Nano Filtration, Reverse Osmosis, Disc Type RO and others), and Thermal/Vapor Compression-based Evaporators and Crystallizers for Zero Liquid Discharge Systems.
19GF Score
Get the complete analysis for NSE:APEXECO
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:APEXECO has been successfully added to your 
