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Faze Three (BOM:530079) Interest Coverage : 4.33 (As of Mar. 2025)


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What is Faze Three 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. Faze Three's Operating Income for the three months ended in Mar. 2025 was ₹177 Mil. Faze Three's Interest Expense for the three months ended in Mar. 2025 was ₹-41 Mil. Faze Three's interest coverage for the quarter that ended in Mar. 2025 was 4.33. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Faze Three's Interest Coverage or its related term are showing as below:

BOM:530079' s Interest Coverage Range Over the Past 10 Years
Min: 1.96   Med: 4.62   Max: 15.73
Current: 3.81


BOM:530079's Interest Coverage is ranked worse than
57.44% of 726 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.015 vs BOM:530079: 3.81

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


Faze Three Interest Coverage Historical Data

The historical data trend for Faze Three'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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Faze Three Interest Coverage Chart

Faze Three 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 15.73 14.88 11.38 5.86 3.81

Faze Three 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 5.57 3.52 3.44 3.79 4.33

Competitive Comparison of Faze Three's Interest Coverage

For the Textile Manufacturing subindustry, Faze Three'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.


Faze Three's Interest Coverage Distribution in the Manufacturing - Apparel & Accessories Industry

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

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


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Faze Three 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.

Faze Three'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, Faze Three's Interest Expense was ₹-146 Mil. Its Operating Income was ₹554 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹66 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*554/-145.5
=3.81

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

Here, for the three months ended in Mar. 2025, Faze Three's Interest Expense was ₹-41 Mil. Its Operating Income was ₹177 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹66 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*176.7/-40.8
=4.33

* 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.


Faze Three  (BOM:530079) 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 .


Faze Three Interest Coverage Related Terms

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


Faze Three Business Description

Traded in Other Exchanges
Address
63/64, Mittal Court, 6th Floor, Wing C, Nariman Point, Mumbai, MH, IND, 400 021
Faze Three Ltd designs, develops, manufactures and exports Home Textile products in India. It is engaged in the manufacturing and export of home textiles, cotton handlooms, furnishing fabrics, and textile made-ups. It also manufactures Bathmats, Rugs, Blankets, Cushions, Curtains, Throws, etc. Its products include cotton and rubber backed and tufted bathmats, Outdoor furniture covers, Awning fabrics, Canopies, Lounge cushions, automotive seat cover, durries, bedspreads and throws, and baby blankets. The company is engaged in only one segment that is the Manufacturing of home textiles. It exports its products to the United States, United Kingdom and Europe.

Faze Three Headlines

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