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Orissa Bengal Carrier (BOM:541206) Interest Coverage : 0.91 (As of Mar. 2025)


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What is Orissa Bengal Carrier 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. Orissa Bengal Carrier's Operating Income for the three months ended in Mar. 2025 was ₹15 Mil. Orissa Bengal Carrier's Interest Expense for the three months ended in Mar. 2025 was ₹-17 Mil. Orissa Bengal Carrier's interest coverage for the quarter that ended in Mar. 2025 was 0.91. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Orissa Bengal Carrier's Interest Coverage or its related term are showing as below:

BOM:541206' s Interest Coverage Range Over the Past 10 Years
Min: 1.76   Med: 4.64   Max: 8.47
Current: 1.76


BOM:541206's Interest Coverage is ranked worse than
84.13% of 838 companies
in the Transportation industry
Industry Median: 6.05 vs BOM:541206: 1.76

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


Orissa Bengal Carrier Interest Coverage Historical Data

The historical data trend for Orissa Bengal Carrier'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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Orissa Bengal Carrier Interest Coverage Chart

Orissa Bengal Carrier 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 4.93 5.96 8.13 3.36 1.76

Orissa Bengal Carrier Quarterly Data
Sep19 Mar20 Sep20 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 - 3.01 1.42 2.86 0.91

Competitive Comparison of Orissa Bengal Carrier's Interest Coverage

For the Trucking subindustry, Orissa Bengal Carrier'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.


Orissa Bengal Carrier's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Orissa Bengal Carrier's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Orissa Bengal Carrier's Interest Coverage falls into.


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Orissa Bengal Carrier 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.

Orissa Bengal Carrier'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, Orissa Bengal Carrier's Interest Expense was ₹-39 Mil. Its Operating Income was ₹69 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹192 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*68.516/-38.907
=1.76

Orissa Bengal Carrier's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Orissa Bengal Carrier's Interest Expense was ₹-17 Mil. Its Operating Income was ₹15 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹192 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*15.254/-16.738
=0.91

* 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.


Orissa Bengal Carrier  (BOM:541206) 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 .


Orissa Bengal Carrier Interest Coverage Related Terms

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


Orissa Bengal Carrier Business Description

Traded in Other Exchanges
Address
Vidhan Sabha Road, A-1, 3rd Floor, C.G. Elite Complex, Opposite Mandi Gate, Pandri, Raipur, CT, IND, 492001
Orissa Bengal Carrier Ltd is engaged in the Transportation and Logistics Business. It offers shipments for local, regional, and nationwide cargoes. Its services include customized or specialized fleets for meeting specific requirements of clients. It serves a broad range of industries, including steel, coal, aluminum, cement, petrochemicals, paper, marble, tiles, infra, and textiles. The company's main business activity is in full truck load transport service, which transports consignments by road all over India.

Orissa Bengal Carrier Headlines

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