Cello World (NSE:CELLO) Interest Coverage : 430.17 (As of Dec. 2024)

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What is Cello World 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. Cello World's Operating Income for the three months ended in Dec. 2024 was ₹1,122 Mil. Cello World's Interest Expense for the three months ended in Dec. 2024 was ₹-3 Mil. Cello World's interest coverage for the quarter that ended in Dec. 2024 was 430.17. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Cello World Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

NSE:CELLO' s Interest Coverage Range Over the Past 10 Years
Min: 100.29 Med: 139.9 Max: 235.72
Current: 235.72

NSE:CELLO's Interest Coverage is ranked better than
89.12% of 331 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.47 vs NSE:CELLO: 235.72

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

Cello World Interest Coverage Historical Data

The historical data trend for Cello World'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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Cello World Interest Coverage Chart

Cello World Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Interest Coverage

100.29

101.36

219.84

178.43

Cello World Quarterly Data
	Mar21	Mar22	Jun22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Interest Coverage	Get a 7-Day Free Trial						238.99	148.77	207.58	350.78	430.17

Competitive Comparison of Cello World's Interest Coverage

For the Furnishings, Fixtures & Appliances subindustry, Cello World'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.

Cello World's Interest Coverage Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Cello World's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cello World's Interest Coverage falls into.

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Cello World 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.

Cello World'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, Cello World's Interest Expense was ₹-26 Mil. Its Operating Income was ₹4,556 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹333 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2024 )	/	Interest Expense (A: Mar. 2024 )
	=	-1	*	4555.791	/	-25.533
	=	178.43

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

Here, for the three months ended in Dec. 2024, Cello World's Interest Expense was ₹-3 Mil. Its Operating Income was ₹1,122 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	1122.302	/	-2.609
	=	430.17

The higher the ratio, the stronger the company's Financial Strength is.

Cello World (NSE:CELLO) 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 .

Cello World Interest Coverage Related Terms

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

Cello World Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Cello World Ltd (NSE:CELLO) » Definitions » Interest Coverage

Traded in Other Exchanges

544012:India

Address

Sonawala Road, Corporate Avenue, Cello House, B Wing, 8th Floor, Goregaon (East), Mumbai, MH, IND, 400063

Website

https://corporate.celloworld.com

Cello World Ltd is a popular Indian consumer products company. It is engaged in the consumerware market in India, with a presence in consumer houseware, writing instruments and stationery, molded furniture, and allied product categories. It is engaged in the business of trading consumer products namely plastic and rubber products such as water bottles, storage containers and jars, tiffins and lunch carriers, stationery items, glassware, steel flasks, and jars among others. Geographically, the company generates a majority of its revenue within India.

Cello World Headlines

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