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GSL Securities (BOM:530469) Interest Coverage : No Debt (1) (As of Mar. 2025)


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What is GSL Securities 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. GSL Securities's Operating Income for the three months ended in Mar. 2025 was ₹-0.90 Mil. GSL Securities's Interest Expense for the three months ended in Mar. 2025 was ₹0.00 Mil. GSL Securities has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. GSL Securities Ltd has enough cash to cover all of its debt. Its financial situation is stable.

(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 GSL Securities's Interest Coverage or its related term are showing as below:

BOM:530469' s Interest Coverage Range Over the Past 10 Years
Min: 0.8   Med: 1840.33   Max: No Debt
Current: No Debt


BOM:530469's Interest Coverage is ranked better than
99.37% of 158 companies
in the Credit Services industry
Industry Median: 65.99 vs BOM:530469: No Debt

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


GSL Securities Interest Coverage Historical Data

The historical data trend for GSL Securities'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.

GSL Securities Interest Coverage Chart

GSL Securities 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 - - - 1,840.33 No Debt

GSL Securities 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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of GSL Securities's Interest Coverage

For the Credit Services subindustry, GSL Securities'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.


GSL Securities's Interest Coverage Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, GSL Securities's Interest Coverage distribution charts can be found below:

* The bar in red indicates where GSL Securities's Interest Coverage falls into.


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GSL Securities 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.

GSL Securities'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, GSL Securities's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-2.44 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

GSL Securities had no debt (1).

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

Here, for the three months ended in Mar. 2025, GSL Securities's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-0.90 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

GSL Securities had no debt (1).

* 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.


GSL Securities  (BOM:530469) 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 .


GSL Securities Interest Coverage Related Terms

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


GSL Securities Business Description

Traded in Other Exchanges
N/A
Address
Tardeo Road, 1/25 and 1/26 1st Floor, Airconditioned Market Society, Tardeo, Mumbai, MH, IND, 400 034
GSL Securities Ltd is a non-banking financial company. It is engaged in investments and provides short-term finance services. It generates revenue from the sale of shares, interest received, and dividend income.

GSL Securities Headlines

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