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Asian Hotels (West) (BOM:533221) Interest Coverage : 0 (At Loss) (As of Dec. 2020)


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What is Asian Hotels (West) 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. Asian Hotels (West)'s Operating Income for the three months ended in Dec. 2020 was ₹-147 Mil. Asian Hotels (West)'s Interest Expense for the three months ended in Dec. 2020 was ₹-243 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 Asian Hotels (West)'s Interest Coverage or its related term are showing as below:


BOM:533221's Interest Coverage is not ranked *
in the Travel & Leisure industry.
Industry Median: 5.23
* 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.


Asian Hotels (West) Interest Coverage Historical Data

The historical data trend for Asian Hotels (West)'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.

Asian Hotels (West) Interest Coverage Chart

Asian Hotels (West) Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.68 0.86 1.43 1.04

Asian Hotels (West) Quarterly Data
Jun13 Mar14 Mar15 Mar16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 1.23 1.48 - - -

Competitive Comparison of Asian Hotels (West)'s Interest Coverage

For the Lodging subindustry, Asian Hotels (West)'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.


Asian Hotels (West)'s Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Asian Hotels (West)'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Asian Hotels (West)'s Interest Coverage falls into.



Asian Hotels (West) 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.

Asian Hotels (West)'s Interest Coverage for the fiscal year that ended in Mar. 2020 is calculated as

Here, for the fiscal year that ended in Mar. 2020, Asian Hotels (West)'s Interest Expense was ₹-1,033 Mil. Its Operating Income was ₹1,077 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹9,168 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2020 )/Interest Expense (A: Mar. 2020 )
=-1*1077.139/-1033.287
=1.04

Asian Hotels (West)'s Interest Coverage for the quarter that ended in Dec. 2020 is calculated as

Here, for the three months ended in Dec. 2020, Asian Hotels (West)'s Interest Expense was ₹-243 Mil. Its Operating Income was ₹-147 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Asian Hotels (West) 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.


Asian Hotels (West)  (BOM:533221) 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 .


Asian Hotels (West) Interest Coverage Related Terms

Thank you for viewing the detailed overview of Asian Hotels (West)'s Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Asian Hotels (West) (BOM:533221) Business Description

Traded in Other Exchanges
N/A
Address
Aria Tower, J.W Marriott, 6th Floor, New Delhi Aero City, Asset Area 4, Hospitality District, Near IGI Airport, New Delhi, IND, 110037
Asian Hotels (West) Ltd is an Indian-based company involved in hotel business sector. The company operates in one business segment that is Hotel Business. Their property consists of Hotel Hyatt Regency in Mumbai and JW Marriott Hotel in New Delhi. The company offers Rooms, Wines and Liquor, Food, Beverages, Smokes, and Banquets out of which sale of rooms generate maximum revenue for the company. They also offer ayurvedic services, body scrubs, and eye treatment in their hotels.

Asian Hotels (West) (BOM:533221) Headlines

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