Teamo Productions HQ (NSE:TPHQ) Interest Coverage : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is Teamo Productions HQ 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. Teamo Productions HQ's Operating Income for the three months ended in Mar. 2024 was ₹34 Mil. Teamo Productions HQ's Interest Expense for the three months ended in Mar. 2024 was ₹0 Mil. Teamo Productions HQ has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Teamo Productions HQ Ltd has no debt.

(1) 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.

The historical rank and industry rank for Teamo Productions HQ's Interest Coverage or its related term are showing as below:

NSE:TPHQ' s Interest Coverage Range Over the Past 10 Years
Min: 34.27 Med: 400.22 Max: 766.18
Current: 766.18

NSE:TPHQ's Interest Coverage is ranked better than
95.06% of 1256 companies
in the Construction industry
Industry Median: 7.035 vs NSE:TPHQ: 766.18

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

Teamo Productions HQ Interest Coverage Historical Data

The historical data trend for Teamo Productions HQ'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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Teamo Productions HQ Interest Coverage Chart

Teamo Productions HQ Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Coverage

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34.27

766.16

Teamo Productions HQ Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Coverage	Get a 7-Day Free Trial															-	90.25	No Debt	No Debt	No Debt

Competitive Comparison of Teamo Productions HQ's Interest Coverage

For the Engineering & Construction subindustry, Teamo Productions HQ'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.

Teamo Productions HQ's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Teamo Productions HQ's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Teamo Productions HQ's Interest Coverage falls into.

Teamo Productions HQ 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.

Teamo Productions HQ'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, Teamo Productions HQ's Interest Expense was ₹-0 Mil. Its Operating Income was ₹39 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2024 )	/	Interest Expense (A: Mar. 2024 )
	=	-1	*	39.074	/	-0.051
	=	766.16

Teamo Productions HQ's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Teamo Productions HQ's Interest Expense was ₹0 Mil. Its Operating Income was ₹34 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Teamo Productions HQ had no debt ⁽¹⁾.

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

Teamo Productions HQ (NSE:TPHQ) 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 .

Teamo Productions HQ Interest Coverage Related Terms

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

Teamo Productions HQ (NSE:TPHQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Teamo Productions HQ Ltd (NSE:TPHQ) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

533048:India

Address

Unit 1308, Aggarwal Corporate Heights, Netaji Subhash Palace, North West Delhi, Delhi, IND, 110034

Website

http://www.giesl.in

Teamo Productions HQ Ltd Formerly GI Engineering Solutions Ltd provides Information Technology, Engineering Services, and other related services. its services include civil engineering, land planning, land surveying, and landscape architecture services. It provides offshore engineering solutions for the Residential Design industry that include planned unit developments, apartment complexes, and single-family site condominiums; for the Commercial/Industrial Design industry that includes industrial subdivisions, and commercial and industrial site plans; for Water/Waste Water Industry that includes septic system monitoring, package treatment plants, water treatment; and for Master Planning industry that include construction supervision, pedestrian and vehicular campuses, among others.

Teamo Productions HQ (NSE:TPHQ) Headlines

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Teamo Productions HQ (NSE:TPHQ) Interest Coverage : No Debt (1) (As of Mar. 2024)