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Sun Retail (BOM:542025) Interest Coverage : N/A (As of Sep. 2024)


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What is Sun Retail 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. Sun Retail's Operating Income for the six months ended in Sep. 2024 was ₹-7 Mil. Sun Retail's Interest Expense for the six months ended in Sep. 2024 was ₹0 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 Sun Retail's Interest Coverage or its related term are showing as below:


BOM:542025's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.76
* 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.


Sun Retail Interest Coverage Historical Data

The historical data trend for Sun Retail'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.

Sun Retail Interest Coverage Chart

Sun Retail 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 - - - N/A N/A

Sun Retail Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 N/A N/A N/A N/A N/A

Competitive Comparison of Sun Retail's Interest Coverage

For the Packaged Foods subindustry, Sun Retail'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.


Sun Retail's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sun Retail's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sun Retail's Interest Coverage falls into.


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Sun Retail 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.

Sun Retail'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, Sun Retail's Interest Expense was ₹0 Mil. Its Operating Income was ₹2 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹21 Mil.

GuruFocus does not calculate Sun Retail's interest coverage with the available data.

Sun Retail's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the six months ended in Sep. 2024, Sun Retail's Interest Expense was ₹0 Mil. Its Operating Income was ₹-7 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹23 Mil.

GuruFocus does not calculate Sun Retail'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.


Sun Retail  (BOM:542025) 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 .


Sun Retail Interest Coverage Related Terms

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


Sun Retail Business Description

Traded in Other Exchanges
N/A
Address
Drive in Road, 722, Gala Empire, Opp. TV Tower Thaltej, Ahmedabad, GJ, IND, 380054
Sun Retail Ltd is an Indian firm engaged in the processing, packaging, and trading of various edible oils and oilseeds. The main products of the company include cottonseed oil, groundnut oil, and sunflower oil. Further, the company also performs the activity of bulk trading of palm olein oil and soyabean oil.

Sun Retail Headlines

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