Comrade Appliances (BOM:543921) Interest Coverage : 4.45 (As of Mar. 2025)

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What is Comrade Appliances 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. Comrade Appliances's Operating Income for the six months ended in Mar. 2025 was ₹47.6 Mil. Comrade Appliances's Interest Expense for the six months ended in Mar. 2025 was ₹-10.7 Mil. Comrade Appliances's interest coverage for the quarter that ended in Mar. 2025 was 4.45. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Comrade Appliances Ltd interest coverage is 1.37, which is low.

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

BOM:543921' s Interest Coverage Range Over the Past 10 Years
Min: 1.37 Med: 1.43 Max: 3.12
Current: 1.37

BOM:543921's Interest Coverage is ranked worse than
88.51% of 322 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.355 vs BOM:543921: 1.37

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

Comrade Appliances Interest Coverage Historical Data

The historical data trend for Comrade Appliances'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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Comrade Appliances Interest Coverage Chart

Comrade Appliances Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Interest Coverage

Get a 7-Day Free Trial

1.39

3.12

1.46

1.37

Comrade Appliances Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25
Interest Coverage	Get a 7-Day Free Trial				-	-	7.51	-	4.45

Competitive Comparison of Comrade Appliances's Interest Coverage

For the Furnishings, Fixtures & Appliances subindustry, Comrade Appliances'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.

Comrade Appliances's Interest Coverage Distribution in the Furnishings, Fixtures & Appliances Industry

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

* The bar in red indicates where Comrade Appliances's Interest Coverage falls into.

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Comrade Appliances 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.

Comrade Appliances'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, Comrade Appliances's Interest Expense was ₹-19.3 Mil. Its Operating Income was ₹26.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹117.3 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2025 )	/	Interest Expense (A: Mar. 2025 )
	=	-1	*	26.504	/	-19.325
	=	1.37

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

Here, for the six months ended in Mar. 2025, Comrade Appliances's Interest Expense was ₹-10.7 Mil. Its Operating Income was ₹47.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹117.3 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	47.607	/	-10.709
	=	4.45

The higher the ratio, the stronger the company's Financial Strength is.

Comrade Appliances (BOM:543921) 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 .

Comrade Appliances Interest Coverage Related Terms

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

Comrade Appliances Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Comrade Appliances Ltd (BOM:543921) » Definitions » Interest Coverage

Traded in Other Exchanges

N/A

Address

183-186, S.V. Road, Shop No. 39, Ground Level I, Dewan Centre, Jogeshwari West, Mumbai, MH, IND, 400102

Website

https://www.comrade.net.in

Comrade Appliances Ltd is engaged in the process of manufacturing an extensive array of Air Coolers and Electric Geysers. The company manufactures consumer durable goods assembles a wide Varieties of products and provides end-to-end product solutions. It serves under both original equipment manufacturer (OEM) and original design manufacturer (ODM) business models. The Company has only one reportable Business Segment, which is the manufacturing of Electrical Machinery and Apparatus. The Company operates in one Geographical Segment namely within India.

Comrade Appliances Headlines

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