Infollion Research Services (NSE:INFOLLION) Interest Coverage : 38.75 (As of Sep. 2024)

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What is Infollion Research Services 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. Infollion Research Services's Operating Income for the six months ended in Sep. 2024 was ₹71.3 Mil. Infollion Research Services's Interest Expense for the six months ended in Sep. 2024 was ₹-1.8 Mil. Infollion Research Services's interest coverage for the quarter that ended in Sep. 2024 was 38.75. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Infollion Research Services's Interest Coverage or its related term are showing as below:

NSE:INFOLLION' s Interest Coverage Range Over the Past 10 Years
Min: 42.15 Med: 618.05 Max: 13141
Current: 42.15

NSE:INFOLLION's Interest Coverage is ranked better than
68.03% of 804 companies
in the Business Services industry
Industry Median: 12.965 vs NSE:INFOLLION: 42.15

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

Infollion Research Services Interest Coverage Historical Data

The historical data trend for Infollion Research Services'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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Infollion Research Services Interest Coverage Chart

Infollion Research Services Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Coverage

13,141.00

618.05

963.09

117.57

75.75

Infollion Research Services Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Interest Coverage	Get a 7-Day Free Trial			132.14	102.56	151.47	48.50	38.75

Competitive Comparison of Infollion Research Services's Interest Coverage

For the Staffing & Employment Services subindustry, Infollion Research Services'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.

Infollion Research Services's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Infollion Research Services's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Infollion Research Services's Interest Coverage falls into.

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Infollion Research Services 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.

Infollion Research Services'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, Infollion Research Services's Interest Expense was ₹-1.3 Mil. Its Operating Income was ₹101.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2024 )	/	Interest Expense (A: Mar. 2024 )
	=	-1	*	101.35	/	-1.338
	=	75.75

Infollion Research Services's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the six months ended in Sep. 2024, Infollion Research Services's Interest Expense was ₹-1.8 Mil. Its Operating Income was ₹71.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	71.299	/	-1.84
	=	38.75

The higher the ratio, the stronger the company's Financial Strength is.

Infollion Research Services (NSE:INFOLLION) 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 .

Infollion Research Services Interest Coverage Related Terms

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

Infollion Research Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Infollion Research Services Ltd (NSE:INFOLLION) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unitech Cyber Park, 3rd floor, Tower B, Sector 39, Gurgaon, Gurugram, HR, IND, 122002

Website

https://www.infollion.com

Infollion Research Services Ltd is a tech-oriented marketplace, operating in the B2B Human Cloud segment, catering to on-demand contingent hiring and work arrangements with senior management talent, subject matter experts, and high-ranking, seasoned professionals. It provides a platform for workers or knowledge providers (gig workers) and employers or knowledge seekers to connect and find synergetic outcomes. The company operates in the premium segment of the gig economy and is one of the enablers of contingent hiring, temporary workforce management, contracting SOW employees, high-level independent consultations, knowledge tours, and more. It caters to global hiring requirements for our domestic and international clients.

Infollion Research Services Headlines

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