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Platinumone Business Services (BOM:543352) Interest Coverage : 0.44 (As of Mar. 2025)


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What is Platinumone Business 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. Platinumone Business Services's Operating Income for the six months ended in Mar. 2025 was ₹0.9 Mil. Platinumone Business Services's Interest Expense for the six months ended in Mar. 2025 was ₹-2.0 Mil. Platinumone Business Services's interest coverage for the quarter that ended in Mar. 2025 was 0.44. The higher the ratio, the stronger the company's financial strength is.

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

BOM:543352' s Interest Coverage Range Over the Past 10 Years
Min: 3.48   Med: 8.45   Max: 1179
Current: 8.16


BOM:543352's Interest Coverage is ranked worse than
58.73% of 790 companies
in the Business Services industry
Industry Median: 12.93 vs BOM:543352: 8.16

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


Platinumone Business Services Interest Coverage Historical Data

The historical data trend for Platinumone Business 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.

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Platinumone Business Services Interest Coverage Chart

Platinumone Business Services Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial 3.48 16.76 1,179.00 557.59 8.16

Platinumone Business Services Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 693.96 1,290.63 278.33 62.71 0.44

Competitive Comparison of Platinumone Business Services's Interest Coverage

For the Specialty Business Services subindustry, Platinumone Business 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.


Platinumone Business Services's Interest Coverage Distribution in the Business Services Industry

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

* The bar in red indicates where Platinumone Business Services's Interest Coverage falls into.


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Platinumone Business 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.

Platinumone Business Services'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, Platinumone Business Services's Interest Expense was ₹-2.3 Mil. Its Operating Income was ₹18.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹10.4 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*18.696/-2.291
=8.16

Platinumone Business Services's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the six months ended in Mar. 2025, Platinumone Business Services's Interest Expense was ₹-2.0 Mil. Its Operating Income was ₹0.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹10.4 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*0.887/-2.007
=0.44

* 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.


Platinumone Business Services  (BOM:543352) 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 .


Platinumone Business Services Interest Coverage Related Terms

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


Platinumone Business Services Business Description

Traded in Other Exchanges
N/A
Address
Road No. 16 Z, Wagle Estate, Ashar IT Park, 1st Floor, B wing, Thane, MH, IND, 400604
Platinumone Business Services Ltd provides customer acquisition-specific business process management services to mid-size and large corporates. The company offers its services in several industries including FMCG, real estate, furniture, insurance, consumer durables and others. The process offerings include lead conversion, customer care, channel management, lead generation and loyalty program which are delivered through call centres.

Platinumone Business Services Headlines

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