TGIF Agribusiness (BOM:544175) Interest Coverage : 156.55 (As of Mar. 2025)

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What is TGIF Agribusiness 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. TGIF Agribusiness's Operating Income for the six months ended in Mar. 2025 was ₹5.95 Mil. TGIF Agribusiness's Interest Expense for the six months ended in Mar. 2025 was ₹-0.04 Mil. TGIF Agribusiness's interest coverage for the quarter that ended in Mar. 2025 was 156.55. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

TGIF Agribusiness Ltd has no debt.

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

BOM:544175' s Interest Coverage Range Over the Past 10 Years
Min: 396.28 Med: 1200.67 Max: 12800
Current: 396.28

BOM:544175's Interest Coverage is ranked better than
91.73% of 1476 companies
in the Consumer Packaged Goods industry
Industry Median: 8.4 vs BOM:544175: 396.28

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

TGIF Agribusiness Interest Coverage Historical Data

The historical data trend for TGIF Agribusiness'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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TGIF Agribusiness Interest Coverage Chart

TGIF Agribusiness Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Mar25

Interest Coverage

1,200.67

1,873.00

12,800.00

608.30

396.28

TGIF Agribusiness Semi-Annual Data
	Mar21	Mar22	Mar23	Sep24	Mar25
Interest Coverage	No Debt	No Debt	No Debt	4,951.00	156.55

Competitive Comparison of TGIF Agribusiness's Interest Coverage

For the Farm Products subindustry, TGIF Agribusiness'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.

TGIF Agribusiness's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, TGIF Agribusiness's Interest Coverage distribution charts can be found below:

* The bar in red indicates where TGIF Agribusiness's Interest Coverage falls into.

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TGIF Agribusiness 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.

TGIF Agribusiness'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, TGIF Agribusiness's Interest Expense was ₹-0.04 Mil. Its Operating Income was ₹15.85 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2025 )	/	Interest Expense (A: Mar. 2025 )
	=	-1	*	15.851	/	-0.04
	=	396.28

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

Here, for the six months ended in Mar. 2025, TGIF Agribusiness's Interest Expense was ₹-0.04 Mil. Its Operating Income was ₹5.95 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	5.949	/	-0.038
	=	156.55

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

TGIF Agribusiness (BOM:544175) 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 .

TGIF Agribusiness Interest Coverage Related Terms

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

TGIF Agribusiness Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » TGIF Agribusiness Ltd (BOM:544175) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

A/52, Fairy Society, 5th Floor, Corporate House, Bodakdev, Ahmedabad, GJ, IND, 380054

Website

https://www.tgifagri.com

TGIF Agribusiness Ltd is majorly a horticulture company engaged in open farming of certain fruits and vegetables. It is engaged in the farming of pomegranate and also engaged in the farming and cultivation of dragon fruits and Sagwan trees.

TGIF Agribusiness Headlines

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