Black BoxNSE:BBOX -2.68%65 Interest Coverage is 2.81 as of Mar. 2026, which is 2% below its 10-year median of 2.86. GuruFocus rates NSE:BBOX with a GF Score™ of 65/100 and a GF Value™ of ₹502.68 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,705 Software companies, Black Box ranks worse than 86.69% 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. Black Box's
Operating Income
for the
three
months ended in Mar. 2026 was ₹1,263 Mil. Black Box's Interest Expense for the
three
months ended in Mar. 2026 was ₹-450 Mil.
Black Box's interest coverage for the quarter that ended in Mar. 2026 was 2.81.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Black Box's Interest Coverage or its related term are showing as below:
NSE:BBOX'
s Interest Coverage Range Over the Past 10 Years
Min: 0.99 Med: 2.86 Max: 6.92
Current: 2.79
NSE:BBOX's Interest Coverage is ranked worse than 86.69% of 1705
companies
in the Software industry
Industry Median: 24.78
vs NSE:BBOX: 2.79
Black Box (NSE:BBOX) 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 .
Black Box Interest Coverage Related Terms
Black Box Interest Coverage Historical Data
* Premium members only.
The historical data trend for Black Box'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.
NSE:BBOX vs UBER, SHOP, CRM: Interest Coverage Comparison
For the Software - Application subindustry, Black Box'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.
Black Box Interest Coverage vs Software Industry
For the Software industry and Technology sector, Black Box's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Black Box'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.
Black Box (NSE:BBOX) has a Interest Coverage of 2.81 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Black Box and its competitors. This is near median its historical median of 2.86. Over the past decade, Black Box's Interest Coverage has ranged from 0.99 to 6.92. According to the industry distribution chart, Black Box ranks #1478 out of 1705 companies in the Software industry, placing it in the top 86.7%.
Is Black Box's Interest Coverage too high?
Black Box's current Interest Coverage of 2.81 is near median its 10-year median of 2.86. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 6.92. The Software industry median Interest Coverage is 24.78. Black Box's value of 2.81 is 88.7% below this industry median. Based on the distribution chart, Black Box ranks #1478 out of 1705 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Black Box has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Black Box's Interest Coverage compare to UBER and SHOP?
According to the Software industry distribution chart, Black Box ranks #1478 out of 1705 companies for Interest Coverage. This places Black Box in the lower half of its industry. The industry median Interest Coverage is 24.78. Black Box's value of 2.81 is 88.7% below this benchmark. Historically, Black Box's own Interest Coverage has ranged from 0.99 to 6.92 over the past decade. While the company's 10-year median is 2.86 vs. the industry median of 24.78, Black Box 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 Software company?
The median Interest Coverage among Software companies is 24.78, based on 1,705 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. Black Box's current Interest Coverage of 2.81 is 88.7% 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 Black Box and its competitors. For the Software industry, the median Interest Coverage is 24.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Box's current Interest Coverage is 2.81, which is near median its own 10-year median of 2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Box stock overvalued right now?
Based on GuruFocus' analysis, Black Box (NSE:BBOX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹502.68, compared to a current price of ₹932.20 — trading 85.4% above its estimated fair value. The current Interest Coverage is 2.81, which is near median its 10-year median of 2.86 and 88.7% below the Software industry median of 24.78. Black Box's overall GF Score™ is 65/100 with 2 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 Black Box (NSE:BBOX), the current Interest Coverage is 2.81 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 Black Box (NSE:BBOX) Overvalued in 2026?
Based on GuruFocus' analysis, Black Box stock appears to be overvalued.
The current stock price of ₹932.20 is trading 85.4% above its estimated GF Value™ of ₹502.68.
GuruFocus considers Black Box to be Significantly Overvalued.
Key valuation signals for NSE:BBOX:
Interest Coverage: 2.81 (near median its 10-year median of 2.86)
GF Value™: ₹502.68 vs. price of ₹932.20 (85.4% above fair value)
Industry Position: 88.7% below the Software median (#1478 of 1705)
No single metric tells the full story. See the NSE:BBOX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Black Box Ltd along with its subsidiaries provides information, communications technology solutions provider, and an integrator that delivers technology-based solutions across world markets and verticals with a spectrum of applications and services. The company's operating segments are Global System Integration (GSI); Technology Product Solution (TPS) and Others comprising of training and consulting services. It generates maximum revenue from the System Integration (SI) segment. The company exports its product to the Middle East/Africa, North America, Australia, New Zealand, Singapore, and Europe. Its solution line consists of unified communications, network infrastructure, data center, cyber security (CYBER-i), and digital transformation and applications.
65GF Score
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