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Agriauto Industries (KAR:AGIL) Interest Coverage : 4.31 (As of Mar. 2025)


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What is Agriauto Industries 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. Agriauto Industries's Operating Income for the three months ended in Mar. 2025 was ₨160 Mil. Agriauto Industries's Interest Expense for the three months ended in Mar. 2025 was ₨-37 Mil. Agriauto Industries's interest coverage for the quarter that ended in Mar. 2025 was 4.31. The higher the ratio, the stronger the company's financial strength is.

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

KAR:AGIL' s Interest Coverage Range Over the Past 10 Years
Min: 0.13   Med: 775.28   Max: 20718.25
Current: 0.72


KAR:AGIL's Interest Coverage is ranked worse than
94.82% of 1042 companies
in the Vehicles & Parts industry
Industry Median: 8.055 vs KAR:AGIL: 0.72

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


Agriauto Industries Interest Coverage Historical Data

The historical data trend for Agriauto Industries'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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Agriauto Industries Interest Coverage Chart

Agriauto Industries 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 - 821.90 14.36 0.13 -

Agriauto Industries 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 - 0.09 - 0.14 4.31

Competitive Comparison of Agriauto Industries's Interest Coverage

For the Auto Parts subindustry, Agriauto Industries'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.


Agriauto Industries's Interest Coverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Agriauto Industries's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Agriauto Industries's Interest Coverage falls into.


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Agriauto Industries 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.

Agriauto Industries'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, Agriauto Industries's Interest Expense was ₨-212 Mil. Its Operating Income was ₨-235 Mil. And its Long-Term Debt & Capital Lease Obligation was ₨505 Mil.

Agriauto Industries did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2025, Agriauto Industries's Interest Expense was ₨-37 Mil. Its Operating Income was ₨160 Mil. And its Long-Term Debt & Capital Lease Obligation was ₨395 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*159.788/-37.047
=4.31

* 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.


Agriauto Industries  (KAR:AGIL) 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 .


Agriauto Industries Interest Coverage Related Terms

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


Agriauto Industries Business Description

Traded in Other Exchanges
N/A
Address
5th Floor, House of Habib, 3 Jinnah Cooperative Housing Society, Block-7/8, Main Shahrah-e-Faisal, Karachi, PAK, 75350
Agriauto Industries Ltd is a manufacturer of automotive components for automotive vehicles, motor cycles and agricultural tractors. It is engaged in the manufacturing and sales of components for automotive vehicles, motor cycles, and agricultural tractors. The company's product portfolio includes Shock Absorbers and Struts; Motorcycle Shock Absorber and Parts; Sheet Metal Press Parts; Tractor Parts and Other Parts.

Agriauto Industries Headlines

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