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Dabur India (BOM:500096) Interest Coverage : 15.65 (As of Dec. 2023)


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What is Dabur India 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. Dabur India's Operating Income for the three months ended in Dec. 2023 was ₹5,709 Mil. Dabur India's Interest Expense for the three months ended in Dec. 2023 was ₹-365 Mil. Dabur India's interest coverage for the quarter that ended in Dec. 2023 was 15.65. The higher the ratio, the stronger the company's financial strength is.

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

BOM:500096' s Interest Coverage Range Over the Past 10 Years
Min: 17.44   Med: 34.42   Max: 73.36
Current: 17.44


BOM:500096's Interest Coverage is ranked better than
63.94% of 1370 companies
in the Consumer Packaged Goods industry
Industry Median: 8.56 vs BOM:500096: 17.44

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


Dabur India Interest Coverage Historical Data

The historical data trend for Dabur India'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.

Dabur India Interest Coverage Chart

Dabur India Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.82 38.33 73.36 62.27 26.85

Dabur India Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 28.50 13.52 20.90 19.99 15.65

Competitive Comparison of Dabur India's Interest Coverage

For the Household & Personal Products subindustry, Dabur India'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.


Dabur India's Interest Coverage Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Dabur India's Interest Coverage falls into.



Dabur India 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.

Dabur India'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, Dabur India's Interest Expense was ₹-691 Mil. Its Operating Income was ₹18,565 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹4,432 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2023 )/Interest Expense (A: Mar. 2023 )
=-1*18565.1/-691.4
=26.85

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

Here, for the three months ended in Dec. 2023, Dabur India's Interest Expense was ₹-365 Mil. Its Operating Income was ₹5,709 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*5709.3/-364.9
=15.65

* 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.


Dabur India  (BOM:500096) 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 .


Dabur India Interest Coverage Related Terms

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


Dabur India (BOM:500096) Business Description

Traded in Other Exchanges
Address
Dabur Corporate Office, Kaushambi, Sahibabad, Ghaziabad, UP, IND, 201010
Dabur India Ltd is an Indian FMCG company. Dabur operates in various consumer product categories: hair care, oral care, healthcare, skin care, home and personal care foods. Its portfolio includes the following separate brand identities, promoting a product category: Dabur, for natural healthcare products; Real, for fruit juices and drinks; Vatika, for premium personal care; Hajmola, for digestives; and Fem for skin-care products. Dabur's products are sold in both India and overseas, in over 120 countries. Its overseas revenue accounts for approximately one third of total revenue.

Dabur India (BOM:500096) Headlines

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