Rudra Gas Enterprise (BOM:544121) Interest Coverage : 4.23 (As of Mar. 2025)

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What is Rudra Gas Enterprise 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. Rudra Gas Enterprise's Operating Income for the six months ended in Mar. 2025 was ₹67 Mil. Rudra Gas Enterprise's Interest Expense for the six months ended in Mar. 2025 was ₹-16 Mil. Rudra Gas Enterprise's interest coverage for the quarter that ended in Mar. 2025 was 4.23. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Rudra Gas Enterprise's Interest Coverage or its related term are showing as below:

BOM:544121' s Interest Coverage Range Over the Past 10 Years
Min: 3.28 Med: 3.73 Max: 4.39
Current: 3.73

BOM:544121's Interest Coverage is ranked worse than
66.79% of 1325 companies
in the Construction industry
Industry Median: 7.24 vs BOM:544121: 3.73

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

Rudra Gas Enterprise Interest Coverage Historical Data

The historical data trend for Rudra Gas Enterprise'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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Rudra Gas Enterprise Interest Coverage Chart

Rudra Gas Enterprise Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Mar25

Interest Coverage

3.91

3.58

4.39

3.28

3.73

Rudra Gas Enterprise Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24	Sep24	Mar25
Interest Coverage	Get a 7-Day Free Trial			N/A	3.66	2.96	3.17	4.23

Competitive Comparison of Rudra Gas Enterprise's Interest Coverage

For the Engineering & Construction subindustry, Rudra Gas Enterprise'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.

Rudra Gas Enterprise's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Rudra Gas Enterprise's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Rudra Gas Enterprise's Interest Coverage falls into.

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Rudra Gas Enterprise 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.

Rudra Gas Enterprise'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, Rudra Gas Enterprise's Interest Expense was ₹-30 Mil. Its Operating Income was ₹113 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹51 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2025 )	/	Interest Expense (A: Mar. 2025 )
	=	-1	*	113.433	/	-30.44
	=	3.73

Rudra Gas Enterprise's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the six months ended in Mar. 2025, Rudra Gas Enterprise's Interest Expense was ₹-16 Mil. Its Operating Income was ₹67 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹51 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	67.441	/	-15.94
	=	4.23

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

Rudra Gas Enterprise (BOM:544121) 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 .

Rudra Gas Enterprise Interest Coverage Related Terms

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

Rudra Gas Enterprise Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rudra Gas Enterprise Ltd (BOM:544121) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Science City Road, B-702, The Capital Building, Opposite Hetarth Party Plot, Sola, Ahmedabad, GJ, IND, 380060

Website

https://www.rudragasenterprise.com

Rudra Gas Enterprise Ltd is engaged in various facets of the infrastructure sector. It is mainly engaged in gas distribution network projects, fiber cable networks, and renting of construction machinery and vehicles, and provides end-to-end solutions for the city gas distribution sector. City gas distribution business comprises of laying of pipelines for the distribution of the city gas network and construction of associated facilities like CNG (Compressed Natural Gas) stations, erection, installation, testing, and commissioning of the underground pipelines, maintenance, and repair facilities and cater domestic household use; commercial use such as manufacturing industry, power generation, hotels, hospitals, restaurant and offices; and transport sector use in vehicles.

Rudra Gas Enterprise Headlines

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