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SAB Events & Governance Now Media (NSE:SABEVENTS) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is SAB Events & Governance Now Media 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. SAB Events & Governance Now Media's Operating Income for the three months ended in Dec. 2023 was ₹-5.23 Mil. SAB Events & Governance Now Media's Interest Expense for the three months ended in Dec. 2023 was ₹-0.07 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 SAB Events & Governance Now Media's Interest Coverage or its related term are showing as below:


NSE:SABEVENTS's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.54
* 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.


SAB Events & Governance Now Media Interest Coverage Historical Data

The historical data trend for SAB Events & Governance Now Media'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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SAB Events & Governance Now Media Interest Coverage Chart

SAB Events & Governance Now Media Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
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SAB Events & Governance Now Media Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of SAB Events & Governance Now Media's Interest Coverage

For the Publishing subindustry, SAB Events & Governance Now Media'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.


SAB Events & Governance Now Media's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, SAB Events & Governance Now Media's Interest Coverage distribution charts can be found below:

* The bar in red indicates where SAB Events & Governance Now Media's Interest Coverage falls into.



SAB Events & Governance Now Media 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.

SAB Events & Governance Now Media's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, SAB Events & Governance Now Media's Interest Expense was ₹-1.88 Mil. Its Operating Income was ₹-9.15 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.10 Mil.

SAB Events & Governance Now Media did not have earnings to cover the interest expense.

SAB Events & Governance Now Media's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, SAB Events & Governance Now Media's Interest Expense was ₹-0.07 Mil. Its Operating Income was ₹-5.23 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

SAB Events & Governance Now Media 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.


SAB Events & Governance Now Media  (NSE:SABEVENTS) 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 .


SAB Events & Governance Now Media Interest Coverage Related Terms

Thank you for viewing the detailed overview of SAB Events & Governance Now Media's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


SAB Events & Governance Now Media (NSE:SABEVENTS) Business Description

Traded in Other Exchanges
Address
New Link Road, 7th Floor, Adhikari Chambers, Oberoi Complex, Andheri (West), Mumbai, MH, IND, 400053
SAB Events & Governance Now Media Ltd is carrying out the business of Digital Media Websites & MICE It is a multi-media initiative for participatory reportage and analyses related to the governance of all institutions and processes that are vital to public life in India. It is operating in the single primary business segment of Digital Media Websites and MICE. It is available in the digital format as a portal and a video channel on YouTube. The company earns its revenue in the form of subscription, advertisement, distribution, and sponsorship.

SAB Events & Governance Now Media (NSE:SABEVENTS) Headlines

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