Solex Energy

Solex Energy Interest Coverage

The Interest Coverage Ratio of Solex Energy (SOLEX.NS) as of Nov 5, 2026 is 8.95. In the previous year, Interest Coverage Ratio was 2.83 — a change of 216.08% (higher).

Interest Coverage

8.95

YoY

216.08%

Last updated:

Interest Coverage Ratio of Solex Energy is 2025 8.95 . Interest Coverage Ratio of Solex Energy was 2024 2.83 . It decreases by 216.08% higher compared to the previous year.

The Solex Energy Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
16.19 INR
Jan 1, 2019
40.39 INR
Jan 1, 2020
13.75 INR
Jan 1, 2021
5.45 INR
Jan 1, 2022
7.25 INR
Jan 1, 2023
2.09 INR
Jan 1, 2024
2.83 INR
Jan 1, 2025
8.95 INR
The Solex Energy Interest Coverage history
YEARInterest CoverageYoY
8.95+216.08%
2.83+35.51%
2.09-71.17%
7.25+33.12%
5.45-60.36%
13.75-65.97%
40.39+149.41%
16.19+316.41%
3.89—

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Solex Energy Stock analysis

What does Solex Energy do? Solex Energy Ltd is an Indian company based in Anand, Gujarat, operating within the Information Technology sector, specifically in the semiconductors industry. Listed on February 5, 2018, the firm manufactures solar photovoltaic modules and provides comprehensive turnkey solar solutions. Its product portfolio includes polycrystalline and monocrystalline solar panels, LED street lights, solar water heaters, and various solar pumping systems. These solutions serve diverse applications, from illuminating highways and village roads to supporting drip irrigation and drinking water supply. The company also offers end-to-end engineering, procurement, and construction services for solar power plants and rooftop systems, supported by a workforce of 368 employees. Solex Energy is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Solex Energy stock

Interest Coverage Ratio of Solex Energy is 8.95 in 2025.

Interest Coverage Ratio of Solex Energy changed from 2.83 to 8.95, representing a 216.08% change. The value is higher than the previous year.

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

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Leverage — Solex Energy

All Key Metrics — Solex Energy