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Sanjivani Paranterals (BOM:531569) Interest Coverage : 11.99 (As of Mar. 2025)


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What is Sanjivani Paranterals 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. Sanjivani Paranterals's Operating Income for the three months ended in Mar. 2025 was ₹24.3 Mil. Sanjivani Paranterals's Interest Expense for the three months ended in Mar. 2025 was ₹-2.0 Mil. Sanjivani Paranterals's interest coverage for the quarter that ended in Mar. 2025 was 11.99. The higher the ratio, the stronger the company's financial strength is.

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

BOM:531569' s Interest Coverage Range Over the Past 10 Years
Min: 0.47   Med: 20.87   Max: 321.26
Current: 16.42


BOM:531569's Interest Coverage is ranked better than
55.88% of 655 companies
in the Drug Manufacturers industry
Industry Median: 12.05 vs BOM:531569: 16.42

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


Sanjivani Paranterals Interest Coverage Historical Data

The historical data trend for Sanjivani Paranterals'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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Sanjivani Paranterals Interest Coverage Chart

Sanjivani Paranterals 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 321.26 53.83 20.87 28.83 16.42

Sanjivani Paranterals 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 21.72 138.62 15.01 12.33 11.99

Competitive Comparison of Sanjivani Paranterals's Interest Coverage

For the Drug Manufacturers - Specialty & Generic subindustry, Sanjivani Paranterals'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.


Sanjivani Paranterals's Interest Coverage Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Sanjivani Paranterals's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sanjivani Paranterals's Interest Coverage falls into.


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Sanjivani Paranterals 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.

Sanjivani Paranterals'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, Sanjivani Paranterals's Interest Expense was ₹-5.9 Mil. Its Operating Income was ₹97.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹52.9 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*97.301/-5.927
=16.42

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

Here, for the three months ended in Mar. 2025, Sanjivani Paranterals's Interest Expense was ₹-2.0 Mil. Its Operating Income was ₹24.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹52.9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*24.277/-2.025
=11.99

* 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.


Sanjivani Paranterals  (BOM:531569) 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 .


Sanjivani Paranterals Interest Coverage Related Terms

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Sanjivani Paranterals Business Description

Traded in Other Exchanges
N/A
Address
Asha Nagar Park Road, 1202, B-Wing, O2 Business Commercial Park, Mulund (West), Mumbai, MH, IND, 400080
Sanjivani Paranterals Ltd is a pharmaceutical company principally engaged in providing pharmaceutical products and services. The company's main product range includes oral solids and small-volume parenteral and sterile powder formulations. The products offered by the company are anti-biotic, anti-emetic, anti-tuberculosis, anti-diabetic, anti-malarial, anti-fungal, calcium and vitamin, multivitamin, sedative, cardiovascular, anti-gout, and others. The company also provides Liquid Injection, Dry powder Injection, Capsules, Drops, and others. The firm sells its products in India and internationally.

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