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Insolation Energy (BOM:543620) Interest Coverage : 15.89 (As of Mar. 2025)


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What is Insolation Energy 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. Insolation Energy's Operating Income for the six months ended in Mar. 2025 was ₹759 Mil. Insolation Energy's Interest Expense for the six months ended in Mar. 2025 was ₹-48 Mil. Insolation Energy's interest coverage for the quarter that ended in Mar. 2025 was 15.89. The higher the ratio, the stronger the company's financial strength is.

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

BOM:543620' s Interest Coverage Range Over the Past 10 Years
Min: 5.51   Med: 6.82   Max: 20.75
Current: 20.75


BOM:543620's Interest Coverage is ranked better than
51.16% of 604 companies
in the Semiconductors industry
Industry Median: 20 vs BOM:543620: 20.75

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


Insolation Energy Interest Coverage Historical Data

The historical data trend for Insolation Energy'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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Insolation Energy Interest Coverage Chart

Insolation Energy Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial 8.15 5.86 5.51 7.63 20.75

Insolation Energy Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only 5.80 5.69 9.27 29.88 15.89

Competitive Comparison of Insolation Energy's Interest Coverage

For the Solar subindustry, Insolation Energy'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.


Insolation Energy's Interest Coverage Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Insolation Energy's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Insolation Energy's Interest Coverage falls into.


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Insolation Energy 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.

Insolation Energy'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, Insolation Energy's Interest Expense was ₹-73 Mil. Its Operating Income was ₹1,519 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹115 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*1518.93/-73.2
=20.75

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

Here, for the six months ended in Mar. 2025, Insolation Energy's Interest Expense was ₹-48 Mil. Its Operating Income was ₹759 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹115 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*758.722/-47.762
=15.89

* 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.


Insolation Energy  (BOM:543620) 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 .


Insolation Energy Interest Coverage Related Terms

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


Insolation Energy Business Description

Traded in Other Exchanges
N/A
Address
New Aatish Market Extension, Gopalpura Bypass, C-02, Fluidcon House, Behind Inox Cinema Hall, Jaipur, RJ, IND, 302020
Insolation Energy Ltd is an India-based company engaged in manufacturing solar panels under the brand name INA. The products of the company include Solar Module, Solar PCU, Solar Battery, and Solar Charge Controller.

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