GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Basant Agro-Tech India Ltd (BOM:524687) » Definitions » Interest Coverage

Basant Agro-Tech India (BOM:524687) Interest Coverage : N/A (As of Mar. 2025)


View and export this data going back to 2001. Start your Free Trial

What is Basant Agro-Tech 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. Basant Agro-Tech India's Operating Income for the three months ended in Mar. 2025 was ₹0 Mil. Basant Agro-Tech India's Interest Expense for the three months ended in Mar. 2025 was ₹0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Basant Agro-Tech India's Interest Coverage or its related term are showing as below:

BOM:524687' s Interest Coverage Range Over the Past 10 Years
Min: 1.18   Med: 2.2   Max: 5.58
Current: 1.49


BOM:524687's Interest Coverage is ranked worse than
88.32% of 197 companies
in the Agriculture industry
Industry Median: 7.06 vs BOM:524687: 1.49

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


Basant Agro-Tech India Interest Coverage Historical Data

The historical data trend for Basant Agro-Tech India'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.

Basant Agro-Tech India Interest Coverage Chart

Basant Agro-Tech India 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 4.57 5.58 3.24 1.18 1.46

Basant Agro-Tech India Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.52 2.58 1.66 1.08 N/A

Competitive Comparison of Basant Agro-Tech India's Interest Coverage

For the Agricultural Inputs subindustry, Basant Agro-Tech 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.


Basant Agro-Tech India's Interest Coverage Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Basant Agro-Tech India's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Basant Agro-Tech India's Interest Coverage falls into.


;
;

Basant Agro-Tech India 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.

Basant Agro-Tech India'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, Basant Agro-Tech India's Interest Expense was ₹-138 Mil. Its Operating Income was ₹201 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹342 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*200.839/-137.847
=1.46

Basant Agro-Tech India's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Basant Agro-Tech India's Interest Expense was ₹0 Mil. Its Operating Income was ₹0 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹342 Mil.

GuruFocus does not calculate Basant Agro-Tech India's interest coverage with the available data.

* 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.


Basant Agro-Tech India  (BOM:524687) 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 .


Basant Agro-Tech India Interest Coverage Related Terms

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


Basant Agro-Tech India Business Description

Traded in Other Exchanges
N/A
Address
Kaulkhed Road, Plot No. 13/2, Near S.T. Workshop, Akola, MH, IND, 444001
Basant Agro-Tech India Ltd is an India based company engaged in the manufacturing of SSP fertilizers, hybrid seeds, and NPK mixture granulated fertilizers. The company manufactures and distributes single superphosphate, secondary nutrient, and quality seed under Krishi Sanjivani brand name. The group is also engaged in the business of generating power through a wind turbine and operating and maintaining warehousing and cold storage facilities. The operating segments of the company are Seeds, Fertilizers, LABSA and Others. The fertilizer segment contributes to the majority of the revenue.

Basant Agro-Tech India Headlines

No Headlines