Spectra Industries

Spectra Industries Interest Coverage

The Interest Coverage Ratio of Spectra Industries (513687.BO) as of Oct 17, 2026 is -0.50. In the previous year, Interest Coverage Ratio was -0.23 — a change of 122.04% (lower).

Interest Coverage

-0.50

YoY

122.04%

Last updated:

Interest Coverage Ratio of Spectra Industries is 2023 -0.50 . Interest Coverage Ratio of Spectra Industries was 2022 -0.23 . It decreases by 122.04% lower compared to the previous year.

The Spectra Industries Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2016
0.19 INR
Jan 1, 2017
0.33 INR
Jan 1, 2018
-4.73 INR
Jan 1, 2019
-38.56 INR
Jan 1, 2020
-0.13 INR
Jan 1, 2021
-0.17 INR
Jan 1, 2022
-0.23 INR
Jan 1, 2023
-0.50 INR
The Spectra Industries Interest Coverage history
YEARInterest CoverageYoY
-0.50+122.04%
-0.23+30.86%
-0.17+35.59%
-0.13-99.67%
-38.56+715.11%
-4.73-1,550.58%
0.33+71.15%
0.19-67.26%
0.58-396.86%
-0.20—

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Spectra Industries Stock analysis

What does Spectra Industries do? Spectra Industries Ltd., headquartered in Mumbai, India, operates in the Industrials sector as a trading company and distributor. The firm specializes in the dealership of light and heavy commercial vehicles (LCV and HCV) manufactured by Mahindra & Mahindra Ltd., covering the entire Mumbai, Navi Mumbai, Thane, and Raigad district areas. Its business includes trading chemicals, commodities, steel, coal, and fabric, alongside automotive services through Spectra Automotives, which provides sales, service, and spares for LCVs (4–6 tons gvw) and HCVs (25–49 tons gvw), including doorstep emergency support and workshops in Mira Road and Panvel. Spectra Industries is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Spectra Industries stock

Interest Coverage Ratio of Spectra Industries is -0.50 in 2023.

Interest Coverage Ratio of Spectra Industries changed from -0.23 to -0.50, representing a 122.04% change. The value is lower than the previous year.

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

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Leverage — Spectra Industries

All Key Metrics — Spectra Industries