Globe Enterprises (India) (NSE:GLOBE) Interest Coverage: 1.73 (As of Dec. 2025) — Near Median


NSE:GLOBE Globe Enterprises (India) Ltd NSE:GLOBE
78 GF Score
Price ₹2.21
GF Value ₹1.83
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Globe Enterprises (India) Interest Coverage?

Globe Enterprises (India) NSE:GLOBE 78 Interest Coverage is 1.73 as of Dec. 2025, which is 9% above its 10-year median of 1.59. GuruFocus rates NSE:GLOBE with a GF Score™ of 78/100 and a GF Value™ of ₹1.83 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 739 Manufacturing - Apparel & Accessories companies, Globe Enterprises (India) ranks worse than 78.48% 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. Globe Enterprises (India)'s Operating Income for the three months ended in Dec. 2025 was ₹79 Mil. Globe Enterprises (India)'s Interest Expense for the three months ended in Dec. 2025 was ₹-46 Mil. Globe Enterprises (India)'s interest coverage for the quarter that ended in Dec. 2025 was 1.73. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Globe Enterprises (India)'s Interest Coverage or its related term are showing as below:

NSE:GLOBE' s Interest Coverage Range Over the Past 10 Years
Min: 0.65   Med: 1.59   Max: 2.41
Current: 1.64


NSE:GLOBE's Interest Coverage is ranked worse than
78.48% of 739 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43 vs NSE:GLOBE: 1.64

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


Globe Enterprises (India)  (NSE:GLOBE) 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 .


Globe Enterprises (India) Interest Coverage Related Terms


Globe Enterprises (India) Interest Coverage Historical Data

* Premium members only.

The historical data trend for Globe Enterprises (India)'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.

Globe Enterprises (India) Interest Coverage Chart

Globe Enterprises (India) Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 1.78 1.64 0.99 1.45

Globe Enterprises (India) Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 Premium Member Only 1.29 1.74 1.53 1.53 1.73

Globe Enterprises (India) Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Globe Enterprises (India)'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.


Globe Enterprises (India) Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Globe Enterprises (India)'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Globe Enterprises (India)'s Interest Coverage falls into.


NSE:GLOBE
78GF Score
Globe Enterprises (India) Ltd NSE:GLOBE
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globe Enterprises (India) 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.

Globe Enterprises (India)'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, Globe Enterprises (India)'s Interest Expense was ₹-150 Mil. Its Operating Income was ₹218 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹86 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*217.581/-150.202
=1.45

Globe Enterprises (India)'s Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Globe Enterprises (India)'s Interest Expense was ₹-46 Mil. Its Operating Income was ₹79 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*78.641/-45.52
=1.73

* 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 1.73 mean?
Globe Enterprises (India) (NSE:GLOBE) has a Interest Coverage of 1.73 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Globe Enterprises (India) and its competitors. This is near median its historical median of 1.59. Over the past decade, Globe Enterprises (India)'s Interest Coverage has ranged from 0.65 to 2.41. According to the industry distribution chart, Globe Enterprises (India) ranks #580 out of 739 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 78.5%.
Is Globe Enterprises (India)'s Interest Coverage too high?
Globe Enterprises (India)'s current Interest Coverage of 1.73 is near median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 2.41. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.43. Globe Enterprises (India)'s value of 1.73 is 68.1% below this industry median. Based on the distribution chart, Globe Enterprises (India) ranks #580 out of 739 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Globe Enterprises (India) has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Globe Enterprises (India)'s Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Globe Enterprises (India) ranks #580 out of 739 companies for Interest Coverage. This places Globe Enterprises (India) in the lower half of its industry. The industry median Interest Coverage is 5.43. Globe Enterprises (India)'s value of 1.73 is 68.1% below this benchmark. Historically, Globe Enterprises (India)'s own Interest Coverage has ranged from 0.65 to 2.41 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 5.43, Globe Enterprises (India) 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.43, based on 739 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. Globe Enterprises (India)'s current Interest Coverage of 1.73 is 68.1% 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 Globe Enterprises (India) 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. Globe Enterprises (India)'s current Interest Coverage is 1.73, which is near median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Enterprises (India) stock overvalued right now?
Based on GuruFocus' analysis, Globe Enterprises (India) (NSE:GLOBE) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1.83, compared to a current price of ₹2.21 — trading 20.8% above its estimated fair value. The current Interest Coverage is 1.73, which is near median its 10-year median of 1.59 and 68.1% below the Manufacturing - Apparel & Accessories industry median of 5.43. Globe Enterprises (India)'s overall GF Score™ is 78/100 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 Globe Enterprises (India) (NSE:GLOBE), the current Interest Coverage is 1.73 as of Dec. 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.

Is Globe Enterprises (India) (NSE:GLOBE) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Enterprises (India) stock appears to be overvalued. The current stock price of ₹2.21 is trading 20.8% above its estimated GF Value™ of ₹1.83. GuruFocus considers Globe Enterprises (India) to be Modestly Overvalued.

Key valuation signals for NSE:GLOBE:

  • Interest Coverage: 1.73 (near median its 10-year median of 1.59)
  • GF Value™: ₹1.83 vs. price of ₹2.21 (20.8% above fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 68.1% below the Manufacturing - Apparel & Accessories median (#580 of 739)

No single metric tells the full story. See the NSE:GLOBE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Globe Enterprises (India) Business Description

Address Ahmedabad Apparel Park, Plot No. 38 to 41, GIDC Khokhra, Khokhra, Ahmedabad, GJ, IND, 380008
Globe Enterprises (India) Ltd, formerly known as Globe Textiles (India) Ltd, is mainly involved in the trading and manufacturing of textile products. The company's product portfolio includes denim and non-denim fabrics, shirting fabrics, printed fabrics, home textiles, jeans, and yarns. Geographically, the company generates maximum revenue from domestic sales and also exports its products to other countries.
78GF Score

Get the complete analysis for NSE:GLOBE

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2.21
Price
₹1.83
GF Value