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Jagsonpal Pharmaceuticals (BOM:507789) Interest Coverage : 52.63 (As of Dec. 2024)


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What is Jagsonpal Pharmaceuticals 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. Jagsonpal Pharmaceuticals's Operating Income for the three months ended in Dec. 2024 was ₹134 Mil. Jagsonpal Pharmaceuticals's Interest Expense for the three months ended in Dec. 2024 was ₹-3 Mil. Jagsonpal Pharmaceuticals's interest coverage for the quarter that ended in Dec. 2024 was 52.63. The higher the ratio, the stronger the company's financial strength is.

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

BOM:507789' s Interest Coverage Range Over the Past 10 Years
Min: 1.48   Med: 19.32   Max: 123.49
Current: 44.44


BOM:507789's Interest Coverage is ranked better than
72.28% of 671 companies
in the Drug Manufacturers industry
Industry Median: 12.61 vs BOM:507789: 44.44

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


Jagsonpal Pharmaceuticals Interest Coverage Historical Data

The historical data trend for Jagsonpal Pharmaceuticals'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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Jagsonpal Pharmaceuticals Interest Coverage Chart

Jagsonpal Pharmaceuticals 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 19.32 43.94 94.04 123.49 27.89

Jagsonpal Pharmaceuticals 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 13.20 14.05 42.63 60.89 52.63

Competitive Comparison of Jagsonpal Pharmaceuticals's Interest Coverage

For the Drug Manufacturers - Specialty & Generic subindustry, Jagsonpal Pharmaceuticals'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.


Jagsonpal Pharmaceuticals's Interest Coverage Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Jagsonpal Pharmaceuticals's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jagsonpal Pharmaceuticals's Interest Coverage falls into.


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Jagsonpal Pharmaceuticals 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.

Jagsonpal Pharmaceuticals'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, Jagsonpal Pharmaceuticals's Interest Expense was ₹-8 Mil. Its Operating Income was ₹217 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹76 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*216.67/-7.77
=27.89

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

Here, for the three months ended in Dec. 2024, Jagsonpal Pharmaceuticals's Interest Expense was ₹-3 Mil. Its Operating Income was ₹134 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*134.21/-2.55
=52.63

* 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.


Jagsonpal Pharmaceuticals  (BOM:507789) 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 .


Jagsonpal Pharmaceuticals Interest Coverage Related Terms

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


Jagsonpal Pharmaceuticals Business Description

Traded in Other Exchanges
Address
3rd Floor, Phase – IV, Udyog Vihar, Plot No. 412-415, Nimai Tower, Gurugram, HR, IND, 122015
Jagsonpal Pharmaceuticals Ltd is a pharmaceutical company. It develops and manufactures active pharmaceutical ingredients and formulations like Capsule and Tablet. The company operates in the Gynaecology, Orthopaedics, Dermatology and Paediatric segments. Its brands comprise Lycored, Maintane, Metadec, Metabol, Doxypal DR, and others.

Jagsonpal Pharmaceuticals Headlines

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