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Nalwa Sons Investments (NSE:NSIL) Interest Coverage : 22,632.78 (As of Dec. 2023)


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What is Nalwa Sons Investments 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. Nalwa Sons Investments's Operating Income for the three months ended in Dec. 2023 was ₹203.7 Mil. Nalwa Sons Investments's Interest Expense for the three months ended in Dec. 2023 was ₹-0.0 Mil. Nalwa Sons Investments's interest coverage for the quarter that ended in Dec. 2023 was 22,632.78. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Nalwa Sons Investments Ltd has no debt.

The historical rank and industry rank for Nalwa Sons Investments's Interest Coverage or its related term are showing as below:

NSE:NSIL' s Interest Coverage Range Over the Past 10 Years
Min: 15.52   Med: 1123.06   Max: 7893.32
Current: 136.06


NSE:NSIL's Interest Coverage is ranked better than
60.36% of 449 companies
in the Asset Management industry
Industry Median: 40.02 vs NSE:NSIL: 136.06

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


Nalwa Sons Investments Interest Coverage Historical Data

The historical data trend for Nalwa Sons Investments'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.

Nalwa Sons Investments Interest Coverage Chart

Nalwa Sons Investments 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 5,768.86 979.21 4,210.57 15.52 139.70

Nalwa Sons Investments 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 115.11 18.18 154.63 25,556.10 22,632.78

Competitive Comparison of Nalwa Sons Investments's Interest Coverage

For the Asset Management subindustry, Nalwa Sons Investments'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.


Nalwa Sons Investments's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nalwa Sons Investments's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Nalwa Sons Investments's Interest Coverage falls into.



Nalwa Sons Investments 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.

Nalwa Sons Investments'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, Nalwa Sons Investments's Interest Expense was ₹-8.8 Mil. Its Operating Income was ₹1,230.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2023 )/Interest Expense (A: Mar. 2023 )
=-1*1230.501/-8.808
=139.70

Nalwa Sons Investments's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Nalwa Sons Investments's Interest Expense was ₹-0.0 Mil. Its Operating Income was ₹203.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*203.695/-0.009
=22,632.78

* 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.


Nalwa Sons Investments  (NSE:NSIL) 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 .


Nalwa Sons Investments Interest Coverage Related Terms

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


Nalwa Sons Investments (NSE:NSIL) Business Description

Traded in Other Exchanges
Address
Jindal Centre, 12 Bhikaiji Cama Place, New Delhi, IND, 110066
Nalwa Sons Investments Ltd is engaged in the Investment and Finance business. The majority of the revenue is derived in the form of dividends followed by interest income.

Nalwa Sons Investments (NSE:NSIL) Headlines

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