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Ceigall India (BOM:544223) Interest Coverage : 3.02 (As of Mar. 2025)


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What is Ceigall India 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. Ceigall India's Operating Income for the three months ended in Mar. 2025 was ₹1,117 Mil. Ceigall India's Interest Expense for the three months ended in Mar. 2025 was ₹-370 Mil. Ceigall India's interest coverage for the quarter that ended in Mar. 2025 was 3.02. The higher the ratio, the stronger the company's financial strength is.

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

BOM:544223' s Interest Coverage Range Over the Past 10 Years
Min: 3.33   Med: 5.14   Max: 19.43
Current: 3.33


BOM:544223's Interest Coverage is ranked worse than
68.83% of 1325 companies
in the Construction industry
Industry Median: 7.24 vs BOM:544223: 3.33

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


Ceigall India Interest Coverage Historical Data

The historical data trend for Ceigall India'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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Ceigall India Interest Coverage Chart

Ceigall India Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Interest Coverage
19.43 5.36 4.91 3.44

Ceigall India Quarterly Data
Mar22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial 5.93 5.73 3.08 4.07 3.02

Competitive Comparison of Ceigall India's Interest Coverage

For the Engineering & Construction subindustry, Ceigall India'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.


Ceigall India's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ceigall India's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ceigall India's Interest Coverage falls into.


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Ceigall India 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.

Ceigall India'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, Ceigall India's Interest Expense was ₹-1,344 Mil. Its Operating Income was ₹4,627 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹8,515 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*4627.18/-1343.57
=3.44

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

Here, for the three months ended in Mar. 2025, Ceigall India's Interest Expense was ₹-370 Mil. Its Operating Income was ₹1,117 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹8,515 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*1117.44/-370.17
=3.02

* 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.


Ceigall India  (BOM:544223) 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 .


Ceigall India Interest Coverage Related Terms

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


Ceigall India Business Description

Traded in Other Exchanges
Address
National Highway-48, JMK Towers, 2nd Floor, Kapashera, Delhi, IND, 110 037
Ceigall India Ltd is an infrastructure construction company with experience in undertaking specialized structural work such as elevated roads, flyovers, bridges, railway over bridges, tunnels, highways, expressways, and runways. Currently, The company has 15 ongoing projects, including 11 EPC projects and four HAM projects which include elevated corridors, bridges, flyovers, rail overbridges, tunnels, expressways, runways, and multi-lane highways.

Ceigall India Headlines

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