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Eighty Jewellers (BOM:543518) Interest Coverage : 1.62 (As of Mar. 2025)


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What is Eighty Jewellers 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. Eighty Jewellers's Operating Income for the six months ended in Mar. 2025 was ₹20 Mil. Eighty Jewellers's Interest Expense for the six months ended in Mar. 2025 was ₹-12 Mil. Eighty Jewellers's interest coverage for the quarter that ended in Mar. 2025 was 1.62. The higher the ratio, the stronger the company's financial strength is.

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

BOM:543518' s Interest Coverage Range Over the Past 10 Years
Min: 1.89   Med: 2.72   Max: 4.38
Current: 2.34


BOM:543518's Interest Coverage is ranked worse than
77.42% of 797 companies
in the Retail - Cyclical industry
Industry Median: 7.72 vs BOM:543518: 2.34

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


Eighty Jewellers Interest Coverage Historical Data

The historical data trend for Eighty Jewellers'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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Eighty Jewellers Interest Coverage Chart

Eighty Jewellers Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial 4.38 3.29 2.72 2.99 2.34

Eighty Jewellers 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 2.35 2.41 3.75 3.75 1.62

Competitive Comparison of Eighty Jewellers's Interest Coverage

For the Luxury Goods subindustry, Eighty Jewellers'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.


Eighty Jewellers's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Eighty Jewellers's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Eighty Jewellers's Interest Coverage falls into.


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Eighty Jewellers 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.

Eighty Jewellers'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, Eighty Jewellers's Interest Expense was ₹-19 Mil. Its Operating Income was ₹44 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*43.537/-18.577
=2.34

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

Here, for the six months ended in Mar. 2025, Eighty Jewellers's Interest Expense was ₹-12 Mil. Its Operating Income was ₹20 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*19.826/-12.252
=1.62

* 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.


Eighty Jewellers  (BOM:543518) 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 .


Eighty Jewellers Interest Coverage Related Terms

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


Eighty Jewellers Business Description

Traded in Other Exchanges
N/A
Address
A.T Palace, Kotwali Chowk, Sadar Bazar, Raipur, CT, IND, 492001
Eighty Jewellers Ltd is engaged in the trading of various jewellery, ornaments, watches and luxury articles made out of gold, silver, diamonds and platinum under the brand name of Anopchand Tilokchand Jewellers.

Eighty Jewellers Headlines

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