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BLS Infotech (BOM:531175) Interest Coverage : No Debt (1) (As of Dec. 2023)


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What is BLS Infotech 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. BLS Infotech's Operating Income for the three months ended in Dec. 2023 was ₹-0.39 Mil. BLS Infotech's Interest Expense for the three months ended in Dec. 2023 was ₹0.00 Mil. BLS Infotech has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

BLS Infotech 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 BLS Infotech's Interest Coverage or its related term are showing as below:

BOM:531175' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


BOM:531175's Interest Coverage is ranked better than
97.25% of 182 companies
in the Education industry
Industry Median: 15.465 vs BOM:531175: 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.


BLS Infotech Interest Coverage Historical Data

The historical data trend for BLS Infotech'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.

BLS Infotech Interest Coverage Chart

BLS Infotech 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 No Debt No Debt No Debt No Debt No Debt

BLS Infotech 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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of BLS Infotech's Interest Coverage

For the Education & Training Services subindustry, BLS Infotech'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.


BLS Infotech's Interest Coverage Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, BLS Infotech's Interest Coverage distribution charts can be found below:

* The bar in red indicates where BLS Infotech's Interest Coverage falls into.



BLS Infotech 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.

BLS Infotech'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, BLS Infotech's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-1.45 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

BLS Infotech had no debt (1).

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

Here, for the three months ended in Dec. 2023, BLS Infotech's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-0.39 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

BLS Infotech 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.


BLS Infotech  (BOM:531175) 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 .


BLS Infotech Interest Coverage Related Terms

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


BLS Infotech (BOM:531175) Business Description

Traded in Other Exchanges
N/A
Address
1 / 1A Upper Wood Street, Kolkata, WB, IND, 700017
BLS Infotech Ltd is the provider of IT-enabled and related IT services. In addition, the company also engaged in the trading of computers and their peripherals. The company also supply of software kits as per the requirements of its customers and supply of hardware peripherals in a capacity as order suppliers. Substantial revenue is generated from the Indian market. The company is engaged in the business of promoting skill-based knowledge in the field of computer education and have its center in Orissa.

BLS Infotech (BOM:531175) Headlines

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