Focus Lighting and Fixtures (NSE:FOCUS) Interest Coverage : 39.57 (As of Mar. 2023)

Focus Lighting and Fixtures Interest Coverage Chart

Focus Lighting and Fixtures Annual Data
	Trend	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Interest Coverage		Get a 7-Day Free Trial					32.74	8.36	-	6.36	27.95

Focus Lighting and Fixtures Semi-Annual Data
	Mar12	Mar13	Mar14	Mar15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Interest Coverage	Get a 7-Day Free Trial														-	0.51	9.18	16.91	39.57

Competitive Comparison of Focus Lighting and Fixtures's Interest Coverage

For the Furnishings, Fixtures & Appliances subindustry, Focus Lighting and Fixtures'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.

Focus Lighting and Fixtures's Interest Coverage Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Focus Lighting and Fixtures's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Focus Lighting and Fixtures's Interest Coverage falls into.

Focus Lighting and Fixtures 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

Focus Lighting and Fixtures's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, Focus Lighting and Fixtures's Interest Expense was ₹-10 Mil. Its Operating Income was ₹289 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Focus Lighting and Fixtures's Interest Coverage for the quarter that ended in Mar. 2023 is calculated as

Here, for the six months ended in Mar. 2023, Focus Lighting and Fixtures's Interest Expense was ₹-5 Mil. Its Operating Income was ₹199 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

* 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.

Focus Lighting and Fixtures  (NSE:FOCUS) 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 .

Focus Lighting and Fixtures Interest Coverage Related Terms

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Focus Lighting and Fixtures (NSE:FOCUS) Business Description