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Dam Capital Advisors (NSE:DAMCAPITAL) Interest Coverage : 9.16 (As of Mar. 2025)


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What is Dam Capital Advisors 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. Dam Capital Advisors's Operating Income for the three months ended in Mar. 2025 was ₹71 Mil. Dam Capital Advisors's Interest Expense for the three months ended in Mar. 2025 was ₹-8 Mil. Dam Capital Advisors's interest coverage for the quarter that ended in Mar. 2025 was 9.16. 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. Dam Capital Advisors Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Dam Capital Advisors's Interest Coverage or its related term are showing as below:

NSE:DAMCAPITAL' s Interest Coverage Range Over the Past 10 Years
Min: 11.34   Med: 48.86   Max: 103.01
Current: 64.43


NSE:DAMCAPITAL's Interest Coverage is ranked better than
59.83% of 458 companies
in the Capital Markets industry
Industry Median: 20.545 vs NSE:DAMCAPITAL: 64.43

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


Dam Capital Advisors Interest Coverage Historical Data

The historical data trend for Dam Capital Advisors'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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Dam Capital Advisors Interest Coverage Chart

Dam Capital Advisors Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Interest Coverage
27.57 11.34 103.01 70.15

Dam Capital Advisors Quarterly Data
Mar22 Mar23 Dec23 Mar24 Sep24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial 89.97 - N/A 179.46 9.16

Competitive Comparison of Dam Capital Advisors's Interest Coverage

For the Capital Markets subindustry, Dam Capital Advisors'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.


Dam Capital Advisors's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Dam Capital Advisors's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Dam Capital Advisors's Interest Coverage falls into.


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Dam Capital Advisors 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.

Dam Capital Advisors'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, Dam Capital Advisors's Interest Expense was ₹-18 Mil. Its Operating Income was ₹1,256 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹27 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*1255.7/-17.9
=70.15

Dam Capital Advisors's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Dam Capital Advisors's Interest Expense was ₹-8 Mil. Its Operating Income was ₹71 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹27 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*70.5/-7.7
=9.16

* 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.


Dam Capital Advisors  (NSE:DAMCAPITAL) 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 .


Dam Capital Advisors Interest Coverage Related Terms

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


Dam Capital Advisors Business Description

Traded in Other Exchanges
Address
Bandra Kurla Complex, One BKC, Tower C, 15th Floor, Unit No. 1511, Bandra East, Mumbai, MH, IND, 400 051
Dam Capital Advisors Ltd provides a wide range of financial solutions in areas of (i) investment banking comprising equity capital markets (ECM), mergers and acquisitions (M&A), private equity (PE), and structured finance advisory; and (ii) institutional equities comprising broking and research. The company focuses on the Indian capital markets, one of the dynamic and high-growth organized markets in the world.

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