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Wherrelz IT Solutions (BOM:543436) Interest Coverage : No Debt (1) (As of Mar. 2025)


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What is Wherrelz IT Solutions 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. Wherrelz IT Solutions's Operating Income for the six months ended in Mar. 2025 was ₹-92.0 Mil. Wherrelz IT Solutions's Interest Expense for the six months ended in Mar. 2025 was ₹0.0 Mil. Wherrelz IT Solutions has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Wherrelz IT Solutions's Interest Coverage or its related term are showing as below:

BOM:543436' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


BOM:543436's Interest Coverage is ranked better than
98.74% of 1672 companies
in the Software industry
Industry Median: 26.095 vs BOM:543436: No Debt

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


Wherrelz IT Solutions Interest Coverage Historical Data

The historical data trend for Wherrelz IT Solutions'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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Wherrelz IT Solutions Interest Coverage Chart

Wherrelz IT Solutions Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt - No Debt No Debt

Wherrelz IT Solutions 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 - No Debt No Debt No Debt No Debt

Competitive Comparison of Wherrelz IT Solutions's Interest Coverage

For the Information Technology Services subindustry, Wherrelz IT Solutions'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.


Wherrelz IT Solutions's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Wherrelz IT Solutions's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Wherrelz IT Solutions's Interest Coverage falls into.


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Wherrelz IT Solutions 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.

Wherrelz IT Solutions'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, Wherrelz IT Solutions's Interest Expense was ₹0.0 Mil. Its Operating Income was ₹-89.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Wherrelz IT Solutions had no debt (1).

Wherrelz IT Solutions's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the six months ended in Mar. 2025, Wherrelz IT Solutions's Interest Expense was ₹0.0 Mil. Its Operating Income was ₹-92.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Wherrelz IT Solutions had no debt (1).

* 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.


Wherrelz IT Solutions  (BOM:543436) 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 .


Wherrelz IT Solutions Interest Coverage Related Terms

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Wherrelz IT Solutions Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 15, Road 10, Sector 1, New Panvel East, Raigarh, MH, IND, 410 206
Wherrelz IT Solutions Ltd is engaged in the business of web-centric, multi-spectrum IT Product development and maintenance and provision of IT Consultancy. The company provides a wide range of services such as Enterprise Risk Management, Enterprise Resource Planning, E-Commerce, Application programming interface, Cyber Security, Internet of Things, cloud-based tools and others through standard software development model or customized software development model depending upon the requirement of the clients.

Wherrelz IT Solutions Headlines

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