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Sarvottam Finvest (BOM:539124) Interest Coverage : No Debt (1) (As of Dec. 2023)


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What is Sarvottam Finvest 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. Sarvottam Finvest's Operating Income for the three months ended in Dec. 2023 was ₹1.34 Mil. Sarvottam Finvest's Interest Expense for the three months ended in Dec. 2023 was ₹0.00 Mil. Sarvottam Finvest has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Sarvottam Finvest Ltd has no debt.

(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 Sarvottam Finvest's Interest Coverage or its related term are showing as below:

BOM:539124' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


BOM:539124's Interest Coverage is ranked better than
99.39% of 165 companies
in the Credit Services industry
Industry Median: 69.18 vs BOM:539124: No Debt

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


Sarvottam Finvest Interest Coverage Historical Data

The historical data trend for Sarvottam Finvest'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.

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Sarvottam Finvest Interest Coverage Chart

Sarvottam Finvest Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only No Debt No Debt No Debt No Debt No Debt

Sarvottam Finvest 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 No Debt No Debt

Competitive Comparison of Sarvottam Finvest's Interest Coverage

For the Credit Services subindustry, Sarvottam Finvest'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.


Sarvottam Finvest's Interest Coverage Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Sarvottam Finvest's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sarvottam Finvest's Interest Coverage falls into.



Sarvottam Finvest 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.

Sarvottam Finvest'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, Sarvottam Finvest's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹7.73 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Sarvottam Finvest had no debt (1).

Sarvottam Finvest's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Sarvottam Finvest's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹1.34 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Sarvottam Finvest 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.


Sarvottam Finvest  (BOM:539124) 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 .


Sarvottam Finvest Interest Coverage Related Terms

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


Sarvottam Finvest (BOM:539124) Business Description

Traded in Other Exchanges
N/A
Address
3, Bentinck Street, 2nd Floor, Kolkata, WB, IND, 700001
Sarvottam Finvest Ltd is an Indian-based non-banking financial company. Its business is to make both long-term and short-term investments in quoted as well as unquoted shares. The company also gives short-term and long-term loans to its borrowers. It earns revenue through interest on loans given to the borrowers, dividends on investments, and revenue by purchase and sale of shares and securities. It is primarily engaged in only one segment which is Financing and all of the Operations are in India.

Sarvottam Finvest (BOM:539124) Headlines

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