GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Getalong Enterprise Ltd (BOM:543372) » Definitions » Interest Coverage

Getalong Enterprise (BOM:543372) Interest Coverage : 9.30 (As of Mar. 2025)


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

What is Getalong Enterprise 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. Getalong Enterprise's Operating Income for the six months ended in Mar. 2025 was ₹8.74 Mil. Getalong Enterprise's Interest Expense for the six months ended in Mar. 2025 was ₹-0.94 Mil. Getalong Enterprise's interest coverage for the quarter that ended in Mar. 2025 was 9.30. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Getalong Enterprise's Interest Coverage or its related term are showing as below:

BOM:543372' s Interest Coverage Range Over the Past 10 Years
Min: 4.36   Med: 9.87   Max: 13.14
Current: 9.87


BOM:543372's Interest Coverage is ranked worse than
55% of 80 companies
in the Personal Services industry
Industry Median: 11.775 vs BOM:543372: 9.87

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


Getalong Enterprise Interest Coverage Historical Data

The historical data trend for Getalong Enterprise'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.

Getalong Enterprise Interest Coverage Chart

Getalong Enterprise Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
- - 4.36 13.14 9.87

Getalong Enterprise Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only - 2.08 25.27 10.61 9.30

Competitive Comparison of Getalong Enterprise's Interest Coverage

For the Personal Services subindustry, Getalong Enterprise'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.


Getalong Enterprise's Interest Coverage Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Getalong Enterprise's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Getalong Enterprise's Interest Coverage falls into.


;
;

Getalong Enterprise 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.

Getalong Enterprise'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, Getalong Enterprise's Interest Expense was ₹-1.66 Mil. Its Operating Income was ₹16.40 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹11.80 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*16.404/-1.662
=9.87

Getalong Enterprise's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the six months ended in Mar. 2025, Getalong Enterprise's Interest Expense was ₹-0.94 Mil. Its Operating Income was ₹8.74 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹11.80 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*8.742/-0.94
=9.30

* 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.


Getalong Enterprise  (BOM:543372) 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 .


Getalong Enterprise Interest Coverage Related Terms

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


Getalong Enterprise Business Description

Traded in Other Exchanges
N/A
Address
Damji Shamji Corporate Square, Office No. 402, B-Wing, Laxmi Nagar, Ghatkopar (East), Mumbai, MH, IND, 400 075
Getalong Enterprise Ltd is engaged in the business of providing Tax Advisory and compliance Filing Services on a standalone basis and trading Garments in its subsidiary. The firm's service offering comprises Tax Advisory, Tax Compliance, Legal Services, Business Formation, Financial services and Allied services.

Getalong Enterprise Headlines

No Headlines