Sterling International Enterprises (BOM:508998) Interest Coverage: 0 (At Loss) (As of Jun. 2017)

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What is Sterling International Enterprises Interest Coverage?

Sterling International Enterprises BOM:508998 Interest Coverage is 0 (At Loss) as of Jun. 2017.

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. Sterling International Enterprises's Operating Income for the three months ended in Jun. 2017 was ₹-269 Mil. Sterling International Enterprises's Interest Expense for the three months ended in Jun. 2017 was ₹-57 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 Sterling International Enterprises's Interest Coverage or its related term are showing as below:


BOM:508998's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 6.07
* 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.


Sterling International Enterprises  (BOM:508998) 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 .


Sterling International Enterprises Interest Coverage Related Terms


Sterling International Enterprises Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sterling International Enterprises'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.

Sterling International Enterprises Interest Coverage Chart

Sterling International Enterprises Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Mar16 Mar17
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.25 1.81 1.78 0.00 0.00

Sterling International Enterprises Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 0.00 0.00

BOM:508998 vs BRSWQ, PBEC, FSNR: Interest Coverage Comparison

For the Oil & Gas Equipment & Services subindustry, Sterling International Enterprises'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.


Sterling International Enterprises Interest Coverage vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sterling International Enterprises's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sterling International Enterprises's Interest Coverage falls into.



Sterling International Enterprises 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.

Sterling International Enterprises's Interest Coverage for the fiscal year that ended in Mar. 2017 is calculated as

Here, for the fiscal year that ended in Mar. 2017, Sterling International Enterprises's Interest Expense was ₹-249 Mil. Its Operating Income was ₹-812 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹145 Mil.

Sterling International Enterprises did not have earnings to cover the interest expense.

Sterling International Enterprises's Interest Coverage for the quarter that ended in Jun. 2017 is calculated as

Here, for the three months ended in Jun. 2017, Sterling International Enterprises's Interest Expense was ₹-57 Mil. Its Operating Income was ₹-269 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Sterling International Enterprises 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?
Sterling International Enterprises (BOM:508998) has a Interest Coverage of 0 (At Loss) as of Jun. 2017. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sterling International Enterprises and its competitors.
Is Sterling International Enterprises' Interest Coverage too high?
Sterling International Enterprises' current Interest Coverage is 0 (At Loss).
How does Sterling International Enterprises' Interest Coverage compare to BRSWQ and PBEC?
Sterling International Enterprises' Interest Coverage of 0 (At Loss) can be compared against companies in the Oil & Gas industry. The industry median Interest Coverage is 6.07. 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 an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 6.07, based on 731 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 Sterling International Enterprises and its competitors. For the Oil & Gas industry, the median Interest Coverage is 6.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sterling International Enterprises'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 Sterling International Enterprises stock overvalued right now?
Sterling International Enterprises (BOM:508998) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). 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 Sterling International Enterprises (BOM:508998), the current Interest Coverage is 0 (At Loss) as of Jun. 2017. 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.

Sterling International Enterprises Business Description

Industry EnergyOil & Gas
Address 43, Atlanta Building, Nariman Point, Mumbai, MH, IND, 400021
Sterling International Enterprises Ltd is engaged in providing oil & gas related services. The company's services include letting on the hire of oil rigs, services in seismic data interpretation and oil trading activities. Its operating segments consist of Information Technology and Oil related activities. Majority of the revenue is derived from the provision of services incidental to Onshore Oil Extraction.