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UFO Moviez India (BOM:539141) Interest Coverage : 6.35 (As of Dec. 2024)


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What is UFO Moviez India 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. UFO Moviez India's Operating Income for the three months ended in Dec. 2024 was ₹208 Mil. UFO Moviez India's Interest Expense for the three months ended in Dec. 2024 was ₹-33 Mil. UFO Moviez India's interest coverage for the quarter that ended in Dec. 2024 was 6.35. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for UFO Moviez India's Interest Coverage or its related term are showing as below:

BOM:539141' s Interest Coverage Range Over the Past 10 Years
Min: 2.24   Med: 7.25   Max: 10.64
Current: 2.3


BOM:539141's Interest Coverage is ranked worse than
78.49% of 623 companies
in the Media - Diversified industry
Industry Median: 11.48 vs BOM:539141: 2.30

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


UFO Moviez India Interest Coverage Historical Data

The historical data trend for UFO Moviez India'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.

UFO Moviez India Interest Coverage Chart

UFO Moviez India 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 5.31 - - - 2.24

UFO Moviez India 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 2.33 3.82 - 0.18 6.35

Competitive Comparison of UFO Moviez India's Interest Coverage

For the Entertainment subindustry, UFO Moviez India'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.


UFO Moviez India's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, UFO Moviez India's Interest Coverage distribution charts can be found below:

* The bar in red indicates where UFO Moviez India's Interest Coverage falls into.


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UFO Moviez India 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.

UFO Moviez India'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, UFO Moviez India's Interest Expense was ₹-123 Mil. Its Operating Income was ₹275 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹498 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*274.619/-122.578
=2.24

UFO Moviez India's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, UFO Moviez India's Interest Expense was ₹-33 Mil. Its Operating Income was ₹208 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*207.5/-32.7
=6.35

* 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.


UFO Moviez India  (BOM:539141) 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 .


UFO Moviez India Interest Coverage Related Terms

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


UFO Moviez India Business Description

Traded in Other Exchanges
Address
Plot No. 53/1, Road No. 7, Valuable Techno Park, Opposite Akruti Trade Centre, MIDC, Marol, Andheri (East), Mumbai, MH, IND, 400 093
UFO Moviez India Ltd is a satellite-based digital cinema distribution network and in-cinema advertising platform in India. It delivers movie content through a satellite-based cinema distribution network using its UFO-M4 platform and D-Cinema network. It receives revenues from advertisers, through in-cinema advertising, movie producers, and distributors, for the secured delivery and screening of their movies and exhibitors, through equipment rental and sales for digital cinema equipment and consumables.

UFO Moviez India Headlines

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