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Tilak Ventures (BOM:503663) Interest Coverage : 43.53 (As of Mar. 2025)


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What is Tilak Ventures 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. Tilak Ventures's Operating Income for the three months ended in Mar. 2025 was ₹11.8 Mil. Tilak Ventures's Interest Expense for the three months ended in Mar. 2025 was ₹-0.3 Mil. Tilak Ventures's interest coverage for the quarter that ended in Mar. 2025 was 43.53. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Tilak Ventures Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Tilak Ventures's Interest Coverage or its related term are showing as below:

BOM:503663' s Interest Coverage Range Over the Past 10 Years
Min: 12.82   Med: 85.65   Max: No Debt
Current: 123.73


BOM:503663's Interest Coverage is ranked better than
59.29% of 452 companies
in the Asset Management industry
Industry Median: 43.915 vs BOM:503663: 123.73

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


Tilak Ventures Interest Coverage Historical Data

The historical data trend for Tilak Ventures'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.

Tilak Ventures Interest Coverage Chart

Tilak Ventures 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 16.15 No Debt 278.97 48.00 123.30

Tilak Ventures 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 287.92 6,653.00 7,322.00 - 43.53

Competitive Comparison of Tilak Ventures's Interest Coverage

For the Asset Management subindustry, Tilak Ventures'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.


Tilak Ventures's Interest Coverage Distribution in the Asset Management Industry

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

* The bar in red indicates where Tilak Ventures's Interest Coverage falls into.


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Tilak Ventures 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.

Tilak Ventures'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, Tilak Ventures's Interest Expense was ₹-0.3 Mil. Its Operating Income was ₹35.8 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*35.757/-0.29
=123.30

Tilak Ventures's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Tilak Ventures's Interest Expense was ₹-0.3 Mil. Its Operating Income was ₹11.8 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*11.797/-0.271
=43.53

* 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.


Tilak Ventures  (BOM:503663) 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 .


Tilak Ventures Interest Coverage Related Terms

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


Tilak Ventures Business Description

Traded in Other Exchanges
N/A
Address
New Link Road, E-109, Crystal Plaza, Opposite Infinity Mall, Andheri (West), Mumbai, MH, IND, 400053
Tilak Ventures Ltd operates in the finance business. The company is engaged in commodity trading, share trading, finance, and investments. The company has two segments namely Commodity Trading and Finance segment, out of which the majority is from the commodity trading segment. It derives prime revenue from India.

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