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Crystal Business System (BOM:540821) Interest Coverage : 41.14 (As of Dec. 2024)


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What is Crystal Business System 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. Crystal Business System's Operating Income for the three months ended in Dec. 2024 was ₹17.6 Mil. Crystal Business System's Interest Expense for the three months ended in Dec. 2024 was ₹-0.4 Mil. Crystal Business System's interest coverage for the quarter that ended in Dec. 2024 was 41.14. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Crystal Business System's Interest Coverage or its related term are showing as below:

BOM:540821' s Interest Coverage Range Over the Past 10 Years
Min: 38.81   Med: 78.81   Max: No Debt
Current: 42.5


BOM:540821's Interest Coverage is ranked better than
67.09% of 623 companies
in the Media - Diversified industry
Industry Median: 11.42 vs BOM:540821: 42.50

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


Crystal Business System Interest Coverage Historical Data

The historical data trend for Crystal Business System'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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Crystal Business System Interest Coverage Chart

Crystal Business System 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 70.84 - - - 51.06

Crystal Business System 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 - 75.40 No Debt 26.70 41.14

Competitive Comparison of Crystal Business System's Interest Coverage

For the Broadcasting subindustry, Crystal Business System'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.


Crystal Business System's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Crystal Business System's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Crystal Business System's Interest Coverage falls into.


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Crystal Business System 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.

Crystal Business System'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, Crystal Business System's Interest Expense was ₹-0.1 Mil. Its Operating Income was ₹7.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹24.5 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*7.097/-0.139
=51.06

Crystal Business System's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Crystal Business System's Interest Expense was ₹-0.4 Mil. Its Operating Income was ₹17.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*17.566/-0.427
=41.14

* 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.


Crystal Business System  (BOM:540821) 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 .


Crystal Business System Interest Coverage Related Terms

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


Crystal Business System Business Description

Traded in Other Exchanges
N/A
Address
Rani Jhansi Road, 37, Second Floor, Motia Khan, Paharganj, New Delhi, IND, 110055
Sadhna Broadcast Ltd is a media and broadcast company. It launches television channels for the news, films, music, serials, and other programmes. The firm's channels are Sadhna TV, Ishwar TV, Dishum, Sadhna News, Prerna TV, and VIP News among others.

Crystal Business System Headlines

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