Perfect Infraengineers (NSE:PERFECT) Interest Coverage: 0 (At Loss) (As of Mar. 2024)


NSE:PERFECT Perfect Infraengineers Ltd NSE:PERFECT
4 GF Score
Price ₹8.10
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What is Perfect Infraengineers Interest Coverage?

Perfect Infraengineers NSE:PERFECT 4 Interest Coverage is 0 (At Loss) as of Mar. 2024. GuruFocus rates NSE:PERFECT 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. Perfect Infraengineers's Operating Income for the six months ended in Mar. 2024 was ₹0.44 Mil. Perfect Infraengineers's Interest Expense for the six months ended in Mar. 2024 was ₹0.37 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 Perfect Infraengineers's Interest Coverage or its related term are showing as below:


NSE:PERFECT's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 20.225
* 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.


Perfect Infraengineers  (NSE:PERFECT) 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 .


Perfect Infraengineers Interest Coverage Related Terms


Perfect Infraengineers Interest Coverage Historical Data

* Premium members only.

The historical data trend for Perfect Infraengineers'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.

Perfect Infraengineers Interest Coverage Chart

Perfect Infraengineers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 0.00 0.00 361.25 3.72

Perfect Infraengineers Semi-Annual Data
Mar15 Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.00 0.00 0.00 2.20 0.00

NSE:PERFECT vs FSLR, NXT, ENPH: Interest Coverage Comparison

For the Solar subindustry, Perfect Infraengineers'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.


Perfect Infraengineers Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Perfect Infraengineers's Interest Coverage distribution charts can be found below:

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


NSE:PERFECT
4GF Score
Perfect Infraengineers Ltd NSE:PERFECT
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Perfect Infraengineers 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.

Perfect Infraengineers'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, Perfect Infraengineers's Interest Expense was ₹-0.83 Mil. Its Operating Income was ₹3.07 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹45.00 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*3.071/-0.825
=3.72

Perfect Infraengineers's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the six months ended in Mar. 2024, Perfect Infraengineers's Interest Expense was ₹0.37 Mil. Its Operating Income was ₹0.44 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹45.00 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Perfect Infraengineers (NSE:PERFECT) has a Interest Coverage of 0 (At Loss) as of Mar. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Perfect Infraengineers and its competitors.
Is Perfect Infraengineers' Interest Coverage too high?
Perfect Infraengineers' current Interest Coverage is 0 (At Loss). Overall, Perfect Infraengineers has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Perfect Infraengineers' Interest Coverage compare to FSLR and NXT?
Perfect Infraengineers' Interest Coverage of 0 (At Loss) can be compared against companies in the Semiconductors industry. The industry median Interest Coverage is 20.23. 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.23, based on 638 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 Perfect Infraengineers and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perfect Infraengineers'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 Perfect Infraengineers stock overvalued right now?
Perfect Infraengineers (NSE:PERFECT) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Perfect Infraengineers' 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 Perfect Infraengineers (NSE:PERFECT), the current Interest Coverage is 0 (At Loss) as of Mar. 2024. 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.

Perfect Infraengineers Business Description

Address Thane Belapur Road, R-637, TTC Industrial Area, MIDC, Rabale, Navi Mumbai, MH, IND, 400701
Perfect Infraengineers Ltd is into manufacturing and trading of Hybrid Thermal Solar Panel and MEP contracting. It is engaged in two categories including Solar Thermal Panels and Hybrid Thermal System. The company has a business of execution of HVAC and manufacturing and trading of Hybrid Solar Thermal Panels and allied activities in India. The company generates key revenue from the sale of goods.
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