Baba Food Processing (India) (NSE:BABAFP) Interest Coverage : 4.00 (As of Sep. 2024)

Baba Food Processing (India) Interest Coverage Chart

Competitive Comparison of Baba Food Processing (India)'s Interest Coverage

For the Packaged Foods subindustry, Baba Food Processing (India)'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.

Baba Food Processing (India)'s Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Baba Food Processing (India)'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Baba Food Processing (India)'s Interest Coverage falls into.

Baba Food Processing (India) 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

Baba Food Processing (India)'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, Baba Food Processing (India)'s Interest Expense was ₹-21 Mil. Its Operating Income was ₹99 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹93 Mil.

Baba Food Processing (India)'s Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the six months ended in Sep. 2024, Baba Food Processing (India)'s Interest Expense was ₹-8 Mil. Its Operating Income was ₹31 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹174 Mil.

* 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.

Baba Food Processing (India)  (NSE:BABAFP) 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 .

Baba Food Processing (India) Interest Coverage Related Terms

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Baba Food Processing (India) Business Description