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KRN Heat Exchanger and Refrigeration (BOM:544263) Interest Coverage : 19.25 (As of Mar. 2025)


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What is KRN Heat Exchanger and Refrigeration 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. KRN Heat Exchanger and Refrigeration's Operating Income for the three months ended in Mar. 2025 was ₹177 Mil. KRN Heat Exchanger and Refrigeration's Interest Expense for the three months ended in Mar. 2025 was ₹-9 Mil. KRN Heat Exchanger and Refrigeration's interest coverage for the quarter that ended in Mar. 2025 was 19.25. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for KRN Heat Exchanger and Refrigeration's Interest Coverage or its related term are showing as below:

BOM:544263' s Interest Coverage Range Over the Past 10 Years
Min: 3.86   Med: 13.66   Max: 24.95
Current: 24.95


BOM:544263's Interest Coverage is ranked better than
61.74% of 1602 companies
in the Hardware industry
Industry Median: 13.105 vs BOM:544263: 24.95

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


KRN Heat Exchanger and Refrigeration Interest Coverage Historical Data

The historical data trend for KRN Heat Exchanger and Refrigeration'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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KRN Heat Exchanger and Refrigeration Interest Coverage Chart

KRN Heat Exchanger and Refrigeration Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
3.86 12.93 19.96 13.66 19.31

KRN Heat Exchanger and Refrigeration Quarterly Data
Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial N/A 11.23 16.47 38.89 19.25

Competitive Comparison of KRN Heat Exchanger and Refrigeration's Interest Coverage

For the Electronic Components subindustry, KRN Heat Exchanger and Refrigeration'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.


KRN Heat Exchanger and Refrigeration's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, KRN Heat Exchanger and Refrigeration's Interest Coverage distribution charts can be found below:

* The bar in red indicates where KRN Heat Exchanger and Refrigeration's Interest Coverage falls into.


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KRN Heat Exchanger and Refrigeration 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.

KRN Heat Exchanger and Refrigeration'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, KRN Heat Exchanger and Refrigeration's Interest Expense was ₹-34 Mil. Its Operating Income was ₹659 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹14 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*658.766/-34.121
=19.31

KRN Heat Exchanger and Refrigeration's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, KRN Heat Exchanger and Refrigeration's Interest Expense was ₹-9 Mil. Its Operating Income was ₹177 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹14 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*177.107/-9.201
=19.25

* 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.


KRN Heat Exchanger and Refrigeration  (BOM:544263) 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 .


KRN Heat Exchanger and Refrigeration Interest Coverage Related Terms

Thank you for viewing the detailed overview of KRN Heat Exchanger and Refrigeration's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


KRN Heat Exchanger and Refrigeration Business Description

Traded in Other Exchanges
Address
Plot No. F-46,47,48,49, EPIP, RIICO Industrial Area, Neemrana, Alwar, RJ, IND, 301705
KRN Heat Exchanger and Refrigeration Ltd manufacture fin and tube-type heat exchangers for the Heat Ventilation Air Conditioning and Refrigeration Industry. Heat exchangers manufactured by the company are made of non-ferrous metals, Copper and Aluminium. Its product range includes condenser coils, evaporator units, evaporator coils, header/copper parts, fluid and steam coils and sheet metal parts. The diameter of the heat exchanger tubes it produces ranges from 5MM to 15.88 MM. The company's products are well suited for a wide range of air conditioning, heating and ventilation, refrigeration and process cooling applications.

KRN Heat Exchanger and Refrigeration Headlines

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