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Avance TechnologiesNSE:AVANCE 35 Interest Coverage is 726.81 as of Jun. 2026, which is 89% below its 10-year median of 6,623.00. GuruFocus rates NSE:AVANCE with a GF Score™ of 35/100 and a GF Value™ of ₹1.08 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,732 Software companies, Avance Technologies ranks worse than 86.09% 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. Avance Technologies's
Operating Income
for the
three
months ended in Jun. 2026 was ₹15 Mil. Avance Technologies's Interest Expense for the
three
months ended in Jun. 2026 was ₹-0 Mil.
Avance Technologies's interest coverage for the quarter that ended in Jun. 2026 was 726.81.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Avance Technologies's Interest Coverage or its related term are showing as below:
NSE:AVANCE'
s Interest Coverage Range Over the Past 10 Years
Min: 3.05 Med: 6623 Max: No Debt
Current: 3.05
NSE:AVANCE's Interest Coverage is ranked worse than 86.09% of 1732
companies
in the Software industry
Industry Median: 26.335
vs NSE:AVANCE: 3.05
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 .
Avance Technologies Interest Coverage Related Terms
Avance Technologies Interest Coverage Historical Data
* Premium members only.
The historical data trend for Avance Technologies'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.
For the Information Technology Services subindustry, Avance Technologies'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.
Avance Technologies Interest Coverage vs Software Industry
For the Software industry and Technology sector, Avance Technologies's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Avance Technologies'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.
Avance Technologies (NSE:AVANCE) has a Interest Coverage of 726.81 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Avance Technologies and its competitors. This is 89% below median its historical median of 6,623.00. Over the past decade, Avance Technologies' Interest Coverage has ranged from 3.05 to 10,000.00. According to the industry distribution chart, Avance Technologies ranks #1491 out of 1732 companies in the Software industry, placing it in the top 86.1%.
Is Avance Technologies' Interest Coverage too high?
Avance Technologies' current Interest Coverage of 726.81 is 89% below median its 10-year median of 6,623.00. Over the past 10 years, this metric has ranged from a low of 3.05 to a high of 10,000.00. The Software industry median Interest Coverage is 26.34. Avance Technologies' value of 726.81 is 2659.9% above this industry median. Based on the distribution chart, Avance Technologies ranks #1491 out of 1732 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Avance Technologies has a GF Score™ of 35/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avance Technologies' Interest Coverage compare to ?
According to the Software industry distribution chart, Avance Technologies ranks #1491 out of 1732 companies for Interest Coverage. This places Avance Technologies in the lower half of its industry. The industry median Interest Coverage is 26.34. Avance Technologies' value of 726.81 is 2659.9% above this benchmark. Historically, Avance Technologies' own Interest Coverage has ranged from 3.05 to 10,000.00 over the past decade. While the company's 10-year median is 6,623.00 vs. the industry median of 26.34, Avance Technologies 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 Software company?
The median Interest Coverage among Software companies is 26.34, based on 1,732 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. Avance Technologies's current Interest Coverage of 726.81 is 2659.9% 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 Avance Technologies and its competitors. For the Software industry, the median Interest Coverage is 26.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avance Technologies's current Interest Coverage is 726.81, which is 89% below median its own 10-year median of 6,623.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avance Technologies stock overvalued right now?
Based on GuruFocus' analysis, Avance Technologies (NSE:AVANCE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1.08, compared to a current price of ₹0.88 — trading 18.5% below its estimated fair value. The current Interest Coverage is 726.81, which is 89% below median its 10-year median of 6,623.00 and 2659.9% above the Software industry median of 26.34. Avance Technologies' overall GF Score™ is 35/100 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 Avance Technologies (NSE:AVANCE), the current Interest Coverage is 726.81 as of Jun. 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 Avance Technologies (NSE:AVANCE) Overvalued in 2026?
Based on GuruFocus' analysis, Avance Technologies stock appears to be undervalued.
The current stock price of ₹0.88 is trading 18.5% below its estimated GF Value™ of ₹1.08.
GuruFocus considers Avance Technologies to be Modestly Undervalued.
Key valuation signals for NSE:AVANCE:
Interest Coverage: 726.81 (89% below median its 10-year median of 6,623.00)
GF Value™: ₹1.08 vs. price of ₹0.88 (18.5% below fair value)
Industry Position: 2659.9% above the Software median (#1491 of 1732)
No single metric tells the full story. See the NSE:AVANCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avance Technologies Ltd operates in software-related products. It offers technology solutions to help businesses optimize their digital ecosystems. The company's key services include: digital infrastructure solutions, embedded device management, hybrid infrastructure services, cloud integration and management, data center management and optimization, and IoT infrastructure management, among others. It caters to the technological needs of businesses across various sectors such as healthcare, finance, manufacturing, and hospitality.
35GF Score
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