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Equippp Social Impact Technologies (NSE:EQUIPPP) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Equippp Social Impact Technologies 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. Equippp Social Impact Technologies's Operating Income for the three months ended in Dec. 2024 was ₹-1.45 Mil. Equippp Social Impact Technologies's Interest Expense for the three months ended in Dec. 2024 was ₹-1.69 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 Equippp Social Impact Technologies's Interest Coverage or its related term are showing as below:

NSE:EQUIPPP' s Interest Coverage Range Over the Past 10 Years
Min: 0.1   Med: 2.47   Max: 4.84
Current: 0.44


NSE:EQUIPPP's Interest Coverage is ranked worse than
95.79% of 190 companies
in the Agriculture industry
Industry Median: 7.485 vs NSE:EQUIPPP: 0.44

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


Equippp Social Impact Technologies Interest Coverage Historical Data

The historical data trend for Equippp Social Impact Technologies'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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Equippp Social Impact Technologies Interest Coverage Chart

Equippp Social Impact Technologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 4.84 -

Equippp Social Impact Technologies Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 16.60 - - -

Competitive Comparison of Equippp Social Impact Technologies's Interest Coverage

For the Agricultural Inputs subindustry, Equippp Social Impact Technologies'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.


Equippp Social Impact Technologies's Interest Coverage Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Equippp Social Impact Technologies's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Equippp Social Impact Technologies's Interest Coverage falls into.


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Equippp Social Impact Technologies 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.

Equippp Social Impact Technologies'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, Equippp Social Impact Technologies's Interest Expense was ₹-1.17 Mil. Its Operating Income was ₹-1.65 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹19.86 Mil.

Equippp Social Impact Technologies did not have earnings to cover the interest expense.

Equippp Social Impact Technologies's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Equippp Social Impact Technologies's Interest Expense was ₹-1.69 Mil. Its Operating Income was ₹-1.45 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Equippp Social Impact Technologies 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.


Equippp Social Impact Technologies  (NSE:EQUIPPP) 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 .


Equippp Social Impact Technologies Interest Coverage Related Terms

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


Equippp Social Impact Technologies Business Description

Traded in Other Exchanges
Address
8th Floor, Western Pearl Building, Hitech City Road, Kondapur, Hyderabad, TG, IND, 500081
Equippp Social Impact Technologies Ltd is engaged in providing new technologies and next-generation IT solutions and services. The feature enables organizations to capture the business benefits of emerging technologies of digital engineering, business intelligence, analytics, machine learning, testing, and IT Consulting. The company's product includes EquiPPP, EquiPPP 3.0, EquiPPP Ix, EquiPPP CIX, among others, The product platform facilitates cross-sectoral partnerships for the purpose of carrying out social projects, enables consumers to contribute their ideas, insights, and involvement in social projects, and sharing information through the use of digital formats and field forces.

Equippp Social Impact Technologies Headlines

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