Globale Tessile (NSE:GLOBALE) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


NSE:GLOBALE Globale Tessile Ltd NSE:GLOBALE
21 GF Score
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! 4 Warning Signs
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What is Globale Tessile Interest Coverage?

Globale Tessile NSE:GLOBALE -0.08% 21 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates NSE:GLOBALE with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 741 Manufacturing - Apparel & Accessories companies, Globale Tessile ranks worse than 134952.63% 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. Globale Tessile's Operating Income for the three months ended in Mar. 2026 was ₹-6.3 Mil. Globale Tessile's Interest Expense for the three months ended in Mar. 2026 was ₹-1.7 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 Globale Tessile's Interest Coverage or its related term are showing as below:


NSE:GLOBALE'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.


Globale Tessile  (NSE:GLOBALE) 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 .


Globale Tessile Interest Coverage Related Terms


Globale Tessile Interest Coverage Historical Data

* Premium members only.

The historical data trend for Globale Tessile'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.

Globale Tessile Interest Coverage Chart

Globale Tessile Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.76 0.00 1.38 0.00 0.00

Globale Tessile Quarterly Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

Globale Tessile Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Globale Tessile'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.


Globale Tessile Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Globale Tessile's Interest Coverage falls into.


NSE:GLOBALE
21GF Score
Globale Tessile Ltd NSE:GLOBALE
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Globale Tessile 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.

Globale Tessile's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Globale Tessile's Interest Expense was ₹-9.8 Mil. Its Operating Income was ₹-14.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Globale Tessile did not have earnings to cover the interest expense.

Globale Tessile's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Globale Tessile's Interest Expense was ₹-1.7 Mil. Its Operating Income was ₹-6.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Globale Tessile 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?
Globale Tessile (NSE:GLOBALE) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Globale Tessile and its competitors. According to the industry distribution chart, Globale Tessile ranks #999999 out of 741 companies in the Manufacturing - Apparel & Accessories industry.
Is Globale Tessile's Interest Coverage too high?
Globale Tessile's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Globale Tessile ranks #999999 out of 741 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Globale Tessile has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Globale Tessile's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Globale Tessile ranks #999999 out of 741 companies for Interest Coverage. This places Globale Tessile in the lower half of its 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 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. 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 Globale Tessile 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. Globale Tessile'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 Globale Tessile stock overvalued right now?
Globale Tessile (NSE:GLOBALE) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Globale Tessile's overall GF Score™ is 21/100 with 4 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 Globale Tessile (NSE:GLOBALE), the current Interest Coverage is 0 (At Loss) 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.

Globale Tessile Business Description

Other Exchanges 544234:India
Address Polytechnic Road, Mahalaxmi House, 2nd Floor, YSL Avenue, Opposite Ketav Petrol Pump, Ambawadi, Ahmedabad, GJ, IND, 380 015
Globale Tessile Ltd is principally engaged in the business of trading textile products. The company's products include Beaded George Fabric, Embroidery Fabric, African Print Fabric, African George Fabric, and Ladies Kaftans.
21GF Score

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