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Kaushalya Infrastructure Development (BOM:532925) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is Kaushalya Infrastructure Development 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. Kaushalya Infrastructure Development's Operating Income for the three months ended in Sep. 2024 was ₹-2.63 Mil. Kaushalya Infrastructure Development's Interest Expense for the three months ended in Sep. 2024 was ₹0.02 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 Kaushalya Infrastructure Development's Interest Coverage or its related term are showing as below:


BOM:532925's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 6.79
* 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.


Kaushalya Infrastructure Development Interest Coverage Historical Data

The historical data trend for Kaushalya Infrastructure Development'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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Kaushalya Infrastructure Development Interest Coverage Chart

Kaushalya Infrastructure Development Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
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Kaushalya Infrastructure Development 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 - No Debt 838.89 - -

Competitive Comparison of Kaushalya Infrastructure Development's Interest Coverage

For the Engineering & Construction subindustry, Kaushalya Infrastructure Development'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.


Kaushalya Infrastructure Development's Interest Coverage Distribution in the Construction Industry

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

* The bar in red indicates where Kaushalya Infrastructure Development's Interest Coverage falls into.



Kaushalya Infrastructure Development 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.

Kaushalya Infrastructure Development'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, Kaushalya Infrastructure Development's Interest Expense was ₹-0.01 Mil. Its Operating Income was ₹-14.75 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Kaushalya Infrastructure Development did not have earnings to cover the interest expense.

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

Here, for the three months ended in Sep. 2024, Kaushalya Infrastructure Development's Interest Expense was ₹0.02 Mil. Its Operating Income was ₹-2.63 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

* 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.


Kaushalya Infrastructure Development  (BOM:532925) 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 .


Kaushalya Infrastructure Development Interest Coverage Related Terms

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Kaushalya Infrastructure Development Business Description

Traded in Other Exchanges
Address
HB 170, Sector III, Salt Lake, Kolkata, WB, IND, 700106
Kaushalya Infrastructure Development Corp Ltd is engaged in executing construction contracts relating to infrastructure, real estate developments, acquisition and development, and sale of land. The company is also engaged in operating hotels. The company operates into segments such as Construction including roads, bridges and infrastructure development, housing development, renewable energy projects and Hotel segments. Geographically, it operates in India.

Kaushalya Infrastructure Development Headlines

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