Ecoline Exim (NSE:ECOLINE) Interest Coverage: 12.02 (As of Mar. 2025) — Near Median


NSE:ECOLINE Ecoline Exim Ltd NSE:ECOLINE
18 GF Score
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! 6 Warning Signs
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What is Ecoline Exim Interest Coverage?

Ecoline Exim NSE:ECOLINE -0.66% 18 Interest Coverage is 12.02 as of Mar. 2025, which is at its 10-year median of 12.02. GuruFocus rates NSE:ECOLINE with a GF Score™ of 18/100. The stock has 6 warning signs investors should review. Among 741 Manufacturing - Apparel & Accessories companies, Ecoline Exim ranks better than 64.78% 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. Ecoline Exim's Operating Income for the six months ended in Mar. 2025 was ₹239 Mil. Ecoline Exim's Interest Expense for the six months ended in Mar. 2025 was ₹-20 Mil. Ecoline Exim's interest coverage for the quarter that ended in Mar. 2025 was 12.02. The higher the ratio, the stronger the company's financial strength is.

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

NSE:ECOLINE' s Interest Coverage Range Over the Past 10 Years
Min: 11.85   Med: 12.02   Max: 15.38
Current: 12.02


NSE:ECOLINE's Interest Coverage is ranked better than
64.78% of 741 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43 vs NSE:ECOLINE: 12.02

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


Ecoline Exim  (NSE:ECOLINE) 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 .


Ecoline Exim Interest Coverage Related Terms


Ecoline Exim Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ecoline Exim'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.

Ecoline Exim Interest Coverage Chart

Ecoline Exim Annual Data
Trend Mar23 Mar24 Mar25
Interest Coverage
11.85 15.38 12.02

Ecoline Exim Semi-Annual Data
Mar23 Mar24 Mar25
Interest Coverage 11.85 15.38 12.02

NSE:ECOLINE vs NKE, DECK, ONON: Interest Coverage Comparison

For the Footwear & Accessories subindustry, Ecoline Exim'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.


Ecoline Exim Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Ecoline Exim's Interest Coverage falls into.


NSE:ECOLINE
18GF Score
Ecoline Exim Ltd NSE:ECOLINE
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Ecoline Exim 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.

Ecoline Exim'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, Ecoline Exim's Interest Expense was ₹-20 Mil. Its Operating Income was ₹239 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*238.873/-19.872
=12.02

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

Here, for the six months ended in Mar. 2025, Ecoline Exim's Interest Expense was ₹-20 Mil. Its Operating Income was ₹239 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*238.873/-19.872
=12.02

* 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 12.02 mean?
Ecoline Exim (NSE:ECOLINE) has a Interest Coverage of 12.02 as of Mar. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ecoline Exim and its competitors. This is near median its historical median of 12.02. Over the past decade, Ecoline Exim's Interest Coverage has ranged from 11.85 to 15.38. According to the industry distribution chart, Ecoline Exim ranks #261 out of 741 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 35.2%.
Is Ecoline Exim's Interest Coverage too high?
Ecoline Exim's current Interest Coverage of 12.02 is near median its 10-year median of 12.02. Over the past 10 years, this metric has ranged from a low of 11.85 to a high of 15.38. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.43. Ecoline Exim's value of 12.02 is 121.4% above this industry median. Based on the distribution chart, Ecoline Exim ranks #261 out of 741 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Ecoline Exim has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Ecoline Exim's Interest Coverage compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ecoline Exim ranks #261 out of 741 companies for Interest Coverage. This puts Ecoline Exim in the upper half of its industry. The industry median Interest Coverage is 5.43. Ecoline Exim's value of 12.02 is 121.4% above this benchmark. Historically, Ecoline Exim's own Interest Coverage has ranged from 11.85 to 15.38 over the past decade. While the company's 10-year median is 12.02 vs. the industry median of 5.43, Ecoline Exim 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.43, based on 741 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. Ecoline Exim's current Interest Coverage of 12.02 is 121.4% 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 Ecoline Exim 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. Ecoline Exim's current Interest Coverage is 12.02, which is near median its own 10-year median of 12.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecoline Exim stock overvalued right now?
Ecoline Exim (NSE:ECOLINE) has a current Interest Coverage of 12.02. The current Interest Coverage is 12.02, which is near median its 10-year median of 12.02 and 121.4% above the Manufacturing - Apparel & Accessories industry median of 5.43. Ecoline Exim's overall GF Score™ is 18/100 with 6 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 Ecoline Exim (NSE:ECOLINE), the current Interest Coverage is 12.02 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.

Ecoline Exim Business Description

Address 8, G.C. Ghosh Road, Kolkata, WB, IND, 700048
Ecoline Exim Ltd is engaged in the manufacturing of a wide range of sustainable packaging and promotional bags made out of cotton and jute. The company is engaged in the export of these bags globally. It exports its products to more than 27 countries. Its export market is the European Union, the USA, Japan, Southeast Asia, and Mexico etc. The company offers a variety of eco-conscious cotton and jute bags. Its offerings include: Recycled Cotton Bags, Organic Cotton Bags, Fairtrade Cotton Bags, Conventional Cotton Bags, and Jute Bags.
18GF Score

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