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Pecos Hotels And Pubs (BOM:539273) Interest Coverage : No Debt (1) (As of Sep. 2023)


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What is Pecos Hotels And Pubs 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. Pecos Hotels And Pubs's Operating Income for the six months ended in Sep. 2023 was ₹8.62 Mil. Pecos Hotels And Pubs's Interest Expense for the six months ended in Sep. 2023 was ₹0.00 Mil. Pecos Hotels And Pubs has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Pecos Hotels And Pubs 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 Pecos Hotels And Pubs's Interest Coverage or its related term are showing as below:

BOM:539273' s Interest Coverage Range Over the Past 10 Years
Min: 3.52   Med: 18.23   Max: No Debt
Current: No Debt


BOM:539273's Interest Coverage is ranked better than
98.85% of 262 companies
in the Restaurants industry
Industry Median: 7.135 vs BOM:539273: 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.


Pecos Hotels And Pubs Interest Coverage Historical Data

The historical data trend for Pecos Hotels And Pubs'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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Pecos Hotels And Pubs Interest Coverage Chart

Pecos Hotels And Pubs Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
Get a 7-Day Free Trial 1,169.00 10.10 - - 18.23

Pecos Hotels And Pubs Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 No Debt - No Debt No Debt No Debt

Competitive Comparison of Pecos Hotels And Pubs's Interest Coverage

For the Restaurants subindustry, Pecos Hotels And Pubs'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.


Pecos Hotels And Pubs's Interest Coverage Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Pecos Hotels And Pubs's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Pecos Hotels And Pubs's Interest Coverage falls into.



Pecos Hotels And Pubs 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.

Pecos Hotels And Pubs'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, Pecos Hotels And Pubs's Interest Expense was ₹-0.69 Mil. Its Operating Income was ₹12.62 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2023 )/Interest Expense (A: Mar. 2023 )
=-1*12.615/-0.692
=18.23

Pecos Hotels And Pubs's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the six months ended in Sep. 2023, Pecos Hotels And Pubs's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹8.62 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Pecos Hotels And Pubs 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.


Pecos Hotels And Pubs  (BOM:539273) 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 .


Pecos Hotels And Pubs Interest Coverage Related Terms

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


Pecos Hotels And Pubs (BOM:539273) Business Description

Traded in Other Exchanges
N/A
Address
Guardian House, Infantry Road, No. 139, 2nd Floor, Bengaluru, KA, IND, 560001
Pecos Hotels And Pubs Ltd operates in the hotels and pubs business. The company is engaged in meal-serving services along with full restaurant services.

Pecos Hotels And Pubs (BOM:539273) Headlines

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