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Kanchi Karpooram (BOM:538896) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Kanchi Karpooram 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. Kanchi Karpooram's Operating Income for the three months ended in Dec. 2024 was ₹-3 Mil. Kanchi Karpooram's Interest Expense for the three months ended in Dec. 2024 was ₹-0 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Kanchi Karpooram Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

BOM:538896' s Interest Coverage Range Over the Past 10 Years
Min: 1.7   Med: 28.78   Max: 425.22
Current: 161.49


BOM:538896's Interest Coverage is ranked better than
87.28% of 1187 companies
in the Chemicals industry
Industry Median: 10 vs BOM:538896: 161.49

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


Kanchi Karpooram Interest Coverage Historical Data

The historical data trend for Kanchi Karpooram'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.

Kanchi Karpooram Interest Coverage Chart

Kanchi Karpooram Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.43 425.22 49.90 106.16 -

Kanchi Karpooram Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 89.83 - 241.68 130.06 -

Competitive Comparison of Kanchi Karpooram's Interest Coverage

For the Specialty Chemicals subindustry, Kanchi Karpooram'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.


Kanchi Karpooram's Interest Coverage Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kanchi Karpooram's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Kanchi Karpooram's Interest Coverage falls into.


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Kanchi Karpooram 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.

Kanchi Karpooram's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, Kanchi Karpooram's Interest Expense was ₹-1 Mil. Its Operating Income was ₹-13 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹4 Mil.

Kanchi Karpooram did not have earnings to cover the interest expense.

Kanchi Karpooram's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Kanchi Karpooram's Interest Expense was ₹-0 Mil. Its Operating Income was ₹-3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Kanchi Karpooram 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.


Kanchi Karpooram  (BOM:538896) 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 .


Kanchi Karpooram Interest Coverage Related Terms

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


Kanchi Karpooram Business Description

Traded in Other Exchanges
N/A
Address
Barnaby Road, No.1, Barnaby Avenue, Kilpauk, Chennai, TN, IND, 600010
Kanchi Karpooram Ltd is engaged in manufacturing Camphor, its derivatives, Gum rosin, Value Added Resins, and Fortified Rosin. Some of the products offered by the company include Camphene, Dipentene, Sodium Acetate Trihydrate Pine Pitch, Double distilled turpentine, and Isobornyl Acetate. The company is engaged in the activity of a single segment that is the manufacture and sale of Camphor and allied products.

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