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. Videocon Industries's
Operating Income
for the
three
months ended in Jun. 2024 was ₹-804 Mil. Videocon Industries's Interest Expense for the
three
months ended in Jun. 2024 was ₹-21,641 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Videocon Industries's Interest Coverage or its related term are showing as below:
NSE:VIDEOIND's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.89 * Ranked among companies with meaningful Interest Coverage only.
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 .
Videocon Industries Interest Coverage Related Terms
Videocon Industries Interest Coverage Historical Data
* Premium members only.
The historical data trend for Videocon Industries'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.
NSE:VIDEOIND vs FBHS, WHR, MHK: Interest Coverage Comparison
For the Oil & Gas E&P subindustry, Videocon Industries'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.
Videocon Industries Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Videocon Industries's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Videocon Industries's Interest Coverage falls into.
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:
Videocon Industries did not have earnings to cover the interest expense.
* 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.
What does a Interest Coverage of 0 (At Loss) mean?
Videocon Industries (NSE:VIDEOIND) has a Interest Coverage of 0 (At Loss) as of Jun. 2024. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Videocon Industries and its competitors.
Is Videocon Industries' Interest Coverage too high?
Videocon Industries' current Interest Coverage is 0 (At Loss). Overall, Videocon Industries has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Videocon Industries' Interest Coverage compare to FBHS and WHR?
Videocon Industries' Interest Coverage of 0 (At Loss) can be compared against companies in the Oil & Gas industry. The industry median Interest Coverage is 5.89. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.89, based on 731 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Videocon Industries and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Videocon Industries's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Videocon Industries stock overvalued right now?
Videocon Industries (NSE:VIDEOIND) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Videocon Industries' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Videocon Industries (NSE:VIDEOIND), the current Interest Coverage is 0 (At Loss) as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Videocon Industries Ltd is an India-based company that focuses on manufacturing and distributing a variety of consumer durables and extraction of crude oil and natural gas. The company is principally engaged in two business segments: consumer electronics and home appliances and crude oil and natural gas. The crude oil and natural gas segment generates the maximum revenue for the company through the extraction and production of natural oil and gas. The consumer electronics and home appliances business focuses on manufacturing products that include air conditioners, refrigerators, televisions, washing machines, and small home appliances.
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