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Titas Gas Transmission and Distribution (DHA:TITASGAS) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Titas Gas Transmission and Distribution 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. Titas Gas Transmission and Distribution's Operating Income for the three months ended in Mar. 2025 was BDT-1,506 Mil. Titas Gas Transmission and Distribution's Interest Expense for the three months ended in Mar. 2025 was BDT-2 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Titas Gas Transmission and Distribution's Interest Coverage or its related term are showing as below:


DHA:TITASGAS's Interest Coverage is not ranked *
in the Utilities - Regulated industry.
Industry Median: 3.65
* Ranked among companies with meaningful Interest Coverage only.

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


Titas Gas Transmission and Distribution Interest Coverage Historical Data

The historical data trend for Titas Gas Transmission and Distribution'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.

* Premium members only.

Titas Gas Transmission and Distribution Interest Coverage Chart

Titas Gas Transmission and Distribution Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.58 45.07 132.09 - -

Titas Gas Transmission and Distribution Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 587.84 - - -

Competitive Comparison of Titas Gas Transmission and Distribution's Interest Coverage

For the Utilities - Regulated Gas subindustry, Titas Gas Transmission and Distribution'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.


Titas Gas Transmission and Distribution's Interest Coverage Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Titas Gas Transmission and Distribution's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Titas Gas Transmission and Distribution's Interest Coverage falls into.


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Titas Gas Transmission and Distribution 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.

Titas Gas Transmission and Distribution's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, Titas Gas Transmission and Distribution's Interest Expense was BDT-47 Mil. Its Operating Income was BDT-2,516 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT4,790 Mil.

Titas Gas Transmission and Distribution did not have earnings to cover the interest expense.

Titas Gas Transmission and Distribution's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Titas Gas Transmission and Distribution's Interest Expense was BDT-2 Mil. Its Operating Income was BDT-1,506 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT4,790 Mil.

Titas Gas Transmission and Distribution did not have earnings to cover the interest expense.

* 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.


Titas Gas Transmission and Distribution  (DHA:TITASGAS) 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 .


Titas Gas Transmission and Distribution Interest Coverage Related Terms

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


Titas Gas Transmission and Distribution Business Description

Traded in Other Exchanges
N/A
Address
105, Kazi Nazrul Islam Avenue, 2nd Floor, Titas Gas Bhaban, Kawran Bazar Commerial Area, Dhaka, BGD, 1215
Titas Gas Transmission and Distribution PLC is principally engaged in the business of natural gas distribution. It operates through the segments that are distributed the same to the consumers in power, fertilizer, industrial, captive power, Feed Gas for CNG, Domestic Metered, Domestic Non-Domestic, and commercial.

Titas Gas Transmission and Distribution Headlines

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