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Sunrest Lifescience (NSE:SUNREST) Interest Coverage : N/A (As of Sep. 2024)


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What is Sunrest Lifescience 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. Sunrest Lifescience's Operating Income for the three months ended in Sep. 2024 was ₹0.0 Mil. Sunrest Lifescience's Interest Expense for the three months ended in Sep. 2024 was ₹0.0 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 Sunrest Lifescience's Interest Coverage or its related term are showing as below:

NSE:SUNREST' s Interest Coverage Range Over the Past 10 Years
Min: 3.71   Med: 44.83   Max: 504.67
Current: 136.36


NSE:SUNREST's Interest Coverage is ranked better than
85.51% of 421 companies
in the Healthcare Providers & Services industry
Industry Median: 8.44 vs NSE:SUNREST: 136.36

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


Sunrest Lifescience Interest Coverage Historical Data

The historical data trend for Sunrest Lifescience'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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Sunrest Lifescience Interest Coverage Chart

Sunrest Lifescience Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
504.67 28.71 44.83 49.79 3.71

Sunrest Lifescience Quarterly Data
Mar20 Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
Interest Coverage Get a 7-Day Free Trial Premium Member Only - 155.49 114.45 N/A N/A

Competitive Comparison of Sunrest Lifescience's Interest Coverage

For the Pharmaceutical Retailers subindustry, Sunrest Lifescience'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.


Sunrest Lifescience's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Sunrest Lifescience's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sunrest Lifescience's Interest Coverage falls into.


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Sunrest Lifescience 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.

Sunrest Lifescience'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, Sunrest Lifescience's Interest Expense was ₹-2.2 Mil. Its Operating Income was ₹8.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹34.6 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*8.101/-2.183
=3.71

Sunrest Lifescience's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Sunrest Lifescience's Interest Expense was ₹0.0 Mil. Its Operating Income was ₹0.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹32.2 Mil.

GuruFocus does not calculate Sunrest Lifescience'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.


Sunrest Lifescience  (NSE:SUNREST) 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 .


Sunrest Lifescience Interest Coverage Related Terms

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


Sunrest Lifescience Business Description

Traded in Other Exchanges
N/A
Address
Vastral Road, FF-41, Ajay Tenament-6 Near Canal, Near Ritanagar Bus Stand, Ahmedabad, GJ, IND, 382415
Sunrest Lifescience Ltd is engaged in the trading business of pharmaceutical products on a wholesale and retail basis. It deals in Capsules, Tablets, Syrup, Ointment, Gel, mouthwash, Solution, Suspension, Dry Powders, and Toothpaste. Its product portfolio comprises Analgesic & Anti Pyretic3030, Antacid Anti Emetics1414, Anti Biotics1717, Anti Cough & Cold4343, Anti Fungal2929, Anti Spasmodic & Enzyme99, Creams & Ointments44, Eye, Ear Drops & Nasal Spray88, General Products2828, Glucose & Energy Drink88, Hair Care77, Lady Care55, Multi Vitamins & Haemantinics3030, Oral Care55, Skin Care2222, and Vigor and Vitality.

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