GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hilton Metal Forging Ltd (NSE:HILTON) » Definitions » Interest Coverage

Hilton Metal Forging (NSE:HILTON) Interest Coverage : 1.02 (As of Mar. 2025)


View and export this data going back to 2007. Start your Free Trial

What is Hilton Metal Forging Interest Coverage?

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. Hilton Metal Forging's Operating Income for the three months ended in Mar. 2025 was ₹18 Mil. Hilton Metal Forging's Interest Expense for the three months ended in Mar. 2025 was ₹-17 Mil. Hilton Metal Forging's interest coverage for the quarter that ended in Mar. 2025 was 1.02. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Hilton Metal Forging's Interest Coverage or its related term are showing as below:

NSE:HILTON' s Interest Coverage Range Over the Past 10 Years
Min: 0.75   Med: 1.36   Max: 2.33
Current: 1.13


NSE:HILTON's Interest Coverage is ranked worse than
94.83% of 2283 companies
in the Industrial Products industry
Industry Median: 15.65 vs NSE:HILTON: 1.13

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


Hilton Metal Forging Interest Coverage Historical Data

The historical data trend for Hilton Metal Forging'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.

* Premium members only.

Hilton Metal Forging Interest Coverage Chart

Hilton Metal Forging 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 - 0.80 2.33 1.93 1.13

Hilton Metal Forging Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.92 1.27 1.21 1.05 1.02

Competitive Comparison of Hilton Metal Forging's Interest Coverage

For the Metal Fabrication subindustry, Hilton Metal Forging'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.


Hilton Metal Forging's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hilton Metal Forging's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hilton Metal Forging's Interest Coverage falls into.


;
;

Hilton Metal Forging 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.

Hilton Metal Forging'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, Hilton Metal Forging's Interest Expense was ₹-70 Mil. Its Operating Income was ₹80 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹125 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*79.68/-70.466
=1.13

Hilton Metal Forging's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Hilton Metal Forging's Interest Expense was ₹-17 Mil. Its Operating Income was ₹18 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹125 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*17.519/-17.136
=1.02

* 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.


Hilton Metal Forging  (NSE:HILTON) 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 .


Hilton Metal Forging Interest Coverage Related Terms

Thank you for viewing the detailed overview of Hilton Metal Forging's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Hilton Metal Forging Business Description

Traded in Other Exchanges
Address
Akurli Road, Near Growel 101 Mall, 204, Tanishka Commercial Building, Kandivali - East, Mumbai, MH, IND, 400101
Hilton Metal Forging Ltd is engaged in the business of manufacturing iron and steel forging. The company serves the Oil and gas industry, Petrochemicals, Railways, Automobiles and refineries industry. The company's product portfolio includes Flanges and forged fittings, Engineered parts, Stainless steel flanges, High-pressure flanges, Crankshaft, Body bonnets, Hydraulic fittings, Forged components, Christmas tree components, Topdeck covers, Stub ends, Threaded flanges, Blind flanges, Weld neck flanges, and socket welded flanges.

Hilton Metal Forging Headlines

No Headlines