Mid India Industries

Mid India Industries Interest Coverage

The Interest Coverage Ratio of Mid India Industries (500277.BO) as of Oct 30, 2026 is -81.78. In the previous year, Interest Coverage Ratio was 49.51 — a change of -265.18% (lower).

Interest Coverage

-81.78

YoY

-265.18%

Last updated:

Interest Coverage Ratio of Mid India Industries is 2024 -81.78 . Interest Coverage Ratio of Mid India Industries was 2023 49.51 . It decreases by -265.18% lower compared to the previous year.

The Mid India Industries Interest Coverage history

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  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2020
-9.74 INR
Jan 1, 2021
-23.81 INR
Jan 1, 2022
49.76 INR
Jan 1, 2023
49.51 INR
Jan 1, 2024
-81.78 INR
The Mid India Industries Interest Coverage history
YEARInterest CoverageYoY
-81.78-265.18%
49.51-0.49%
49.76-308.98%
-23.81+144.52%
-9.74—

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Mid India Industries Stock analysis

What does Mid India Industries do? Mid India Industries Ltd. generates revenue through the manufacture and marketing of textile products and real estate activities. The company's segments include Leasing and Trading, focusing on spinning, cotton ginning, and related textile industries. Its products are divided into regular and special categories. Regular products consist of 100% cotton yarn (carded and combed), polyester/cotton blended yarns (carded and combed), and 100% polyester yarns. Special products include multi fold yarn up to eight folds for carpets, tufting, and industrial fabrics, available in 100% cotton, polyester/cotton blended, and 100% polyester variants. The yarns are supplied in cone sizes ranging from approximately 1.89 kilograms to jumbo packing of five kilograms per cone. The company sells these products to textile manufacturers and industrial buyers who require high-quality yarn for fabric production. The firm's plant is located in Textile Mill Area, Station Road, Mandsaur, Madhya Pradesh, supporting its manufacturing operations. Real estate activities form a secondary revenue stream, though the primary focus remains on textile production. The company's target customers are textile manufacturers and industrial buyers seeking reliable yarn supplies for their production processes. Mid India Industries is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Mid India Industries stock

Interest Coverage Ratio of Mid India Industries is -81.78 in 2024.

Interest Coverage Ratio of Mid India Industries changed from 49.51 to -81.78, representing a -265.18% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Mid India Industries since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Mid India Industries with sector peers and the industry average to assess whether it is attractive.

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Leverage — Mid India Industries

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