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Nexus Surgical and Medicare (BOM:538874) Interest Coverage : No Debt (1) (As of Mar. 2025)


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What is Nexus Surgical and Medicare 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. Nexus Surgical and Medicare's Operating Income for the three months ended in Mar. 2025 was ₹1.14 Mil. Nexus Surgical and Medicare's Interest Expense for the three months ended in Mar. 2025 was ₹0.00 Mil. Nexus Surgical and Medicare has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Nexus Surgical and Medicare Ltd has no debt.

(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 Nexus Surgical and Medicare's Interest Coverage or its related term are showing as below:

BOM:538874' s Interest Coverage Range Over the Past 10 Years
Min: 15.81   Med: 333.09   Max: No Debt
Current: No Debt


BOM:538874's Interest Coverage is ranked better than
99.13% of 458 companies
in the Capital Markets industry
Industry Median: 19.755 vs BOM:538874: No Debt

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Nexus Surgical and Medicare Interest Coverage Historical Data

The historical data trend for Nexus Surgical and Medicare'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.

Nexus Surgical and Medicare Interest Coverage Chart

Nexus Surgical and Medicare 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 1,621.00 333.09 154.86 47.13 No Debt

Nexus Surgical and Medicare 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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Nexus Surgical and Medicare's Interest Coverage

For the Capital Markets subindustry, Nexus Surgical and Medicare'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.


Nexus Surgical and Medicare's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nexus Surgical and Medicare's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Nexus Surgical and Medicare's Interest Coverage falls into.


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Nexus Surgical and Medicare 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.

Nexus Surgical and Medicare'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, Nexus Surgical and Medicare's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹6.61 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Nexus Surgical and Medicare had no debt (1).

Nexus Surgical and Medicare's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Nexus Surgical and Medicare's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹1.14 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Nexus Surgical and Medicare 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.


Nexus Surgical and Medicare  (BOM:538874) 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 .


Nexus Surgical and Medicare Interest Coverage Related Terms

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


Nexus Surgical and Medicare Business Description

Traded in Other Exchanges
N/A
Address
Gala No. 4, Saarthak, Building No. 1, Square Industrial Park, Tungarphata, Vasai (East), Palghar, Mumbai, MH, IND, 401 208
Nexus Surgical and Medicare Ltd is engaged in the business of trading activities in various commodities within India. The company has one segment, which is trading activities of medical supplies. The company generates its revenue from the sale of products and services.

Nexus Surgical and Medicare Headlines

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