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Trident Lifeline (BOM:543616) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Trident Lifeline 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. Trident Lifeline's Operating Income for the three months ended in Mar. 2025 was ₹-2.9 Mil. Trident Lifeline's Interest Expense for the three months ended in Mar. 2025 was ₹-24.9 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 Trident Lifeline's Interest Coverage or its related term are showing as below:

BOM:543616' s Interest Coverage Range Over the Past 10 Years
Min: 2.24   Med: 11.95   Max: 38.02
Current: 2.24


BOM:543616's Interest Coverage is ranked worse than
78.74% of 428 companies
in the Healthcare Providers & Services industry
Industry Median: 8.09 vs BOM:543616: 2.24

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


Trident Lifeline Interest Coverage Historical Data

The historical data trend for Trident Lifeline'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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Trident Lifeline Interest Coverage Chart

Trident Lifeline Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial 2.79 38.02 16.72 11.95 2.35

Trident Lifeline Quarterly Data
Mar20 Mar21 Dec21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.34 3.96 7.83 6.29 -

Competitive Comparison of Trident Lifeline's Interest Coverage

For the Pharmaceutical Retailers subindustry, Trident Lifeline'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.


Trident Lifeline's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Trident Lifeline's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Trident Lifeline's Interest Coverage falls into.


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Trident Lifeline 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.

Trident Lifeline'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, Trident Lifeline's Interest Expense was ₹-39.9 Mil. Its Operating Income was ₹93.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹322.7 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*93.689/-39.852
=2.35

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

Here, for the three months ended in Mar. 2025, Trident Lifeline's Interest Expense was ₹-24.9 Mil. Its Operating Income was ₹-2.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹322.7 Mil.

Trident Lifeline 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.


Trident Lifeline  (BOM:543616) 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 .


Trident Lifeline Interest Coverage Related Terms

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


Trident Lifeline Business Description

Traded in Other Exchanges
N/A
Address
North Extension, Falsawadi Begumpura, 2nd Floor, Shop-2004, Nodh-4/1650, Sahara Darwaja, Surat, GJ, IND, 395003
Trident Lifeline Ltd is engaged in the marketing of pharmaceutical products in domestic as well as international market. The company is also engaged in distribution of pharmaceutical products through third-party distribution network. It also offers a wide range of pharmaceutical formulations and products manufactured on contract manufacturing under a loan license. The Company's reportable geographical segments include India, Ghana, Kenya, Peru, Cameroon, Venezuela, and the Rest of World.

Trident Lifeline Headlines

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