Anlon Technology Solutions (NSE:ANLON) Interest Coverage : 8.02 (As of Sep. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Anlon Technology Solutions 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. Anlon Technology Solutions's Operating Income for the six months ended in Sep. 2023 was ₹31.3 Mil. Anlon Technology Solutions's Interest Expense for the six months ended in Sep. 2023 was ₹-3.9 Mil. Anlon Technology Solutions's interest coverage for the quarter that ended in Sep. 2023 was 8.02. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Anlon Technology Solutions's Interest Coverage or its related term are showing as below:

NSE:ANLON' s Interest Coverage Range Over the Past 10 Years
Min: 7.38 Med: 10.15 Max: 55.96
Current: 9.55

NSE:ANLON's Interest Coverage is ranked better than
56.1% of 1262 companies
in the Construction industry
Industry Median: 7.095 vs NSE:ANLON: 9.55

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

Anlon Technology Solutions Interest Coverage Historical Data

The historical data trend for Anlon Technology Solutions'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.

Anlon Technology Solutions Interest Coverage Chart

Anlon Technology Solutions Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Interest Coverage

55.96

11.11

7.38

9.18

Anlon Technology Solutions Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Interest Coverage	Get a 7-Day Free Trial			N/A	N/A	7.63	11.26	8.02

Competitive Comparison of Anlon Technology Solutions's Interest Coverage

For the Engineering & Construction subindustry, Anlon Technology Solutions'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.

Anlon Technology Solutions's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Anlon Technology Solutions's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Anlon Technology Solutions's Interest Coverage falls into.

Anlon Technology Solutions 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.

Anlon Technology Solutions'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, Anlon Technology Solutions's Interest Expense was ₹-8.2 Mil. Its Operating Income was ₹75.2 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹6.4 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2023 )	/	Interest Expense (A: Mar. 2023 )
	=	-1	*	75.151	/	-8.185
	=	9.18

Anlon Technology Solutions's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the six months ended in Sep. 2023, Anlon Technology Solutions's Interest Expense was ₹-3.9 Mil. Its Operating Income was ₹31.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.5 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	31.268	/	-3.901
	=	8.02

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

Anlon Technology Solutions (NSE:ANLON) 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 .

Anlon Technology Solutions Interest Coverage Related Terms

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

Anlon Technology Solutions (NSE:ANLON) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Anlon Technology Solutions Ltd (NSE:ANLON) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Apparel Park, Phase II, Plot No.22, Doddaballapur Integrated Textile Park SW-5, Industrial Area, Doddaballapur, KA, IND, 561203

Website

https://www.anlon.co

Anlon Technology Solutions Ltd is primarily engaged in the business of providing engineering services. The company has two reportable segments such as Engineering services and Designing, Fabrication, and Installation Services. It generates majority of its revenue from Engineering services segment. The company provides engineering services for engineering systems, built on automotive chassis and allied areas, majorly for airports, high-rise buildings, and refineries. It offers services such as Airport Rescue and Fire Fighting vehicles, High rise building rescue, evacuation and fire fighting equipment, Industrial Fire Engines, Runway Rubber removal and paint removal machines, Runway sweeping and Bay cleaning, Disabled Aircraft Recovery Kit (DARK), Supply of Airport interior components.

Anlon Technology Solutions (NSE:ANLON) Headlines

No Headlines