Future Enterprises (NSE:FELDVR) Interest Coverage: 0 (At Loss) (As of Mar. 2022)


NSE:FELDVR Future Enterprises Ltd NSE:FELDVR
4 GF Score
Price ₹2.48
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What is Future Enterprises Interest Coverage?

Future Enterprises NSE:FELDVR -4.62% 4 Interest Coverage is 0 (At Loss) as of Mar. 2022. GuruFocus rates NSE:FELDVR with a GF Score™ of 4/100.

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. Future Enterprises's Operating Income for the three months ended in Mar. 2022 was ₹-4,643 Mil. Future Enterprises's Interest Expense for the three months ended in Mar. 2022 was ₹-1,929 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 Future Enterprises's Interest Coverage or its related term are showing as below:


NSE:FELDVR's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.915
* Ranked among companies with meaningful Interest Coverage only.

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


Future Enterprises  (NSE:FELDVR) 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 .


Future Enterprises Interest Coverage Related Terms


Future Enterprises Interest Coverage Historical Data

* Premium members only.

The historical data trend for Future Enterprises'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.

Future Enterprises Interest Coverage Chart

Future Enterprises Annual Data
Trend Jun11 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 1.11 0.49 0.00 0.00

Future Enterprises Quarterly Data
Mar15 Mar16 Mar17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.00 0.00 0.00 0.00 0.00

NSE:FELDVR vs DDS, M: Interest Coverage Comparison

For the Department Stores subindustry, Future Enterprises'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.


Future Enterprises Interest Coverage vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Future Enterprises's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Future Enterprises's Interest Coverage falls into.


NSE:FELDVR
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Future Enterprises Ltd NSE:FELDVR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Future Enterprises 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.

Future Enterprises's Interest Coverage for the fiscal year that ended in Mar. 2022 is calculated as

Here, for the fiscal year that ended in Mar. 2022, Future Enterprises's Interest Expense was ₹-7,621 Mil. Its Operating Income was ₹-8,288 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹3,143 Mil.

Future Enterprises did not have earnings to cover the interest expense.

Future Enterprises's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Here, for the three months ended in Mar. 2022, Future Enterprises's Interest Expense was ₹-1,929 Mil. Its Operating Income was ₹-4,643 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹3,143 Mil.

Future Enterprises 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Future Enterprises (NSE:FELDVR) has a Interest Coverage of 0 (At Loss) as of Mar. 2022. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Future Enterprises and its competitors.
Is Future Enterprises' Interest Coverage too high?
Future Enterprises' current Interest Coverage is 0 (At Loss). Overall, Future Enterprises has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Future Enterprises' Interest Coverage compare to DDS and M?
Future Enterprises' Interest Coverage of 0 (At Loss) can be compared against companies in the Retail - Cyclical industry. The industry median Interest Coverage is 7.92. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.92, based on 828 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Future Enterprises and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future Enterprises's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Enterprises stock overvalued right now?
Future Enterprises (NSE:FELDVR) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Future Enterprises' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Future Enterprises (NSE:FELDVR), the current Interest Coverage is 0 (At Loss) as of Mar. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Future Enterprises Business Description

Address Embassy 247, LBS Marg, 9th Floor, Tower C, Vikhroli (West), Mumbai, MH, IND, 400083
Future Enterprises Ltd is a company that develops, owns, and leases the retail infrastructure. It also invests in insurance, textile manufacturing, supply chain, and logistics. The company's operating segment includes Manufacturing & Trading and Leasing & Other. It generates maximum revenue from the Manufacturing and Trading segment.
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