Race Eco Chain

Race Eco Chain Interest Coverage

The Interest Coverage Ratio of Race Eco Chain (RACE.NS) as of Nov 4, 2026 is 2.71. In the previous year, Interest Coverage Ratio was 3.34 — a change of -18.94% (lower).

Interest Coverage

2.71

YoY

-18.94%

Last updated:

Interest Coverage Ratio of Race Eco Chain is 2025 2.71 . Interest Coverage Ratio of Race Eco Chain was 2024 3.34 . It decreases by -18.94% lower compared to the previous year.

The Race Eco Chain Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2021
-0.24 INR
Jan 1, 2022
-1.12 INR
Jan 1, 2023
17.63 INR
Jan 1, 2024
3.34 INR
Jan 1, 2025
2.71 INR
The Race Eco Chain Interest Coverage history
YEARInterest CoverageYoY
2.71-18.94%
3.34-81.03%
17.63-1,667.28%
-1.12+377.39%
-0.24—

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Race Eco Chain Stock analysis

What does Race Eco Chain do? Race Eco Chain Ltd generates revenue through its Recycle division, Restore division, Biomass division, and Other waste division, focusing on waste types including PET Plastic Bottle Waste, Non-PET Plastic Recycling, Wastepaper, and Metal Waste. The company delivers sustainable biomass fuel products such as Mustard Briquettes, Sawdust Briquettes, and Groundnut Briquettes to industrial clients. It operates an AI-enabled app with blockchain for transactions connecting buyers and sellers in the waste recycling market. The company aggregates plastic waste through its RACE Eco chain initiative to produce recycled products for commercial sale. The primary buyers of the company's products are industries requiring sustainable biomass fuel, including those using Mustard Briquettes, Sawdust Briquettes, and Groundnut Briquettes. The company's AI app facilitates transactions between waste buyers and sellers, targeting businesses involved in waste management and recycling. Its segments serve different waste streams, with the Recycle division handling plastic and metal waste, the Biomass division focusing on fuel production, and the Other waste division managing diverse waste types. Race Eco Chain Ltd monetizes its waste processing services by trading recycled materials and providing biomass fuel solutions. The company's RACE Eco chain aggregates plastic waste for recycling into products, while its AI app enables efficient transactions in the waste trading market. The firm's product portfolio includes recycled plastic products, biomass fuels, and waste management services across multiple segments. Race Eco Chain is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Race Eco Chain stock

Interest Coverage Ratio of Race Eco Chain is 2.71 in 2025.

Interest Coverage Ratio of Race Eco Chain changed from 3.34 to 2.71, representing a -18.94% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Race Eco Chain 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 Race Eco Chain with sector peers and the industry average to assess whether it is attractive.

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Leverage — Race Eco Chain

Debt-to-EquityNet Debt / EBITDAInterest CoverageCurrent RatioQuick RatioCash RatioDebt / AssetsFinancial LeverageEquity RatioLT Debt/EquityNet Debt/EquityDebt/EBITDADSCRFinancial Debt RatioOCF/DebtFCF/DebtNet Debt/FCFDebt/Market Cap

All Key Metrics — Race Eco Chain