Kkalpana Industries (India) (BOM:526409) Interest Coverage : 0 (At Loss) (As of Dec. 2024)

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What is Kkalpana Industries (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. Kkalpana Industries (India)'s Operating Income for the three months ended in Dec. 2024 was ₹-32.5 Mil. Kkalpana Industries (India)'s Interest Expense for the three months ended in Dec. 2024 was ₹-6.7 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 Kkalpana Industries (India)'s Interest Coverage or its related term are showing as below:

BOM:526409's Interest Coverage is not ranked ^*
in the Chemicals industry.
Industry Median: 10
* 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.

Kkalpana Industries (India) Interest Coverage Historical Data

The historical data trend for Kkalpana Industries (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.

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Kkalpana Industries (India) Interest Coverage Chart

Kkalpana Industries (India) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Coverage

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1.78

2.24

Kkalpana Industries (India) Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Dec24
Interest Coverage	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Kkalpana Industries (India)'s Interest Coverage

For the Specialty Chemicals subindustry, Kkalpana Industries (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.

Kkalpana Industries (India)'s Interest Coverage Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kkalpana Industries (India)'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Kkalpana Industries (India)'s Interest Coverage falls into.

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Kkalpana Industries (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.

Kkalpana Industries (India)'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, Kkalpana Industries (India)'s Interest Expense was ₹-51.0 Mil. Its Operating Income was ₹-121.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹432.7 Mil.

Kkalpana Industries (India) did not have earnings to cover the interest expense.

Kkalpana Industries (India)'s Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Kkalpana Industries (India)'s Interest Expense was ₹-6.7 Mil. Its Operating Income was ₹-32.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Kkalpana Industries (India) did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Kkalpana Industries (India) (BOM:526409) 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 .

Kkalpana Industries (India) Interest Coverage Related Terms

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Kkalpana Industries (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kkalpana Industries (India) Ltd (BOM:526409) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

16A Shakespeare Sarani, Room No. 3, 4th Floor,, New BK Market, Kolkata, WB, IND, 700071

Website

https://www.kkalpanagroup.com

Kkalpana Industries (India) Ltd is engaged in the manufacturing and sale of Poly Vinyl Chloride, Polyethylene, Antifab, and EP Compounds. The Company operates in a single reportable operating segment i.e. reprocessed plastic compounds. Its product range includes PVC compounds, PE compounds, Filled compounds and masterbatches, Colour and specialty masterbatches, Footwear compounds, Pipe compounds, and Engineering plastics including nylon and Inks such as printing inks, flexo, and gravure, adhesives, and resins. The group sells its products in India and also exports them to the Overseas market, of which prime revenue is generated within India.

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