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Hydroelectricity Investment and Development Company (XNEP:HIDCL) Interest Coverage : 0 (At Loss) (As of Jan. 2025)


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What is Hydroelectricity Investment and Development Company 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. Hydroelectricity Investment and Development Company's Operating Income for the three months ended in Jan. 2025 was NPR-35.87 Mil. Hydroelectricity Investment and Development Company's Interest Expense for the three months ended in Jan. 2025 was NPR-3.23 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 Hydroelectricity Investment and Development Company's Interest Coverage or its related term are showing as below:


XNEP:HIDCL's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 46.1
* 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.


Hydroelectricity Investment and Development Company Interest Coverage Historical Data

The historical data trend for Hydroelectricity Investment and Development Company'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.

* Premium members only.

Hydroelectricity Investment and Development Company Interest Coverage Chart

Hydroelectricity Investment and Development Company Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A - - - -

Hydroelectricity Investment and Development Company Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 Premium Member Only Premium Member Only Premium Member Only N/A N/A 5.47 - -

Competitive Comparison of Hydroelectricity Investment and Development Company's Interest Coverage

For the Asset Management subindustry, Hydroelectricity Investment and Development Company'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.


Hydroelectricity Investment and Development Company's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Hydroelectricity Investment and Development Company's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hydroelectricity Investment and Development Company's Interest Coverage falls into.


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Hydroelectricity Investment and Development Company 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.

Hydroelectricity Investment and Development Company's Interest Coverage for the fiscal year that ended in Jul. 2024 is calculated as

Here, for the fiscal year that ended in Jul. 2024, Hydroelectricity Investment and Development Company's Interest Expense was NPR-11.45 Mil. Its Operating Income was NPR-56.85 Mil. And its Long-Term Debt & Capital Lease Obligation was NPR104.03 Mil.

Hydroelectricity Investment and Development Company did not have earnings to cover the interest expense.

Hydroelectricity Investment and Development Company's Interest Coverage for the quarter that ended in Jan. 2025 is calculated as

Here, for the three months ended in Jan. 2025, Hydroelectricity Investment and Development Company's Interest Expense was NPR-3.23 Mil. Its Operating Income was NPR-35.87 Mil. And its Long-Term Debt & Capital Lease Obligation was NPR65.48 Mil.

Hydroelectricity Investment and Development Company 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.

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


Hydroelectricity Investment and Development Company  (XNEP:HIDCL) 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 .


Hydroelectricity Investment and Development Company Interest Coverage Related Terms

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Hydroelectricity Investment and Development Company Business Description

Traded in Other Exchanges
N/A
Address
Nagarik Lagani Kosh Bhawan, 4th Floor, New Baneshwor, Kathmandu, NPL
Hydroelectricity Investment and Development Company Ltd mobilizes funds from domestic and international resource base to cater to the needs of investments in the middle to mega hydroelectricity generation, transmission, and distribution projects. The company operates and generates revenue within Nepal.

Hydroelectricity Investment and Development Company Headlines

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