Aye Finance (NSE:AYE) Interest Coverage: N/A (As of Mar. 2026)


NSE:AYE Aye Finance Ltd NSE:AYE
14 GF Score
Price ₹182.80
! 9 Warning Signs
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What is Aye Finance Interest Coverage?

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. Aye Finance's Operating Income for the six months ended in Mar. 2026 was ₹1,549 Mil. Aye Finance's Interest Expense for the six months ended in Mar. 2026 was ₹0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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

NSE:AYE' s Interest Coverage Range Over the Past 10 Years
Min: 1.28   Med: 2.23   Max: 5.27
Current: 5.27

NSE:AYE's Interest Coverage is ranked worse than
73.17% of 164 companies
in the Credit Services industry
Industry Median: 49.41 vs NSE:AYE: 5.27

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

Aye Finance  (NSE:AYE) 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 .

Aye Finance Interest Coverage Related Terms

Aye Finance Interest Coverage Historical Data

* Premium members only.

The historical data trend for Aye Finance'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.

Aye Finance Interest Coverage Chart

Aye Finance Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
1.28 1.96 3.55 2.50 N/A

Aye Finance Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial 4.04 3.75 1.39 3.36 N/A

NSE:AYE vs V, MA, AXP: Interest Coverage Comparison

For the Credit Services subindustry, Aye Finance'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.

Aye Finance Interest Coverage vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Aye Finance's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Aye Finance's Interest Coverage falls into.


NSE:AYE
14GF Score
Aye Finance Ltd NSE:AYE
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Aye Finance 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.

Aye Finance's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Aye Finance's Interest Expense was ₹0 Mil. Its Operating Income was ₹4,275 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹50,651 Mil.

GuruFocus does not calculate Aye Finance's interest coverage with the available data.

Aye Finance's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Aye Finance's Interest Expense was ₹0 Mil. Its Operating Income was ₹1,549 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹50,651 Mil.

GuruFocus does not calculate Aye Finance's interest coverage with the available 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.

The higher the ratio, the stronger the company's Financial Strength is.

Aye Finance Business Description

Other Exchanges 544699:India
Address Arya Samaj Road, Unit No. 701-711, 7th Floor, Unitech Commercial Tower-2, Sector-45, Gurgaon, HR, IND, 122 003
Aye Finance Ltd is a non-banking financial company - middle layer (NBFC-ML) focused on providing loans to micro, small and medium enterprises (MSMEs) across India. It offers a range of business loans for working capital and business expansion needs, against hypothecation of working assets or against security of property to customers across manufacturing, trading, service and allied agriculture sectors. The company operates in a single reportable segment i.e. granting loans, which has similar risks and returns. The company's offerings include Mortgage Loans, Property Loans, Secured Hypothecation Loans, and Unsecured Hypothecation Loans. Geographically, it operates across India.
14GF Score

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

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