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BirlaNu (BOM:509675) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is BirlaNu 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. BirlaNu's Operating Income for the three months ended in Dec. 2024 was ₹-374 Mil. BirlaNu's Interest Expense for the three months ended in Dec. 2024 was ₹-174 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 BirlaNu's Interest Coverage or its related term are showing as below:


BOM:509675's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.02
* 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.


BirlaNu Interest Coverage Historical Data

The historical data trend for BirlaNu'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.

BirlaNu Interest Coverage Chart

BirlaNu 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 3.89 10.91 21.87 5.96 0.67

BirlaNu 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 - 8.41 1.96 - -

Competitive Comparison of BirlaNu's Interest Coverage

For the Building Products & Equipment subindustry, BirlaNu'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.


BirlaNu's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, BirlaNu's Interest Coverage distribution charts can be found below:

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


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BirlaNu 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.

BirlaNu'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, BirlaNu's Interest Expense was ₹-354 Mil. Its Operating Income was ₹237 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹5,227 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*236.568/-353.544
=0.67

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

Here, for the three months ended in Dec. 2024, BirlaNu's Interest Expense was ₹-174 Mil. Its Operating Income was ₹-374 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

BirlaNu 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.


BirlaNu  (BOM:509675) 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 .


BirlaNu Interest Coverage Related Terms

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


BirlaNu Business Description

Traded in Other Exchanges
Address
SLN Terminus, Survey No.133, L7 Floor, Near Botanical Garden, Office No. 1 & 2, 7th Floor, Gachibowli, Hyderabad, TG, IND, 500032
Website
HIL Ltd is an India-based company engaged in providing building products and solutions. It operates through the segments of Roofing Solutions, Building Solutions, Polymer Solutions, Flooring segments, and Others. The company derives a majority of its revenue from the Roofing solutions segment. Roofing Solutions consists of manufacturing, selling, and distribution of Fiber Cement Sheets, Colored Steel Sheets, and Cement based Non-Asbestos Corrugated Sheets with manufacturing facilities located at Faridabad, Jasidih, Kondapalli, Wada, Sathariya, and Balasore. Geographically, it generates maximum revenue from India.

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