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Max Estates (NSE:MAXESTATES) Interest Coverage : 0.02 (As of Mar. 2025)


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What is Max Estates 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. Max Estates's Operating Income for the three months ended in Mar. 2025 was ₹3 Mil. Max Estates's Interest Expense for the three months ended in Mar. 2025 was ₹-165 Mil. Max Estates's interest coverage for the quarter that ended in Mar. 2025 was 0.02. The higher the ratio, the stronger the company's financial strength is.

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

NSE:MAXESTATES' s Interest Coverage Range Over the Past 10 Years
Min: 0.17   Med: 0.97   Max: 1.3
Current: 0.17


NSE:MAXESTATES's Interest Coverage is ranked worse than
97.94% of 1313 companies
in the Real Estate industry
Industry Median: 3.97 vs NSE:MAXESTATES: 0.17

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


Max Estates Interest Coverage Historical Data

The historical data trend for Max Estates'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.

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Max Estates Interest Coverage Chart

Max Estates Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial - 1.30 0.97 - 0.17

Max Estates Quarterly Data
Mar20 Mar21 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 - 0.39 0.01 0.23 0.02

Competitive Comparison of Max Estates's Interest Coverage

For the Real Estate - Development subindustry, Max Estates'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.


Max Estates's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Max Estates's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Max Estates's Interest Coverage falls into.


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Max Estates 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.

Max Estates'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, Max Estates's Interest Expense was ₹-619 Mil. Its Operating Income was ₹103 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹15,040 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*103.018/-618.676
=0.17

Max Estates's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Max Estates's Interest Expense was ₹-165 Mil. Its Operating Income was ₹3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹15,040 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*3.006/-165.459
=0.02

* 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.


Max Estates  (NSE:MAXESTATES) 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 .


Max Estates Interest Coverage Related Terms

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


Max Estates Business Description

Traded in Other Exchanges
Address
Plot No C 001/A, Sector 16B, Max Towers L 15, Noida, UP, IND, 201301
Max Estates Ltd is engaged in the business of real estate development. The company has paid close attention to creating a confluence of spaces that enable collaboration, innovation, and community, that are not just functional and aesthetically pleasing, but environmentally sustainable, and designed to promote the holistic wellness of its users. The Group is a one-segment company in the business of real estate development. The company involves Residential and Commercial Projects.

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