Baazar Style Retail (NSE:STYLEBAAZA) Interest Coverage : 0.49 (As of Mar. 2025)

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What is Baazar Style Retail 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. Baazar Style Retail's Operating Income for the three months ended in Mar. 2025 was ₹105 Mil. Baazar Style Retail's Interest Expense for the three months ended in Mar. 2025 was ₹-217 Mil. Baazar Style Retail's interest coverage for the quarter that ended in Mar. 2025 was 0.49. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Baazar Style Retail Ltd interest coverage is 1.25, which is low.

The historical rank and industry rank for Baazar Style Retail's Interest Coverage or its related term are showing as below:

NSE:STYLEBAAZA' s Interest Coverage Range Over the Past 10 Years
Min: 0.01 Med: 1.09 Max: 1.39
Current: 1.25

NSE:STYLEBAAZA's Interest Coverage is ranked worse than
88.71% of 788 companies
in the Retail - Cyclical industry
Industry Median: 8.08 vs NSE:STYLEBAAZA: 1.25

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

Baazar Style Retail Interest Coverage Historical Data

The historical data trend for Baazar Style Retail'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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Baazar Style Retail Interest Coverage Chart

Baazar Style Retail Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Mar25

Interest Coverage

0.01

0.51

1.09

1.39

1.30

Baazar Style Retail Quarterly Data
	Mar21	Mar22	Mar23	Sep23	Dec23	Mar24	Sep24	Dec24	Mar25
Interest Coverage	Get a 7-Day Free Trial				4.99	0.28	0.12	3.24	0.49

Competitive Comparison of Baazar Style Retail's Interest Coverage

For the Apparel Retail subindustry, Baazar Style Retail'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.

Baazar Style Retail's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Baazar Style Retail's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Baazar Style Retail's Interest Coverage falls into.

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Baazar Style Retail 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.

Baazar Style Retail'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, Baazar Style Retail's Interest Expense was ₹-690 Mil. Its Operating Income was ₹897 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹7,941 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2025 )	/	Interest Expense (A: Mar. 2025 )
	=	-1	*	896.905	/	-690.325
	=	1.30

Baazar Style Retail's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Baazar Style Retail's Interest Expense was ₹-217 Mil. Its Operating Income was ₹105 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹7,941 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	105.34	/	-216.889
	=	0.49

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

Baazar Style Retail (NSE:STYLEBAAZA) 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 .

Baazar Style Retail Interest Coverage Related Terms

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

Baazar Style Retail Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Baazar Style Retail Ltd (NSE:STYLEBAAZA) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

544243:India

Address

Street Number 11, DN Block, Sector V, P S Srijan Tech Park, DN-52, 12th Floor, Salt Lake, North 24 Parganas, Kolkata, WB, IND, 700091

Website

https://www.stylebaazar.in

Baazar Style Retail Ltd is a value fashion retailer. The majority of its stores are operated under the brand name Style Bazaar. Its offerings are bifurcated under the apparels and general merchandise verticals. Within the apparels vertical, the company offers garments for men, women, boys, girls and infants, whereas its general merchandise offerings include both non-apparels and home furnishing products.

Baazar Style Retail Headlines

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