Naman Industries Proxima (NSE:NAMAN) Interest Coverage: N/A (As of Mar. 2025)


NSE:NAMAN Naman Industries Proxima Ltd NSE:NAMAN
18 GF Score
Price ₹46.60
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What is Naman Industries Proxima 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. Naman Industries Proxima's Operating Income for the six months ended in Mar. 2025 was ₹0 Mil. Naman Industries Proxima's Interest Expense for the six months ended in Mar. 2025 was ₹0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Naman Industries Proxima's Interest Coverage or its related term are showing as below:


NSE:NAMAN's Interest Coverage is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 11.05
* Ranked among companies with meaningful Interest Coverage only.

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


Naman Industries Proxima  (NSE:NAMAN) 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 .


Naman Industries Proxima Interest Coverage Related Terms


Naman Industries Proxima Interest Coverage Historical Data

* Premium members only.

The historical data trend for Naman Industries Proxima'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.

Naman Industries Proxima Interest Coverage Chart

Naman Industries Proxima Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
1.48 1.26 2.78 4.98 3.50

Naman Industries Proxima Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Mar25
Interest Coverage Get a 7-Day Free Trial N/A N/A 6.39 3.68 N/A

NSE:NAMAN vs SN, SGI, MHK: Interest Coverage Comparison

For the Furnishings, Fixtures & Appliances subindustry, Naman Industries Proxima'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.


Naman Industries Proxima Interest Coverage vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Naman Industries Proxima's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Naman Industries Proxima's Interest Coverage falls into.


NSE:NAMAN
18GF Score
Naman Industries Proxima Ltd NSE:NAMAN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Naman Industries Proxima 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.

Naman Industries Proxima'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, Naman Industries Proxima's Interest Expense was ₹-31 Mil. Its Operating Income was ₹108 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹71 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*108.4/-30.969
=3.50

Naman Industries Proxima's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the six months ended in Mar. 2025, Naman Industries Proxima's Interest Expense was ₹0 Mil. Its Operating Income was ₹0 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹71 Mil.

GuruFocus does not calculate Naman Industries Proxima's interest coverage with the available data.

* 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.


Naman Industries Proxima Business Description

Address National Highway No. 8, Unit No. 04/47, Kantharia Industrial Estate, Survey No.: 90/3/2/B, Opposite Sopara Phata Police Station, At & Post-Pelhar, Taluka- Vasai, District-Palghar, Palghar, MH, IND, 401208
Naman Industries Proxima Ltd, formerly Naman In-Store (India) Ltd is a display and retail furniture and fixture company with a broad spectrum of offerings and in-store solutions for various industries and retail stores. It manufacture modular furniture for offices, beauty stores, low-housing kitchens, educational institution as well as supermarket shelving solutions. It is engaged in single segment that is in the manufacturing of customized Retail Store fixtures and furniture in Wood, Metal, Plastic, Display fixtures & Furniture's, Indoor fixtures, Full Shops, CTU, CDU, POSM merchandising and others.
18GF Score

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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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