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Sankhya Infotech (BOM:532972) Interest Coverage : 0 (At Loss) (As of Mar. 2022)


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What is Sankhya Infotech 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. Sankhya Infotech's Operating Income for the three months ended in Mar. 2022 was ₹-17.88 Mil. Sankhya Infotech's Interest Expense for the three months ended in Mar. 2022 was ₹0.00 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 Sankhya Infotech's Interest Coverage or its related term are showing as below:


BOM:532972's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.29
* 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.


Sankhya Infotech Interest Coverage Historical Data

The historical data trend for Sankhya Infotech'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.

Sankhya Infotech Interest Coverage Chart

Sankhya Infotech Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 0.62 - - -

Sankhya Infotech Quarterly Data
Mar14 Mar15 Mar16 Mar17 Mar18 Jun18 Sep18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 - - - - -

Competitive Comparison of Sankhya Infotech's Interest Coverage

For the Software - Application subindustry, Sankhya Infotech'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.


Sankhya Infotech's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Sankhya Infotech's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sankhya Infotech's Interest Coverage falls into.



Sankhya Infotech 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.

Sankhya Infotech's Interest Coverage for the fiscal year that ended in Mar. 2022 is calculated as

Here, for the fiscal year that ended in Mar. 2022, Sankhya Infotech's Interest Expense was ₹-73.42 Mil. Its Operating Income was ₹-74.31 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Sankhya Infotech did not have earnings to cover the interest expense.

Sankhya Infotech's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Here, for the three months ended in Mar. 2022, Sankhya Infotech's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-17.88 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.


Sankhya Infotech  (BOM:532972) 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 .


Sankhya Infotech Interest Coverage Related Terms

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


Sankhya Infotech (BOM:532972) Business Description

Traded in Other Exchanges
N/A
Address
W.S. Colony, House No.1-112/63, 2nd Floor, V. Satyanarayana House, Near KIMS Hospital, Kondapur, Hyderabad, TG, IND, 500 049
Sankhya Infotech Ltd provides simulation and training solutions.Its services include software services around the products, development of simulation software for specific customer needs, courseware, and providing consulting support to customers. There are two segments identified as Defense and Non-Defense segments. Apart from India, the company has established its operations in France and the UAE. The company derives the majority of its revenue through the Non-Defense segment in the UAE.

Sankhya Infotech (BOM:532972) Headlines

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