Pratibha Industries (NSE:PRATIBHA) Interest Coverage: 0 (At Loss) (As of Mar. 2019)


NSE:PRATIBHA Pratibha Industries Ltd NSE:PRATIBHA
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What is Pratibha Industries Interest Coverage?

Pratibha Industries NSE:PRATIBHA 4 Interest Coverage is 0 (At Loss) as of Mar. 2019. GuruFocus rates NSE:PRATIBHA 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. Pratibha Industries's Operating Income for the three months ended in Mar. 2019 was ₹-1,744 Mil. Pratibha Industries's Interest Expense for the three months ended in Mar. 2019 was ₹-938 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 Pratibha Industries's Interest Coverage or its related term are showing as below:


NSE:PRATIBHA's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.81
* 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.


Pratibha Industries  (NSE:PRATIBHA) 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 .


Pratibha Industries Interest Coverage Related Terms


Pratibha Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for Pratibha Industries'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.

Pratibha Industries Interest Coverage Chart

Pratibha Industries Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.41 1.78 0.00 0.00 0.00

Pratibha Industries Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 0.00 0.00 0.00 0.00 0.00

Pratibha Industries Interest Coverage Competitor Comparison

For the Engineering & Construction subindustry, Pratibha Industries'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.


Pratibha Industries Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Pratibha Industries's Interest Coverage distribution charts can be found below:

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


NSE:PRATIBHA
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Pratibha Industries Ltd NSE:PRATIBHA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Pratibha Industries 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.

Pratibha Industries's Interest Coverage for the fiscal year that ended in Mar. 2019 is calculated as

Here, for the fiscal year that ended in Mar. 2019, Pratibha Industries's Interest Expense was ₹-7,059 Mil. Its Operating Income was ₹-5,581 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹14 Mil.

Pratibha Industries did not have earnings to cover the interest expense.

Pratibha Industries's Interest Coverage for the quarter that ended in Mar. 2019 is calculated as

Here, for the three months ended in Mar. 2019, Pratibha Industries's Interest Expense was ₹-938 Mil. Its Operating Income was ₹-1,744 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹14 Mil.

Pratibha Industries 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Pratibha Industries (NSE:PRATIBHA) has a Interest Coverage of 0 (At Loss) as of Mar. 2019. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Pratibha Industries and its competitors.
Is Pratibha Industries' Interest Coverage too high?
Pratibha Industries' current Interest Coverage is 0 (At Loss). Overall, Pratibha Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Pratibha Industries' Interest Coverage compare to competitors?
Pratibha Industries' Interest Coverage of 0 (At Loss) can be compared against companies in the Construction industry. The industry median Interest Coverage is 7.81. 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 Construction company?
The median Interest Coverage among Construction companies is 7.81, based on 1,351 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 Pratibha Industries and its competitors. For the Construction industry, the median Interest Coverage is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pratibha Industries'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 Pratibha Industries stock overvalued right now?
Pratibha Industries (NSE:PRATIBHA) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Pratibha Industries' 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 Pratibha Industries (NSE:PRATIBHA), the current Interest Coverage is 0 (At Loss) as of Mar. 2019. 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.

Pratibha Industries Business Description

Address Unit No. 1/B-56 & 1/B-57, LBS Marg, Phoenix Paragon Plaza, Phoenix Market City, Kurla (W), Mumbai, MH, IND, 400 070
Pratibha Industries Ltd is an Indian-based firm. The company is engaged in designing, engineering and execution/construction of complex and integrated projects, the sale of construction materials and other related services. The company provides various solutions like integrated water transmission, water sourcing solutions, and other related solutions. In addition, the company is also involved in infrastructure development, including design and construction of railway stations and various other turnkey projects. The company operates in single Engineering, Procurement, and Construction segment. Most of its revenue comes from the Indian market.
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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