Ortel Communications (NSE:ORTEL) Interest Coverage: No Debt (1) (As of Jun. 2021)


NSE:ORTEL Ortel Communications Ltd NSE:ORTEL
4 GF Score
Price ₹1.58
View Full Analysis

What is Ortel Communications Interest Coverage?

Ortel Communications NSE:ORTEL 4 Interest Coverage is No Debt (1) as of Jun. 2021. GuruFocus rates NSE:ORTEL 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. Ortel Communications's Operating Income for the three months ended in Jun. 2021 was ₹-91.9 Mil. Ortel Communications's Interest Expense for the three months ended in Jun. 2021 was ₹0.0 Mil. Ortel Communications has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Ortel Communications's Interest Coverage or its related term are showing as below:


NSE:ORTEL's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.66
* 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.


Ortel Communications  (NSE:ORTEL) 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 .


Ortel Communications Interest Coverage Related Terms


Ortel Communications Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ortel Communications'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.

Ortel Communications Interest Coverage Chart

Ortel Communications Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Interest Coverage
Get a 7-Day Free Trial 2.20 0.00 0.00 N/A N/A

Ortel Communications Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 No Debt N/A N/A N/A No Debt

NSE:ORTEL vs DIS, NFLX, WBD: Interest Coverage Comparison

For the Entertainment subindustry, Ortel Communications'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.


Ortel Communications Interest Coverage vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Ortel Communications's Interest Coverage distribution charts can be found below:

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


NSE:ORTEL
4GF Score
Ortel Communications Ltd NSE:ORTEL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ortel Communications 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.

Ortel Communications's Interest Coverage for the fiscal year that ended in Mar. 2021 is calculated as

Here, for the fiscal year that ended in Mar. 2021, Ortel Communications's Interest Expense was ₹0.0 Mil. Its Operating Income was ₹-278.8 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,419.9 Mil.

GuruFocus does not calculate Ortel Communications's interest coverage with the available data.

Ortel Communications's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Here, for the three months ended in Jun. 2021, Ortel Communications's Interest Expense was ₹0.0 Mil. Its Operating Income was ₹-91.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Ortel Communications had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Ortel Communications (NSE:ORTEL) has a Interest Coverage of No Debt (1) as of Jun. 2021. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ortel Communications and its competitors.
Is Ortel Communications' Interest Coverage too high?
Ortel Communications' current Interest Coverage is No Debt (1). Overall, Ortel Communications has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Ortel Communications' Interest Coverage compare to DIS and NFLX?
Ortel Communications' Interest Coverage of No Debt (1) can be compared against companies in the Media - Diversified industry. The industry median Interest Coverage is 11.66. 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 Media - Diversified company?
The median Interest Coverage among Media - Diversified companies is 11.66, based on 604 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 Ortel Communications and its competitors. For the Media - Diversified industry, the median Interest Coverage is 11.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ortel Communications's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ortel Communications stock overvalued right now?
Ortel Communications (NSE:ORTEL) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). Ortel Communications' 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 Ortel Communications (NSE:ORTEL), the current Interest Coverage is No Debt (1) as of Jun. 2021. 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.

Ortel Communications Business Description

Address C-1, Chandrasekharpur, Behind RMRC, B.D.A. Colony, Bhubaneswar, OR, IND, 751016
Ortel Communications Ltd is a cable television service provider. The company's operating segment includes Cable TV Services, Data Services, Infrastructure Leasing (IFL), Carriage fees, and Others. It generates maximum revenue from the Cable TV segment that includes digital cable television services including other value-added services such as HD services, NVoD(Near Video on Demand), Gaming, and local content.
4GF Score

Get the complete analysis for NSE:ORTEL

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1.58
Price