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Vasa Retail & Overseas (NSE:VASA) Interest Coverage : N/A (As of Mar. 2024)


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What is Vasa Retail & Overseas 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. Vasa Retail & Overseas's Operating Income for the six months ended in Mar. 2024 was ₹0.00 Mil. Vasa Retail & Overseas's Interest Expense for the six months ended in Mar. 2024 was ₹0.00 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 Vasa Retail & Overseas's Interest Coverage or its related term are showing as below:


NSE:VASA's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 15.56
* Ranked among companies with meaningful Interest Coverage only.

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


Vasa Retail & Overseas Interest Coverage Historical Data

The historical data trend for Vasa Retail & Overseas'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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Vasa Retail & Overseas Interest Coverage Chart

Vasa Retail & Overseas Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 - - N/A -

Vasa Retail & Overseas Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Oct17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23 Mar24
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 - - - N/A N/A

Competitive Comparison of Vasa Retail & Overseas's Interest Coverage

For the Business Equipment & Supplies subindustry, Vasa Retail & Overseas'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.


Vasa Retail & Overseas's Interest Coverage Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vasa Retail & Overseas's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vasa Retail & Overseas's Interest Coverage falls into.


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Vasa Retail & Overseas 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.

Vasa Retail & Overseas'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, Vasa Retail & Overseas's Interest Expense was ₹-0.00 Mil. Its Operating Income was ₹-2.48 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹111.58 Mil.

Vasa Retail & Overseas did not have earnings to cover the interest expense.

Vasa Retail & Overseas's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the six months ended in Mar. 2024, Vasa Retail & Overseas's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹111.58 Mil.

GuruFocus does not calculate Vasa Retail & Overseas'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.


Vasa Retail & Overseas  (NSE:VASA) 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 .


Vasa Retail & Overseas Interest Coverage Related Terms

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Vasa Retail & Overseas Business Description

Traded in Other Exchanges
N/A
Address
Bhulabhai Desai Road, 23, 5th Floor, Plot 76, Cumballa Hill, Mumbai, MH, IND, 400026
Vasa Retail & Overseas Ltd is a company engaged in the manufacture and sale of stationeries and raw materials. The company mainly deals in artistic materials, hobby colors, scholastic colors, scholastic stationery, paper, office products, drawing instruments, writing instruments, office stationery, adhesives, notebooks, office supplies and writing instruments, books, pens, pencils, erasers, files, bags, and bottles. In addition, it is also involved in procuring bag fabric and supplying it to the other bag manufacturers.

Vasa Retail & Overseas Headlines

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