Noon Sugar Mills (KAR:NONS) Interest Coverage: 0 (At Loss) (As of . 20)


What is Noon Sugar Mills Interest Coverage?

Noon Sugar Mills KAR:NONS +0.32% Interest Coverage is 0 (At Loss) as of . 20.

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. Noon Sugar Mills's Operating Income for the three months ended in . 20 was ₨0.00 Mil. Noon Sugar Mills's Interest Expense for the three months ended in . 20 was ₨0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Noon Sugar Mills's Interest Coverage or its related term are showing as below:


KAR:NONS's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.585
* 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.


Noon Sugar Mills  (KAR:NONS) 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 .


Noon Sugar Mills Interest Coverage Related Terms


Noon Sugar Mills Interest Coverage Historical Data

* Premium members only.

The historical data trend for Noon Sugar Mills'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.

Noon Sugar Mills Interest Coverage Chart

Noon Sugar Mills Annual Data
Trend
Interest Coverage

Noon Sugar Mills Quarterly Data
Interest Coverage

Noon Sugar Mills Interest Coverage Competitor Comparison

For the Confectioners subindustry, Noon Sugar Mills'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.


Noon Sugar Mills Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Noon Sugar Mills's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Noon Sugar Mills's Interest Coverage falls into.



Noon Sugar Mills 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.

Noon Sugar Mills's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Noon Sugar Mills's Interest Expense was ₨0.00 Mil. Its Operating Income was ₨0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was ₨0.00 Mil.

Noon Sugar Mills had no debt (1).

Noon Sugar Mills's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the three months ended in . 20, Noon Sugar Mills's Interest Expense was ₨0.00 Mil. Its Operating Income was ₨0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was ₨0.00 Mil.

Noon Sugar Mills had no debt (1).

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Noon Sugar Mills (KAR:NONS) has a Interest Coverage of 0 (At Loss) as of . 20. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Noon Sugar Mills and its competitors.
Is Noon Sugar Mills' Interest Coverage too high?
Noon Sugar Mills' current Interest Coverage is 0 (At Loss).
How does Noon Sugar Mills' Interest Coverage compare to competitors?
Noon Sugar Mills' Interest Coverage of 0 (At Loss) can be compared against companies in the Consumer Packaged Goods industry. The industry median Interest Coverage is 8.59. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.59, based on 1,506 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Noon Sugar Mills and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noon Sugar Mills's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noon Sugar Mills stock overvalued right now?
Noon Sugar Mills (KAR:NONS) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Noon Sugar Mills (KAR:NONS), the current Interest Coverage is 0 (At Loss) as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Noon Sugar Mills Business Description

Address 66-67 A, Garden Block, New Garden Town, Lahore, PB, PAK
Noon Sugar Mills Ltd is engaged in the manufacturing and sale of white sugar and spirit. The company operates through two main segments: Sugar, focused on processing sugarcane into refined white sugar, and Distillery, producing ethanol prominently for export and industrial uses. The majority of the company's revenue is generated from the Sugar segment, with a substantial portion derived from domestic sugar sales.