Summit Securities (NSE:SUMMITSEC) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median


NSE:SUMMITSEC Summit Securities Ltd NSE:SUMMITSEC
85 GF Score
Price ₹1,503.50
GF Value ₹2,878.35
Valuation Possible Value Trap
! 5 Warning Signs
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What is Summit Securities Interest Coverage?

Summit Securities NSE:SUMMITSEC -1.37% 85 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates NSE:SUMMITSEC with a GF Score™ of 85/100 and a GF Value™ of ₹2,878.35 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 430 Capital Markets companies, Summit Securities ranks better than 99.3% 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. Summit Securities's Operating Income for the three months ended in Mar. 2026 was ₹-258 Mil. Summit Securities's Interest Expense for the three months ended in Mar. 2026 was ₹0 Mil. Summit Securities has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Summit Securities Ltd has no debt.

(1) 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.

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

NSE:SUMMITSEC' s Interest Coverage Range Over the Past 10 Years
Min: 405.5   Med: No Debt   Max: No Debt
Current: No Debt


NSE:SUMMITSEC's Interest Coverage is ranked better than
99.3% of 430 companies
in the Capital Markets industry
Industry Median: 19.375 vs NSE:SUMMITSEC: No Debt

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


Summit Securities  (NSE:SUMMITSEC) 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 .


Summit Securities Interest Coverage Related Terms


Summit Securities Interest Coverage Historical Data

* Premium members only.

The historical data trend for Summit Securities'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.

Summit Securities Interest Coverage Chart

Summit Securities Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Summit Securities Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

NSE:SUMMITSEC vs MS, GS, SCHW: Interest Coverage Comparison

For the Capital Markets subindustry, Summit Securities'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.


Summit Securities Interest Coverage vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Summit Securities's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Summit Securities's Interest Coverage falls into.


NSE:SUMMITSEC
85GF Score
Summit Securities Ltd NSE:SUMMITSEC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Summit Securities 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.

Summit Securities's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Summit Securities's Interest Expense was ₹0 Mil. Its Operating Income was ₹1,395 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Summit Securities had no debt (1).

Summit Securities's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Summit Securities's Interest Expense was ₹0 Mil. Its Operating Income was ₹-258 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Summit Securities had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Summit Securities (NSE:SUMMITSEC) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Summit Securities and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Summit Securities' Interest Coverage has ranged from 405.50 to 10,000.00. According to the industry distribution chart, Summit Securities ranks #3 out of 430 companies in the Capital Markets industry, placing it in the top 0.7%.
Is Summit Securities' Interest Coverage too high?
Summit Securities' current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 405.50 to a high of 10,000.00. Based on the distribution chart, Summit Securities ranks #3 out of 430 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Summit Securities has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Summit Securities' Interest Coverage compare to MS and GS?
According to the Capital Markets industry distribution chart, Summit Securities ranks #3 out of 430 companies for Interest Coverage. This places Summit Securities in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 19.38. Historically, Summit Securities' own Interest Coverage has ranged from 405.50 to 10,000.00 over the past decade. 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 Capital Markets company?
The median Interest Coverage among Capital Markets companies is 19.38, based on 430 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. 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 Summit Securities and its competitors. For the Capital Markets industry, the median Interest Coverage is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Summit Securities's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Summit Securities stock overvalued right now?
Based on GuruFocus' analysis, Summit Securities (NSE:SUMMITSEC) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,878.35, compared to a current price of ₹1,503.50 — trading 47.8% below its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Summit Securities' overall GF Score™ is 85/100 with 5 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 Summit Securities (NSE:SUMMITSEC), the current Interest Coverage is No Debt (1) 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 Summit Securities (NSE:SUMMITSEC) Overvalued in 2026?

Based on GuruFocus' analysis, Summit Securities stock appears to be undervalued. The current stock price of ₹1,503.50 is trading 47.8% below its estimated GF Value™ of ₹2,878.35. GuruFocus considers Summit Securities to be Possible Value Trap.

Key valuation signals for NSE:SUMMITSEC:

  • Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
  • GF Value™: ₹2,878.35 vs. price of ₹1,503.50 (47.8% below fair value)
  • GF Score™: 85/100 with 5 warning signs

No single metric tells the full story. See the NSE:SUMMITSEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Summit Securities Business Description

Other Exchanges 533306:India
Address B Wing, 71, Sion-Trombay Road, 213, Bezzola Complex, Chembur, Mumbai, MH, IND, 400071
Summit Securities Ltd is engaged in the provision of investment in securities. It operates as a non-banking financial company and currently holds various portfolios including listed and private entities. The company is engaged in investments and financial activities. It earns revenue from Interest and Dividend income.
85GF Score

Get the complete analysis for NSE:SUMMITSEC

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

₹1,503.50
Price
₹2,878.35
GF Value