Greenleaf Envirotech (NSE:GREENLEAF) Interest Coverage: 20.11 (As of Mar. 2026) — 81% Above Median


NSE:GREENLEAF Greenleaf Envirotech Ltd NSE:GREENLEAF
20 GF Score
Price ₹87.85
! 4 Warning Signs
View Full Analysis

What is Greenleaf Envirotech Interest Coverage?

Greenleaf Envirotech NSE:GREENLEAF +4.96% 20 Interest Coverage is 20.11 as of Mar. 2026, which is 81% above its 10-year median of 11.12. GuruFocus rates NSE:GREENLEAF with a GF Score™ of 20/100. The stock has 4 warning signs investors should review. Among 161 Waste Management companies, Greenleaf Envirotech ranks better than 76.4% 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. Greenleaf Envirotech's Operating Income for the six months ended in Mar. 2026 was ₹99.9 Mil. Greenleaf Envirotech's Interest Expense for the six months ended in Mar. 2026 was ₹-5.0 Mil. Greenleaf Envirotech's interest coverage for the quarter that ended in Mar. 2026 was 20.11. The higher the ratio, the stronger the company's financial strength is.

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

NSE:GREENLEAF' s Interest Coverage Range Over the Past 10 Years
Min: 2.7   Med: 11.12   Max: 20.11
Current: 20.11


NSE:GREENLEAF's Interest Coverage is ranked better than
76.4% of 161 companies
in the Waste Management industry
Industry Median: 5.72 vs NSE:GREENLEAF: 20.11

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


Greenleaf Envirotech  (NSE:GREENLEAF) 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 .


Greenleaf Envirotech Interest Coverage Related Terms


Greenleaf Envirotech Interest Coverage Historical Data

* Premium members only.

The historical data trend for Greenleaf Envirotech'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.

Greenleaf Envirotech Interest Coverage Chart

Greenleaf Envirotech Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Interest Coverage
2.70 6.00 16.23 20.11

Greenleaf Envirotech Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Interest Coverage 2.70 6.00 16.23 20.11

NSE:GREENLEAF vs WM, RSG, WCN: Interest Coverage Comparison

For the Waste Management subindustry, Greenleaf Envirotech'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.


Greenleaf Envirotech Interest Coverage vs Waste Management Industry

For the Waste Management industry and Industrials sector, Greenleaf Envirotech's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Greenleaf Envirotech's Interest Coverage falls into.


NSE:GREENLEAF
20GF Score
Greenleaf Envirotech Ltd NSE:GREENLEAF
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greenleaf Envirotech 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.

Greenleaf Envirotech'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, Greenleaf Envirotech's Interest Expense was ₹-5.0 Mil. Its Operating Income was ₹99.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹25.5 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*99.862/-4.966
=20.11

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

Here, for the six months ended in Mar. 2026, Greenleaf Envirotech's Interest Expense was ₹-5.0 Mil. Its Operating Income was ₹99.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹25.5 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*99.862/-4.966
=20.11

* 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 20.11 mean?
Greenleaf Envirotech (NSE:GREENLEAF) has a Interest Coverage of 20.11 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Greenleaf Envirotech and its competitors. This is 81% above median its historical median of 11.12. Over the past decade, Greenleaf Envirotech's Interest Coverage has ranged from 2.70 to 20.11. According to the industry distribution chart, Greenleaf Envirotech ranks #38 out of 161 companies in the Waste Management industry, placing it in the top 23.6%.
Is Greenleaf Envirotech's Interest Coverage too high?
Greenleaf Envirotech's current Interest Coverage of 20.11 is 81% above median its 10-year median of 11.12. Over the past 10 years, this metric has ranged from a low of 2.70 to a high of 20.11. The Waste Management industry median Interest Coverage is 5.72. Greenleaf Envirotech's value of 20.11 is 251.6% above this industry median. Based on the distribution chart, Greenleaf Envirotech ranks #38 out of 161 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Greenleaf Envirotech has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Greenleaf Envirotech's Interest Coverage compare to WM and RSG?
According to the Waste Management industry distribution chart, Greenleaf Envirotech ranks #38 out of 161 companies for Interest Coverage. This places Greenleaf Envirotech in the top 24% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.72. Greenleaf Envirotech's value of 20.11 is 251.6% above this benchmark. Historically, Greenleaf Envirotech's own Interest Coverage has ranged from 2.70 to 20.11 over the past decade. While the company's 10-year median is 11.12 vs. the industry median of 5.72, Greenleaf Envirotech 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 Waste Management company?
The median Interest Coverage among Waste Management companies is 5.72, based on 161 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. Greenleaf Envirotech's current Interest Coverage of 20.11 is 251.6% 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 Greenleaf Envirotech and its competitors. For the Waste Management industry, the median Interest Coverage is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenleaf Envirotech's current Interest Coverage is 20.11, which is 81% above median its own 10-year median of 11.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenleaf Envirotech stock overvalued right now?
Greenleaf Envirotech (NSE:GREENLEAF) has a current Interest Coverage of 20.11. The current Interest Coverage is 20.11, which is 81% above median its 10-year median of 11.12 and 251.6% above the Waste Management industry median of 5.72. Greenleaf Envirotech's overall GF Score™ is 20/100 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 Greenleaf Envirotech (NSE:GREENLEAF), the current Interest Coverage is 20.11 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.

Greenleaf Envirotech Business Description

Address Singanpore Road, 3rd Floor, Room No. 4, Plot No.27-35, Kankavati Complex, Nandanvan Group Housing Society, Surat, GJ, IND, 395004
Greenleaf Envirotech Ltd is engaged in providing engineering, procurement, construction (EPC) and turnkey solutions for Wastewater Treatment Projects (WWT) specifically in Sewage Treatment Plants (STPs) and Effluent Treatment Plants (ETPs) catering to private and public sectors. Its scope of services covers different stages of the WWT project lifecycle from design engineering, procurement, supply, installation, testing, commissioning and project management. The company also provide operations and maintenance (O&M) and annual maintenance contract (AMC) services for WWT projects on standalone basis. It also provides fire and safety services where the company supply and refill fire extinguisher for its clients.
20GF Score

Get the complete analysis for NSE:GREENLEAF

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

₹87.85
Price