Mandeep Auto IndustriesNSE:MANDEEP 18 Interest Coverage is 5.73 as of Mar. 2025, which is 3% below its 10-year median of 5.88. GuruFocus rates NSE:MANDEEP with a GF Score™ of 18/100. The stock has 6 warning signs investors should review. Among 1,066 Vehicles & Parts companies, Mandeep Auto Industries ranks worse than 58.35% 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. Mandeep Auto Industries's
Operating Income
for the
six
months ended in Mar. 2025 was ₹16.2 Mil. Mandeep Auto Industries's Interest Expense for the
six
months ended in Mar. 2025 was ₹-2.8 Mil.
Mandeep Auto Industries's interest coverage for the quarter that ended in Mar. 2025 was 5.73.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Mandeep Auto Industries's Interest Coverage or its related term are showing as below:
NSE:MANDEEP'
s Interest Coverage Range Over the Past 10 Years
Min: 5.18 Med: 5.88 Max: 12.86
Current: 5.73
NSE:MANDEEP's Interest Coverage is ranked worse than 58.35% of 1066
companies
in the Vehicles & Parts industry
Industry Median: 8.295
vs NSE:MANDEEP: 5.73
Mandeep Auto Industries (NSE:MANDEEP) 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 .
Mandeep Auto Industries Interest Coverage Related Terms
Mandeep Auto Industries Interest Coverage Historical Data
* Premium members only.
The historical data trend for Mandeep Auto Industries'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.
Mandeep Auto Industries Interest Coverage Chart
Mandeep Auto Industries Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Mar25
Interest Coverage
5.88
12.86
5.18
7.31
5.73
Mandeep Auto Industries Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
Mar25
Interest Coverage
5.88
12.86
5.18
7.31
5.73
NSE:MANDEEP vs ORLY, AZO: Interest Coverage Comparison
For the Auto Parts subindustry, Mandeep Auto Industries'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.
Mandeep Auto Industries Interest Coverage vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Mandeep Auto Industries's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Mandeep Auto Industries's Interest Coverage falls into.
Mandeep Auto Industries 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:
* 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.
Mandeep Auto Industries (NSE:MANDEEP) has a Interest Coverage of 5.73 as of Mar. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mandeep Auto Industries and its competitors. This is near median its historical median of 5.88. Over the past decade, Mandeep Auto Industries' Interest Coverage has ranged from 5.18 to 12.86. According to the industry distribution chart, Mandeep Auto Industries ranks #622 out of 1066 companies in the Vehicles & Parts industry, placing it in the top 58.3%.
Is Mandeep Auto Industries' Interest Coverage too high?
Mandeep Auto Industries' current Interest Coverage of 5.73 is near median its 10-year median of 5.88. Over the past 10 years, this metric has ranged from a low of 5.18 to a high of 12.86. The Vehicles & Parts industry median Interest Coverage is 8.30. Mandeep Auto Industries' value of 5.73 is 30.9% below this industry median. Based on the distribution chart, Mandeep Auto Industries ranks #622 out of 1066 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Mandeep Auto Industries has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Mandeep Auto Industries' Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Mandeep Auto Industries ranks #622 out of 1066 companies for Interest Coverage. This places Mandeep Auto Industries in the lower half of its industry. The industry median Interest Coverage is 8.30. Mandeep Auto Industries' value of 5.73 is 30.9% below this benchmark. Historically, Mandeep Auto Industries' own Interest Coverage has ranged from 5.18 to 12.86 over the past decade. While the company's 10-year median is 5.88 vs. the industry median of 8.30, Mandeep Auto Industries 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.30, based on 1,066 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. Mandeep Auto Industries's current Interest Coverage of 5.73 is 30.9% 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 Mandeep Auto Industries and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mandeep Auto Industries's current Interest Coverage is 5.73, which is near median its own 10-year median of 5.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mandeep Auto Industries stock overvalued right now?
Mandeep Auto Industries (NSE:MANDEEP) has a current Interest Coverage of 5.73. The current Interest Coverage is 5.73, which is near median its 10-year median of 5.88 and 30.9% below the Vehicles & Parts industry median of 8.30. Mandeep Auto Industries' overall GF Score™ is 18/100 with 6 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 Mandeep Auto Industries (NSE:MANDEEP), the current Interest Coverage is 5.73 as of Mar. 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.
Mandeep Auto Industries Ltd is engaged in the manufacturing, assembly, trading, import, export, distribution, franchising, and marketing of a wide range of automobile components and accessories. Its product portfolio comprises gears, transmissions, universal joints, springs, leaves, head lamps, sealed beams, induction hardened pins, axles, alloy springs, accessories, and fittings of all kinds. Additionally, the company also operates as a garage operator and showroom owner for motor vehicles, and acts as a supplier and dealer of petrol, electricity, and other forms of motive power. It also provides support and consulting services within the automotive sector. The company operates in a single business segment, the business of trading in automobile parts.
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