Saj Hotels (NSE:SAJHOTELS) Interest Coverage : 0 (At Loss) (As of Mar. 2024)

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What is Saj Hotels 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. Saj Hotels's Operating Income for the six months ended in Mar. 2024 was ₹-6.80 Mil. Saj Hotels's Interest Expense for the six months ended in Mar. 2024 was ₹-0.52 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 Saj Hotels's Interest Coverage or its related term are showing as below:

NSE:SAJHOTELS's Interest Coverage is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 4.54
* 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.

Saj Hotels Interest Coverage Historical Data

The historical data trend for Saj Hotels'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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Saj Hotels Interest Coverage Chart

Saj Hotels Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Interest Coverage

Saj Hotels Semi-Annual Data
	Mar21	Mar22	Mar23	Mar24
Interest Coverage	-	-	-	-

Competitive Comparison of Saj Hotels's Interest Coverage

For the Resorts & Casinos subindustry, Saj Hotels'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.

Saj Hotels's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Saj Hotels's Interest Coverage distribution charts can be found below:

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

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Saj Hotels 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.

Saj Hotels'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, Saj Hotels's Interest Expense was ₹-0.52 Mil. Its Operating Income was ₹-6.80 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹3.25 Mil.

Saj Hotels did not have earnings to cover the interest expense.

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

Here, for the six months ended in Mar. 2024, Saj Hotels's Interest Expense was ₹-0.52 Mil. Its Operating Income was ₹-6.80 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹3.25 Mil.

Saj Hotels did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's Financial Strength is.

Saj Hotels (NSE:SAJHOTELS) 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 .

Saj Hotels Interest Coverage Related Terms

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

Saj Hotels Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Saj Hotels Ltd (NSE:SAJHOTELS) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bajaj Road, Office no. 102, 1st Floor, Navkar Plaza Premises Coop Society Ltd, Vile Parle (West), Mumbai, MH, IND, 400056

Website

https://www.sajresort.com

Saj Hotels Ltd is engaged in the Hospitality industry. The company provides a diverse portfolio of Business-to-Business, Business-to-business-to-customer, and Business-to-Customer hospitality offerings, spanning from traditional resort accommodation to villa rentals and restaurant and bar properties. It focuses on providing comprehensive services to guests, including food and beverage options, recreational facilities and event-hosting capabilities, reflecting a commitment to ensuring a memorable experience for its visitors. It offers various accommodation options across various destinations, each tailored to provide comfort and convenience. Its resorts have well-appointed rooms and suites, complemented by a variety of dining venues including restaurants, bars and in-room dining services.

Saj Hotels Headlines

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