Central Provinces Railways Co (BOM:501827) Interest Coverage: No Debt (1) (As of Sep. 2019)

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What is Central Provinces Railways Co Interest Coverage?

Central Provinces Railways Co BOM:501827 Interest Coverage is No Debt (1) as of Sep. 2019.

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. Central Provinces Railways Co's Operating Income for the three months ended in Sep. 2019 was ₹-0.10 Mil. Central Provinces Railways Co's Interest Expense for the three months ended in Sep. 2019 was ₹0.00 Mil. Central Provinces Railways Co has no debt. The higher the ratio, the stronger the company's financial strength is.

(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 Central Provinces Railways Co's Interest Coverage or its related term are showing as below:


BOM:501827's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 5.78
* Ranked among companies with meaningful Interest Coverage only.

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


Central Provinces Railways Co  (BOM:501827) 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 .


Central Provinces Railways Co Interest Coverage Related Terms


Central Provinces Railways Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Central Provinces Railways Co'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.

Central Provinces Railways Co Interest Coverage Chart

Central Provinces Railways Co Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt 0.00 0.00 No Debt

Central Provinces Railways Co Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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

Central Provinces Railways Co Interest Coverage Competitor Comparison

For the Railroads subindustry, Central Provinces Railways Co'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.


Central Provinces Railways Co Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Central Provinces Railways Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Central Provinces Railways Co's Interest Coverage falls into.



Central Provinces Railways Co 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.

Central Provinces Railways Co's Interest Coverage for the fiscal year that ended in Mar. 2019 is calculated as

Here, for the fiscal year that ended in Mar. 2019, Central Provinces Railways Co's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-0.85 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Central Provinces Railways Co had no debt (1).

Central Provinces Railways Co's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

Here, for the three months ended in Sep. 2019, Central Provinces Railways Co's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-0.10 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Central Provinces Railways Co 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Central Provinces Railways Co (BOM:501827) has a Interest Coverage of No Debt (1) as of Sep. 2019. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Central Provinces Railways Co and its competitors.
Is Central Provinces Railways Co's Interest Coverage too high?
Central Provinces Railways Co's current Interest Coverage is No Debt (1).
How does Central Provinces Railways Co's Interest Coverage compare to competitors?
Central Provinces Railways Co's Interest Coverage of No Debt (1) can be compared against companies in the Transportation industry. The industry median Interest Coverage is 5.78. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Transportation company?
The median Interest Coverage among Transportation companies is 5.78, based on 843 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Central Provinces Railways Co and its competitors. For the Transportation industry, the median Interest Coverage is 5.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Provinces Railways Co's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Provinces Railways Co stock overvalued right now?
Central Provinces Railways Co (BOM:501827) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Central Provinces Railways Co (BOM:501827), the current Interest Coverage is No Debt (1) as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Central Provinces Railways Co Business Description

Address S. V. P. Road, Unit No.B-35, Ground Floor, Building No. 01, Ganjawala Shopping Center, Borivali (West), Mumbai, MH, IND, 400092
Central Provinces Railways Co Ltd is engaged in providing transportation services through railways in India. Its business activities include construction of floating or submersible drilling platforms. In addition, the group is also involved in manufacturing assembled railway track fixtures. The group principally carries its business operations in India.