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Associated Coaters (BOM:544183) Interest Coverage : 11,776.00 (As of Mar. 2025)


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What is Associated Coaters 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. Associated Coaters's Operating Income for the six months ended in Mar. 2025 was ₹11.78 Mil. Associated Coaters's Interest Expense for the six months ended in Mar. 2025 was ₹-0.00 Mil. Associated Coaters's interest coverage for the quarter that ended in Mar. 2025 was 11,776.00. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Associated Coaters Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

BOM:544183' s Interest Coverage Range Over the Past 10 Years
Min: 136.87   Med: 250.57   Max: 1853
Current: 314.07


BOM:544183's Interest Coverage is ranked better than
85.71% of 791 companies
in the Business Services industry
Industry Median: 13.32 vs BOM:544183: 314.07

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


Associated Coaters Interest Coverage Historical Data

The historical data trend for Associated Coaters'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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Associated Coaters Interest Coverage Chart

Associated Coaters Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
N/A 1,853.00 136.87 181.13 320.00

Associated Coaters Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Sep24 Mar25
Interest Coverage Get a 7-Day Free Trial N/A N/A 409.36 97.81 11,776.00

Competitive Comparison of Associated Coaters's Interest Coverage

For the Specialty Business Services subindustry, Associated Coaters'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.


Associated Coaters's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Associated Coaters's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Associated Coaters's Interest Coverage falls into.


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Associated Coaters 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.

Associated Coaters'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, Associated Coaters's Interest Expense was ₹-0.05 Mil. Its Operating Income was ₹16.96 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.99 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*16.96/-0.053
=320.00

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

Here, for the six months ended in Mar. 2025, Associated Coaters's Interest Expense was ₹-0.00 Mil. Its Operating Income was ₹11.78 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.99 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*11.776/-0.001
=11,776.00

* 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.


Associated Coaters  (BOM:544183) 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 .


Associated Coaters Interest Coverage Related Terms

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


Associated Coaters Business Description

Traded in Other Exchanges
N/A
Address
Ashuti Khanberia Maheshtala LP 20/83/46, Vivekanandapur, South 24 Parganas, Thakurpukur Mahestola, Kolkata, WB, IND, 700141
Associated Coaters Ltd is engaged in the business of providing services by way of pre-treatment and powder coating of aluminium extrusions in the Architect and Real Estate Industry.

Associated Coaters Headlines

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