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Indo Credit Capital (BOM:526887) Interest Coverage : No Debt (1) (As of Mar. 2025)


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What is Indo Credit Capital 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. Indo Credit Capital's Operating Income for the three months ended in Mar. 2025 was ₹0.90 Mil. Indo Credit Capital's Interest Expense for the three months ended in Mar. 2025 was ₹0.00 Mil. Indo Credit Capital has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Indo Credit Capital 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 Indo Credit Capital's Interest Coverage or its related term are showing as below:

BOM:526887' s Interest Coverage Range Over the Past 10 Years
Min: 3.06   Med: 5001.53   Max: No Debt
Current: No Debt


BOM:526887's Interest Coverage is ranked better than
99.37% of 158 companies
in the Credit Services industry
Industry Median: 65.99 vs BOM:526887: No Debt

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


Indo Credit Capital Interest Coverage Historical Data

The historical data trend for Indo Credit Capital'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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Indo Credit Capital Interest Coverage Chart

Indo Credit Capital Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - No Debt

Indo Credit Capital Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Indo Credit Capital's Interest Coverage

For the Credit Services subindustry, Indo Credit Capital'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.


Indo Credit Capital's Interest Coverage Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Indo Credit Capital's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Indo Credit Capital's Interest Coverage falls into.


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Indo Credit Capital 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.

Indo Credit Capital's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Indo Credit Capital's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-0.51 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Indo Credit Capital had no debt (1).

Indo Credit Capital's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Indo Credit Capital's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹0.90 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Indo Credit Capital had no debt (1).

* 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.


Indo Credit Capital  (BOM:526887) 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 .


Indo Credit Capital Interest Coverage Related Terms

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


Indo Credit Capital Business Description

Traded in Other Exchanges
N/A
Address
Ashram Road, 304, Kaling, Near Mount Carmel School, Behind Bata Show Room, Ahmedabad, GJ, IND, 380 009
Indo Credit Capital Ltd is an India-based non-banking financial company engaged in the business of finance and investments. It acts as a merchant banker, advisor, manager, registrar, share transfer agent, project appraiser, underwriter, portfolio manager, broker, and agent of saving schemes. It also assists in financing a variety of lease operations, hire purchases, and investment companies as well as deals in shares, securities, bonds, and debentures. Geographically, it operates in India.

Indo Credit Capital Headlines

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