Gensol Engineering (NSE:GENSOL) Interest Coverage: 1.17 (As of Dec. 2024)


NSE:GENSOL Gensol Engineering Ltd NSE:GENSOL
65 GF Score
Price ₹20.32
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What is Gensol Engineering Interest Coverage?

Gensol Engineering NSE:GENSOL 65 Interest Coverage is 1.17 as of Dec. 2024. GuruFocus rates NSE:GENSOL with a GF Score™ of 65/100.

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. Gensol Engineering's Operating Income for the three months ended in Dec. 2024 was ₹550 Mil. Gensol Engineering's Interest Expense for the three months ended in Dec. 2024 was ₹-470 Mil. Gensol Engineering's interest coverage for the quarter that ended in Dec. 2024 was 1.17. The higher the ratio, the stronger the company's financial strength is.

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


NSE:GENSOL's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 20.32
* 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.


Gensol Engineering  (NSE:GENSOL) 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 .


Gensol Engineering Interest Coverage Related Terms


Gensol Engineering Interest Coverage Historical Data

* Premium members only.

The historical data trend for Gensol Engineering'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.

Gensol Engineering Interest Coverage Chart

Gensol Engineering Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial 2.26 1.33 7.41 0.78 0.29

Gensol Engineering Quarterly Data
Mar17 Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.51 0.00 1.33 1.14 1.17

NSE:GENSOL vs FSLR, NXT, RUN: Interest Coverage Comparison

For the Solar subindustry, Gensol Engineering'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.


Gensol Engineering Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Gensol Engineering's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Gensol Engineering's Interest Coverage falls into.


NSE:GENSOL
65GF Score
Gensol Engineering Ltd NSE:GENSOL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Gensol Engineering 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.

Gensol Engineering's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, Gensol Engineering's Interest Expense was ₹-1,051 Mil. Its Operating Income was ₹309 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹9,369 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*309.1/-1050.8
=0.29

Gensol Engineering's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Gensol Engineering's Interest Expense was ₹-470 Mil. Its Operating Income was ₹550 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*550.1/-470.4
=1.17

* 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 1.17 mean?
Gensol Engineering (NSE:GENSOL) has a Interest Coverage of 1.17 as of Dec. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Gensol Engineering and its competitors.
Is Gensol Engineering's Interest Coverage too high?
Gensol Engineering's current Interest Coverage is 1.17. The Semiconductors industry median Interest Coverage is 20.32. Gensol Engineering's value of 1.17 is 94.2% below this industry median. Overall, Gensol Engineering has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Gensol Engineering's Interest Coverage compare to FSLR and NXT?
Gensol Engineering's Interest Coverage of 1.17 can be compared against companies in the Semiconductors industry. The industry median Interest Coverage is 20.32. Gensol Engineering's value of 1.17 is 94.2% below this benchmark. 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.32, based on 635 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. Gensol Engineering's current Interest Coverage of 1.17 is 94.2% 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 Gensol Engineering and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gensol Engineering's current Interest Coverage is 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gensol Engineering stock overvalued right now?
Gensol Engineering (NSE:GENSOL) has a current Interest Coverage of 1.17. The current Interest Coverage is 1.17 and 94.2% below the Semiconductors industry median of 20.32. Gensol Engineering's overall GF Score™ is 65/100. 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 Gensol Engineering (NSE:GENSOL), the current Interest Coverage is 1.17 as of Dec. 2024. 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.

Gensol Engineering Business Description

Address S G Road, Block - A, 15th Floor, Westgate Business Bay, Jivraj Park, Makarba, Ahmedabad, GJ, IND, 380051
Gensol Engineering Ltd is a renewable energy solutions provider focused on end-to-end solar engineering, procurement, and construction projects. It is engaged in providing technical due diligence, detailed engineering, quality control, construction supervision, and other consulting services for solar projects across various countries, including India. The company has two operating segments namely Engineering, advisory & EPC of Solar Power Projects, and Leasing of cars. It generates the majority of its revenue from the Engineering, advisory & EPC of Solar Power Projects segment.
65GF Score

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