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. Moksh Ornaments's
Operating Income
for the
three
months ended in Sep. 2024 was ₹44 Mil. Moksh Ornaments's Interest Expense for the
three
months ended in Sep. 2024 was ₹-13 Mil.
Moksh Ornaments's interest coverage for the quarter that ended in Sep. 2024 was 3.33.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Moksh Ornaments's Interest Coverage or its related term are showing as below:
NSE:MOKSH's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.96 * Ranked among companies with meaningful Interest Coverage only.
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 .
Moksh Ornaments Interest Coverage Related Terms
Moksh Ornaments Interest Coverage Historical Data
* Premium members only.
The historical data trend for Moksh Ornaments'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.
For the Luxury Goods subindustry, Moksh Ornaments'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.
Moksh Ornaments Interest Coverage vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Moksh Ornaments's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Moksh Ornaments'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.
Moksh Ornaments (NSE:MOKSH) has a Interest Coverage of 3.33 as of Sep. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Moksh Ornaments and its competitors.
Is Moksh Ornaments' Interest Coverage too high?
Moksh Ornaments' current Interest Coverage is 3.33. The Retail - Cyclical industry median Interest Coverage is 7.96. Moksh Ornaments' value of 3.33 is 58.2% below this industry median. Overall, Moksh Ornaments has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Moksh Ornaments' Interest Coverage compare to TPR?
Moksh Ornaments' Interest Coverage of 3.33 can be compared against companies in the Retail - Cyclical industry. The industry median Interest Coverage is 7.96. Moksh Ornaments' value of 3.33 is 58.2% below this benchmark. 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 Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.96, based on 825 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. Moksh Ornaments's current Interest Coverage of 3.33 is 58.2% 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 Moksh Ornaments and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Moksh Ornaments's current Interest Coverage is 3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moksh Ornaments stock overvalued right now?
Moksh Ornaments (NSE:MOKSH) has a current Interest Coverage of 3.33. The current Interest Coverage is 3.33 and 58.2% below the Retail - Cyclical industry median of 7.96. Moksh Ornaments' overall GF Score™ is 4/100. 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 Moksh Ornaments (NSE:MOKSH), the current Interest Coverage is 3.33 as of Sep. 2024. 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.
Moksh Ornaments Ltd is an India based company engaged in the manufacturing and wholesale of jewellery. The company sells gold jewellery and its product profile includes Bangles, Chain, and Mangalsutra. The jewelleries are manufactured on job work basis at Kolkata and Mumbai.
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