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Supreme Infrastructure India (BOM:532904) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is Supreme Infrastructure India 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. Supreme Infrastructure India's Operating Income for the three months ended in Sep. 2024 was ₹-57.3 Mil. Supreme Infrastructure India's Interest Expense for the three months ended in Sep. 2024 was ₹-3,369.9 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 Supreme Infrastructure India's Interest Coverage or its related term are showing as below:


BOM:532904's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.32
* 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.


Supreme Infrastructure India Interest Coverage Historical Data

The historical data trend for Supreme Infrastructure India'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.

Supreme Infrastructure India Interest Coverage Chart

Supreme Infrastructure India 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 0.09 - - - -

Supreme Infrastructure India Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - 0.01 - -

Competitive Comparison of Supreme Infrastructure India's Interest Coverage

For the Engineering & Construction subindustry, Supreme Infrastructure India'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.


Supreme Infrastructure India's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Supreme Infrastructure India's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Supreme Infrastructure India's Interest Coverage falls into.


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Supreme Infrastructure India 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.

Supreme Infrastructure India'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, Supreme Infrastructure India's Interest Expense was ₹-11,350.6 Mil. Its Operating Income was ₹-439.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹16,690.0 Mil.

Supreme Infrastructure India did not have earnings to cover the interest expense.

Supreme Infrastructure India's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Supreme Infrastructure India's Interest Expense was ₹-3,369.9 Mil. Its Operating Income was ₹-57.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹586.5 Mil.

Supreme Infrastructure India 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.


Supreme Infrastructure India  (BOM:532904) 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 .


Supreme Infrastructure India Interest Coverage Related Terms

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


Supreme Infrastructure India Business Description

Traded in Other Exchanges
Address
Supreme House, Plot No. 94/C Pratap Gad, Opposite I.I.T Main Gate, Powai, Mumbai, MH, IND, 400076
Supreme Infrastructure India Ltd is an India-based holding company. The company with its subsidiaries is involved in the Engineering, Designing, and Construction (E, D & C) segment for power, roads, Bridges, and other infrastructure sectors. It is also engaged in the implementation, operation, and maintenance of several projects in the Power sector and infrastructural areas through its special-purpose vehicles. The company operates in two business segments namely Engineering and Construction comprises services and solutions related to civil construction and related sectors which also contribute a majority part of revenue, and the Road Infrastructure segment comprises construction, execution, operations, and maintenance of road projects.

Supreme Infrastructure India Headlines

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