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Quint Digital (BOM:539515) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Quint Digital 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. Quint Digital's Operating Income for the three months ended in Dec. 2023 was ₹-126.8 Mil. Quint Digital's Interest Expense for the three months ended in Dec. 2023 was ₹-50.6 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 Quint Digital's Interest Coverage or its related term are showing as below:


BOM:539515's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.915
* 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.


Quint Digital Interest Coverage Historical Data

The historical data trend for Quint Digital'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.

Quint Digital Interest Coverage Chart

Quint Digital Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
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Quint Digital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Quint Digital's Interest Coverage

For the Entertainment subindustry, Quint Digital'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.


Quint Digital's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Quint Digital's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Quint Digital's Interest Coverage falls into.



Quint Digital 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.

Quint Digital's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, Quint Digital's Interest Expense was ₹-33.1 Mil. Its Operating Income was ₹-238.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹18.0 Mil.

Quint Digital did not have earnings to cover the interest expense.

Quint Digital's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Quint Digital's Interest Expense was ₹-50.6 Mil. Its Operating Income was ₹-126.8 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Quint Digital 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.


Quint Digital  (BOM:539515) 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 .


Quint Digital Interest Coverage Related Terms

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


Quint Digital (BOM:539515) Business Description

Traded in Other Exchanges
N/A
Address
Carnousties’s Building, Plot No. 1, 9th Floor, Sector 16A, Film City, Noida, UP, IND, 201301
Quint Digital Ltd Formerly Quint Digital Media Ltd is engaged in the media and entertainment industry in India and operation of other websites that act as portals to the Internet, such as media sites providing periodically updated content. The company's online platform offers news in various categories such as politics, businesses, opinions, entertainment matters, sports, technology aspects, life matters, health and fitness matters, women matters, blogs, hot wires, photos and videos, as well as India and international news.

Quint Digital (BOM:539515) Headlines

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