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Garbi Finvest (BOM:539492) Interest Coverage : No Debt (1) (As of Mar. 2025)


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What is Garbi Finvest 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. Garbi Finvest's Operating Income for the three months ended in Mar. 2025 was ₹-16.50 Mil. Garbi Finvest's Interest Expense for the three months ended in Mar. 2025 was ₹0.00 Mil. Garbi Finvest has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Garbi Finvest 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 Garbi Finvest's Interest Coverage or its related term are showing as below:

BOM:539492' s Interest Coverage Range Over the Past 10 Years
Min: 309.4   Med: 9011   Max: 78065.75
Current: No Debt


BOM:539492's Interest Coverage is ranked better than
99.37% of 158 companies
in the Credit Services industry
Industry Median: 65.99 vs BOM:539492: 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.


Garbi Finvest Interest Coverage Historical Data

The historical data trend for Garbi Finvest'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.

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Garbi Finvest Interest Coverage Chart

Garbi Finvest 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 4,672.67 78,065.75 No Debt No Debt No Debt

Garbi Finvest 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 Garbi Finvest's Interest Coverage

For the Credit Services subindustry, Garbi Finvest'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.


Garbi Finvest's Interest Coverage Distribution in the Credit Services Industry

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

* The bar in red indicates where Garbi Finvest's Interest Coverage falls into.


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Garbi Finvest 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.

Garbi Finvest'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, Garbi Finvest's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-3.27 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Garbi Finvest had no debt (1).

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

Here, for the three months ended in Mar. 2025, Garbi Finvest's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-16.50 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Garbi Finvest 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.


Garbi Finvest  (BOM:539492) 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 .


Garbi Finvest Interest Coverage Related Terms

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


Garbi Finvest Business Description

Traded in Other Exchanges
N/A
Address
Chakala Road, Office Number F114, 1st Floor, Nahar and Seth Industrial Estate, Near P and G Plaza, Andheri (East), Mumbai, MH, IND, 400099
Garbi Finvest Ltd is an Indian non-banking financial company. The company's main business activities are Investment activities including advancing and financing activities. It generates revenue in the form of interest income.

Garbi Finvest Headlines

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