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Agni Systems (DHA:AGNISYSL) Interest Coverage : 19.47 (As of Mar. 2024)


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What is Agni Systems 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. Agni Systems's Operating Income for the three months ended in Mar. 2024 was BDT30.6 Mil. Agni Systems's Interest Expense for the three months ended in Mar. 2024 was BDT-1.6 Mil. Agni Systems's interest coverage for the quarter that ended in Mar. 2024 was 19.47. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Agni Systems's Interest Coverage or its related term are showing as below:

DHA:AGNISYSL' s Interest Coverage Range Over the Past 10 Years
Min: 6.52   Med: 14.41   Max: 45.02
Current: 17.2


DHA:AGNISYSL's Interest Coverage is ranked better than
78.35% of 291 companies
in the Telecommunication Services industry
Industry Median: 4.47 vs DHA:AGNISYSL: 17.20

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


Agni Systems Interest Coverage Historical Data

The historical data trend for Agni Systems'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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Agni Systems Interest Coverage Chart

Agni Systems Annual Data
Trend Jun13 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.06 24.41 13.75 15.75 20.35

Agni Systems Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 19.36 21.12 14.33 15.92 19.47

Competitive Comparison of Agni Systems's Interest Coverage

For the Telecom Services subindustry, Agni Systems'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.


Agni Systems's Interest Coverage Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Agni Systems's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Agni Systems's Interest Coverage falls into.



Agni Systems 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.

Agni Systems's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, Agni Systems's Interest Expense was BDT-4.6 Mil. Its Operating Income was BDT93.7 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT28.4 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2023 )/Interest Expense (A: Jun. 2023 )
=-1*93.73/-4.607
=20.35

Agni Systems's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Agni Systems's Interest Expense was BDT-1.6 Mil. Its Operating Income was BDT30.6 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT34.9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*30.632/-1.573
=19.47

* 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.


Agni Systems  (DHA:AGNISYSL) 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 .


Agni Systems Interest Coverage Related Terms

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


Agni Systems (DHA:AGNISYSL) Business Description

Traded in Other Exchanges
N/A
Address
45, Gulshan Avenue, Gulshan 1, Navana Tower, 11th Floor, Suite A, Dhaka, BGD, 1212
Agni Systems Ltd is an internet service provider. It offers services such as Internet Connectivity, Data Connectivity, Find a Domain, Voice Call Solution, Web Solution, Hosting Solution, P2P Radios, and Email Solution. The majority of its revenue comes from ICX service, Internet service, Software & Hardware sales, and other installation and workstation services. All of its revenues are generated in Bangladesh.

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