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Tulsi Extrusions (BOM:532948) Interest Coverage : 0 (At Loss) (As of Jun. 2018)


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What is Tulsi Extrusions 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. Tulsi Extrusions's Operating Income for the three months ended in Jun. 2018 was ₹-54.6 Mil. Tulsi Extrusions's Interest Expense for the three months ended in Jun. 2018 was ₹-0.1 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 Tulsi Extrusions's Interest Coverage or its related term are showing as below:


BOM:532948's Interest Coverage is not ranked *
in the Vehicles & Parts industry.
Industry Median: 7.73
* 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.


Tulsi Extrusions Interest Coverage Historical Data

The historical data trend for Tulsi Extrusions'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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Tulsi Extrusions Interest Coverage Chart

Tulsi Extrusions Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Interest Coverage
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Tulsi Extrusions Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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Competitive Comparison of Tulsi Extrusions's Interest Coverage

For the Auto Parts subindustry, Tulsi Extrusions'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.


Tulsi Extrusions's Interest Coverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tulsi Extrusions's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Tulsi Extrusions's Interest Coverage falls into.



Tulsi Extrusions 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.

Tulsi Extrusions's Interest Coverage for the fiscal year that ended in Mar. 2018 is calculated as

Here, for the fiscal year that ended in Mar. 2018, Tulsi Extrusions's Interest Expense was ₹-9.1 Mil. Its Operating Income was ₹-143.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,240.5 Mil.

Tulsi Extrusions did not have earnings to cover the interest expense.

Tulsi Extrusions's Interest Coverage for the quarter that ended in Jun. 2018 is calculated as

Here, for the three months ended in Jun. 2018, Tulsi Extrusions's Interest Expense was ₹-0.1 Mil. Its Operating Income was ₹-54.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Tulsi Extrusions 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.


Tulsi Extrusions  (BOM:532948) 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 .


Tulsi Extrusions Interest Coverage Related Terms

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


Tulsi Extrusions (BOM:532948) Business Description

Traded in Other Exchanges
N/A
Address
Plot number N-99, MIDC Area, Jalgaon, MH, IND, 425003
Tulsi Extrusions Ltd is a polymer processing company with products in agribusiness. The company is engaged in manufacturing Polyvinyl chloride pipes for the rural agriculture market. It operates in two segments Poly Vinyl Chloride Pipes and Fittings; and Micro Irrigation Systems. Its products portfolio includes UPVC Pipes, Injection Molding PVC Fittings and Fabricated Fittings, ASTM Pipes, SWR Pipes & Fittings, HDPE Pipe Systems, LLDPE Pipe and Drip irrigation system, CPVC Pipes and Fittings. The company's products are used in various industries including irrigation sector, industrial sector, infrastructure and housing sector.

Tulsi Extrusions (BOM:532948) Headlines

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