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Dawood Lawrencepur (KAR:DLL) Interest Coverage : 1.02 (As of Dec. 2024)


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What is Dawood Lawrencepur 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. Dawood Lawrencepur's Operating Income for the three months ended in Dec. 2024 was ₨528 Mil. Dawood Lawrencepur's Interest Expense for the three months ended in Dec. 2024 was ₨-519 Mil. Dawood Lawrencepur's interest coverage for the quarter that ended in Dec. 2024 was 1.02. The higher the ratio, the stronger the company's financial strength is.

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

KAR:DLL' s Interest Coverage Range Over the Past 10 Years
Min: 1.28   Med: 1.93   Max: 3.3
Current: 2.73


KAR:DLL's Interest Coverage is ranked worse than
53.21% of 327 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.97 vs KAR:DLL: 2.73

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


Dawood Lawrencepur Interest Coverage Historical Data

The historical data trend for Dawood Lawrencepur'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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Dawood Lawrencepur Interest Coverage Chart

Dawood Lawrencepur Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 2.77 - 2.78 3.30

Dawood Lawrencepur Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.88 - 16.33 9.53 1.02

Competitive Comparison of Dawood Lawrencepur's Interest Coverage

For the Utilities - Renewable subindustry, Dawood Lawrencepur'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.


Dawood Lawrencepur's Interest Coverage Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Dawood Lawrencepur's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Dawood Lawrencepur's Interest Coverage falls into.


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Dawood Lawrencepur 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.

Dawood Lawrencepur's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Dawood Lawrencepur's Interest Expense was ₨-891 Mil. Its Operating Income was ₨2,940 Mil. And its Long-Term Debt & Capital Lease Obligation was ₨3,006 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*2940.352/-891.407
=3.30

Dawood Lawrencepur's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Dawood Lawrencepur's Interest Expense was ₨-519 Mil. Its Operating Income was ₨528 Mil. And its Long-Term Debt & Capital Lease Obligation was ₨3,006 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*527.911/-518.556
=1.02

* 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.


Dawood Lawrencepur  (KAR:DLL) 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 .


Dawood Lawrencepur Interest Coverage Related Terms

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


Dawood Lawrencepur Business Description

Traded in Other Exchanges
N/A
Address
M.T. Khan Road, 3rd Floor, Dawood Center, Karachi, PAK, 75530
Dawood Lawrencepur Ltd is a renewable energy solutions company. It is engaged in the business of trading and marketing of renewable energy solutions, mainly solar, to commercial and industrial consumers. The operating segment of the company are Renewable Energy Solutions, Textile and Other Operations.

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