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Sanghi Industries (BOM:526521) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Sanghi 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. Sanghi Industries's Operating Income for the three months ended in Mar. 2025 was ₹-612 Mil. Sanghi Industries's Interest Expense for the three months ended in Mar. 2025 was ₹-665 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 Sanghi Industries's Interest Coverage or its related term are showing as below:


BOM:526521's Interest Coverage is not ranked *
in the Building Materials industry.
Industry Median: 6.355
* 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.


Sanghi Industries Interest Coverage Historical Data

The historical data trend for Sanghi 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.

Sanghi Industries Interest Coverage Chart

Sanghi Industries Annual Data
Trend Jun15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.78 1.73 - - -

Sanghi Industries Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 0.95 - - - -

Competitive Comparison of Sanghi Industries's Interest Coverage

For the Building Materials subindustry, Sanghi 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.


Sanghi Industries's Interest Coverage Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Sanghi Industries's Interest Coverage distribution charts can be found below:

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


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Sanghi 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.

Sanghi Industries'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, Sanghi Industries's Interest Expense was ₹-2,278 Mil. Its Operating Income was ₹-1,513 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹24,850 Mil.

Sanghi Industries did not have earnings to cover the interest expense.

Sanghi Industries's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Sanghi Industries's Interest Expense was ₹-665 Mil. Its Operating Income was ₹-612 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹24,850 Mil.

Sanghi Industries 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.


Sanghi Industries  (BOM:526521) 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 .


Sanghi Industries Interest Coverage Related Terms

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


Sanghi Industries Business Description

Traded in Other Exchanges
Address
Shantigram, S. G. Highway, Adani Corporate House, Khodiyar, Near Vaishnav Devi Circle, Ahmedabad, GJ, IND, 382421
Sanghi Industries Ltd is engaged in the manufacturing and marketing of cement and cement products. Its product portfolio includes Ordinary Portland Cement; Portland Pozzolana Cement and Portland Slag Cement. Geographically, it derives a majority of its revenue from India and is also engaged in the export of its products.

Sanghi Industries Headlines

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