Vishwas Agri Seeds (NSE:VISHWAS) Interest Coverage: 10.23 (As of Sep. 2023)


NSE:VISHWAS Vishwas Agri Seeds Ltd NSE:VISHWAS
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Price ₹52.75
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What is Vishwas Agri Seeds Interest Coverage?

Vishwas Agri Seeds NSE:VISHWAS -1.84% 14 Interest Coverage is 10.23 as of Sep. 2023. GuruFocus rates NSE:VISHWAS with a GF Score™ of 14/100.

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. Vishwas Agri Seeds's Operating Income for the six months ended in Sep. 2023 was ₹69.3 Mil. Vishwas Agri Seeds's Interest Expense for the six months ended in Sep. 2023 was ₹-6.8 Mil. Vishwas Agri Seeds's interest coverage for the quarter that ended in Sep. 2023 was 10.23. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Vishwas Agri Seeds's Interest Coverage or its related term are showing as below:


NSE:VISHWAS's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.6
* Ranked among companies with meaningful Interest Coverage only.

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


Vishwas Agri Seeds  (NSE:VISHWAS) 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 .


Vishwas Agri Seeds Interest Coverage Related Terms


Vishwas Agri Seeds Interest Coverage Historical Data

* Premium members only.

The historical data trend for Vishwas Agri Seeds'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.

Vishwas Agri Seeds Interest Coverage Chart

Vishwas Agri Seeds Annual Data
Trend Mar21 Mar22 Mar23
Interest Coverage
4.58 4.13 11.50

Vishwas Agri Seeds Semi-Annual Data
Mar21 Mar22 Mar23 Sep23
Interest Coverage N/A N/A N/A 10.23

NSE:VISHWAS vs ADM, TSN, BG: Interest Coverage Comparison

For the Farm Products subindustry, Vishwas Agri Seeds'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.


Vishwas Agri Seeds Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vishwas Agri Seeds's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vishwas Agri Seeds's Interest Coverage falls into.


NSE:VISHWAS
14GF Score
Vishwas Agri Seeds Ltd NSE:VISHWAS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Vishwas Agri Seeds 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.

Vishwas Agri Seeds's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, Vishwas Agri Seeds's Interest Expense was ₹-6.9 Mil. Its Operating Income was ₹78.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹93.5 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2023 )/Interest Expense (A: Mar. 2023 )
=-1*78.942/-6.862
=11.50

Vishwas Agri Seeds's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the six months ended in Sep. 2023, Vishwas Agri Seeds's Interest Expense was ₹-6.8 Mil. Its Operating Income was ₹69.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹123.1 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*69.336/-6.777
=10.23

* 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 10.23 mean?
Vishwas Agri Seeds (NSE:VISHWAS) has a Interest Coverage of 10.23 as of Sep. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Vishwas Agri Seeds and its competitors.
Is Vishwas Agri Seeds' Interest Coverage too high?
Vishwas Agri Seeds' current Interest Coverage is 10.23. The Consumer Packaged Goods industry median Interest Coverage is 8.60. Vishwas Agri Seeds' value of 10.23 is 19% above this industry median. Overall, Vishwas Agri Seeds has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Vishwas Agri Seeds' Interest Coverage compare to ADM and TSN?
Vishwas Agri Seeds' Interest Coverage of 10.23 can be compared against companies in the Consumer Packaged Goods industry. The industry median Interest Coverage is 8.60. Vishwas Agri Seeds' value of 10.23 is 19% above this benchmark. 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.60, based on 1,507 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. Vishwas Agri Seeds's current Interest Coverage of 10.23 is 19% 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 Vishwas Agri Seeds and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vishwas Agri Seeds's current Interest Coverage is 10.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vishwas Agri Seeds stock overvalued right now?
Vishwas Agri Seeds (NSE:VISHWAS) has a current Interest Coverage of 10.23. The current Interest Coverage is 10.23 and 19% above the Consumer Packaged Goods industry median of 8.60. Vishwas Agri Seeds' overall GF Score™ is 14/100. 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 Vishwas Agri Seeds (NSE:VISHWAS), the current Interest Coverage is 10.23 as of Sep. 2023. 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.

Vishwas Agri Seeds Business Description

Address Gangad Road, Near Toll Tax, S. No. 460, Bhayla, Bavla, Ahmedabad, GJ, IND, 382220
Vishwas Agri Seeds Ltd seeds processing company. It produced seeds for more than 40 different field crops, vegetables that portfolio includes crop seeds for Groundnut, Soyabin, Wheat, Cumin, Green Gram, Black Gram Research Hybrid seeds for Cotton, Castol, Pearl Millet, Maize, hybrid vegitable seeds Chilli, Tomato, Brinjal, Watermelon, Sweet Corn, cabbage, Onion, Coriander Seeds, Fenugreek, Mustard, Lucern, Carrot, etc.
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