GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Oswal Leasing Ltd (BOM:509099) » Definitions » Interest Coverage

Oswal Leasing (BOM:509099) Interest Coverage : No Debt (1) (As of Mar. 2025)


View and export this data going back to 1991. Start your Free Trial

What is Oswal Leasing 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. Oswal Leasing's Operating Income for the three months ended in Mar. 2025 was ₹-0.04 Mil. Oswal Leasing's Interest Expense for the three months ended in Mar. 2025 was ₹0.00 Mil. Oswal Leasing has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Oswal Leasing Ltd has no debt.

(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 Oswal Leasing's Interest Coverage or its related term are showing as below:

BOM:509099' s Interest Coverage Range Over the Past 10 Years
Min: 55   Med: 5555   Max: No Debt
Current: No Debt


BOM:509099's Interest Coverage is ranked better than
99.36% of 157 companies
in the Credit Services industry
Industry Median: 62.55 vs BOM:509099: No Debt

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


Oswal Leasing Interest Coverage Historical Data

The historical data trend for Oswal Leasing'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.

* Premium members only.

Oswal Leasing Interest Coverage Chart

Oswal Leasing Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 583.00 No Debt - No Debt No Debt

Oswal Leasing Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 No Debt No Debt No Debt No Debt

Competitive Comparison of Oswal Leasing's Interest Coverage

For the Credit Services subindustry, Oswal Leasing'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.


Oswal Leasing's Interest Coverage Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Oswal Leasing's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Oswal Leasing's Interest Coverage falls into.


;
;

Oswal Leasing 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.

Oswal Leasing's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Oswal Leasing's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-0.22 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Oswal Leasing had no debt (1).

Oswal Leasing's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Oswal Leasing's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Oswal Leasing 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.


Oswal Leasing  (BOM:509099) 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 .


Oswal Leasing Interest Coverage Related Terms

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


Oswal Leasing Business Description

Traded in Other Exchanges
N/A
Address
G. T. Road, Premises Oswal Woollen Mills Limited, Sherpur, Ludhiana, PB, IND, 141003
Oswal Leasing Ltd is a non-banking financial company. Its activities include leasing and hire purchase finance. Its business activity involves acquiring to provide on lease or to provide on hire purchase basis all types of industrial and office plant, equipment, machinery, vehicles, buildings, and real estate, required for manufacturing, processing, transportation and trading business and other commercial and service business. Its business activity also involves financing industrial enterprises and promoting companies engaged in industrial and trading business.

Oswal Leasing Headlines

No Headlines