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Shashwat Furnishing Solutions (BOM:543519) Interest Coverage : 3.89 (As of Mar. 2025)


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What is Shashwat Furnishing 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. Shashwat Furnishing Solutions's Operating Income for the six months ended in Mar. 2025 was ₹3.85 Mil. Shashwat Furnishing Solutions's Interest Expense for the six months ended in Mar. 2025 was ₹-0.99 Mil. Shashwat Furnishing Solutions's interest coverage for the quarter that ended in Mar. 2025 was 3.89. The higher the ratio, the stronger the company's financial strength is.

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

BOM:543519' s Interest Coverage Range Over the Past 10 Years
Min: 3.17   Med: 190.58   Max: No Debt
Current: 3.17


BOM:543519's Interest Coverage is ranked worse than
73.07% of 323 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.67 vs BOM:543519: 3.17

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


Shashwat Furnishing Solutions Interest Coverage Historical Data

The historical data trend for Shashwat Furnishing 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.

* Premium members only.

Shashwat Furnishing Solutions Interest Coverage Chart

Shashwat Furnishing Solutions Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
No Debt 352.50 28.66 - 3.17

Shashwat Furnishing Solutions Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only 18.16 - - 2.33 3.89

Competitive Comparison of Shashwat Furnishing Solutions's Interest Coverage

For the Furnishings, Fixtures & Appliances subindustry, Shashwat Furnishing 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.


Shashwat Furnishing Solutions's Interest Coverage Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Shashwat Furnishing Solutions's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shashwat Furnishing Solutions's Interest Coverage falls into.


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Shashwat Furnishing 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.

Shashwat Furnishing 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, Shashwat Furnishing Solutions's Interest Expense was ₹-1.83 Mil. Its Operating Income was ₹5.81 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹6.97 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*5.806/-1.83
=3.17

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

Here, for the six months ended in Mar. 2025, Shashwat Furnishing Solutions's Interest Expense was ₹-0.99 Mil. Its Operating Income was ₹3.85 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹6.97 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*3.853/-0.991
=3.89

* 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.


Shashwat Furnishing Solutions  (BOM:543519) 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 .


Shashwat Furnishing Solutions Interest Coverage Related Terms

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


Shashwat Furnishing Solutions Business Description

Traded in Other Exchanges
N/A
Address
121, Mahaveer Nagar, K.N. Nagar, Jain Colony, Jodhpur, RJ, IND, 342001
Shashwat Furnishing Solutions Ltd is an Indian handicrafts manufacturer and supplier. It is engaged in the processing of semi-finished furniture products into finished products and manufacturing through job work of furniture and handicraft items. It specializes in developing a qualitative range of Industrial Furniture, Restaurant and Cafe Furniture, Garden and Outdoor Furniture Vintage Furniture, Mirror Frames, Wall clocks, and various other decoration and handicrafts objects.

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