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Koura Fine Diamond Jewelry (BOM:544139) Interest Coverage : 0.68 (As of Mar. 2025)


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What is Koura Fine Diamond Jewelry 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. Koura Fine Diamond Jewelry's Operating Income for the six months ended in Mar. 2025 was ₹1.5 Mil. Koura Fine Diamond Jewelry's Interest Expense for the six months ended in Mar. 2025 was ₹-2.2 Mil. Koura Fine Diamond Jewelry's interest coverage for the quarter that ended in Mar. 2025 was 0.68. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Koura Fine Diamond Jewelry's Interest Coverage or its related term are showing as below:


BOM:544139's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.6
* Ranked among companies with meaningful Interest Coverage only.

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


Koura Fine Diamond Jewelry Interest Coverage Historical Data

The historical data trend for Koura Fine Diamond Jewelry'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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Koura Fine Diamond Jewelry Interest Coverage Chart

Koura Fine Diamond Jewelry Annual Data
Trend Mar23 Mar24 Mar25
Interest Coverage
6.83 11.45 -

Koura Fine Diamond Jewelry Semi-Annual Data
Mar23 Sep23 Mar24 Sep24 Mar25
Interest Coverage No Debt 9.05 14.94 - 0.68

Competitive Comparison of Koura Fine Diamond Jewelry's Interest Coverage

For the Luxury Goods subindustry, Koura Fine Diamond Jewelry'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.


Koura Fine Diamond Jewelry's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Koura Fine Diamond Jewelry's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Koura Fine Diamond Jewelry's Interest Coverage falls into.


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Koura Fine Diamond Jewelry 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.

Koura Fine Diamond Jewelry'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, Koura Fine Diamond Jewelry's Interest Expense was ₹-2.6 Mil. Its Operating Income was ₹-0.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Koura Fine Diamond Jewelry did not have earnings to cover the interest expense.

Koura Fine Diamond Jewelry's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the six months ended in Mar. 2025, Koura Fine Diamond Jewelry's Interest Expense was ₹-2.2 Mil. Its Operating Income was ₹1.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*1.466/-2.17
=0.68

* 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.


Koura Fine Diamond Jewelry  (BOM:544139) 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 .


Koura Fine Diamond Jewelry Interest Coverage Related Terms

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


Koura Fine Diamond Jewelry Business Description

Traded in Other Exchanges
N/A
Address
Near Jodhpur Cross Road, 304, Iscon Emporio, Beside Star India Bazar, Satellite, Ahmedabad, GJ, IND, 380015
Koura Fine Diamond Jewelry Ltd is engaged into the wholesale business of gold and diamonds jewelleries. The company sells a wide range of jewellery products, including gold jewellery and diamond jewellery, and has two types of jewellery; one is in 22 Karat Gold jewellery and another one is in 18 Karat Diamond jewellery.

Koura Fine Diamond Jewelry Headlines

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