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Gajra Bevel Gears (BOM:505711) Interest Coverage : N/A (As of Sep. 2021)


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What is Gajra Bevel Gears 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. Gajra Bevel Gears's Operating Income for the three months ended in Sep. 2021 was ₹-0.04 Mil. Gajra Bevel Gears's Interest Expense for the three months ended in Sep. 2021 was ₹0.00 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 Gajra Bevel Gears's Interest Coverage or its related term are showing as below:


BOM:505711's Interest Coverage is not ranked *
in the Vehicles & Parts industry.
Industry Median: 7.73
* 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.


Gajra Bevel Gears Interest Coverage Historical Data

The historical data trend for Gajra Bevel Gears'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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Gajra Bevel Gears Interest Coverage Chart

Gajra Bevel Gears Annual Data
Trend Sep11 Sep12 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Interest Coverage
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Gajra Bevel Gears Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 N/A No Debt N/A No Debt N/A

Competitive Comparison of Gajra Bevel Gears's Interest Coverage

For the Auto Parts subindustry, Gajra Bevel Gears'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.


Gajra Bevel Gears's Interest Coverage Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Gajra Bevel Gears's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Gajra Bevel Gears's Interest Coverage falls into.



Gajra Bevel Gears 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.

Gajra Bevel Gears's Interest Coverage for the fiscal year that ended in Mar. 2021 is calculated as

Here, for the fiscal year that ended in Mar. 2021, Gajra Bevel Gears's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-1.87 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹378.06 Mil.

GuruFocus does not calculate Gajra Bevel Gears's interest coverage with the available data.

Gajra Bevel Gears's Interest Coverage for the quarter that ended in Sep. 2021 is calculated as

Here, for the three months ended in Sep. 2021, Gajra Bevel Gears's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹378.06 Mil.

GuruFocus does not calculate Gajra Bevel Gears'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.


Gajra Bevel Gears  (BOM:505711) 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 .


Gajra Bevel Gears Interest Coverage Related Terms

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


Gajra Bevel Gears (BOM:505711) Business Description

Traded in Other Exchanges
N/A
Address
A. B. Road, 395-A Village Lohar Pipliya, Near Kshipra, Dewas, MP, IND, 455001
Gajra Bevel Gears Ltd is engaged in the manufacture of automotive differential gears and other related products. The company offers products such as Crown wheel pinions, Spider kit assembly, Spider, Bevel gears, Bevel pinions, Transmission gears, and cutting tools.

Gajra Bevel Gears (BOM:505711) Headlines

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