Bansal Multiflex (NSE:BANSAL) Interest Coverage: 0 (At Loss) (As of Mar. 2025)


What is Bansal Multiflex Interest Coverage?

Bansal Multiflex NSE:BANSAL Interest Coverage is 0 (At Loss) as of Mar. 2025. The stock has 4 warning signs investors should review.

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. Bansal Multiflex's Operating Income for the six months ended in Mar. 2025 was ₹-65.03 Mil. Bansal Multiflex's Interest Expense for the six months ended in Mar. 2025 was ₹-4.34 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


NSE:BANSAL's Interest Coverage is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.43
* Ranked among companies with meaningful Interest Coverage only.

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

Bansal Multiflex  (NSE:BANSAL) 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 .

Bansal Multiflex Interest Coverage Related Terms

Bansal Multiflex Interest Coverage Historical Data

* Premium members only.

The historical data trend for Bansal Multiflex'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.

Bansal Multiflex Interest Coverage Chart

Bansal Multiflex Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial 143.50 15.18 3.78 0.00 0.00

Bansal Multiflex Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar24 Mar25
Interest Coverage Get a 7-Day Free Trial 143.50 15.18 3.78 0.00 0.00

Bansal Multiflex Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Bansal Multiflex'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.

Bansal Multiflex Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bansal Multiflex's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bansal Multiflex's Interest Coverage falls into.


Bansal Multiflex 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.

Bansal Multiflex'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, Bansal Multiflex's Interest Expense was ₹-4.34 Mil. Its Operating Income was ₹-65.03 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Bansal Multiflex did not have earnings to cover the interest expense.

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

Here, for the six months ended in Mar. 2025, Bansal Multiflex's Interest Expense was ₹-4.34 Mil. Its Operating Income was ₹-65.03 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Bansal Multiflex did not have earnings to cover the 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.

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 0 (At Loss) mean?
Bansal Multiflex (NSE:BANSAL) has a Interest Coverage of 0 (At Loss) as of Mar. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bansal Multiflex and its competitors.
Is Bansal Multiflex's Interest Coverage too high?
Bansal Multiflex's current Interest Coverage is 0 (At Loss).
How does Bansal Multiflex's Interest Coverage compare to competitors?
Bansal Multiflex's Interest Coverage of 0 (At Loss) can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Interest Coverage is 5.43. 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.43, based on 739 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. 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 Bansal Multiflex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bansal Multiflex's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bansal Multiflex stock overvalued right now?
Bansal Multiflex (NSE:BANSAL) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). 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 Bansal Multiflex (NSE:BANSAL), the current Interest Coverage is 0 (At Loss) 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.

Bansal Multiflex Business Description

Address Nr. Dev Ashish Business Park, E-Unit, Uniza, Nr. Rameshwar Electric Sub-Station, Ramdevnagar Jodhpur Tekra Satellite, Jodhpur Char Rasta, Ahmedabad, GJ, IND, 380015
Bansal Multiflex Ltd is engaged in trading of cloth, different type of semi furnished fabrics, varieties of finished fabrics and different type of chemicals mainly used in making detergent and soaps. In addition, the company trades semi-finished and finished product to garment houses for manufacturing of garments in the apparel industry. Its product portfolio comprises of wide range of fabrics grey fabric, cotton fabric, dress materials, matchings, and twill.