Matrix Geo Solutions (NSE:MGSL) Interest Coverage: 86.02 (As of Mar. 2026) — 92% Above Median


NSE:MGSL Matrix Geo Solutions Ltd NSE:MGSL
32 GF Score
Price ₹66.00
! 4 Warning Signs
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What is Matrix Geo Solutions Interest Coverage?

Matrix Geo Solutions NSE:MGSL +4.35% 32 Interest Coverage is 86.02 as of Mar. 2026, which is 92% above its 10-year median of 44.76. GuruFocus rates NSE:MGSL with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 1,678 Hardware companies, Matrix Geo Solutions ranks better than 78.01% 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. Matrix Geo Solutions's Operating Income for the six months ended in Mar. 2026 was ₹69.1 Mil. Matrix Geo Solutions's Interest Expense for the six months ended in Mar. 2026 was ₹-0.8 Mil. Matrix Geo Solutions's interest coverage for the quarter that ended in Mar. 2026 was 86.02. 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. Matrix Geo Solutions Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Matrix Geo Solutions's Interest Coverage or its related term are showing as below:

NSE:MGSL' s Interest Coverage Range Over the Past 10 Years
Min: 12.4   Med: 44.76   Max: 95.85
Current: 75.5


NSE:MGSL's Interest Coverage is ranked better than
78.01% of 1678 companies
in the Hardware industry
Industry Median: 13.645 vs NSE:MGSL: 75.50

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


Matrix Geo Solutions  (NSE:MGSL) 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 .


Matrix Geo Solutions Interest Coverage Related Terms


Matrix Geo Solutions Interest Coverage Historical Data

* Premium members only.

The historical data trend for Matrix Geo Solutions'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.

Matrix Geo Solutions Interest Coverage Chart

Matrix Geo Solutions Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
95.85 12.40 20.09 44.76 75.50

Matrix Geo Solutions Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial N/A 44.88 44.64 65.21 86.02

NSE:MGSL vs COHR, KEYS, GRMN: Interest Coverage Comparison

For the Scientific & Technical Instruments subindustry, Matrix Geo Solutions'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.


Matrix Geo Solutions Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Matrix Geo Solutions's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Matrix Geo Solutions's Interest Coverage falls into.


NSE:MGSL
32GF Score
Matrix Geo Solutions Ltd NSE:MGSL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Matrix Geo Solutions 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.

Matrix Geo Solutions's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Matrix Geo Solutions's Interest Expense was ₹-1.6 Mil. Its Operating Income was ₹122.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹15.6 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*122.616/-1.624
=75.50

Matrix Geo Solutions's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Matrix Geo Solutions's Interest Expense was ₹-0.8 Mil. Its Operating Income was ₹69.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹15.6 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*69.077/-0.803
=86.02

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 86.02 mean?
Matrix Geo Solutions (NSE:MGSL) has a Interest Coverage of 86.02 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Matrix Geo Solutions and its competitors. This is 92% above median its historical median of 44.76. Over the past decade, Matrix Geo Solutions' Interest Coverage has ranged from 12.40 to 95.85. According to the industry distribution chart, Matrix Geo Solutions ranks #369 out of 1678 companies in the Hardware industry, placing it in the top 22%.
Is Matrix Geo Solutions' Interest Coverage too high?
Matrix Geo Solutions' current Interest Coverage of 86.02 is 92% above median its 10-year median of 44.76. Over the past 10 years, this metric has ranged from a low of 12.40 to a high of 95.85. The Hardware industry median Interest Coverage is 13.65. Matrix Geo Solutions' value of 86.02 is 530.4% above this industry median. Based on the distribution chart, Matrix Geo Solutions ranks #369 out of 1678 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Matrix Geo Solutions has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Matrix Geo Solutions' Interest Coverage compare to COHR and KEYS?
According to the Hardware industry distribution chart, Matrix Geo Solutions ranks #369 out of 1678 companies for Interest Coverage. This places Matrix Geo Solutions in the top 22% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 13.65. Matrix Geo Solutions' value of 86.02 is 530.4% above this benchmark. Historically, Matrix Geo Solutions' own Interest Coverage has ranged from 12.40 to 95.85 over the past decade. While the company's 10-year median is 44.76 vs. the industry median of 13.65, Matrix Geo Solutions 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.65, based on 1,678 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. Matrix Geo Solutions's current Interest Coverage of 86.02 is 530.4% 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 Matrix Geo Solutions and its competitors. For the Hardware industry, the median Interest Coverage is 13.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matrix Geo Solutions's current Interest Coverage is 86.02, which is 92% above median its own 10-year median of 44.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matrix Geo Solutions stock overvalued right now?
Matrix Geo Solutions (NSE:MGSL) has a current Interest Coverage of 86.02. The current Interest Coverage is 86.02, which is 92% above median its 10-year median of 44.76 and 530.4% above the Hardware industry median of 13.65. Matrix Geo Solutions' overall GF Score™ is 32/100 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 Matrix Geo Solutions (NSE:MGSL), the current Interest Coverage is 86.02 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.

Matrix Geo Solutions Business Description

Address Uttam Nagar, Plot No-A-1/87, Third Floor, Sewak Park, West Delhi, Delhi, IND, 110059
Matrix Geo Solutions Ltd is a Geospatial Technology and Engineering Consultancy, delivering cutting-edge solutions for survey, mapping, and data analysis. It provides geospatial and consulting services with a focus on Drone-as-a-Service (DaaS) and geospatial and remote sensing services. Through Drone as a service, it offers high-resolution drone-based aerial surveys for various applications, including mapping, surveillance, and infrastructure inspection. Services include the creation of detailed orthophotos, 3D models, digital elevation models, and precise topographical maps. In addition to drone services, it offers extensive consultancy in geospatial data analysis, where it utilizes remote sensing technologies like LiDAR, satellite imagery, and drone surveys to provide clients.
32GF Score

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