Riga Sugar Co (BOM:507508) Interest Coverage: 0 (At Loss) (As of Sep. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:507508 Riga Sugar Co Ltd BOM:507508
4 GF Score
Price ₹5.25
View Full Analysis

What is Riga Sugar Co Interest Coverage?

Riga Sugar Co BOM:507508 4 Interest Coverage is 0 (At Loss) as of Sep. 2024. GuruFocus rates BOM:507508 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. Riga Sugar Co's Operating Income for the three months ended in Sep. 2024 was ₹-15.20 Mil. Riga Sugar Co's Interest Expense for the three months ended in Sep. 2024 was ₹-40.31 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Riga Sugar Co's Interest Coverage or its related term are showing as below:


BOM:507508's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.41
* 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.


Riga Sugar Co  (BOM:507508) 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 .


Riga Sugar Co Interest Coverage Related Terms


Riga Sugar Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Riga Sugar 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.

Riga Sugar Co Interest Coverage Chart

Riga Sugar Co 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 0.00 0.00 0.00 0.00 0.00

Riga Sugar Co Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun23 Sep23 Mar24 Jun24 Sep24
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 No Debt 0.00 0.00

BOM:507508 vs MDLZ, HSY, TR: Interest Coverage Comparison

For the Confectioners subindustry, Riga Sugar 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.


Riga Sugar Co Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Riga Sugar Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Riga Sugar Co's Interest Coverage falls into.


BOM:507508
4GF Score
Riga Sugar Co Ltd BOM:507508
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Riga Sugar 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.

Riga Sugar Co'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, Riga Sugar Co's Interest Expense was ₹-134.91 Mil. Its Operating Income was ₹-59.03 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Riga Sugar Co did not have earnings to cover the interest expense.

Riga Sugar Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Riga Sugar Co's Interest Expense was ₹-40.31 Mil. Its Operating Income was ₹-15.20 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Riga Sugar Co did not have earnings to cover the interest expense.

* 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 0 (At Loss) mean?
Riga Sugar Co (BOM:507508) has a Interest Coverage of 0 (At Loss) as of Sep. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Riga Sugar Co and its competitors.
Is Riga Sugar Co's Interest Coverage too high?
Riga Sugar Co's current Interest Coverage is 0 (At Loss). Overall, Riga Sugar Co has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Riga Sugar Co's Interest Coverage compare to MDLZ and HSY?
Riga Sugar Co's Interest Coverage of 0 (At Loss) can be compared against companies in the Consumer Packaged Goods industry. The industry median Interest Coverage is 8.41. 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.41, based on 1,518 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 Riga Sugar Co and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Riga Sugar Co's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riga Sugar Co stock overvalued right now?
Riga Sugar Co (BOM:507508) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Riga Sugar Co's 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 Riga Sugar Co (BOM:507508), the current Interest Coverage is 0 (At Loss) as of Sep. 2024. 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.

Riga Sugar Co Business Description

Address 14, Netaji Subhas Road, 2nd Floor, Kolkata, WB, IND, 700 001
Riga Sugar Co Ltd is an integrated sugar company. The company's operating segment includes Sugar and Distillery. It generates maximum revenue from the Sugar segment. The company's product includes sugar; molasses; bagasses; ethanol; and fertiliser.
4GF Score

Get the complete analysis for BOM:507508

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹5.25
Price