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VCU Data Management (BOM:536672) Interest Coverage : No Debt (1) (As of Dec. 2023)


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What is VCU Data Management 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. VCU Data Management's Operating Income for the three months ended in Dec. 2023 was ₹-2.21 Mil. VCU Data Management's Interest Expense for the three months ended in Dec. 2023 was ₹0.00 Mil. VCU Data Management has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for VCU Data Management's Interest Coverage or its related term are showing as below:


BOM:536672's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.3
* 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.


VCU Data Management Interest Coverage Historical Data

The historical data trend for VCU Data Management'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.

VCU Data Management Interest Coverage Chart

VCU Data Management Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2,284.50 -

VCU Data Management Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 No Debt No Debt

Competitive Comparison of VCU Data Management's Interest Coverage

For the Security & Protection Services subindustry, VCU Data Management'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.


VCU Data Management's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, VCU Data Management's Interest Coverage distribution charts can be found below:

* The bar in red indicates where VCU Data Management's Interest Coverage falls into.



VCU Data Management 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.

VCU Data Management's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, VCU Data Management's Interest Expense was ₹-0.06 Mil. Its Operating Income was ₹-8.76 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

VCU Data Management did not have earnings to cover the interest expense.

VCU Data Management's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, VCU Data Management's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-2.21 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

VCU Data Management had no debt (1).

* 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.


VCU Data Management  (BOM:536672) 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 .


VCU Data Management Interest Coverage Related Terms

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VCU Data Management (BOM:536672) Business Description

Traded in Other Exchanges
N/A
Address
Tara Temple Lane, Lamington Road, 301, 3rd Floor, Rajdeep Building, Grant Road (East), Mumbai, MH, IND, 400007
VCU Data Management Ltd is a provider of surveillance products. The company provides Interactive Audio/Video Live Streaming hardware/software combination solutions for the masses at high quality at low bandwidth. It has been operating in the electronic industry and dealing and manufacturing only electronic products including Security & Surveillance related electronic equipment. The Company's products are mainly electronic and therefore there is a single segment of operation.

VCU Data Management (BOM:536672) Headlines

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