Nakoda (BOM:521030) Interest Coverage: 0 (At Loss) (As of Jun. 2019)

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What is Nakoda Interest Coverage?

Nakoda BOM:521030 Interest Coverage is 0 (At Loss) as of Jun. 2019.

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. Nakoda's Operating Income for the three months ended in Jun. 2019 was ₹-202.86 Mil. Nakoda's Interest Expense for the three months ended in Jun. 2019 was ₹-0.01 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 Nakoda's Interest Coverage or its related term are showing as below:


BOM:521030's Interest Coverage is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.765
* 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.


Nakoda  (BOM:521030) 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 .


Nakoda Interest Coverage Related Terms


Nakoda Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nakoda'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.

Nakoda Interest Coverage Chart

Nakoda Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Mar15 Mar16 Mar17 Mar18
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.07 0.00 0.00 0.00 0.00

Nakoda Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Dec13 Mar15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Jun19
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

Nakoda Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Nakoda'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.


Nakoda Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nakoda's Interest Coverage distribution charts can be found below:

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



Nakoda 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.

Nakoda's Interest Coverage for the fiscal year that ended in Mar. 2018 is calculated as

Here, for the fiscal year that ended in Mar. 2018, Nakoda's Interest Expense was ₹-0.07 Mil. Its Operating Income was ₹-4,744.12 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹18,875.86 Mil.

Nakoda did not have earnings to cover the interest expense.

Nakoda's Interest Coverage for the quarter that ended in Jun. 2019 is calculated as

Here, for the three months ended in Jun. 2019, Nakoda's Interest Expense was ₹-0.01 Mil. Its Operating Income was ₹-202.86 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Nakoda 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?
Nakoda (BOM:521030) has a Interest Coverage of 0 (At Loss) as of Jun. 2019. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nakoda and its competitors.
Is Nakoda's Interest Coverage too high?
Nakoda's current Interest Coverage is 0 (At Loss).
How does Nakoda's Interest Coverage compare to competitors?
Nakoda's Interest Coverage of 0 (At Loss) can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Interest Coverage is 5.77. 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 a Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.77, based on 762 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 Nakoda and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nakoda'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 Nakoda stock overvalued right now?
Nakoda (BOM:521030) 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 Nakoda (BOM:521030), the current Interest Coverage is 0 (At Loss) as of Jun. 2019. 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.

Nakoda Business Description

Address 401, Union Trade Centre, Ring Road, Beside Apple Hospital, Udhna Darwaja, Surat, Gujurat, IND, 395002
Nakoda Ltd engaged in the manufacturing of man-made fibers. The company is engaged in the manufacture of polyester chips, partially oriented yarn, fully drawn yarn (FDY), texturized and trading of various types of chips, fibers, and yarns, among others. Its businesses include petrochemicals and renewable energy. It offers a range of polyester products, such as fiber grade chips and twisted yarns in various lusters for a range of end uses.