Cox & Kings Financial Service (BOM:542641) Interest Coverage: 0 (At Loss) (As of Mar. 2022)

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What is Cox & Kings Financial Service Interest Coverage?

Cox & Kings Financial Service BOM:542641 Interest Coverage is 0 (At Loss) as of Mar. 2022.

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. Cox & Kings Financial Service's Operating Income for the six months ended in Mar. 2022 was ₹-8.96 Mil. Cox & Kings Financial Service's Interest Expense for the six months ended in Mar. 2022 was ₹0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(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 Cox & Kings Financial Service's Interest Coverage or its related term are showing as below:


BOM:542641's Interest Coverage is not ranked *
in the Credit Services industry.
Industry Median: 50.67
* 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.


Cox & Kings Financial Service  (BOM:542641) 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 .


Cox & Kings Financial Service Interest Coverage Related Terms


Cox & Kings Financial Service Interest Coverage Historical Data

* Premium members only.

The historical data trend for Cox & Kings Financial Service'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.

Cox & Kings Financial Service Interest Coverage Chart

Cox & Kings Financial Service Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22
Interest Coverage
0.92 0.13 - 0.00 0.00

Cox & Kings Financial Service Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 Mar22
Interest Coverage 0.92 0.13 - 0.00 0.00

Cox & Kings Financial Service Interest Coverage Competitor Comparison

For the Credit Services subindustry, Cox & Kings Financial Service'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.


Cox & Kings Financial Service Interest Coverage vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Cox & Kings Financial Service's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cox & Kings Financial Service's Interest Coverage falls into.



Cox & Kings Financial Service 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.

Cox & Kings Financial Service's Interest Coverage for the fiscal year that ended in Mar. 2022 is calculated as

Here, for the fiscal year that ended in Mar. 2022, Cox & Kings Financial Service's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-8.96 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Cox & Kings Financial Service had no debt (1).

Cox & Kings Financial Service's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Here, for the six months ended in Mar. 2022, Cox & Kings Financial Service's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-8.96 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Cox & Kings Financial Service 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Cox & Kings Financial Service (BOM:542641) has a Interest Coverage of 0 (At Loss) as of Mar. 2022. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Cox & Kings Financial Service and its competitors.
Is Cox & Kings Financial Service's Interest Coverage too high?
Cox & Kings Financial Service's current Interest Coverage is 0 (At Loss).
How does Cox & Kings Financial Service's Interest Coverage compare to competitors?
Cox & Kings Financial Service's Interest Coverage of 0 (At Loss) can be compared against companies in the Credit Services industry. The industry median Interest Coverage is 50.67. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Credit Services company?
The median Interest Coverage among Credit Services companies is 50.67, based on 157 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Cox & Kings Financial Service and its competitors. For the Credit Services industry, the median Interest Coverage is 50.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cox & Kings Financial Service's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cox & Kings Financial Service stock overvalued right now?
Cox & Kings Financial Service (BOM:542641) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Cox & Kings Financial Service (BOM:542641), the current Interest Coverage is 0 (At Loss) as of Mar. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cox & Kings Financial Service Business Description

Address Off. Andheri Kurla Link Road, Marol Makwana Road, 1st Floor, Vaman Centre, Andheri (East), Mumbai, MH, IND, 400001
Cox & Kings Financial Service Ltd is an Indian non-banking financial company that was incorporated as a subsidiary of the travel group Cox & Kings Ltd. It was established to provide financial services tied to the travel and tourism sector, including foreign exchange services, holiday financing, student loan financing, and other lending activities. Its customer base consisted primarily of travellers, students pursuing overseas education, and holidaymakers seeking financing for trips. The company operated within India and was intended to complement the parent group's travel business by offering integrated financial products. It generated revenue through interest income on loans, fees on foreign exchange transactions, and related financial service charges. The company's operations were closely linked to its parent, and it subsequently faced significant financial and regulatory difficulties.