Indo US Bio-Tech (BOM:541304) Interest Coverage : 14.02 (As of Dec. 2024)

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What is Indo US Bio-Tech 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. Indo US Bio-Tech's Operating Income for the three months ended in Dec. 2024 was ₹53.8 Mil. Indo US Bio-Tech's Interest Expense for the three months ended in Dec. 2024 was ₹-3.8 Mil. Indo US Bio-Tech's interest coverage for the quarter that ended in Dec. 2024 was 14.02. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Indo US Bio-Tech's Interest Coverage or its related term are showing as below:

BOM:541304' s Interest Coverage Range Over the Past 10 Years
Min: 1.86 Med: 4.69 Max: 10.74
Current: 10.74

BOM:541304's Interest Coverage is ranked better than
56.02% of 191 companies
in the Agriculture industry
Industry Median: 6.93 vs BOM:541304: 10.74

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

Indo US Bio-Tech Interest Coverage Historical Data

The historical data trend for Indo US Bio-Tech'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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Indo US Bio-Tech Interest Coverage Chart

Indo US Bio-Tech Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Coverage

Get a 7-Day Free Trial

4.81

4.56

5.82

8.44

8.01

Indo US Bio-Tech Quarterly Data
	Mar17	Oct17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24	Sep24	Dec24
Interest Coverage	Get a 7-Day Free Trial															5.82	10.85	8.14	9.59	14.02

Competitive Comparison of Indo US Bio-Tech's Interest Coverage

For the Agricultural Inputs subindustry, Indo US Bio-Tech'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.

Indo US Bio-Tech's Interest Coverage Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Indo US Bio-Tech's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Indo US Bio-Tech's Interest Coverage falls into.

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Indo US Bio-Tech 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.

Indo US Bio-Tech'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, Indo US Bio-Tech's Interest Expense was ₹-14.1 Mil. Its Operating Income was ₹113.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹37.3 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2024 )	/	Interest Expense (A: Mar. 2024 )
	=	-1	*	112.978	/	-14.098
	=	8.01

Indo US Bio-Tech's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Indo US Bio-Tech's Interest Expense was ₹-3.8 Mil. Its Operating Income was ₹53.8 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	*	53.822	/	-3.84
	=	14.02

The higher the ratio, the stronger the company's Financial Strength is.

Indo US Bio-Tech (BOM:541304) 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 .

Indo US Bio-Tech Interest Coverage Related Terms

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Indo US Bio-Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Indo US Bio-Tech Ltd (BOM:541304) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

INDOUS:India

Address

Satadhar Char Rasta, Sola Road, 309, Shanti Mall, Opposite Navrang Tower, Ahmedabad, GJ, IND, 380061

Website

https://www.indousagriseeds.com

Indo US Bio-Tech Ltd is engaged in the trading of agricultural seeds. It is involved in crop research and development through breeding, production of seeds, processing, packing, and marketing of high-performing hybrid and open-pollinated varieties of agriculture crops. The company's product categories include vegetables; cotton seeds; oilseeds; spices seeds; pulses seeds and cereals seeds. The company has two segments which include Agricultural Activities and Trading Activities out of which it generates the key revenue from the Agricultural Activities.

Indo US Bio-Tech Headlines

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