GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » EKI Energy Services Ltd (BOM:543284) » Definitions » Interest Coverage

EKI Energy Services (BOM:543284) Interest Coverage : 0 (At Loss) (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is EKI Energy Services 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. EKI Energy Services's Operating Income for the three months ended in Jun. 2024 was ₹-30 Mil. EKI Energy Services's Interest Expense for the three months ended in Jun. 2024 was ₹-2 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for EKI Energy Services's Interest Coverage or its related term are showing as below:


BOM:543284's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.69
* 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.


EKI Energy Services Interest Coverage Historical Data

The historical data trend for EKI Energy Services'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.

* Premium members only.

EKI Energy Services Interest Coverage Chart

EKI Energy Services Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial 106.46 171.66 1,655.42 37.09 -

EKI Energy Services Quarterly Data
Mar18 Mar19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - - -

Competitive Comparison of EKI Energy Services's Interest Coverage

For the Consulting Services subindustry, EKI Energy Services'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.


EKI Energy Services's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, EKI Energy Services's Interest Coverage distribution charts can be found below:

* The bar in red indicates where EKI Energy Services's Interest Coverage falls into.



EKI Energy Services 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.

EKI Energy Services'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, EKI Energy Services's Interest Expense was ₹-22 Mil. Its Operating Income was ₹-1,369 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹35 Mil.

EKI Energy Services did not have earnings to cover the interest expense.

EKI Energy Services's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Here, for the three months ended in Jun. 2024, EKI Energy Services's Interest Expense was ₹-2 Mil. Its Operating Income was ₹-30 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

EKI Energy Services did not have earnings to cover the interest expense.

* 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.


EKI Energy Services  (BOM:543284) 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 .


EKI Energy Services Interest Coverage Related Terms

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


EKI Energy Services Business Description

Traded in Other Exchanges
N/A
Address
903, B-1 9th Floor, NRK Business Park, Scheme 54 PU4, Indore, MP, IND, 452010
EKI Energy Services Ltd is engaged in the business of carbon credits trading, Business excellence advisory services and training services, and Electrical Safety Audits. The company offer services to various clients in the government and private sectors like power generation, waste management, clean development mechanism, airports and many more industries. The company has two reportable segments which are Trading & Other Segment: where the carbon credits are purchased from various vendors and are sold to customers as well as manufacturing and allied activities are undertaken and Generation Segment: where the carbon credits are issued from the projects implemented, developed and owned by the company.

EKI Energy Services Headlines

No Headlines