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Laxmi DentalNSE:LAXMIDENTL +0.99%28 Interest Coverage is 26.43 as of Mar. 2026, which is 561% above its 10-year median of 4.00. GuruFocus rates NSE:LAXMIDENTL with a GF Score™ of 28/100. The stock has 4 warning signs investors should review. Among 466 Medical Devices & Instruments companies, Laxmi Dental ranks better than 54.29% 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. Laxmi Dental's
Operating Income
for the
three
months ended in Mar. 2026 was ₹91 Mil. Laxmi Dental's Interest Expense for the
three
months ended in Mar. 2026 was ₹-3 Mil.
Laxmi Dental's interest coverage for the quarter that ended in Mar. 2026 was 26.43.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Laxmi Dental's Interest Coverage or its related term are showing as below:
NSE:LAXMIDENTL'
s Interest Coverage Range Over the Past 10 Years
Min: 0.05 Med: 4 Max: 20.16
Current: 20.16
NSE:LAXMIDENTL's Interest Coverage is ranked better than 54.29% of 466
companies
in the Medical Devices & Instruments industry
Industry Median: 16.05
vs NSE:LAXMIDENTL: 20.16
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 .
Laxmi Dental Interest Coverage Related Terms
Laxmi Dental Interest Coverage Historical Data
* Premium members only.
The historical data trend for Laxmi Dental'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.
NSE:LAXMIDENTL vs ISRG, BDX, MDLN: Interest Coverage Comparison
For the Medical Instruments & Supplies subindustry, Laxmi Dental'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.
Laxmi Dental Interest Coverage vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Laxmi Dental's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Laxmi Dental's Interest Coverage falls into.
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:
* 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.
Laxmi Dental (NSE:LAXMIDENTL) has a Interest Coverage of 26.43 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Laxmi Dental and its competitors. This is 561% above median its historical median of 4.00. Over the past decade, Laxmi Dental's Interest Coverage has ranged from 0.05 to 20.16. According to the industry distribution chart, Laxmi Dental ranks #213 out of 466 companies in the Medical Devices & Instruments industry, placing it in the top 45.7%.
Is Laxmi Dental's Interest Coverage too high?
Laxmi Dental's current Interest Coverage of 26.43 is 561% above median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 20.16. The Medical Devices & Instruments industry median Interest Coverage is 16.05. Laxmi Dental's value of 26.43 is 64.7% above this industry median. Based on the distribution chart, Laxmi Dental ranks #213 out of 466 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Laxmi Dental has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Laxmi Dental's Interest Coverage compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Laxmi Dental ranks #213 out of 466 companies for Interest Coverage. This puts Laxmi Dental in the upper half of its industry. The industry median Interest Coverage is 16.05. Laxmi Dental's value of 26.43 is 64.7% above this benchmark. Historically, Laxmi Dental's own Interest Coverage has ranged from 0.05 to 20.16 over the past decade. While the company's 10-year median is 4.00 vs. the industry median of 16.05, Laxmi Dental 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 Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 16.05, based on 466 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. Laxmi Dental's current Interest Coverage of 26.43 is 64.7% 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 Laxmi Dental and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 16.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Laxmi Dental's current Interest Coverage is 26.43, which is 561% above median its own 10-year median of 4.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Laxmi Dental stock overvalued right now?
Laxmi Dental (NSE:LAXMIDENTL) has a current Interest Coverage of 26.43. The current Interest Coverage is 26.43, which is 561% above median its 10-year median of 4.00 and 64.7% above the Medical Devices & Instruments industry median of 16.05. Laxmi Dental's overall GF Score™ is 28/100 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 Laxmi Dental (NSE:LAXMIDENTL), the current Interest Coverage is 26.43 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.
Laxmi Dental Ltd is an end-to-end integrated dental products company. Its products include custom-made crowns and bridges, branded dental products such as clear aligners, thermoforming sheets, and aligner-related products as a part of aligner solutions, and paediatric dental products. The Group has three reportable segments: Laboratory Business segment comprises dental prostheses, such as metal-free crowns & bridges, Porcelain Fused to Metal (PFM) Crowns and Bridges, and Dentures. The Aligners Business segment comprises dental aligners, Retainers, Raw Materials for Aligners, Sport Guards, Night Guards, and Sleep Apnea Devices. The Other Business segment comprises Dental distribution products used in Dental Laboratory, Dental Clinical Services, and Dental Educational Courses.
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