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Country Club Hospitality & Holidays (NSE:CCHHL) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Country Club Hospitality & Holidays 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. Country Club Hospitality & Holidays's Operating Income for the three months ended in Mar. 2024 was ₹-72.2 Mil. Country Club Hospitality & Holidays's Interest Expense for the three months ended in Mar. 2024 was ₹-5.0 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Country Club Hospitality & Holidays's Interest Coverage or its related term are showing as below:


NSE:CCHHL's Interest Coverage is not ranked *
in the Travel & Leisure industry.
Industry Median: 5.165
* 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.


Country Club Hospitality & Holidays Interest Coverage Historical Data

The historical data trend for Country Club Hospitality & Holidays'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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Country Club Hospitality & Holidays Interest Coverage Chart

Country Club Hospitality & Holidays Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
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Country Club Hospitality & Holidays Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Country Club Hospitality & Holidays's Interest Coverage

For the Lodging subindustry, Country Club Hospitality & Holidays'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.


Country Club Hospitality & Holidays's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Country Club Hospitality & Holidays's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Country Club Hospitality & Holidays's Interest Coverage falls into.



Country Club Hospitality & Holidays 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.

Country Club Hospitality & Holidays'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, Country Club Hospitality & Holidays's Interest Expense was ₹-37.7 Mil. Its Operating Income was ₹-162.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹237.5 Mil.

Country Club Hospitality & Holidays did not have earnings to cover the interest expense.

Country Club Hospitality & Holidays's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Country Club Hospitality & Holidays's Interest Expense was ₹-5.0 Mil. Its Operating Income was ₹-72.2 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹237.5 Mil.

Country Club Hospitality & Holidays did not have earnings to cover the interest expense.

* 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.


Country Club Hospitality & Holidays  (NSE:CCHHL) 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 .


Country Club Hospitality & Holidays Interest Coverage Related Terms

Thank you for viewing the detailed overview of Country Club Hospitality & Holidays's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Country Club Hospitality & Holidays (NSE:CCHHL) Business Description

Traded in Other Exchanges
Address
Country Club Kool, No. 6-3-1219, 4th and 5th Floor, Begumpet, Hyderabad, TG, IND, 500016
Country Club Hospitality & Holidays Ltd offers leisure hospitality services in India. It provides specialty services which include member-exclusive clubbing hubs, splendid holiday destinations, trendy fitness centers and star-studded entertainment events. The group also organizes various family amusement events including Live Musical Nights, Food Festivals, Magic shows and Tambola. It operates under the business segment of Sale of Vacation Ownership and other related services. Its business is to sell club ownership, provide tour and holiday services, accommodation services; training in recreational activities relating to art, culture and sports, fitness training and clubbing to its members for a specified period.

Country Club Hospitality & Holidays (NSE:CCHHL) Headlines

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