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Stanley Lifestyles (BOM:544202) Interest Coverage : 1.70 (As of Sep. 2024)


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What is Stanley Lifestyles 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. Stanley Lifestyles's Operating Income for the three months ended in Sep. 2024 was ₹78 Mil. Stanley Lifestyles's Interest Expense for the three months ended in Sep. 2024 was ₹-46 Mil. Stanley Lifestyles's interest coverage for the quarter that ended in Sep. 2024 was 1.70. The higher the ratio, the stronger the company's financial strength is.

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

BOM:544202' s Interest Coverage Range Over the Past 10 Years
Min: 1.6   Med: 3.65   Max: 3.93
Current: 3.93


BOM:544202's Interest Coverage is ranked worse than
69.62% of 316 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.89 vs BOM:544202: 3.93

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


Stanley Lifestyles Interest Coverage Historical Data

The historical data trend for Stanley Lifestyles'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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Stanley Lifestyles Interest Coverage Chart

Stanley Lifestyles Annual Data
Trend Mar21 Mar22 Mar23
Interest Coverage
1.60 3.65 3.93

Stanley Lifestyles Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
Interest Coverage Get a 7-Day Free Trial 1.61 2.42 3.09 1.77 1.70

Competitive Comparison of Stanley Lifestyles's Interest Coverage

For the Furnishings, Fixtures & Appliances subindustry, Stanley Lifestyles'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.


Stanley Lifestyles's Interest Coverage Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Stanley Lifestyles's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Stanley Lifestyles's Interest Coverage falls into.



Stanley Lifestyles 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.

Stanley Lifestyles's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, Stanley Lifestyles's Interest Expense was ₹-143 Mil. Its Operating Income was ₹560 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,253 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2023 )/Interest Expense (A: Mar. 2023 )
=-1*560.46/-142.5
=3.93

Stanley Lifestyles's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Stanley Lifestyles's Interest Expense was ₹-46 Mil. Its Operating Income was ₹78 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,603 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*78/-46
=1.70

* 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.


Stanley Lifestyles  (BOM:544202) 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 .


Stanley Lifestyles Interest Coverage Related Terms

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


Stanley Lifestyles Business Description

Comparable Companies
Traded in Other Exchanges
Address
Hosur Road, SY No. 16/2 and 16/3 Part, Veerasandra Village, Attibele Hobli, Anekal Taluk, Bengaluru, KA, IND, 560 100
Stanley Lifestyles Ltd designs and manufactures super-premium, luxury, and ultra-luxury furniture and sells it through its brand Stanley. The company designs, manufactures, and retails its products through its own network of pan-India stores. The Company has a single business segment namely, the business of manufacturing and trading of furniture and leather products.

Stanley Lifestyles Headlines

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