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SpaceNet Enterprises India (NSE:SPCENET) Interest Coverage : 162.47 (As of Mar. 2025)


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What is SpaceNet Enterprises India 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. SpaceNet Enterprises India's Operating Income for the three months ended in Mar. 2025 was ₹41 Mil. SpaceNet Enterprises India's Interest Expense for the three months ended in Mar. 2025 was ₹-0 Mil. SpaceNet Enterprises India's interest coverage for the quarter that ended in Mar. 2025 was 162.47. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. SpaceNet Enterprises India Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for SpaceNet Enterprises India's Interest Coverage or its related term are showing as below:

NSE:SPCENET' s Interest Coverage Range Over the Past 10 Years
Min: 17.85   Med: 285.1   Max: 631.25
Current: 504.66


NSE:SPCENET's Interest Coverage is ranked better than
72.33% of 459 companies
in the Capital Markets industry
Industry Median: 20.1 vs NSE:SPCENET: 504.66

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


SpaceNet Enterprises India Interest Coverage Historical Data

The historical data trend for SpaceNet Enterprises India'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.

* Premium members only.

SpaceNet Enterprises India Interest Coverage Chart

SpaceNet Enterprises India Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 17.85 285.10 481.30 212.00

SpaceNet Enterprises India Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 181.24 446.22 594.38 70.24 162.47

Competitive Comparison of SpaceNet Enterprises India's Interest Coverage

For the Capital Markets subindustry, SpaceNet Enterprises India'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.


SpaceNet Enterprises India's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, SpaceNet Enterprises India's Interest Coverage distribution charts can be found below:

* The bar in red indicates where SpaceNet Enterprises India's Interest Coverage falls into.


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SpaceNet Enterprises India 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.

SpaceNet Enterprises India's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, SpaceNet Enterprises India's Interest Expense was ₹-1 Mil. Its Operating Income was ₹122 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹13 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*122.322/-0.577
=212.00

SpaceNet Enterprises India's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, SpaceNet Enterprises India's Interest Expense was ₹-0 Mil. Its Operating Income was ₹41 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹13 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*40.618/-0.25
=162.47

* 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.


SpaceNet Enterprises India  (NSE:SPCENET) 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 .


SpaceNet Enterprises India Interest Coverage Related Terms

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


SpaceNet Enterprises India Business Description

Traded in Other Exchanges
N/A
Address
Street No. 03, Raidurgam, Prasanth Hills, Plot No. 114, Survey No. 66/2, Gachibowli, Nav Khalsa, Serilingampally, Ranga Reddy, Hyderabad, TG, IND, 500008
SpaceNet Enterprises India Ltd is engaged in the business of development of Software tools and platforms providing fast, flexible and reliable commodities trading tools and to invest, acquire and to deal in gold, and other commodities of all kinds, agricultural or otherwise, finished or unfinished goods and to take delivery and hold them as permitted under Securities Contracts Regulation Act (SCRA) 1956 and the rules made there under and also engaged in the business of Trade finance and Fin-tech.

SpaceNet Enterprises India Headlines

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