/term/interest-coverage/BOM:514442 Sri KPR Industries (BOM:514442) Interest Coverage
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sri KPR Industries Ltd (BOM:514442) » Definitions » Interest Coverage

Sri KPR Industries (BOM:514442) Interest Coverage : No Debt (1) (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Sri KPR Industries 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. Sri KPR Industries's Operating Income for the three months ended in Mar. 2024 was ₹-0.4 Mil. Sri KPR Industries's Interest Expense for the three months ended in Mar. 2024 was ₹0.0 Mil. Sri KPR Industries has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Sri KPR Industries Ltd has enough cash to cover all of its debt. Its financial situation is stable.

(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 Sri KPR Industries's Interest Coverage or its related term are showing as below:


BOM:514442's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.03
* 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.

Sri KPR Industries Interest Coverage Historical Data

The historical data trend for Sri KPR Industries'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.

Sri KPR Industries Interest Coverage Chart

Sri KPR Industries 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 - - - 22.27 No Debt

Sri KPR Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - N/A N/A No Debt No Debt

Competitive Comparison of Sri KPR Industries's Interest Coverage

For the Building Products & Equipment subindustry, Sri KPR Industries'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.

Sri KPR Industries's Interest Coverage Distribution in the Construction Industry

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

* The bar in red indicates where Sri KPR Industries's Interest Coverage falls into.


Sri KPR Industries 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.

Sri KPR Industries'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, Sri KPR Industries's Interest Expense was ₹0.0 Mil. Its Operating Income was ₹29.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Sri KPR Industries had no debt (1).

Sri KPR Industries's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Sri KPR Industries's Interest Expense was ₹0.0 Mil. Its Operating Income was ₹-0.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Sri KPR Industries 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.

Sri KPR Industries  (BOM:514442) 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 .

Sri KPR Industries Interest Coverage Related Terms

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

Sri KPR Industries (BOM:514442) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sri KPR Industries Ltd (BOM:514442) » Definitions » Interest Coverage
Comparable Companies
BOM:515085 BOM:515093 BOM:543595 BOM:530145 BOM:502281 BOM:531281 BOM:543516 BOM:532817 BOM:533629 BOM:523594 TT TSE:6367 CARR JCI XPAR:SGO XSWX:GEBN BLDR LII CSL DUB:KRX
Traded in Other Exchanges
N/A
Address
Sardar Patel Road, 5th Floor, KPR House, V K Towers, Near Anand Theatre, Secunderabad, TG, IND, 500003
Website
http://www.kprindustries.in
Sri KPR Industries Ltd operates in the water-supplying pipes business. It is involved in the manufacturing and sale of asbestos cement pressure pipes and Couplings. It offers AC Pressure Pipes and Fittings to the states of Andhra Pradesh, Tamil Nadu, Kerala, Karnataka, Gujarat, and others for use in drinking water supply schemes undertaken by state government departments. In addition, the group is also involved in the sale of wind electric power. It operates in two segments namely, Pipes Division and Wind Power Division.

Sri KPR Industries (BOM:514442) Headlines

No Headlines