What is Millennium Online Solutions (India) 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. Millennium Online Solutions (India)'s
Operating Income
for the
three
months ended in Dec. 2023 was ₹-0.32 Mil. Millennium Online Solutions (India)'s Interest Expense for the
three
months ended in Dec. 2023 was ₹0.00 Mil.
Millennium Online Solutions (India) has no debt.
The higher the ratio, the stronger the company's financial strength is.
(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.
BOM:511187's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 12.52 * Ranked among companies with meaningful Interest Coverage only.
* 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.
Competitive Comparison of Millennium Online Solutions (India)'s Interest Coverage
For the Electronics & Computer Distribution subindustry, Millennium Online Solutions (India)'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.
Millennium Online Solutions (India)'s Interest Coverage Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Millennium Online Solutions (India)'s Interest Coverage distribution charts can be found below:
* The bar in red indicates where Millennium Online Solutions (India)'s Interest Coverage falls into.
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:
Millennium Online Solutions (India) 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.
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 .
Millennium Online Solutions (India) Interest Coverage Related Terms
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Millennium Online Solutions (India) (BOM:511187) Business Description
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