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Cox & Kings Financial Service (BOM:542641) Interest Coverage : N/A (As of Mar. 2021)


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What is Cox & Kings Financial Service 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. Cox & Kings Financial Service's Operating Income for the three months ended in Mar. 2021 was ₹-126.80 Mil. Cox & Kings Financial Service's Interest Expense for the three months ended in Mar. 2021 was ₹0.00 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 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: 65.99
* 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 Interest Coverage Historical Data

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.

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Cox & Kings Financial Service Interest Coverage Chart

Cox & Kings Financial Service Annual Data
Trend Mar18 Mar19 Mar20 Mar21
Interest Coverage
25.41 8.47 N/A N/A

Cox & Kings Financial Service Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Interest Coverage Get a 7-Day Free Trial 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 Cox & Kings Financial Service's Interest Coverage

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's Interest Coverage Distribution in the 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.


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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. 2021 is calculated as

Here, for the fiscal year that ended in Mar. 2021, Cox & Kings Financial Service's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-544.50 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹4,909.60 Mil.

GuruFocus does not calculate Cox & Kings Financial Service's interest coverage with the available data.

Cox & Kings Financial Service's Interest Coverage for the quarter that ended in Mar. 2021 is calculated as

Here, for the three months ended in Mar. 2021, Cox & Kings Financial Service's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-126.80 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹4,909.60 Mil.

GuruFocus does not calculate Cox & Kings Financial Service'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.


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

Thank you for viewing the detailed overview of Cox & Kings Financial Service's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Cox & Kings Financial Service Business Description

Traded in Other Exchanges
N/A
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 based company proposes to carry on Foreign Exchange Business, Holiday Financing, Student Loan Financing and Other Non-Banking Financial Service Activities.

Cox & Kings Financial Service Headlines

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