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. Astra Microwave Products's
Operating Income
for the
three
months ended in Mar. 2026 was ₹1,495 Mil. Astra Microwave Products's Interest Expense for the
three
months ended in Mar. 2026 was ₹-145 Mil.
Astra Microwave Products's interest coverage for the quarter that ended in Mar. 2026 was 10.32.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Astra Microwave Products's Interest Coverage or its related term are showing as below:
NSE:ASTRAMICRO'
s Interest Coverage Range Over the Past 10 Years
Min: 1.58 Med: 5.35 Max: 7.57
Current: 5.22
NSE:ASTRAMICRO's Interest Coverage is ranked worse than 73.27% of 1672
companies
in the Hardware industry
Industry Median: 13.73
vs NSE:ASTRAMICRO: 5.22
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 .
Astra Microwave Products Interest Coverage Related Terms
Astra Microwave Products Interest Coverage Historical Data
* 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:ASTRAMICRO vs CSCO, CIEN, MSI: Interest Coverage Comparison
For the Communication Equipment subindustry, Astra Microwave Products'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.
Astra Microwave Products Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, Astra Microwave Products's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Astra Microwave Products'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.
Astra Microwave Products (NSE:ASTRAMICRO) has a Interest Coverage of 10.32 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Astra Microwave Products and its competitors. This is 93% above median its historical median of 5.35. Over the past decade, Astra Microwave Products' Interest Coverage has ranged from 1.58 to 7.57. According to the industry distribution chart, Astra Microwave Products ranks #1225 out of 1672 companies in the Hardware industry, placing it in the top 73.3%.
Is Astra Microwave Products' Interest Coverage too high?
Astra Microwave Products' current Interest Coverage of 10.32 is 93% above median its 10-year median of 5.35. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 7.57. The Hardware industry median Interest Coverage is 13.73. Astra Microwave Products' value of 10.32 is 24.8% below this industry median. Based on the distribution chart, Astra Microwave Products ranks #1225 out of 1672 companies in the Hardware industry, which is below the industry midpoint. Overall, Astra Microwave Products has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Astra Microwave Products' Interest Coverage compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Astra Microwave Products ranks #1225 out of 1672 companies for Interest Coverage. This places Astra Microwave Products in the lower half of its industry. The industry median Interest Coverage is 13.73. Astra Microwave Products' value of 10.32 is 24.8% below this benchmark. Historically, Astra Microwave Products' own Interest Coverage has ranged from 1.58 to 7.57 over the past decade. While the company's 10-year median is 5.35 vs. the industry median of 13.73, Astra Microwave Products 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.73, based on 1,672 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. Astra Microwave Products's current Interest Coverage of 10.32 is 24.8% 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 Astra Microwave Products and its competitors. For the Hardware industry, the median Interest Coverage is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astra Microwave Products's current Interest Coverage is 10.32, which is 93% above median its own 10-year median of 5.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astra Microwave Products stock overvalued right now?
Based on GuruFocus' analysis, Astra Microwave Products (NSE:ASTRAMICRO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,007.50, compared to a current price of ₹1,721.70 — trading 70.9% above its estimated fair value. The current Interest Coverage is 10.32, which is 93% above median its 10-year median of 5.35 and 24.8% below the Hardware industry median of 13.73. Astra Microwave Products' overall GF Score™ is 77/100 with 7 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 Astra Microwave Products (NSE:ASTRAMICRO), the current Interest Coverage is 10.32 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.
Is Astra Microwave Products (NSE:ASTRAMICRO) Overvalued in 2026?
Based on GuruFocus' analysis, Astra Microwave Products stock appears to be overvalued.
The current stock price of ₹1,721.70 is trading 70.9% above its estimated GF Value™ of ₹1,007.50.
GuruFocus considers Astra Microwave Products to be Significantly Overvalued.
Key valuation signals for NSE:ASTRAMICRO:
Interest Coverage: 10.32 (93% above median its 10-year median of 5.35)
GF Value™: ₹1,007.50 vs. price of ₹1,721.70 (70.9% above fair value)
Industry Position: 24.8% below the Hardware median (#1225 of 1672)
No single metric tells the full story. See the NSE:ASTRAMICRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Astra Microwave Products Ltd is engaged in designing and manufacturing radio frequency (RF) and microwave super components and sub-systems finding applications in defense, space, telecom, meteorology, and civil communication systems. The principal activity of the company is to carry on the business to manufacture, produce, assemble, repair, maintain, importing, export, buy, sell, or otherwise deal in all kinds of electronic items and components.
77GF Score
Get the complete analysis for NSE:ASTRAMICRO
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