Saatvik Green EnergyNSE:SAATVIKGL -2.96%28 Interest Coverage is 5.44 as of Mar. 2026, which is 18% below its 10-year median of 6.66. GuruFocus rates NSE:SAATVIKGL with a GF Score™ of 28/100. The stock has 4 warning signs investors should review. Among 635 Semiconductors companies, Saatvik Green Energy ranks worse than 74.65% 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. Saatvik Green Energy's
Operating Income
for the
three
months ended in Mar. 2026 was ₹843 Mil. Saatvik Green Energy's Interest Expense for the
three
months ended in Mar. 2026 was ₹-155 Mil.
Saatvik Green Energy's interest coverage for the quarter that ended in Mar. 2026 was 5.44.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Saatvik Green Energy's Interest Coverage or its related term are showing as below:
NSE:SAATVIKGL'
s Interest Coverage Range Over the Past 10 Years
Min: 2.11 Med: 6.66 Max: 10.43
Current: 6.08
NSE:SAATVIKGL's Interest Coverage is ranked worse than 74.65% of 635
companies
in the Semiconductors industry
Industry Median: 20.32
vs NSE:SAATVIKGL: 6.08
Saatvik Green Energy (NSE:SAATVIKGL) 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 .
Saatvik Green Energy Interest Coverage Related Terms
Saatvik Green Energy Interest Coverage Historical Data
* Premium members only.
The historical data trend for Saatvik Green Energy'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.
NSE:SAATVIKGL vs FSLR, NXT, ENPH: Interest Coverage Comparison
For the Solar subindustry, Saatvik Green Energy'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.
Saatvik Green Energy Interest Coverage vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Saatvik Green Energy's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Saatvik Green Energy's Interest Coverage falls into.
Saatvik Green Energy 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:
* 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.
Saatvik Green Energy (NSE:SAATVIKGL) has a Interest Coverage of 5.44 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Saatvik Green Energy and its competitors. This is 18% below median its historical median of 6.66. Over the past decade, Saatvik Green Energy's Interest Coverage has ranged from 2.11 to 10.43. According to the industry distribution chart, Saatvik Green Energy ranks #474 out of 635 companies in the Semiconductors industry, placing it in the top 74.6%.
Is Saatvik Green Energy's Interest Coverage too high?
Saatvik Green Energy's current Interest Coverage of 5.44 is 18% below median its 10-year median of 6.66. Over the past 10 years, this metric has ranged from a low of 2.11 to a high of 10.43. The Semiconductors industry median Interest Coverage is 20.32. Saatvik Green Energy's value of 5.44 is 73.2% below this industry median. Based on the distribution chart, Saatvik Green Energy ranks #474 out of 635 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Saatvik Green Energy has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Saatvik Green Energy's Interest Coverage compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Saatvik Green Energy ranks #474 out of 635 companies for Interest Coverage. This places Saatvik Green Energy in the lower half of its industry. The industry median Interest Coverage is 20.32. Saatvik Green Energy's value of 5.44 is 73.2% below this benchmark. Historically, Saatvik Green Energy's own Interest Coverage has ranged from 2.11 to 10.43 over the past decade. While the company's 10-year median is 6.66 vs. the industry median of 20.32, Saatvik Green Energy 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.32, based on 635 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. Saatvik Green Energy's current Interest Coverage of 5.44 is 73.2% 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 Saatvik Green Energy and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saatvik Green Energy's current Interest Coverage is 5.44, which is 18% below median its own 10-year median of 6.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saatvik Green Energy stock overvalued right now?
Saatvik Green Energy (NSE:SAATVIKGL) has a current Interest Coverage of 5.44. The current Interest Coverage is 5.44, which is 18% below median its 10-year median of 6.66 and 73.2% below the Semiconductors industry median of 20.32. Saatvik Green Energy's overall GF Score™ is 28/100 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 Saatvik Green Energy (NSE:SAATVIKGL), the current Interest Coverage is 5.44 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.
Saatvik Green Energy Ltd is engaged in module manufacturing as well as engineering, procurement and construction (EPC) and operations and maintenance (O&M) services. The company offers a comprehensive portfolio of solar module products that are currently manufactured using technologies that help reduce energy loss and enhance overall efficiency. Its solar energy products include: (i) monocrystalline passive emitter and rear cell modules; and (ii) N-TopCon solar modules, both types are offered in mono-facial and bifacial options, suitable for various applications, including residential, commercial and utility scale solar projects. It manufactures its products through the use of M10 technology for its Mono PERC modules and M10, G12, M10R and G12R technologies for its N-TopCon modules.
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