Asis Logistics (BOM:506159) Interest Coverage: No Debt (1) (As of Jun. 2019)

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BOM:506159 Asis Logistics Ltd BOM:506159
4 GF Score
Price ₹6.90
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What is Asis Logistics Interest Coverage?

Asis Logistics BOM:506159 4 Interest Coverage is No Debt (1) as of Jun. 2019. GuruFocus rates BOM:506159 with a GF Score™ of 4/100.

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. Asis Logistics's Operating Income for the three months ended in Jun. 2019 was ₹-11.51 Mil. Asis Logistics's Interest Expense for the three months ended in Jun. 2019 was ₹0.00 Mil. Asis Logistics 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 Asis Logistics's Interest Coverage or its related term are showing as below:


BOM:506159's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 5.76
* 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.


Asis Logistics  (BOM:506159) 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 .


Asis Logistics Interest Coverage Related Terms


Asis Logistics Interest Coverage Historical Data

* Premium members only.

The historical data trend for Asis Logistics'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.

Asis Logistics Interest Coverage Chart

Asis Logistics 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 0.00 0.00 0.00 0.00 0.00

Asis Logistics Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Mar19 Jun19
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 0.00 0.00 0.00 N/A No Debt

BOM:506159 vs JANL: Interest Coverage Comparison

For the Integrated Freight & Logistics subindustry, Asis Logistics'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.


Asis Logistics Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Asis Logistics's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Asis Logistics's Interest Coverage falls into.


BOM:506159
4GF Score
Asis Logistics Ltd BOM:506159
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Asis Logistics 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.

Asis Logistics'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, Asis Logistics's Interest Expense was ₹-0.01 Mil. Its Operating Income was ₹-53.39 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹581.42 Mil.

Asis Logistics did not have earnings to cover the interest expense.

Asis Logistics's Interest Coverage for the quarter that ended in Jun. 2019 is calculated as

Here, for the three months ended in Jun. 2019, Asis Logistics's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-11.51 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Asis Logistics 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?
Asis Logistics (BOM:506159) has a Interest Coverage of No Debt (1) as of Jun. 2019. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Asis Logistics and its competitors.
Is Asis Logistics' Interest Coverage too high?
Asis Logistics' current Interest Coverage is No Debt (1). Overall, Asis Logistics has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Asis Logistics' Interest Coverage compare to JANL?
Asis Logistics' Interest Coverage of No Debt (1) can be compared against companies in the Transportation industry. The industry median Interest Coverage is 5.76. 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 5.76, 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 Asis Logistics and its competitors. For the Transportation industry, the median Interest Coverage is 5.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asis Logistics'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 Asis Logistics stock overvalued right now?
Asis Logistics (BOM:506159) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). Asis Logistics' overall GF Score™ is 4/100. 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 Asis Logistics (BOM:506159), the current Interest Coverage is No Debt (1) as of Jun. 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.

Asis Logistics Business Description

Address Unit No. 611, Skylon Co-operative Housing Society, GIDC, Char Rasta, Vapi, GJ, IND, 396 195
Asis Logistics Ltd is a logistics solution provider. The company is engaged in providing supply chain services including transport, customs clearance, warehousing, and freight management. Geographically, the activities are carried out through the region of India.
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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