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Uravi Defence & Technology (NSE:URAVIDEF) Interest Coverage : 3.57 (As of Mar. 2025)


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What is Uravi Defence & Technology Interest Coverage?

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. Uravi Defence & Technology's Operating Income for the three months ended in Mar. 2025 was ₹13.9 Mil. Uravi Defence & Technology's Interest Expense for the three months ended in Mar. 2025 was ₹-3.9 Mil. Uravi Defence & Technology's interest coverage for the quarter that ended in Mar. 2025 was 3.57. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Uravi Defence & Technology's Interest Coverage or its related term are showing as below:

NSE:URAVIDEF' s Interest Coverage Range Over the Past 10 Years
Min: 0.01   Med: 1.86   Max: 3.71
Current: 1.96


NSE:URAVIDEF's Interest Coverage is ranked worse than
81.09% of 1042 companies
in the Vehicles & Parts industry
Industry Median: 8.055 vs NSE:URAVIDEF: 1.96

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


Uravi Defence & Technology Interest Coverage Historical Data

The historical data trend for Uravi Defence & Technology'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.

* Premium members only.

Uravi Defence & Technology Interest Coverage Chart

Uravi Defence & Technology Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 1.56 1.20 1.78 1.96

Uravi Defence & Technology Quarterly Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.81 1.80 1.67 0.99 3.57

Competitive Comparison of Uravi Defence & Technology's Interest Coverage

For the Auto Parts subindustry, Uravi Defence & Technology'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.


Uravi Defence & Technology's Interest Coverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Uravi Defence & Technology's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Uravi Defence & Technology's Interest Coverage falls into.


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Uravi Defence & Technology 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.

Uravi Defence & Technology'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, Uravi Defence & Technology's Interest Expense was ₹-19.1 Mil. Its Operating Income was ₹37.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹13.1 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*37.289/-19.067
=1.96

Uravi Defence & Technology's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Uravi Defence & Technology's Interest Expense was ₹-3.9 Mil. Its Operating Income was ₹13.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹13.1 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*13.891/-3.894
=3.57

* 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.


Uravi Defence & Technology  (NSE:URAVIDEF) 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 .


Uravi Defence & Technology Interest Coverage Related Terms

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Uravi Defence & Technology Business Description

Traded in Other Exchanges
Address
L.B.S. Marg, Shop Number 329, Avior, Nirmal Galaxy, Mulund (West), Mumbai, MH, IND, 400080
Uravi Defence & Technology Ltd Formerly Uravi T & Wedge Lamps Ltd is an Indian firm engaged in the manufacturing and distribution of automotive lamps and instrument cluster lighting for two-wheelers, four-wheelers, tractors, and Industrial applications for various Indian automobile manufacturers. The company's products offering includes Incandescent Head Lamps, Stop, Tail, and Indicators (Signaling Lamps), Wedge Base Lamps, Halogen Head Lamps, and others.

Uravi Defence & Technology Headlines

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