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Bajaj Housing Finance (BOM:544252) Interest Coverage : N/A (As of Mar. 2025)


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What is Bajaj Housing Finance 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. Bajaj Housing Finance's Operating Income for the three months ended in Mar. 2025 was ₹7,222 Mil. Bajaj Housing Finance's Interest Expense for the three months ended in Mar. 2025 was ₹0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Bajaj Housing Finance's Interest Coverage or its related term are showing as below:

BOM:544252' s Interest Coverage Range Over the Past 10 Years
Min: 433.68   Med: 594.54   Max: 3471.47
Current: 3471.47


BOM:544252's Interest Coverage is ranked better than
65% of 20 companies
in the Banks industry
Industry Median: 69.545 vs BOM:544252: 3471.47

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


Bajaj Housing Finance Interest Coverage Historical Data

The historical data trend for Bajaj Housing Finance'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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Bajaj Housing Finance Interest Coverage Chart

Bajaj Housing Finance Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Interest Coverage
433.68 594.54 720.21 N/A

Bajaj Housing Finance Quarterly Data
Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A 712.83 N/A No Debt N/A

Competitive Comparison of Bajaj Housing Finance's Interest Coverage

For the Mortgage Finance subindustry, Bajaj Housing Finance'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.


Bajaj Housing Finance's Interest Coverage Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bajaj Housing Finance's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bajaj Housing Finance's Interest Coverage falls into.


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Bajaj Housing Finance 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.

Bajaj Housing Finance'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, Bajaj Housing Finance's Interest Expense was ₹0 Mil. Its Operating Income was ₹26,857 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹820,343 Mil.

GuruFocus does not calculate Bajaj Housing Finance's interest coverage with the available data.

Bajaj Housing Finance's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Bajaj Housing Finance's Interest Expense was ₹0 Mil. Its Operating Income was ₹7,222 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹820,343 Mil.

GuruFocus does not calculate Bajaj Housing Finance's interest coverage with the available data.

* 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.


Bajaj Housing Finance  (BOM:544252) 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 .


Bajaj Housing Finance Interest Coverage Related Terms

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


Bajaj Housing Finance Business Description

Traded in Other Exchanges
Address
Kalyani Nagar, 5th Floor, B2 Building, Cerebrum IT Park, Kumar City, Pune, MH, IND, 411014
Bajaj Housing Finance Ltd is a non-deposit-taking Housing Finance Company. The company offers financial solutions tailored to individuals and corporate entities for the purchase and renovation of homes and commercial spaces. The mortgage product suite of the company is comprehensive and comprises home loans, loans against property (LAP), lease rental discounting, and developer financing. The company's emphasis is on individual retail housing loans, complemented by a diversified collection of lease rental discounting and developer loans.

Bajaj Housing Finance Headlines

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