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Barbeque-Nation Hospitality (BOM:543283) Interest Coverage : 1.31 (As of Dec. 2023)


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What is Barbeque-Nation Hospitality 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. Barbeque-Nation Hospitality's Operating Income for the three months ended in Dec. 2023 was ₹249 Mil. Barbeque-Nation Hospitality's Interest Expense for the three months ended in Dec. 2023 was ₹-190 Mil. Barbeque-Nation Hospitality's interest coverage for the quarter that ended in Dec. 2023 was 1.31. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Barbeque-Nation Hospitality's Interest Coverage or its related term are showing as below:

BOM:543283' s Interest Coverage Range Over the Past 10 Years
Min: 0.11   Med: 1.03   Max: 1.3
Current: 0.52


BOM:543283's Interest Coverage is ranked worse than
95% of 260 companies
in the Restaurants industry
Industry Median: 7.17 vs BOM:543283: 0.52

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


Barbeque-Nation Hospitality Interest Coverage Historical Data

The historical data trend for Barbeque-Nation Hospitality'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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Barbeque-Nation Hospitality Interest Coverage Chart

Barbeque-Nation Hospitality Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
Get a 7-Day Free Trial 1.03 0.42 - 0.11 1.24

Barbeque-Nation Hospitality Quarterly Data
Mar18 Mar19 Mar20 Jun20 Sep20 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 1.30 0.26 0.49 - 1.31

Competitive Comparison of Barbeque-Nation Hospitality's Interest Coverage

For the Restaurants subindustry, Barbeque-Nation Hospitality'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.


Barbeque-Nation Hospitality's Interest Coverage Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Barbeque-Nation Hospitality's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Barbeque-Nation Hospitality's Interest Coverage falls into.



Barbeque-Nation Hospitality 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.

Barbeque-Nation Hospitality'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, Barbeque-Nation Hospitality's Interest Expense was ₹-695 Mil. Its Operating Income was ₹865 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹6,075 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2023 )/Interest Expense (A: Mar. 2023 )
=-1*864.54/-695.34
=1.24

Barbeque-Nation Hospitality's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Barbeque-Nation Hospitality's Interest Expense was ₹-190 Mil. Its Operating Income was ₹249 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*248.6/-189.98
=1.31

* 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.


Barbeque-Nation Hospitality  (BOM:543283) 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 .


Barbeque-Nation Hospitality Interest Coverage Related Terms

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Barbeque-Nation Hospitality (BOM:543283) Business Description

Traded in Other Exchanges
Address
Sarjapur Road, Unit No. 601 & 602, 6th Floor, Doddakannalli Village, Varthur Hobli, Bengaluru, KA, IND, 560035
Barbeque-Nation Hospitality Ltd is a casual dining restaurant in India. It offers the best quality of food offerings, ambiance, and services to customers. It also owns and operates TItalian restaurants (under the brand name of Toscano, Collage, and La Terrace) and UBQ by Barbeque Nation. The company's only segment is setting up and managing restaurant business. Geographically, it derives a majority of revenue from India.

Barbeque-Nation Hospitality (BOM:543283) Headlines

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