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Bodhi Tree Multimedia (NSE:BTML) Interest Coverage : 5.69 (As of Mar. 2024)


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What is Bodhi Tree Multimedia 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. Bodhi Tree Multimedia's Operating Income for the six months ended in Mar. 2024 was ₹22.1 Mil. Bodhi Tree Multimedia's Interest Expense for the six months ended in Mar. 2024 was ₹-3.9 Mil. Bodhi Tree Multimedia's interest coverage for the quarter that ended in Mar. 2024 was 5.69. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Bodhi Tree Multimedia's Interest Coverage or its related term are showing as below:

NSE:BTML' s Interest Coverage Range Over the Past 10 Years
Min: 3.64   Med: 11.59   Max: 17.45
Current: 9.85


NSE:BTML's Interest Coverage is ranked worse than
52.75% of 618 companies
in the Media - Diversified industry
Industry Median: 11.615 vs NSE:BTML: 9.85

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


Bodhi Tree Multimedia Interest Coverage Historical Data

The historical data trend for Bodhi Tree Multimedia'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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Bodhi Tree Multimedia Interest Coverage Chart

Bodhi Tree Multimedia Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial 17.45 16.32 13.33 8.47 9.85

Bodhi Tree Multimedia Semi-Annual Data
Mar17 Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.90 - 22.55 19.00 5.69

Competitive Comparison of Bodhi Tree Multimedia's Interest Coverage

For the Entertainment subindustry, Bodhi Tree Multimedia'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.


Bodhi Tree Multimedia's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Bodhi Tree Multimedia's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bodhi Tree Multimedia's Interest Coverage falls into.



Bodhi Tree Multimedia 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.

Bodhi Tree Multimedia'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, Bodhi Tree Multimedia's Interest Expense was ₹-5.6 Mil. Its Operating Income was ₹55.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹6.7 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*55.572/-5.64
=9.85

Bodhi Tree Multimedia's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the six months ended in Mar. 2024, Bodhi Tree Multimedia's Interest Expense was ₹-3.9 Mil. Its Operating Income was ₹22.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹6.7 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*22.062/-3.876
=5.69

* 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.


Bodhi Tree Multimedia  (NSE:BTML) 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 .


Bodhi Tree Multimedia Interest Coverage Related Terms

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


Bodhi Tree Multimedia (NSE:BTML) Business Description

Traded in Other Exchanges
Address
507, Reliable Business Centre, Jogeshwari (West), Mumbai, MH, IND, 400102
Bodhi Tree Multimedia Ltd is engaged in content production for television, films and digital platforms. The company operates in verticals TV - Hindi GEC (General Entertainment Channels) that produces contents such as daily soaps, reality shows for linear broadcast networks like Zee, Sony, Star, Disney, Viacom, Sun and others; Digital Content (OTT) that produces content for non-linear platforms such as Netflix, Voot; and Regional content in multiple languages that produces content in regional languages including Tamil, Marathi, Bengali, and Gujarati on both TV and OTT platforms.

Bodhi Tree Multimedia (NSE:BTML) Headlines

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