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. Corporate Courier and Cargo's
Operating Income
for the
three
months ended in Dec. 2022 was ₹-0.11 Mil. Corporate Courier and Cargo's Interest Expense for the
three
months ended in Dec. 2022 was ₹0.00 Mil.
Corporate Courier and Cargo has no debt.
The higher the ratio, the stronger the company's financial strength is.
(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 Corporate Courier and Cargo's Interest Coverage or its related term are showing as below:
BOM:526737's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 5.76 * Ranked among companies with meaningful Interest Coverage only.
Corporate Courier and Cargo (BOM:526737) 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 .
Corporate Courier and Cargo Interest Coverage Related Terms
Corporate Courier and Cargo Interest Coverage Historical 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.
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.
Corporate Courier and Cargo Interest Coverage Chart
BOM:526737 vs UPS, FDX, ZTO: Interest Coverage Comparison
For the Integrated Freight & Logistics subindustry, Corporate Courier and Cargo'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.
Corporate Courier and Cargo Interest Coverage vs Transportation Industry
For the Transportation industry and Industrials sector, Corporate Courier and Cargo's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Corporate Courier and Cargo's Interest Coverage falls into.
Corporate Courier and Cargo 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:
* 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.
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Corporate Courier and Cargo (BOM:526737) has a Interest Coverage of No Debt (1) as of Dec. 2022. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Corporate Courier and Cargo and its competitors.
Is Corporate Courier and Cargo's Interest Coverage too high?
Corporate Courier and Cargo's current Interest Coverage is No Debt (1). Overall, Corporate Courier and Cargo has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Corporate Courier and Cargo's Interest Coverage compare to UPS and FDX?
Corporate Courier and Cargo's Interest Coverage of No Debt (1) can be compared against companies in the Transportation industry. The industry median Interest Coverage is 5.76. 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.76, based on 841 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 Corporate Courier and Cargo and its competitors. For the Transportation industry, the median Interest Coverage is 5.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corporate Courier and Cargo's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corporate Courier and Cargo stock overvalued right now?
Corporate Courier and Cargo (BOM:526737) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). Corporate Courier and Cargo's overall GF Score™ is 4/100. 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 Corporate Courier and Cargo (BOM:526737), the current Interest Coverage is No Debt (1) as of Dec. 2022. 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.
Corporate Courier and Cargo Ltd are engaged in providing real estate services. The company also provides logistics services and provides infrastructure services. It generates maximum revenue from logistics services. Geographically, the company operates within India.
4GF Score
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