Kovai Medical Center & Hospital (NSE:KOVAI) Interest Coverage: 14.41 (As of Mar. 2026) — 87% Above Median


NSE:KOVAI Kovai Medical Center & Hospital Ltd NSE:KOVAI
75 GF Score
Price ₹6,019.00
GF Value ₹3,221.25
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Kovai Medical Center & Hospital Interest Coverage?

Kovai Medical Center & Hospital NSE:KOVAI -1.14% 75 Interest Coverage is 14.41 as of Mar. 2026, which is 87% above its 10-year median of 7.72. GuruFocus rates NSE:KOVAI with a GF Score™ of 75/100 and a GF Value™ of ₹3,221.25 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 453 Healthcare Providers & Services companies, Kovai Medical Center & Hospital ranks better than 56.73% 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. Kovai Medical Center & Hospital's Operating Income for the three months ended in Mar. 2026 was ₹819 Mil. Kovai Medical Center & Hospital's Interest Expense for the three months ended in Mar. 2026 was ₹-57 Mil. Kovai Medical Center & Hospital's interest coverage for the quarter that ended in Mar. 2026 was 14.41. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Kovai Medical Center & Hospital's Interest Coverage or its related term are showing as below:

NSE:KOVAI' s Interest Coverage Range Over the Past 10 Years
Min: 3.97   Med: 7.72   Max: 10.32
Current: 10.32


NSE:KOVAI's Interest Coverage is ranked better than
56.73% of 453 companies
in the Healthcare Providers & Services industry
Industry Median: 7.98 vs NSE:KOVAI: 10.32

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


Kovai Medical Center & Hospital  (NSE:KOVAI) 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 .


Kovai Medical Center & Hospital Interest Coverage Related Terms


Kovai Medical Center & Hospital Interest Coverage Historical Data

* Premium members only.

The historical data trend for Kovai Medical Center & Hospital'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.

Kovai Medical Center & Hospital Interest Coverage Chart

Kovai Medical Center & Hospital Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.97 4.59 7.70 8.82 10.29

Kovai Medical Center & Hospital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only 8.85 8.71 9.18 10.49 14.41

NSE:KOVAI vs HCA, THC, DVA: Interest Coverage Comparison

For the Medical Care Facilities subindustry, Kovai Medical Center & Hospital'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.


Kovai Medical Center & Hospital Interest Coverage vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kovai Medical Center & Hospital's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Kovai Medical Center & Hospital's Interest Coverage falls into.


NSE:KOVAI
75GF Score
Kovai Medical Center & Hospital Ltd NSE:KOVAI
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kovai Medical Center & Hospital 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.

Kovai Medical Center & Hospital'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, Kovai Medical Center & Hospital's Interest Expense was ₹-320 Mil. Its Operating Income was ₹3,295 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹3,472 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*3294.61/-320.169
=10.29

Kovai Medical Center & Hospital's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Kovai Medical Center & Hospital's Interest Expense was ₹-57 Mil. Its Operating Income was ₹819 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹3,472 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*819.107/-56.844
=14.41

* 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 14.41 mean?
Kovai Medical Center & Hospital (NSE:KOVAI) has a Interest Coverage of 14.41 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kovai Medical Center & Hospital and its competitors. This is 87% above median its historical median of 7.72. Over the past decade, Kovai Medical Center & Hospital's Interest Coverage has ranged from 3.97 to 10.32. According to the industry distribution chart, Kovai Medical Center & Hospital ranks #196 out of 453 companies in the Healthcare Providers & Services industry, placing it in the top 43.3%.
Is Kovai Medical Center & Hospital's Interest Coverage too high?
Kovai Medical Center & Hospital's current Interest Coverage of 14.41 is 87% above median its 10-year median of 7.72. Over the past 10 years, this metric has ranged from a low of 3.97 to a high of 10.32. The Healthcare Providers & Services industry median Interest Coverage is 7.98. Kovai Medical Center & Hospital's value of 14.41 is 80.6% above this industry median. Based on the distribution chart, Kovai Medical Center & Hospital ranks #196 out of 453 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Kovai Medical Center & Hospital has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kovai Medical Center & Hospital's Interest Coverage compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Kovai Medical Center & Hospital ranks #196 out of 453 companies for Interest Coverage. This puts Kovai Medical Center & Hospital in the upper half of its industry. The industry median Interest Coverage is 7.98. Kovai Medical Center & Hospital's value of 14.41 is 80.6% above this benchmark. Historically, Kovai Medical Center & Hospital's own Interest Coverage has ranged from 3.97 to 10.32 over the past decade. While the company's 10-year median is 7.72 vs. the industry median of 7.98, Kovai Medical Center & Hospital 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 Healthcare Providers & Services company?
The median Interest Coverage among Healthcare Providers & Services companies is 7.98, based on 453 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. Kovai Medical Center & Hospital's current Interest Coverage of 14.41 is 80.6% 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 Kovai Medical Center & Hospital and its competitors. For the Healthcare Providers & Services industry, the median Interest Coverage is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kovai Medical Center & Hospital's current Interest Coverage is 14.41, which is 87% above median its own 10-year median of 7.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kovai Medical Center & Hospital stock overvalued right now?
Based on GuruFocus' analysis, Kovai Medical Center & Hospital (NSE:KOVAI) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,221.25, compared to a current price of ₹6,019.00 — trading 86.9% above its estimated fair value. The current Interest Coverage is 14.41, which is 87% above median its 10-year median of 7.72 and 80.6% above the Healthcare Providers & Services industry median of 7.98. Kovai Medical Center & Hospital's overall GF Score™ is 75/100 with 1 warning sign 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 Kovai Medical Center & Hospital (NSE:KOVAI), the current Interest Coverage is 14.41 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.

Is Kovai Medical Center & Hospital (NSE:KOVAI) Overvalued in 2026?

Based on GuruFocus' analysis, Kovai Medical Center & Hospital stock appears to be overvalued. The current stock price of ₹6,019.00 is trading 86.9% above its estimated GF Value™ of ₹3,221.25. GuruFocus considers Kovai Medical Center & Hospital to be Significantly Overvalued.

Key valuation signals for NSE:KOVAI:

  • Interest Coverage: 14.41 (87% above median its 10-year median of 7.72)
  • GF Value™: ₹3,221.25 vs. price of ₹6,019.00 (86.9% above fair value)
  • GF Score™: 75/100 with 1 warning sign
  • Industry Position: 80.6% above the Healthcare Providers & Services median (#196 of 453)

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


Kovai Medical Center & Hospital Business Description

Other Exchanges 523323:India
Address No. 99, Avanashi Road, Post Box No. 3209, Coimbatore, TN, IND, 641 014
Kovai Medical Center & Hospital Ltd provides hospital services to inpatients and outpatients. The company's operating segments include Healthcare Services and Education Services. It generates maximum revenue from the Healthcare segment. The company operates various medical facilities, which provide services related to critical care medicine, dermatology, emergency, Endocrinology and Diabetology, Fertility and reproductive medicine, gastroenterology, neonatology, nephrology, neurology, obstetrics and gynecology, pediatric surgery, pulmonology, psychological medicine, and rheumatology, as well as health check programs and pediatrics.
75GF Score

Get the complete analysis for NSE:KOVAI

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

₹6,019.00
Price
₹3,221.25
GF Value