Q-Line BiotechNSE:QLINE -5.15%12 Interest Coverage is 5.25 as of Mar. 2025, which is 11% below its 10-year median of 5.90. GuruFocus rates NSE:QLINE with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 466 Medical Devices & Instruments companies, Q-Line Biotech ranks worse than 75.11% 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. Q-Line Biotech's
Operating Income
for the
six
months ended in Mar. 2025 was ₹697 Mil. Q-Line Biotech's Interest Expense for the
six
months ended in Mar. 2025 was ₹-133 Mil.
Q-Line Biotech's interest coverage for the quarter that ended in Mar. 2025 was 5.25.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Q-Line Biotech's Interest Coverage or its related term are showing as below:
NSE:QLINE'
s Interest Coverage Range Over the Past 10 Years
Min: 5.25 Med: 5.9 Max: 10.56
Current: 5.25
NSE:QLINE's Interest Coverage is ranked worse than 75.11% of 466
companies
in the Medical Devices & Instruments industry
Industry Median: 15.875
vs NSE:QLINE: 5.25
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 .
Q-Line Biotech Interest Coverage Related Terms
Q-Line Biotech Interest Coverage Historical Data
* Premium members only.
The historical data trend for Q-Line Biotech'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.
Q-Line Biotech Interest Coverage Chart
Q-Line Biotech Annual Data
Trend
Mar23
Mar24
Mar25
Interest Coverage
10.56
5.90
5.25
Q-Line Biotech Semi-Annual Data
Mar23
Mar24
Mar25
Interest Coverage
10.56
5.90
5.25
NSE:QLINE vs ABT, SYK, MDT: Interest Coverage Comparison
For the Medical Devices subindustry, Q-Line Biotech'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.
Q-Line Biotech Interest Coverage vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Q-Line Biotech's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Q-Line Biotech'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.
Q-Line Biotech (NSE:QLINE) has a Interest Coverage of 5.25 as of Mar. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Q-Line Biotech and its competitors. This is 11% below median its historical median of 5.90. Over the past decade, Q-Line Biotech's Interest Coverage has ranged from 5.25 to 10.56. According to the industry distribution chart, Q-Line Biotech ranks #350 out of 466 companies in the Medical Devices & Instruments industry, placing it in the top 75.1%.
Is Q-Line Biotech's Interest Coverage too high?
Q-Line Biotech's current Interest Coverage of 5.25 is 11% below median its 10-year median of 5.90. Over the past 10 years, this metric has ranged from a low of 5.25 to a high of 10.56. The Medical Devices & Instruments industry median Interest Coverage is 15.88. Q-Line Biotech's value of 5.25 is 66.9% below this industry median. Based on the distribution chart, Q-Line Biotech ranks #350 out of 466 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Q-Line Biotech has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Q-Line Biotech's Interest Coverage compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Q-Line Biotech ranks #350 out of 466 companies for Interest Coverage. This places Q-Line Biotech in the lower half of its industry. The industry median Interest Coverage is 15.88. Q-Line Biotech's value of 5.25 is 66.9% below this benchmark. Historically, Q-Line Biotech's own Interest Coverage has ranged from 5.25 to 10.56 over the past decade. While the company's 10-year median is 5.90 vs. the industry median of 15.88, Q-Line Biotech 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. Q-Line Biotech's current Interest Coverage of 5.25 is 66.9% 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 Q-Line Biotech 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. Q-Line Biotech's current Interest Coverage is 5.25, which is 11% below median its own 10-year median of 5.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Q-Line Biotech stock overvalued right now?
Q-Line Biotech (NSE:QLINE) has a current Interest Coverage of 5.25. The current Interest Coverage is 5.25, which is 11% below median its 10-year median of 5.90 and 66.9% below the Medical Devices & Instruments industry median of 15.88. Q-Line Biotech's overall GF Score™ is 12/100 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 Q-Line Biotech (NSE:QLINE), the current Interest Coverage is 5.25 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.
Q-Line Biotech Ltd is engaged in the business of developing, manufacturing and marketing of diverse range of reagents (including kits and POC devices) & consumables and manufacturing, importing, distribution/supply of diagnostic equipment for different diagnostic healthcare needs. The company supplies diagnostic equipment and IVD products for different diagnostic healthcare needs directly or through its distributors majorly to diagnostic service providers, hospitals and medical colleges. It is engaged in Manufacturing and Trading into Biochemistry Regnant, Instruments and Consumables. The majority of revenue is derived from the Manufacturing segment.
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