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RRP Semiconductor (BOM:504346) Interest Coverage : 5,840.18 (As of Dec. 2024)


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What is RRP Semiconductor 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. RRP Semiconductor's Operating Income for the three months ended in Dec. 2024 was ₹64.2 Mil. RRP Semiconductor's Interest Expense for the three months ended in Dec. 2024 was ₹-0.0 Mil. RRP Semiconductor's interest coverage for the quarter that ended in Dec. 2024 was 5,840.18. The higher the ratio, the stronger the company's financial strength is.

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

BOM:504346' s Interest Coverage Range Over the Past 10 Years
Min: 0.87   Med: 0.87   Max: 38.02
Current: 38.02


BOM:504346's Interest Coverage is ranked better than
54.41% of 454 companies
in the Capital Markets industry
Industry Median: 23.4 vs BOM:504346: 38.02

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


RRP Semiconductor Interest Coverage Historical Data

The historical data trend for RRP Semiconductor'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.

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RRP Semiconductor Interest Coverage Chart

RRP Semiconductor Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.87

RRP Semiconductor Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.46 13.22 N/A 5,840.18

Competitive Comparison of RRP Semiconductor's Interest Coverage

For the Capital Markets subindustry, RRP Semiconductor'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.


RRP Semiconductor's Interest Coverage Distribution in the Capital Markets Industry

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

* The bar in red indicates where RRP Semiconductor's Interest Coverage falls into.


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RRP Semiconductor 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.

RRP Semiconductor's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, RRP Semiconductor's Interest Expense was ₹-1.3 Mil. Its Operating Income was ₹1.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹80.0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*1.093/-1.262
=0.87

RRP Semiconductor's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, RRP Semiconductor's Interest Expense was ₹-0.0 Mil. Its Operating Income was ₹64.2 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*64.242/-0.011
=5,840.18

* 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.


RRP Semiconductor  (BOM:504346) 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 .


RRP Semiconductor Interest Coverage Related Terms

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


RRP Semiconductor Business Description

Traded in Other Exchanges
N/A
Address
14 R. Kamani Marg, Indian Meachantile Chambers, 3rd Floor, Ballard Estate, Mumbai, MH, IND, 400001
RRP Semiconductor Ltd is an India-based company. The company is engaged in the trading of shares and securities. Geographically, the company operates in the Indian market only.

RRP Semiconductor Headlines

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