Chemcon Speciality Chemicals (BOM:543233) Interest Coverage : 3.84 (As of Mar. 2025)

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What is Chemcon Speciality Chemicals 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. Chemcon Speciality Chemicals's Operating Income for the three months ended in Mar. 2025 was ₹32 Mil. Chemcon Speciality Chemicals's Interest Expense for the three months ended in Mar. 2025 was ₹-8 Mil. Chemcon Speciality Chemicals's interest coverage for the quarter that ended in Mar. 2025 was 3.84. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Chemcon Speciality Chemicals's Interest Coverage or its related term are showing as below:

BOM:543233' s Interest Coverage Range Over the Past 10 Years
Min: 4.74 Med: 20.89 Max: 140.85
Current: 6.4

BOM:543233's Interest Coverage is ranked worse than
59.27% of 1186 companies
in the Chemicals industry
Industry Median: 9.72 vs BOM:543233: 6.40

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

Chemcon Speciality Chemicals Interest Coverage Historical Data

The historical data trend for Chemcon Speciality Chemicals'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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Chemcon Speciality Chemicals Interest Coverage Chart

Chemcon Speciality Chemicals Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Interest Coverage

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21.40

140.85

43.50

4.74

6.40

Chemcon Speciality Chemicals Quarterly Data
	Jun20	Sep20	Dec20	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															1.78	4.66	6.40	11.61	3.84

Competitive Comparison of Chemcon Speciality Chemicals's Interest Coverage

For the Specialty Chemicals subindustry, Chemcon Speciality Chemicals'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.

Chemcon Speciality Chemicals's Interest Coverage Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chemcon Speciality Chemicals's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Chemcon Speciality Chemicals's Interest Coverage falls into.

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Chemcon Speciality Chemicals 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.

Chemcon Speciality Chemicals'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, Chemcon Speciality Chemicals's Interest Expense was ₹-35 Mil. Its Operating Income was ₹223 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹2 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2025 )	/	Interest Expense (A: Mar. 2025 )
	=	-1	*	223.463	/	-34.926
	=	6.40

Chemcon Speciality Chemicals's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Chemcon Speciality Chemicals's Interest Expense was ₹-8 Mil. Its Operating Income was ₹32 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹2 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	32.093	/	-8.354
	=	3.84

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

Chemcon Speciality Chemicals (BOM:543233) 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 .

Chemcon Speciality Chemicals Interest Coverage Related Terms

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Chemcon Speciality Chemicals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chemcon Speciality Chemicals Ltd (BOM:543233) » Definitions » Interest Coverage

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CHEMCON:India

Address

Old Padra Road, Akshar Chowk, 9th Floor, Onyx Business Center, Vadodara, GJ, IND, 390020

Website

https://www.cscpl.com

Chemcon Speciality Chemicals Ltd manufactures specialized chemicals including Hexamethyldisilazane and Chloromethyl Isopropyl Carbonate, which are mainly used in the pharmaceutical industry. The company also produce inorganic bromides such as Calcium Bromide, Zinc Bromide, and Sodium Bromide, which are primarily used as completion fluids in the oilfields industry. The company's product lines include Oilfield Chemicals, Pharmaceutical Chemicals, Silanes, and Contract Manufacturing. It operates in India and internationally, with the majority of its revenue coming from India. In addition to the sale of products, the company also generates revenue from the sale of services.

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