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Quest Capital Markets (BOM:500069) Interest Coverage : No Debt (1) (As of Mar. 2025)


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What is Quest Capital Markets 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. Quest Capital Markets's Operating Income for the three months ended in Mar. 2025 was ₹218.9 Mil. Quest Capital Markets's Interest Expense for the three months ended in Mar. 2025 was ₹0.0 Mil. Quest Capital Markets has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Quest Capital Markets 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 Quest Capital Markets's Interest Coverage or its related term are showing as below:

BOM:500069' s Interest Coverage Range Over the Past 10 Years
Min: 99.44   Med: 6582.89   Max: 64785
Current: No Debt


BOM:500069's Interest Coverage is ranked better than
99.13% of 459 companies
in the Capital Markets industry
Industry Median: 20.1 vs BOM:500069: 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.


Quest Capital Markets Interest Coverage Historical Data

The historical data trend for Quest Capital Markets'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.

Quest Capital Markets Interest Coverage Chart

Quest Capital Markets Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 329.83 1,370.12 13,231.60 64,785.00 25,195.00

Quest Capital Markets Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 Quest Capital Markets's Interest Coverage

For the Capital Markets subindustry, Quest Capital Markets'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.


Quest Capital Markets's Interest Coverage Distribution in the Capital Markets Industry

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

* The bar in red indicates where Quest Capital Markets's Interest Coverage falls into.


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Quest Capital Markets 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.

Quest Capital Markets's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Quest Capital Markets's Interest Expense was ₹-0.0 Mil. Its Operating Income was ₹252.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*251.95/-0.01
=25,195.00

Quest Capital Markets's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Quest Capital Markets's Interest Expense was ₹0.0 Mil. Its Operating Income was ₹218.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Quest Capital Markets 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.


Quest Capital Markets  (BOM:500069) 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 .


Quest Capital Markets Interest Coverage Related Terms

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


Quest Capital Markets Business Description

Traded in Other Exchanges
N/A
Address
No. 31, Netaji Subhas Road, Duncan House, Kolkata, WB, IND, 700 019
Quest Capital Markets Ltd has diversified activities in financial services and investment counseling. The services of the company includes Securities Broking, Commodities Broking, Online trading in securities, Wealth Management, Distribution services, Depository services, and Other Financial Services. The company serves services in the financial sector, capital markets, and commodities exchanges. Its clients spread from Institutions, Corporate Houses, and High Net worth Investors.

Quest Capital Markets Headlines

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