Medistep HealthcareNSE:MEDISTEP +9.70%19 Interest Coverage is 184.12 as of Mar. 2025, which is 478% above its 10-year median of 31.86. GuruFocus rates NSE:MEDISTEP with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 89 Medical Distribution companies, Medistep Healthcare ranks better than 86.52% 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. Medistep Healthcare's
Operating Income
for the
six
months ended in Mar. 2025 was ₹55.8 Mil. Medistep Healthcare's Interest Expense for the
six
months ended in Mar. 2025 was ₹-0.3 Mil.
Medistep Healthcare's interest coverage for the quarter that ended in Mar. 2025 was 184.12.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Medistep Healthcare Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Medistep Healthcare's Interest Coverage or its related term are showing as below:
NSE:MEDISTEP'
s Interest Coverage Range Over the Past 10 Years
Min: 7.01 Med: 31.86 Max: 184.12
Current: 184.12
NSE:MEDISTEP's Interest Coverage is ranked better than 86.52% of 89
companies
in the Medical Distribution industry
Industry Median: 6.23
vs NSE:MEDISTEP: 184.12
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 .
Medistep Healthcare Interest Coverage Related Terms
Medistep Healthcare Interest Coverage Historical Data
* Premium members only.
The historical data trend for Medistep Healthcare'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.
Medistep Healthcare Interest Coverage Chart
Medistep Healthcare Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Interest Coverage
7.01
9.60
54.11
184.12
Medistep Healthcare Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Interest Coverage
7.01
9.60
54.11
184.12
NSE:MEDISTEP vs MCK, CAH, COR: Interest Coverage Comparison
For the Medical Distribution subindustry, Medistep Healthcare'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.
Medistep Healthcare Interest Coverage vs Medical Distribution Industry
For the Medical Distribution industry and Healthcare sector, Medistep Healthcare's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Medistep Healthcare'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.
Medistep Healthcare (NSE:MEDISTEP) has a Interest Coverage of 184.12 as of Mar. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Medistep Healthcare and its competitors. This is 478% above median its historical median of 31.86. Over the past decade, Medistep Healthcare's Interest Coverage has ranged from 7.01 to 184.12. According to the industry distribution chart, Medistep Healthcare ranks #12 out of 89 companies in the Medical Distribution industry, placing it in the top 13.5%.
Is Medistep Healthcare's Interest Coverage too high?
Medistep Healthcare's current Interest Coverage of 184.12 is 478% above median its 10-year median of 31.86. Over the past 10 years, this metric has ranged from a low of 7.01 to a high of 184.12. The Medical Distribution industry median Interest Coverage is 6.23. Medistep Healthcare's value of 184.12 is 2855.4% above this industry median. Based on the distribution chart, Medistep Healthcare ranks #12 out of 89 companies in the Medical Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, Medistep Healthcare has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Medistep Healthcare's Interest Coverage compare to MCK and CAH?
According to the Medical Distribution industry distribution chart, Medistep Healthcare ranks #12 out of 89 companies for Interest Coverage. This places Medistep Healthcare in the top 14% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 6.23. Medistep Healthcare's value of 184.12 is 2855.4% above this benchmark. Historically, Medistep Healthcare's own Interest Coverage has ranged from 7.01 to 184.12 over the past decade. While the company's 10-year median is 31.86 vs. the industry median of 6.23, Medistep Healthcare 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 Distribution company?
The median Interest Coverage among Medical Distribution companies is 6.23, based on 89 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. Medistep Healthcare's current Interest Coverage of 184.12 is 2855.4% 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 Medistep Healthcare and its competitors. For the Medical Distribution industry, the median Interest Coverage is 6.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medistep Healthcare's current Interest Coverage is 184.12, which is 478% above median its own 10-year median of 31.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medistep Healthcare stock overvalued right now?
Medistep Healthcare (NSE:MEDISTEP) has a current Interest Coverage of 184.12. The current Interest Coverage is 184.12, which is 478% above median its 10-year median of 31.86 and 2855.4% above the Medical Distribution industry median of 6.23. Medistep Healthcare's overall GF Score™ is 19/100 with 2 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 Medistep Healthcare (NSE:MEDISTEP), the current Interest Coverage is 184.12 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.
Medistep Healthcare Ltd operates in the pharmaceutical and healthcare product sectors. Its business includes manufacturing intimate care and hygiene products such as sanitary pads, as well as nutraceutical products like energy powders. The company also trades a variety of pharmaceutical, surgical, and medical equipment products. Medistep Healthcare's operations focus mainly on the western region of India, particularly in Gujarat. Its Core business activity is divided into the following categories: a) Trading of Pharmaceutical & Surgical products, b) Trading & Manufacturing of Nutraceuticals and Intimate care & hygiene products. The company generates the majority of its revenue from Trading and distribution.
19GF Score
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