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TVS Supply Chain Solutions (NSE:TVSSCS) Interest Coverage : 0.24 (As of Dec. 2024)


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What is TVS Supply Chain Solutions 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. TVS Supply Chain Solutions's Operating Income for the three months ended in Dec. 2024 was ₹96 Mil. TVS Supply Chain Solutions's Interest Expense for the three months ended in Dec. 2024 was ₹-395 Mil. TVS Supply Chain Solutions's interest coverage for the quarter that ended in Dec. 2024 was 0.24. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for TVS Supply Chain Solutions's Interest Coverage or its related term are showing as below:

NSE:TVSSCS' s Interest Coverage Range Over the Past 10 Years
Min: 0.35   Med: 1.3   Max: 1.82
Current: 1.28


NSE:TVSSCS's Interest Coverage is ranked worse than
90.94% of 839 companies
in the Transportation industry
Industry Median: 5.98 vs NSE:TVSSCS: 1.28

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


TVS Supply Chain Solutions Interest Coverage Historical Data

The historical data trend for TVS Supply Chain Solutions'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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TVS Supply Chain Solutions Interest Coverage Chart

TVS Supply Chain Solutions Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial - 0.35 1.82 1.41 1.04

TVS Supply Chain Solutions Quarterly Data
Mar19 Mar20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.52 6.41 1.22 0.52 0.24

Competitive Comparison of TVS Supply Chain Solutions's Interest Coverage

For the Integrated Freight & Logistics subindustry, TVS Supply Chain Solutions'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.


TVS Supply Chain Solutions's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, TVS Supply Chain Solutions's Interest Coverage distribution charts can be found below:

* The bar in red indicates where TVS Supply Chain Solutions's Interest Coverage falls into.


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TVS Supply Chain Solutions 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.

TVS Supply Chain Solutions'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, TVS Supply Chain Solutions's Interest Expense was ₹-1,791 Mil. Its Operating Income was ₹1,861 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹9,840 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*1860.9/-1790.8
=1.04

TVS Supply Chain Solutions's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, TVS Supply Chain Solutions's Interest Expense was ₹-395 Mil. Its Operating Income was ₹96 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*95.7/-394.8
=0.24

* 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.


TVS Supply Chain Solutions  (NSE:TVSSCS) 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 .


TVS Supply Chain Solutions Interest Coverage Related Terms

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


TVS Supply Chain Solutions Business Description

Traded in Other Exchanges
Address
No.58, Eldams road, Teynampet, Madurai, TN, IND, 600018
TVS Supply Chain Solutions Ltd is engaged in the business of providing supply chain solution services. The services provided by the company can be divided into the following segments; Integrated supply chain solutions, and Network Solutions. The maximum revenue is generated from the Integrated supply chain solutions segment which includes sourcing and procurement, integrated transportation, logistics operation centers, in-plant logistics operations, finished goods, aftermarket fulfillment, and supply chain consulting. Geographically, it derives revenue from India and the Rest of the world, of which a majority of its revenue is generated outside India from its customers located in Europe, Asia-Pacific, and North America.

TVS Supply Chain Solutions Headlines

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