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Ekennis Software Service (BOM:543475) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Ekennis Software Service 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. Ekennis Software Service's Operating Income for the six months ended in Mar. 2025 was ₹-3.05 Mil. Ekennis Software Service's Interest Expense for the six months ended in Mar. 2025 was ₹-2.62 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 Ekennis Software Service's Interest Coverage or its related term are showing as below:


BOM:543475's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 26.06
* 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.


Ekennis Software Service Interest Coverage Historical Data

The historical data trend for Ekennis Software Service'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.

Ekennis Software Service Interest Coverage Chart

Ekennis Software Service Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial 43.58 64.66 38.55 - -

Ekennis Software Service Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only - 21.93 - N/A -

Competitive Comparison of Ekennis Software Service's Interest Coverage

For the Information Technology Services subindustry, Ekennis Software Service'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.


Ekennis Software Service's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, Ekennis Software Service's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ekennis Software Service's Interest Coverage falls into.


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Ekennis Software Service 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.

Ekennis Software Service'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, Ekennis Software Service's Interest Expense was ₹-2.62 Mil. Its Operating Income was ₹-13.21 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹27.39 Mil.

Ekennis Software Service did not have earnings to cover the interest expense.

Ekennis Software Service's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the six months ended in Mar. 2025, Ekennis Software Service's Interest Expense was ₹-2.62 Mil. Its Operating Income was ₹-3.05 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹27.39 Mil.

Ekennis Software Service 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.


Ekennis Software Service  (BOM:543475) 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 .


Ekennis Software Service Interest Coverage Related Terms

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


Ekennis Software Service Business Description

Traded in Other Exchanges
N/A
Address
No. 1&2 Second Floor, Neeladri Circle, Electronic City Phase-1, Dodathogur Village, Bangalore, KA, IND, 560100
Ekennis Software Service Ltd operates in the Information technology and Printing Industry. The company is into delivering IT software training and consultancy services, alongside its printing, designing, and packaging business operated under the brand name MyPerfectPack. The company has two business segments Manpower Supply Services and Printing & Packaging. The company generates the majority of its revenue from Manpower Supply Services.

Ekennis Software Service Headlines

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