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Jagran Prakashan (BOM:532705) Interest Coverage : 14.35 (As of Dec. 2024)


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What is Jagran Prakashan 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. Jagran Prakashan's Operating Income for the three months ended in Dec. 2024 was ₹755 Mil. Jagran Prakashan's Interest Expense for the three months ended in Dec. 2024 was ₹-53 Mil. Jagran Prakashan's interest coverage for the quarter that ended in Dec. 2024 was 14.35. The higher the ratio, the stronger the company's financial strength is.

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

BOM:532705' s Interest Coverage Range Over the Past 10 Years
Min: 3.84   Med: 9.5   Max: 17.1
Current: 9.99


BOM:532705's Interest Coverage is ranked worse than
53.37% of 609 companies
in the Media - Diversified industry
Industry Median: 11.62 vs BOM:532705: 9.99

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


Jagran Prakashan Interest Coverage Historical Data

The historical data trend for Jagran Prakashan'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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Jagran Prakashan Interest Coverage Chart

Jagran Prakashan Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.76 3.84 8.68 5.75 9.26

Jagran Prakashan Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 13.41 9.14 8.26 8.73 14.35

Competitive Comparison of Jagran Prakashan's Interest Coverage

For the Publishing subindustry, Jagran Prakashan'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.


Jagran Prakashan's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Jagran Prakashan's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jagran Prakashan's Interest Coverage falls into.


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Jagran Prakashan 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.

Jagran Prakashan'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, Jagran Prakashan's Interest Expense was ₹-276 Mil. Its Operating Income was ₹2,554 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹547 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*2554.069/-275.929
=9.26

Jagran Prakashan's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Jagran Prakashan's Interest Expense was ₹-53 Mil. Its Operating Income was ₹755 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*755.186/-52.609
=14.35

* 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.


Jagran Prakashan  (BOM:532705) 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 .


Jagran Prakashan Interest Coverage Related Terms

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Jagran Prakashan Business Description

Traded in Other Exchanges
Address
Sarvodaya Nagar, Jagran Building 2, Kanpur, UP, IND, 208 005
Jagran Prakashan Ltd is a media and communication company in India. The company has organized its business into three categories: Printing, publishing, and digital; FM Radio business; and Others comprising outdoor advertising and event management and activation services. It operates under the brand name Radio City 91.1 FM. The company's majority of revenue is derived through the printing, publishing, and digital segment from India. Some of the company's popular publications include Dainik Jagran, Mid-day, Sakhi, Inquilab, and Naidunia among others.

Jagran Prakashan Headlines

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