Ashapura Logistics (NSE:ASHALOG) Interest Coverage: 5.19 (As of Mar. 2025) — 15% Above Median


NSE:ASHALOG Ashapura Logistics Ltd NSE:ASHALOG
17 GF Score
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What is Ashapura Logistics Interest Coverage?

Ashapura Logistics NSE:ASHALOG 17 Interest Coverage is 5.19 as of Mar. 2025, which is 15% above its 10-year median of 4.51. GuruFocus rates NSE:ASHALOG with a GF Score™ of 17/100. The stock has 5 warning signs investors should review. Among 845 Transportation companies, Ashapura Logistics ranks worse than 52.07% 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. Ashapura Logistics's Operating Income for the six months ended in Mar. 2025 was ₹105 Mil. Ashapura Logistics's Interest Expense for the six months ended in Mar. 2025 was ₹-20 Mil. Ashapura Logistics's interest coverage for the quarter that ended in Mar. 2025 was 5.19. The higher the ratio, the stronger the company's financial strength is.

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

NSE:ASHALOG' s Interest Coverage Range Over the Past 10 Years
Min: 3.01   Med: 4.51   Max: 6.18
Current: 5.39

NSE:ASHALOG's Interest Coverage is ranked worse than
52.07% of 845 companies
in the Transportation industry
Industry Median: 5.66 vs NSE:ASHALOG: 5.39

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

Ashapura Logistics  (NSE:ASHALOG) 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 .

Ashapura Logistics Interest Coverage Related Terms

Ashapura Logistics Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ashapura Logistics'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.

Ashapura Logistics Interest Coverage Chart

Ashapura Logistics Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
3.55 3.01 4.51 6.18 5.39

Ashapura Logistics Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25
Interest Coverage Get a 7-Day Free Trial N/A 5.64 6.73 5.62 5.19

NSE:ASHALOG vs FDX, UPS, JBHT: Interest Coverage Comparison

For the Integrated Freight & Logistics subindustry, Ashapura Logistics'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.

Ashapura Logistics Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Ashapura Logistics's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ashapura Logistics's Interest Coverage falls into.


NSE:ASHALOG
17GF Score
Ashapura Logistics Ltd NSE:ASHALOG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashapura Logistics 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.

Ashapura Logistics'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, Ashapura Logistics's Interest Expense was ₹-39 Mil. Its Operating Income was ₹210 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹126 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*210.134/-38.951
=5.39

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

Here, for the six months ended in Mar. 2025, Ashapura Logistics's Interest Expense was ₹-20 Mil. Its Operating Income was ₹105 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹126 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*105.253/-20.296
=5.19

* 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 5.19 mean?
Ashapura Logistics (NSE:ASHALOG) has a Interest Coverage of 5.19 as of Mar. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ashapura Logistics and its competitors. This is 15% above median its historical median of 4.51. Over the past decade, Ashapura Logistics' Interest Coverage has ranged from 3.01 to 6.18. According to the industry distribution chart, Ashapura Logistics ranks #440 out of 845 companies in the Transportation industry, placing it in the top 52.1%.
Is Ashapura Logistics' Interest Coverage too high?
Ashapura Logistics' current Interest Coverage of 5.19 is 15% above median its 10-year median of 4.51. Over the past 10 years, this metric has ranged from a low of 3.01 to a high of 6.18. The Transportation industry median Interest Coverage is 5.66. Ashapura Logistics' value of 5.19 is 8.3% below this industry median. Based on the distribution chart, Ashapura Logistics ranks #440 out of 845 companies in the Transportation industry, which is below the industry midpoint. Overall, Ashapura Logistics has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Ashapura Logistics' Interest Coverage compare to FDX and UPS?
According to the Transportation industry distribution chart, Ashapura Logistics ranks #440 out of 845 companies for Interest Coverage. This places Ashapura Logistics in the lower half of its industry. The industry median Interest Coverage is 5.66. Ashapura Logistics' value of 5.19 is 8.3% below this benchmark. Historically, Ashapura Logistics' own Interest Coverage has ranged from 3.01 to 6.18 over the past decade. While the company's 10-year median is 4.51 vs. the industry median of 5.66, Ashapura Logistics 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.66, based on 845 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. Ashapura Logistics's current Interest Coverage of 5.19 is 8.3% 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 Ashapura Logistics and its competitors. For the Transportation industry, the median Interest Coverage is 5.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashapura Logistics's current Interest Coverage is 5.19, which is 15% above median its own 10-year median of 4.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashapura Logistics stock overvalued right now?
Ashapura Logistics (NSE:ASHALOG) has a current Interest Coverage of 5.19. The current Interest Coverage is 5.19, which is 15% above median its 10-year median of 4.51 and 8.3% below the Transportation industry median of 5.66. Ashapura Logistics' overall GF Score™ is 17/100 with 5 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 Ashapura Logistics (NSE:ASHALOG), the current Interest Coverage is 5.19 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.

Ashapura Logistics Business Description

Address S.G. Highway, B-902 Shapath Hexa, Opposite High Court, Sola, Ahmedabad, GJ, IND, 380060
Ashapura Logistics Ltd is an integrated logistics company in India. It operates in (i) Cargo handling and freight forwarding segment; (ii) Transportation (including project logistics and third-party logistics (3PL)); (iii) Warehousing and Distribution and (iv) other services (including coastal movement). The transportation business segment generated key revenue for the company.
17GF Score

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