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Khazanchi Jewellers (BOM:543953) Interest Coverage : 20.05 (As of Mar. 2025)


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What is Khazanchi 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. Khazanchi Jewellers's Operating Income for the three months ended in Mar. 2025 was ₹193 Mil. Khazanchi Jewellers's Interest Expense for the three months ended in Mar. 2025 was ₹-10 Mil. Khazanchi Jewellers's interest coverage for the quarter that ended in Mar. 2025 was 20.05. The higher the ratio, the stronger the company's financial strength is.

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

BOM:543953' s Interest Coverage Range Over the Past 10 Years
Min: 1.45   Med: 2.69   Max: 17.16
Current: 17.16


BOM:543953's Interest Coverage is ranked better than
68.18% of 795 companies
in the Retail - Cyclical industry
Industry Median: 7.6 vs BOM:543953: 17.16

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


Khazanchi Jewellers Interest Coverage Historical Data

The historical data trend for Khazanchi 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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Khazanchi Jewellers Interest Coverage Chart

Khazanchi Jewellers Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial 2.95 1.76 2.42 8.49 17.16

Khazanchi Jewellers Quarterly Data
Mar20 Mar21 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 8.57 15.46 19.89 14.18 20.05

Competitive Comparison of Khazanchi Jewellers's Interest Coverage

For the Luxury Goods subindustry, Khazanchi 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.


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

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

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


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Khazanchi 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.

Khazanchi 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, Khazanchi Jewellers's Interest Expense was ₹-37 Mil. Its Operating Income was ₹640 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹256 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*639.807/-37.295
=17.16

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

Here, for the three months ended in Mar. 2025, Khazanchi Jewellers's Interest Expense was ₹-10 Mil. Its Operating Income was ₹193 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹256 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*193.115/-9.631
=20.05

* 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.


Khazanchi Jewellers  (BOM:543953) 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 .


Khazanchi Jewellers Interest Coverage Related Terms

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


Khazanchi Jewellers Business Description

Traded in Other Exchanges
N/A
Address
NSC Bose Road, No. 130, Sowcarpet, Chennai, TN, IND, 600 079
Khazanchi Jewellers Ltd is a prominent player in the Indian jewellry industry, with a presence in both the wholesale and retail sectors. The company in the production and sale of a wide range of jewellery products, including gold jewellery, diamond jewellery, precious stones, and other fancy jewellery and bullion in the form of coins and bars.

Khazanchi Jewellers Headlines

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