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Interest Coverage ratio Analysis of Power Grid Corporation of India Ltd. - Deep Dive
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Future/OptionInterest Coverage of POWERGRID
Mar-253.23Very Good Interest Coverage | Mar-243.11Very Good Interest Coverage | Growth3.78% |
Interest Coverage Analysis of Power Grid Corporation of India Ltd.
| Interest Coverage Ratio of Power Grid Corporation of India Ltd. with value of 3.23 indicates the company does have sufficient profit to service its debt. |
| Interest Coverage Ratio of POWERGRID has grown by 3.78 % Compared to previous Financial Year. |
| Interest Coverage Ratio with value of 3.43 was highest in Year Mar-22 in last Five Years. |
| Interest Coverage Ratio with value of 2.85 was lowest in Year Mar-23 in last Five Years. |
| Latest Interest Coverage Ratio with value of 3.23 is Greater than Average Interest Coverage of 3.10 in last five years. |
Other Interest Coverage Related Info of POWERGRID that may interest you.
Power Grid Corporation of India Ltd. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| POWERGRID | 288.50 | 289.65 | 0.397 % | Electricity Distribution |
Defination of Interest Coverage
Interest Coverage Ratio measures how well a company can pay its interest expenses, which are concerned with outstanding debts. more ..
Interest Coverage Related Ratios
| DividendCoverageRatio |
Tsr Stability Index
| Low Stability Stock | Screener |
FY - Historical Interest Coverage of Power Grid Corporation of India Ltd.
| Period | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 |
|---|---|---|---|---|---|---|---|
| Interest Coverage | 3.23 | 3.11 | 2.85 | 3.43 | 2.88 | 2.52 | 2.03 |
| Change | 3.78 % | 9.37 % | -17.04 % | 19.15 % | 14.34 % | 23.90 % | -27.91 % |
| Price | 290.35 | 276.90 | 169.27 | 162.60 | 121.30 | 89.49 | 111.32 |
| Price Change | 4.86 % | 63.58 % | 4.11 % | 34.04 % | 35.54 % | -19.61 % | 2.41 % |