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IL&FS Transportation Networks (BOM:715003.PFD) Interest Coverage : 0 (At Loss) (As of Mar. 2020)


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What is IL&FS Transportation Networks 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. IL&FS Transportation Networks's Operating Income for the six months ended in Mar. 2020 was ₹-1,344.50 Mil. IL&FS Transportation Networks's Interest Expense for the six months ended in Mar. 2020 was ₹-167.00 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 IL&FS Transportation Networks's Interest Coverage or its related term are showing as below:


BOM:715003.PFD's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.1
* 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.


IL&FS Transportation Networks Interest Coverage Historical Data

The historical data trend for IL&FS Transportation Networks'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.

IL&FS Transportation Networks Interest Coverage Chart

IL&FS Transportation Networks Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.76 0.60 - -

IL&FS Transportation Networks Semi-Annual Data
Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
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 0.69 0.76 0.60 - -

Competitive Comparison of IL&FS Transportation Networks's Interest Coverage

For the Infrastructure Operations subindustry, IL&FS Transportation Networks'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.


IL&FS Transportation Networks's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, IL&FS Transportation Networks's Interest Coverage distribution charts can be found below:

* The bar in red indicates where IL&FS Transportation Networks's Interest Coverage falls into.



IL&FS Transportation Networks 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.

IL&FS Transportation Networks's Interest Coverage for the fiscal year that ended in Mar. 2020 is calculated as

Here, for the fiscal year that ended in Mar. 2020, IL&FS Transportation Networks's Interest Expense was ₹-167.00 Mil. Its Operating Income was ₹-1,344.50 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹29.80 Mil.

IL&FS Transportation Networks did not have earnings to cover the interest expense.

IL&FS Transportation Networks's Interest Coverage for the quarter that ended in Mar. 2020 is calculated as

Here, for the six months ended in Mar. 2020, IL&FS Transportation Networks's Interest Expense was ₹-167.00 Mil. Its Operating Income was ₹-1,344.50 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹29.80 Mil.

IL&FS Transportation Networks 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.


IL&FS Transportation Networks  (BOM:715003.PFD) 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 .


IL&FS Transportation Networks Interest Coverage Related Terms

Thank you for viewing the detailed overview of IL&FS Transportation Networks's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


IL&FS Transportation Networks (BOM:715003.PFD) Business Description

Traded in Other Exchanges
N/A
Address
The IL&FS Financial Centre, Plot C22, G Block, Bandra Kurla Complex, Bandra East, Mumbai, MH, IND, 400051
IL&FS Transportation Networks Ltd is in the development, implementation, construction management, operation, and management of toll roads and advisory services relating to road sector projects in India. It operates in a single business segment that is the Surface transportation business. The surface transportation business segment includes the development, operation, and facilitation of surface transportation infrastructure projects and also conceptualization, commissioning, operations, and maintenance.

IL&FS Transportation Networks (BOM:715003.PFD) Headlines

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