M Tek CopperNSE:MCL -0.69%39 Interest Coverage is 2.07 as of Jun. 2025, which is 63% below its 10-year median of 5.65. GuruFocus rates NSE:MCL with a GF Score™ of 39/100. The stock has 3 warning signs investors should review. Among 1,317 Metals & Mining companies, M Tek Copper ranks worse than 95.44% 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. M Tek Copper's
Operating Income
for the
three
months ended in Jun. 2025 was ₹17 Mil. M Tek Copper's Interest Expense for the
three
months ended in Jun. 2025 was ₹-8 Mil.
M Tek Copper's interest coverage for the quarter that ended in Jun. 2025 was 2.07.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for M Tek Copper's Interest Coverage or its related term are showing as below:
NSE:MCL'
s Interest Coverage Range Over the Past 10 Years
Min: 2.1 Med: 5.65 Max: 8.06
Current: 2.1
NSE:MCL's Interest Coverage is ranked worse than 95.44% of 1317
companies
in the Metals & Mining industry
Industry Median: No Debt
vs NSE:MCL: 2.10
M Tek Copper (NSE:MCL) 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 .
M Tek Copper Interest Coverage Related Terms
M Tek Copper Interest Coverage Historical Data
* Premium members only.
The historical data trend for M Tek Copper'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:MCL vs SCCO, FCX: Interest Coverage Comparison
For the Copper subindustry, M Tek Copper'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.
M Tek Copper Interest Coverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, M Tek Copper's Interest Coverage distribution charts can be found below:
* The bar in red indicates where M Tek Copper'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.
M Tek Copper (NSE:MCL) has a Interest Coverage of 2.07 as of Jun. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on M Tek Copper and its competitors. This is 63% below median its historical median of 5.65. Over the past decade, M Tek Copper's Interest Coverage has ranged from 2.10 to 8.06. According to the industry distribution chart, M Tek Copper ranks #1257 out of 1317 companies in the Metals & Mining industry, placing it in the top 95.4%.
Is M Tek Copper's Interest Coverage too high?
M Tek Copper's current Interest Coverage of 2.07 is 63% below median its 10-year median of 5.65. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 8.06. The Metals & Mining industry median Interest Coverage is 10,000.00. M Tek Copper's value of 2.07 is 100% below this industry median. Based on the distribution chart, M Tek Copper ranks #1257 out of 1317 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, M Tek Copper has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does M Tek Copper's Interest Coverage compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, M Tek Copper ranks #1257 out of 1317 companies for Interest Coverage. This places M Tek Copper in the lower half of its industry. The industry median Interest Coverage is 10,000.00. M Tek Copper's value of 2.07 is 100% below this benchmark. Historically, M Tek Copper's own Interest Coverage has ranged from 2.10 to 8.06 over the past decade. While the company's 10-year median is 5.65 vs. the industry median of 10,000.00, M Tek Copper 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 Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,317 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. M Tek Copper's current Interest Coverage of 2.07 is 100% 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 M Tek Copper and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. M Tek Copper's current Interest Coverage is 2.07, which is 63% below median its own 10-year median of 5.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is M Tek Copper stock overvalued right now?
M Tek Copper (NSE:MCL) has a current Interest Coverage of 2.07. The current Interest Coverage is 2.07, which is 63% below median its 10-year median of 5.65 and 100% below the Metals & Mining industry median of 10,000.00. M Tek Copper's overall GF Score™ is 39/100 with 3 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 M Tek Copper (NSE:MCL), the current Interest Coverage is 2.07 as of Jun. 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.
M Tek Copper Ltd, formerly Madhav Copper Ltd is engaged in the manufacturing of copper wires. Its products portfolio includes Bare Copper Wire, Copper End ring Laminates, Copper Strip And Rod-Profile, Enamelled Copper Round Winding Wire, among others.
39GF Score
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