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Hexa Tradex (BOM:534328) Interest Coverage : N/A (As of Mar. 2025)


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What is Hexa Tradex 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. Hexa Tradex's Operating Income for the three months ended in Mar. 2025 was ₹-35.47 Mil. Hexa Tradex's Interest Expense for the three months ended in Mar. 2025 was ₹0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Hexa Tradex's Interest Coverage or its related term are showing as below:


BOM:534328's Interest Coverage is not ranked *
in the Credit Services industry.
Industry Median: 65.99
* 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.


Hexa Tradex Interest Coverage Historical Data

The historical data trend for Hexa Tradex'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.

Hexa Tradex Interest Coverage Chart

Hexa Tradex Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,322.67 - - 235,068.60 N/A

Hexa Tradex Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 N/A No Debt N/A No Debt N/A

Competitive Comparison of Hexa Tradex's Interest Coverage

For the Credit Services subindustry, Hexa Tradex'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.


Hexa Tradex's Interest Coverage Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Hexa Tradex's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hexa Tradex's Interest Coverage falls into.


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Hexa Tradex 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.

Hexa Tradex's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Hexa Tradex's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-96.92 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹216.54 Mil.

GuruFocus does not calculate Hexa Tradex's interest coverage with the available data.

Hexa Tradex's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Hexa Tradex's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-35.47 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹216.54 Mil.

GuruFocus does not calculate Hexa Tradex's interest coverage with the available data.

* 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.


Hexa Tradex  (BOM:534328) 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 .


Hexa Tradex Interest Coverage Related Terms

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


Hexa Tradex Business Description

Traded in Other Exchanges
Address
Jindal Centre, 12, Bhikaiji Cama Place, New Delhi, IND, 110066
Hexa Tradex Ltd is an Indian based company engaged in providing of Credit Services. The company's segments include Trading activities & other activities and Investment and finance. The company acts as an import and export agent, representative, contractor, selling agent, broker for the trading of chemicals, iron & steel and related products, machinery parts and accessories, minerals, motor vehicle parts, accessories and components, non-ferrous metal and related products, and among others. The company operates only in India.

Hexa Tradex Headlines

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