Osel Devices (NSE:OSELDEVICE) Interest Coverage: 6.59 (As of Sep. 2025) — 15% Above Median


NSE:OSELDEVICE Osel Devices Ltd NSE:OSELDEVICE
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What is Osel Devices Interest Coverage?

Osel Devices NSE:OSELDEVICE -0.87% 30 Interest Coverage is 6.59 as of Sep. 2025, which is 15% above its 10-year median of 5.73. GuruFocus rates NSE:OSELDEVICE with a GF Score™ of 30/100. The stock has 4 warning signs investors should review. Among 466 Medical Devices & Instruments companies, Osel Devices ranks worse than 64.16% 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. Osel Devices's Operating Income for the six months ended in Sep. 2025 was ₹241 Mil. Osel Devices's Interest Expense for the six months ended in Sep. 2025 was ₹-37 Mil. Osel Devices's interest coverage for the quarter that ended in Sep. 2025 was 6.59. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Osel Devices's Interest Coverage or its related term are showing as below:

NSE:OSELDEVICE' s Interest Coverage Range Over the Past 10 Years
Min: 3.51   Med: 5.73   Max: 9.13
Current: 7.79


NSE:OSELDEVICE's Interest Coverage is ranked worse than
64.16% of 466 companies
in the Medical Devices & Instruments industry
Industry Median: 15.875 vs NSE:OSELDEVICE: 7.79

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


Osel Devices  (NSE:OSELDEVICE) 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 .


Osel Devices Interest Coverage Related Terms


Osel Devices Interest Coverage Historical Data

* Premium members only.

The historical data trend for Osel Devices'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.

Osel Devices Interest Coverage Chart

Osel Devices Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
4.59 3.51 7.45 5.73 9.13

Osel Devices Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25
Interest Coverage Get a 7-Day Free Trial N/A N/A 8.06 10.00 6.59

NSE:OSELDEVICE vs ABT, SYK, MDT: Interest Coverage Comparison

For the Medical Devices subindustry, Osel Devices'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.


Osel Devices Interest Coverage vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Osel Devices's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Osel Devices's Interest Coverage falls into.


NSE:OSELDEVICE
30GF Score
Osel Devices Ltd NSE:OSELDEVICE
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Osel Devices 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.

Osel Devices'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, Osel Devices's Interest Expense was ₹-36 Mil. Its Operating Income was ₹328 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹16 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*327.743/-35.886
=9.13

Osel Devices's Interest Coverage for the quarter that ended in Sep. 2025 is calculated as

Here, for the six months ended in Sep. 2025, Osel Devices's Interest Expense was ₹-37 Mil. Its Operating Income was ₹241 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹12 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2025 )/Interest Expense (Q: Sep. 2025 )
=-1*240.876/-36.572
=6.59

* 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 6.59 mean?
Osel Devices (NSE:OSELDEVICE) has a Interest Coverage of 6.59 as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Osel Devices and its competitors. This is 15% above median its historical median of 5.73. Over the past decade, Osel Devices' Interest Coverage has ranged from 3.51 to 9.13. According to the industry distribution chart, Osel Devices ranks #299 out of 466 companies in the Medical Devices & Instruments industry, placing it in the top 64.2%.
Is Osel Devices' Interest Coverage too high?
Osel Devices' current Interest Coverage of 6.59 is 15% above median its 10-year median of 5.73. Over the past 10 years, this metric has ranged from a low of 3.51 to a high of 9.13. The Medical Devices & Instruments industry median Interest Coverage is 15.88. Osel Devices' value of 6.59 is 58.5% below this industry median. Based on the distribution chart, Osel Devices ranks #299 out of 466 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Osel Devices has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Osel Devices' Interest Coverage compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Osel Devices ranks #299 out of 466 companies for Interest Coverage. This places Osel Devices in the lower half of its industry. The industry median Interest Coverage is 15.88. Osel Devices' value of 6.59 is 58.5% below this benchmark. Historically, Osel Devices' own Interest Coverage has ranged from 3.51 to 9.13 over the past decade. While the company's 10-year median is 5.73 vs. the industry median of 15.88, Osel Devices 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 Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 15.88, based on 466 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. Osel Devices's current Interest Coverage of 6.59 is 58.5% 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 Osel Devices and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 15.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Osel Devices's current Interest Coverage is 6.59, which is 15% above median its own 10-year median of 5.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Osel Devices stock overvalued right now?
Osel Devices (NSE:OSELDEVICE) has a current Interest Coverage of 6.59. The current Interest Coverage is 6.59, which is 15% above median its 10-year median of 5.73 and 58.5% below the Medical Devices & Instruments industry median of 15.88. Osel Devices' overall GF Score™ is 30/100 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 Osel Devices (NSE:OSELDEVICE), the current Interest Coverage is 6.59 as of Sep. 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.

Osel Devices Business Description

Address Plot No. 3, Sector Knowledge Park- III, Signature Tower First Floor, Sector 34, Gautam Buddha Nagar, Greater Noida, UP, IND, 201308
Osel Devices Ltd is engaged in the manufacture, trade, retail, wholesale, import, export, warehousing, storage, distribution, assembly, repair, maintenance, integration, operation, testing, installation, and resale of hearing aids and LED display components, parts, and accessories. The company also carries out research and development activities related to all kinds of hearing aids, components, parts, and accessories. it offers variuos products including advanced hearing aids designed to improve auditory experience and LED solutions tailored to various industries, while also distributing Mobile products across India. it generates majority of revenue from hearing aids.
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