Cell Point (India) (NSE:CELLPOINT) Interest Coverage : 1.67 (As of Mar. 2024)

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What is Cell Point (India) 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. Cell Point (India)'s Operating Income for the six months ended in Mar. 2024 was ₹29 Mil. Cell Point (India)'s Interest Expense for the six months ended in Mar. 2024 was ₹-17 Mil. Cell Point (India)'s interest coverage for the quarter that ended in Mar. 2024 was 1.67. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Cell Point (India)'s Interest Coverage or its related term are showing as below:

NSE:CELLPOINT' s Interest Coverage Range Over the Past 10 Years
Min: 1.38 Med: 1.54 Max: 2.5
Current: 1.38

NSE:CELLPOINT's Interest Coverage is ranked worse than
87.17% of 795 companies
in the Retail - Cyclical industry
Industry Median: 7.6 vs NSE:CELLPOINT: 1.38

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

Cell Point (India) Interest Coverage Historical Data

The historical data trend for Cell Point (India)'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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Cell Point (India) Interest Coverage Chart

Cell Point (India) Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Coverage

1.55

1.48

1.54

2.50

1.38

Cell Point (India) Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Interest Coverage	Get a 7-Day Free Trial			N/A	2.21	2.87	1.23	1.67

Competitive Comparison of Cell Point (India)'s Interest Coverage

For the Specialty Retail subindustry, Cell Point (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.

Cell Point (India)'s Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Cell Point (India)'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cell Point (India)'s Interest Coverage falls into.

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Cell Point (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

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.

Cell Point (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, Cell Point (India)'s Interest Expense was ₹-52 Mil. Its Operating Income was ₹72 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹11 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2024 )	/	Interest Expense (A: Mar. 2024 )
	=	-1	*	71.67	/	-52.06
	=	1.38

Cell Point (India)'s Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the six months ended in Mar. 2024, Cell Point (India)'s Interest Expense was ₹-17 Mil. Its Operating Income was ₹29 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹11 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	28.895	/	-17.322
	=	1.67

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

Cell Point (India) (NSE:CELLPOINT) 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 .

Cell Point (India) Interest Coverage Related Terms

Thank you for viewing the detailed overview of Cell Point (India)'s Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Cell Point (India) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Cell Point (India) Ltd (NSE:CELLPOINT) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lalitha Colony, Door No. 30-15-134, Dabagardens, Visakhapatnam, AP, IND, 530020

Website

https://www.cellpoint.biz

Cell Point (India) Ltd is engaged in multi-brand retail selling of smartphones, tablets, mobile accessories, and mobile-related products of various brands such as Apple, Samsung, Oppo, Realme, Nokia, Vivo, Xiaomi, Nokia, Redmi, Techno, One Plus, etc. It is also engaged in retail selling of consumer durable electronics goods, smart televisions, smart watches, and air conditioners of various brands such as Xiaomi, Realme, and One Plus among others. The company operates in a single segment and derives revenue from its operations in India.

Cell Point (India) Headlines

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