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Authum Investment & Infrastucture (BOM:539177) Interest Coverage : N/A (As of Mar. 2024)


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What is Authum Investment & Infrastucture 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. Authum Investment & Infrastucture's Operating Income for the three months ended in Mar. 2024 was ₹13,196 Mil. Authum Investment & Infrastucture's Interest Expense for the three months ended in Mar. 2024 was ₹0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Authum Investment & Infrastucture's Interest Coverage or its related term are showing as below:

BOM:539177' s Interest Coverage Range Over the Past 10 Years
Min: 0.79   Med: 1047.18   Max: 22503.17
Current: 45.62


BOM:539177's Interest Coverage is ranked better than
57.27% of 454 companies
in the Capital Markets industry
Industry Median: 20.26 vs BOM:539177: 45.62

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


Authum Investment & Infrastucture Interest Coverage Historical Data

The historical data trend for Authum Investment & Infrastucture'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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Authum Investment & Infrastucture Interest Coverage Chart

Authum Investment & Infrastucture Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 8.63 30.37 0.79 N/A

Authum Investment & Infrastucture Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 6.03 29.31 No Debt N/A

Competitive Comparison of Authum Investment & Infrastucture's Interest Coverage

For the Capital Markets subindustry, Authum Investment & Infrastucture'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.


Authum Investment & Infrastucture's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Authum Investment & Infrastucture's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Authum Investment & Infrastucture's Interest Coverage falls into.



Authum Investment & Infrastucture 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.

Authum Investment & Infrastucture's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, Authum Investment & Infrastucture's Interest Expense was ₹0 Mil. Its Operating Income was ₹41,436 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹10,208 Mil.

GuruFocus does not calculate Authum Investment & Infrastucture's interest coverage with the available data.

Authum Investment & Infrastucture's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Authum Investment & Infrastucture's Interest Expense was ₹0 Mil. Its Operating Income was ₹13,196 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹10,208 Mil.

GuruFocus does not calculate Authum Investment & Infrastucture's interest coverage with the available data.

* 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.


Authum Investment & Infrastucture  (BOM:539177) 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 .


Authum Investment & Infrastucture Interest Coverage Related Terms

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


Authum Investment & Infrastucture (BOM:539177) Business Description

Traded in Other Exchanges
Address
Free Press Journal Marg, 707, Raheja Centre, Nariman Point, Mumbai, MH, IND, 400021
Authum Investment & Infrastucture Ltd is an Indian non-banking financial company which engages in the business of investment in shares and securities and also financing activities to achieve the goal of enhancing the value for its stakeholders.

Authum Investment & Infrastucture (BOM:539177) Headlines

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