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Navkar (NSE:NAVKARCORP) Interest Coverage : 0 (At Loss) (As of Mar. 2025)


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What is Navkar 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. Navkar's Operating Income for the three months ended in Mar. 2025 was ₹-315 Mil. Navkar's Interest Expense for the three months ended in Mar. 2025 was ₹-44 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 Navkar's Interest Coverage or its related term are showing as below:


NSE:NAVKARCORP's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 5.9
* 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.


Navkar Interest Coverage Historical Data

The historical data trend for Navkar'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.

* Premium members only.

Navkar Interest Coverage Chart

Navkar Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.66 3.11 3.16 1.43 -

Navkar Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.26 - 0.38 - -

Competitive Comparison of Navkar's Interest Coverage

For the Integrated Freight & Logistics subindustry, Navkar'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.


Navkar's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Navkar's Interest Coverage distribution charts can be found below:

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


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Navkar 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.

Navkar'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, Navkar's Interest Expense was ₹-207 Mil. Its Operating Income was ₹-454 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,135 Mil.

Navkar did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2025, Navkar's Interest Expense was ₹-44 Mil. Its Operating Income was ₹-315 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,135 Mil.

Navkar 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.


Navkar  (NSE:NAVKARCORP) 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 .


Navkar Interest Coverage Related Terms

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


Navkar Business Description

Traded in Other Exchanges
Address
Sector 12, Near Utsav Chowk, 13th Floor, Goodwill Infinity, Plot No. E/3A, Kharghar, Navi Mumbai, MH, IND, 410210
Navkar Corp Ltd is engaged in providing Container Freight Station (CFS) facilities, Inland Container Depot (ICD), and Rail Operations and is focused on capitalizing on the available opportunities in the logistics space in western India. The company is engaged in providing services to customers located in India. Some of its services include CFS for handling hazardous cargo; project cargoes; import related; customs and plant and quarantine facilities; rail terminals; empty container storage; temperature-controlled chambers; warehousing and others.

Navkar Headlines

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