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Arigato Universe (BOM:530267) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Arigato Universe 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. Arigato Universe's Operating Income for the three months ended in Mar. 2024 was ₹-0.63 Mil. Arigato Universe's Interest Expense for the three months ended in Mar. 2024 was ₹-0.00 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 Arigato Universe's Interest Coverage or its related term are showing as below:


BOM:530267's Interest Coverage is not ranked *
in the Building Materials industry.
Industry Median: 6.74
* 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.


Arigato Universe Interest Coverage Historical Data

The historical data trend for Arigato Universe'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.

Arigato Universe Interest Coverage Chart

Arigato Universe Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
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Arigato Universe Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 No Debt No Debt No Debt No Debt -

Competitive Comparison of Arigato Universe's Interest Coverage

For the Building Materials subindustry, Arigato Universe'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.


Arigato Universe's Interest Coverage Distribution in the Building Materials Industry

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

* The bar in red indicates where Arigato Universe's Interest Coverage falls into.



Arigato Universe 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.

Arigato Universe'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, Arigato Universe's Interest Expense was ₹-0.00 Mil. Its Operating Income was ₹-1.58 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Arigato Universe did not have earnings to cover the interest expense.

Arigato Universe's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Arigato Universe's Interest Expense was ₹-0.00 Mil. Its Operating Income was ₹-0.63 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Arigato Universe 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.


Arigato Universe  (BOM:530267) 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 .


Arigato Universe Interest Coverage Related Terms

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


Arigato Universe (BOM:530267) Business Description

Traded in Other Exchanges
N/A
Address
Main Road, Girwa, 220 Ashok Nagar, Udaipur, RJ, IND, 313001
Arigato Universe Ltd formerly Saboo Brothers Ltd is an Indian-based company engaged in manufacturing and dealing in construction. Its activity includes Manufacturing and dealing in construction-related materials, and commodities. Execution of contracts related to real estate and development of land, development of and dealing in immovable properties. Development of properties for Hospitality and recreational Activities and related services and providing such services at BSE. It has two reportable Segment which is I.T. Services and manufacturing and dealing in construction-related materials, and commodities. It derives the majority of its revenue from manufacturing and dealing in construction-related materials and commodities. It derives key revenue from India.

Arigato Universe (BOM:530267) Headlines

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