Neopolitan Pizza and Foods (BOM:544269) Interest Coverage : 75.64 (As of Mar. 2024)

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What is Neopolitan Pizza and Foods 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. Neopolitan Pizza and Foods's Operating Income for the six months ended in Mar. 2024 was ₹28.7 Mil. Neopolitan Pizza and Foods's Interest Expense for the six months ended in Mar. 2024 was ₹-0.4 Mil. Neopolitan Pizza and Foods's interest coverage for the quarter that ended in Mar. 2024 was 75.64. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Neopolitan Pizza and Foods's Interest Coverage or its related term are showing as below:

BOM:544269' s Interest Coverage Range Over the Past 10 Years
Min: 2.73 Med: 6.17 Max: 75.64
Current: 75.64

BOM:544269's Interest Coverage is ranked better than
81.18% of 1472 companies
in the Consumer Packaged Goods industry
Industry Median: 8.76 vs BOM:544269: 75.64

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

Neopolitan Pizza and Foods Interest Coverage Historical Data

The historical data trend for Neopolitan Pizza and Foods'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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Neopolitan Pizza and Foods Interest Coverage Chart

Neopolitan Pizza and Foods Annual Data

Trend

Mar22

Mar23

Mar24

Interest Coverage

2.73

6.17

75.64

Neopolitan Pizza and Foods Semi-Annual Data
	Mar22	Mar23	Mar24
Interest Coverage	2.73	6.17	75.64

Competitive Comparison of Neopolitan Pizza and Foods's Interest Coverage

For the Farm Products subindustry, Neopolitan Pizza and Foods'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.

Neopolitan Pizza and Foods's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Neopolitan Pizza and Foods's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Neopolitan Pizza and Foods's Interest Coverage falls into.

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Neopolitan Pizza and Foods 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.

Neopolitan Pizza and Foods's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, Neopolitan Pizza and Foods's Interest Expense was ₹-0.4 Mil. Its Operating Income was ₹28.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹5.9 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2024 )	/	Interest Expense (A: Mar. 2024 )
	=	-1	*	28.669	/	-0.379
	=	75.64

Neopolitan Pizza and Foods's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the six months ended in Mar. 2024, Neopolitan Pizza and Foods's Interest Expense was ₹-0.4 Mil. Its Operating Income was ₹28.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹5.9 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	28.669	/	-0.379
	=	75.64

The higher the ratio, the stronger the company's Financial Strength is.

Neopolitan Pizza and Foods (BOM:544269) 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 .

Neopolitan Pizza and Foods Interest Coverage Related Terms

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

Neopolitan Pizza and Foods Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Neopolitan Pizza and Foods Ltd (BOM:544269) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vasna Bhayli Road, 434 & 435, SWC Hub, Opposite Rajpath Complex, Vadodara, GJ, IND, 391410

Website

https://www.neopolitanpizza.in

Neopolitan Pizza and Foods Ltd operates in two segments: the restaurant business and the trading of agricultural commodities. In the restaurant business, the company owns and operates its restaurants and operates through a franchise model. The company offers Neopolitan-style pizza, which is a traditional Italian pizza made with fresh ingredients. The menu includes a variety of toppings, and the company offers gluten-free and vegetarian options. In trading of agricultural commodities, the company trades Cereals, Pulses & Grains & Fruits and Vegetables. It generates the majority of revenue from the Trading of Agricultural Commodities segment.

Neopolitan Pizza and Foods Headlines

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