CMR Green Technologies (NSE:CMRGREEN) Interest Coverage: 4.19 (As of Mar. 2025) — Near Median

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NSE:CMRGREEN CMR Green Technologies Ltd NSE:CMRGREEN
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Price ₹215.70
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What is CMR Green Technologies Interest Coverage?

CMR Green Technologies NSE:CMRGREEN -1.55% 11 Interest Coverage is 4.19 as of Mar. 2025, which is 1% above its 10-year median of 4.15. GuruFocus rates NSE:CMRGREEN with a GF Score™ of 11/100. The stock has 2 warning signs investors should review. Among 1,328 Metals & Mining companies, CMR Green Technologies ranks worse than 91.27% 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. CMR Green Technologies's Operating Income for the six months ended in Mar. 2025 was ₹2,484 Mil. CMR Green Technologies's Interest Expense for the six months ended in Mar. 2025 was ₹-592 Mil. CMR Green Technologies's interest coverage for the quarter that ended in Mar. 2025 was 4.19. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for CMR Green Technologies's Interest Coverage or its related term are showing as below:

NSE:CMRGREEN' s Interest Coverage Range Over the Past 10 Years
Min: 3.31   Med: 4.15   Max: 4.19
Current: 4.19


NSE:CMRGREEN's Interest Coverage is ranked worse than
91.27% of 1328 companies
in the Metals & Mining industry
Industry Median: No Debt vs NSE:CMRGREEN: 4.19

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


CMR Green Technologies  (NSE:CMRGREEN) 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 .


CMR Green Technologies Interest Coverage Related Terms


CMR Green Technologies Interest Coverage Historical Data

* Premium members only.

The historical data trend for CMR Green 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.

CMR Green Technologies Interest Coverage Chart

CMR Green Technologies Annual Data
Trend Mar23 Mar24 Mar25
Interest Coverage
4.15 3.31 4.19

CMR Green Technologies Semi-Annual Data
Mar23 Mar24 Mar25
Interest Coverage 4.15 3.31 4.19

NSE:CMRGREEN vs AA: Interest Coverage Comparison

For the Aluminum subindustry, CMR Green 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.


CMR Green Technologies Interest Coverage vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, CMR Green Technologies's Interest Coverage distribution charts can be found below:

* The bar in red indicates where CMR Green Technologies's Interest Coverage falls into.


NSE:CMRGREEN
11GF Score
CMR Green Technologies Ltd NSE:CMRGREEN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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CMR Green Technologies 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.

CMR Green Technologies'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, CMR Green Technologies's Interest Expense was ₹-592 Mil. Its Operating Income was ₹2,484 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹2,397 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*2483.72/-592.11
=4.19

CMR Green Technologies's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the six months ended in Mar. 2025, CMR Green Technologies's Interest Expense was ₹-592 Mil. Its Operating Income was ₹2,484 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹2,397 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*2483.72/-592.11
=4.19

* 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 4.19 mean?
CMR Green Technologies (NSE:CMRGREEN) has a Interest Coverage of 4.19 as of Mar. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on CMR Green Technologies and its competitors. This is near median its historical median of 4.15. Over the past decade, CMR Green Technologies' Interest Coverage has ranged from 3.31 to 4.19. According to the industry distribution chart, CMR Green Technologies ranks #1212 out of 1328 companies in the Metals & Mining industry, placing it in the top 91.3%.
Is CMR Green Technologies' Interest Coverage too high?
CMR Green Technologies' current Interest Coverage of 4.19 is near median its 10-year median of 4.15. Over the past 10 years, this metric has ranged from a low of 3.31 to a high of 4.19. The Metals & Mining industry median Interest Coverage is 10,000.00. CMR Green Technologies' value of 4.19 is 100% below this industry median. Based on the distribution chart, CMR Green Technologies ranks #1212 out of 1328 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, CMR Green Technologies has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does CMR Green Technologies' Interest Coverage compare to AA?
According to the Metals & Mining industry distribution chart, CMR Green Technologies ranks #1212 out of 1328 companies for Interest Coverage. This places CMR Green Technologies in the lower half of its industry. The industry median Interest Coverage is 10,000.00. CMR Green Technologies' value of 4.19 is 100% below this benchmark. Historically, CMR Green Technologies' own Interest Coverage has ranged from 3.31 to 4.19 over the past decade. While the company's 10-year median is 4.15 vs. the industry median of 10,000.00, CMR Green Technologies 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 Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,328 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. CMR Green Technologies's current Interest Coverage of 4.19 is 100% 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 CMR Green Technologies and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMR Green Technologies's current Interest Coverage is 4.19, which is near median its own 10-year median of 4.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMR Green Technologies stock overvalued right now?
CMR Green Technologies (NSE:CMRGREEN) has a current Interest Coverage of 4.19. The current Interest Coverage is 4.19, which is near median its 10-year median of 4.15 and 100% below the Metals & Mining industry median of 10,000.00. CMR Green Technologies' overall GF Score™ is 11/100 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 CMR Green Technologies (NSE:CMRGREEN), the current Interest Coverage is 4.19 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.

CMR Green Technologies Business Description

Other Exchanges 544777:India
Address 12/4 Delhi Mathura Road, 7th Floor, Tower 2, L & T Business Park, Faridabad, HR, IND, 121003
CMR Green Technologies Ltd is engaged in the business of manufacturing and selling of aluminium based die cast alloys and zinc alloys in India. The company is also engaged in the business of segregation and sale of metal scrap as a part of the manufacturing process. It manufactures recycled aluminium alloys (in ingot and liquid form), zinc alloy ingots, dross and segregated furnace ready scrap of stainless steel, copper, brass, zinc, lead and magnesium, amongst others. The company also produces aluminium billets that cater to both automotive and non-automotive sectors. The majority of revenue is derived from the sale of key products such as liquid aluminium alloys and aluminium alloy ingots. Geographically, it exports its products to Japan, China, and Others.
11GF Score

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