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Cyient DLM (NSE:CYIENTDLM) Interest Coverage : 5.48 (As of Mar. 2025)


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What is Cyient DLM 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. Cyient DLM's Operating Income for the three months ended in Mar. 2025 was ₹469 Mil. Cyient DLM's Interest Expense for the three months ended in Mar. 2025 was ₹-86 Mil. Cyient DLM's interest coverage for the quarter that ended in Mar. 2025 was 5.48. The higher the ratio, the stronger the company's financial strength is.

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

NSE:CYIENTDLM' s Interest Coverage Range Over the Past 10 Years
Min: 2.03   Med: 2.58   Max: 3.7
Current: 2.75


NSE:CYIENTDLM's Interest Coverage is ranked worse than
83.21% of 1602 companies
in the Hardware industry
Industry Median: 13.105 vs NSE:CYIENTDLM: 2.75

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


Cyient DLM Interest Coverage Historical Data

The historical data trend for Cyient DLM'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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Cyient DLM Interest Coverage Chart

Cyient DLM Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
2.03 3.70 2.32 2.58 2.75

Cyient DLM Quarterly Data
Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.38 1.66 2.25 1.82 5.48

Competitive Comparison of Cyient DLM's Interest Coverage

For the Electronic Components subindustry, Cyient DLM'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.


Cyient DLM's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cyient DLM's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cyient DLM's Interest Coverage falls into.


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Cyient DLM 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.

Cyient DLM's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Cyient DLM's Interest Expense was ₹-375 Mil. Its Operating Income was ₹1,031 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,946 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*1031.12/-375.45
=2.75

Cyient DLM's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Cyient DLM's Interest Expense was ₹-86 Mil. Its Operating Income was ₹469 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,946 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*469.38/-85.6
=5.48

* 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.


Cyient DLM  (NSE:CYIENTDLM) 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 .


Cyient DLM Interest Coverage Related Terms

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


Cyient DLM Business Description

Traded in Other Exchanges
Address
Plot no.347, D1 &2, KIADB, Electronics City, Hebbal Industrial Area, Mysuru, KA, IND, 570016
Cyient DLM Ltd is engaged in integrated Electronic Manufacturing Services (EMS) and solutions providers with capabilities across the value chain and the entire life cycle of a product, including design, build, and maintenance. Its solutions comprise the manufacture of the printed circuit board (PCB) assembly (PCBA), cable harnesses, and box builds which are used in safety-critical systems such as cockpits, inflight systems, landing systems, and medical diagnostic equipment, which the company provides to its clients as B2P or B2S services.

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