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Globe Multi Ventures (BOM:540266) Interest Coverage : N/A (As of Mar. 2025)


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What is Globe Multi Ventures 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. Globe Multi Ventures's Operating Income for the three months ended in Mar. 2025 was ₹30 Mil. Globe Multi Ventures's Interest Expense for the three months ended in Mar. 2025 was ₹0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Globe Multi Ventures's Interest Coverage or its related term are showing as below:


BOM:540266's Interest Coverage is not ranked *
in the Conglomerates industry.
Industry Median: 5.065
* 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.


Globe Multi Ventures Interest Coverage Historical Data

The historical data trend for Globe Multi Ventures'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.

Globe Multi Ventures Interest Coverage Chart

Globe Multi Ventures 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 N/A 13,473.00 32,142.00 95.62 N/A

Globe Multi Ventures 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 N/A No Debt N/A No Debt N/A

Competitive Comparison of Globe Multi Ventures's Interest Coverage

For the Conglomerates subindustry, Globe Multi Ventures'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.


Globe Multi Ventures's Interest Coverage Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Globe Multi Ventures's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Globe Multi Ventures's Interest Coverage falls into.


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Globe Multi Ventures 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.

Globe Multi Ventures'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, Globe Multi Ventures's Interest Expense was ₹0 Mil. Its Operating Income was ₹85 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹15 Mil.

GuruFocus does not calculate Globe Multi Ventures's interest coverage with the available data.

Globe Multi Ventures's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Globe Multi Ventures's Interest Expense was ₹0 Mil. Its Operating Income was ₹30 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹15 Mil.

GuruFocus does not calculate Globe Multi Ventures's interest coverage with the available data.

* 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.


Globe Multi Ventures  (BOM:540266) 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 .


Globe Multi Ventures Interest Coverage Related Terms

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


Globe Multi Ventures Business Description

Traded in Other Exchanges
N/A
Address
Transport Road, Plot No. 54 and 55, A.G. Arcade, Balaji Co-operative Society, Secunderabad, TG, IND, 500009
Globe Multi Ventures Ltd is involved in the buying, selling, and distribution of agricultural commodities, sanitary ware, cotton, jute, and other merchandise goods as well as acting as agents and brokers. The company also provides Management and Financial Consultancy.

Globe Multi Ventures Headlines

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