SreeleathersNSE:SREEL -2.81%88 Interest Coverage is 121.74 as of Mar. 2026, which is 22% above its 10-year median of 99.55. GuruFocus rates NSE:SREEL with a GF Score™ of 88/100 and a GF Value™ of ₹282.09 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 733 Manufacturing - Apparel & Accessories companies, Sreeleathers ranks better than 87.72% 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. Sreeleathers's
Operating Income
for the
three
months ended in Mar. 2026 was ₹96 Mil. Sreeleathers's Interest Expense for the
three
months ended in Mar. 2026 was ₹-1 Mil.
Sreeleathers's interest coverage for the quarter that ended in Mar. 2026 was 121.74.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Sreeleathers Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Sreeleathers's Interest Coverage or its related term are showing as below:
NSE:SREEL'
s Interest Coverage Range Over the Past 10 Years
Min: 46.94 Med: 99.55 Max: 559.41
Current: 96.47
NSE:SREEL's Interest Coverage is ranked better than 87.72% of 733
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.45
vs NSE:SREEL: 96.47
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 .
Sreeleathers Interest Coverage Related Terms
Sreeleathers Interest Coverage Historical Data
* Premium members only.
The historical data trend for Sreeleathers'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:SREEL vs NKE, DECK, ONON: Interest Coverage Comparison
For the Footwear & Accessories subindustry, Sreeleathers'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.
Sreeleathers Interest Coverage vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sreeleathers's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Sreeleathers'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.
Sreeleathers (NSE:SREEL) has a Interest Coverage of 121.74 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sreeleathers and its competitors. This is 22% above median its historical median of 99.55. Over the past decade, Sreeleathers' Interest Coverage has ranged from 46.94 to 559.41. According to the industry distribution chart, Sreeleathers ranks #90 out of 733 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 12.3%.
Is Sreeleathers' Interest Coverage too high?
Sreeleathers' current Interest Coverage of 121.74 is 22% above median its 10-year median of 99.55. Over the past 10 years, this metric has ranged from a low of 46.94 to a high of 559.41. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.45. Sreeleathers' value of 121.74 is 2133.8% above this industry median. Based on the distribution chart, Sreeleathers ranks #90 out of 733 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Sreeleathers has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sreeleathers' Interest Coverage compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sreeleathers ranks #90 out of 733 companies for Interest Coverage. This places Sreeleathers in the top 12% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.45. Sreeleathers' value of 121.74 is 2133.8% above this benchmark. Historically, Sreeleathers' own Interest Coverage has ranged from 46.94 to 559.41 over the past decade. While the company's 10-year median is 99.55 vs. the industry median of 5.45, Sreeleathers has consistently been above 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 Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.45, based on 733 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. Sreeleathers's current Interest Coverage of 121.74 is 2133.8% above 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 Sreeleathers and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sreeleathers's current Interest Coverage is 121.74, which is 22% above median its own 10-year median of 99.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sreeleathers stock overvalued right now?
Based on GuruFocus' analysis, Sreeleathers (NSE:SREEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹282.09, compared to a current price of ₹206.44 — trading 26.8% below its estimated fair value. The current Interest Coverage is 121.74, which is 22% above median its 10-year median of 99.55 and 2133.8% above the Manufacturing - Apparel & Accessories industry median of 5.45. Sreeleathers' overall GF Score™ is 88/100 with 3 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 Sreeleathers (NSE:SREEL), the current Interest Coverage is 121.74 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.
Is Sreeleathers (NSE:SREEL) Overvalued in 2026?
Based on GuruFocus' analysis, Sreeleathers stock appears to be undervalued.
The current stock price of ₹206.44 is trading 26.8% below its estimated GF Value™ of ₹282.09.
GuruFocus considers Sreeleathers to be Modestly Undervalued.
Key valuation signals for NSE:SREEL:
Interest Coverage: 121.74 (22% above median its 10-year median of 99.55)
GF Value™: ₹282.09 vs. price of ₹206.44 (26.8% below fair value)
Industry Position: 2133.8% above the Manufacturing - Apparel & Accessories median (#90 of 733)
No single metric tells the full story. See the NSE:SREEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sreeleathers Ltd operates in the footwear industry. The company is mainly engaged in the business of trading in footwear and accessories through its retail and wholesale network. Its product portfolio comprises formal and casual shoes, canvas, chappals, casuals, sandals, belts, wallets, bags, leather garments, and washable shoes, among others. Geographically, the company derives all of its revenue from its business in India.
88GF Score
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