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Pacheli Industrial Finance (BOM:523862) Interest Coverage : No Debt (1) (As of Dec. 2023)


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What is Pacheli Industrial Finance Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Pacheli Industrial Finance's Operating Income for the three months ended in Dec. 2023 was ₹-3.70 Mil. Pacheli Industrial Finance's Interest Expense for the three months ended in Dec. 2023 was ₹0.00 Mil. Pacheli Industrial Finance has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

The historical rank and industry rank for Pacheli Industrial Finance's Interest Coverage or its related term are showing as below:


BOM:523862's Interest Coverage is not ranked *
in the Banks industry.
Industry Median: 17.22
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Pacheli Industrial Finance Interest Coverage Historical Data

The historical data trend for Pacheli Industrial Finance's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Pacheli Industrial Finance Interest Coverage Chart

Pacheli Industrial Finance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.73 31.50 125.45 - -

Pacheli Industrial Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt N/A No Debt

Competitive Comparison of Pacheli Industrial Finance's Interest Coverage

For the Mortgage Finance subindustry, Pacheli Industrial Finance's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Pacheli Industrial Finance's Interest Coverage Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Pacheli Industrial Finance's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Pacheli Industrial Finance's Interest Coverage falls into.



Pacheli Industrial Finance Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Pacheli Industrial Finance's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, Pacheli Industrial Finance's Interest Expense was ₹-0.01 Mil. Its Operating Income was ₹-0.21 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Pacheli Industrial Finance did not have earnings to cover the interest expense.

Pacheli Industrial Finance's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Pacheli Industrial Finance's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-3.70 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Pacheli Industrial Finance had no debt (1).

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.


Pacheli Industrial Finance  (BOM:523862) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Pacheli Industrial Finance Interest Coverage Related Terms

Thank you for viewing the detailed overview of Pacheli Industrial Finance's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Pacheli Industrial Finance (BOM:523862) Business Description

Traded in Other Exchanges
N/A
Address
J Block Paryavaran Complex Ignou Road, J-71,Lower Ground Floor, Neb Sarai, New Delhi, UP, IND, 110062
Pacheli Industrial Finance Ltd is an Indian-based company that offers financial services and investment activities. The company is involved in the business of providing loans and advances for real estate development. It also provides consultancy Services in the Real Estate Sector.

Pacheli Industrial Finance (BOM:523862) Headlines

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