Supreme (India) Impex (NSE:SIIL) Interest Coverage: N/A (As of Mar. 2018)


What is Supreme (India) Impex 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. Supreme (India) Impex's Operating Income for the six months ended in Mar. 2018 was ₹0 Mil. Supreme (India) Impex's Interest Expense for the six months ended in Mar. 2018 was ₹0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Supreme (India) Impex's Interest Coverage or its related term are showing as below:


NSE:SIIL's Interest Coverage is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.43
* 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.

Supreme (India) Impex  (NSE:SIIL) 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 .

Supreme (India) Impex Interest Coverage Related Terms

Supreme (India) Impex Interest Coverage Historical Data

* Premium members only.

The historical data trend for Supreme (India) Impex'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.

Supreme (India) Impex Interest Coverage Chart

Supreme (India) Impex Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18
Interest Coverage
1.51 1.12 0.76 1.16 0.70

Supreme (India) Impex Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Mar18
Interest Coverage Get a 7-Day Free Trial 1.55 0.00 1.27 1.05 N/A

Supreme (India) Impex Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Supreme (India) Impex'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.

Supreme (India) Impex Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Supreme (India) Impex's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Supreme (India) Impex's Interest Coverage falls into.


Supreme (India) Impex 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.

Supreme (India) Impex's Interest Coverage for the fiscal year that ended in Mar. 2018 is calculated as

Here, for the fiscal year that ended in Mar. 2018, Supreme (India) Impex's Interest Expense was ₹-183 Mil. Its Operating Income was ₹128 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹56 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2018 )/Interest Expense (A: Mar. 2018 )
=-1*128.438/-183.253
=0.70

Supreme (India) Impex's Interest Coverage for the quarter that ended in Mar. 2018 is calculated as

Here, for the six months ended in Mar. 2018, Supreme (India) Impex's Interest Expense was ₹0 Mil. Its Operating Income was ₹0 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹56 Mil.

GuruFocus does not calculate Supreme (India) Impex's interest coverage with the available data.

* 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.

Supreme (India) Impex Business Description

Address Plot No.823/2, Supreme House, Road No.8, GIDC, Sachin, Near Sagar Hotel, Opposite Jai Jinendra Prints Pvt. Ltd, Surat, GJ, IND, 394230
Supreme (India) Impex Ltd is an India-based firm which is engaged in manufacturing, trading, and distribution of fabrics, apparels, garments, dress materials and other related textile products. The company has also ventured into computerized embroidery business on sarees, cotton and other silk cloth. In addition, the company is also engaged in retailing of readymade garments and other textile products through its retail outlets. Its product portfolio comprises of a product like Textiles, Fabrics, Yarns, Garments, and other related clothes and possesses market recognition under the brand name MALKIE. It derives revenue from the Indian market, while it also has a presence in Africa, European countries and various other countries.