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Madhuveer Com 18 Network (BOM:531910) Interest Coverage : No Debt (1) (As of Dec. 2023)


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What is Madhuveer Com 18 Network 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. Madhuveer Com 18 Network's Operating Income for the three months ended in Dec. 2023 was ₹0.15 Mil. Madhuveer Com 18 Network's Interest Expense for the three months ended in Dec. 2023 was ₹0.00 Mil. Madhuveer Com 18 Network has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Madhuveer Com 18 Network Ltd has enough cash to cover all of its debt. Its financial situation is stable.

(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 Madhuveer Com 18 Network's Interest Coverage or its related term are showing as below:


BOM:531910's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.54
* 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.


Madhuveer Com 18 Network Interest Coverage Historical Data

The historical data trend for Madhuveer Com 18 Network'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.

Madhuveer Com 18 Network Interest Coverage Chart

Madhuveer Com 18 Network 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 4.14 - - 4.93 N/A

Madhuveer Com 18 Network 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 N/A No Debt No Debt No Debt

Competitive Comparison of Madhuveer Com 18 Network's Interest Coverage

For the Entertainment subindustry, Madhuveer Com 18 Network'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.


Madhuveer Com 18 Network's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Madhuveer Com 18 Network's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Madhuveer Com 18 Network's Interest Coverage falls into.



Madhuveer Com 18 Network 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.

Madhuveer Com 18 Network'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, Madhuveer Com 18 Network's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-0.36 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.14 Mil.

GuruFocus does not calculate Madhuveer Com 18 Network's interest coverage with the available data.

Madhuveer Com 18 Network's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Madhuveer Com 18 Network's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹0.15 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Madhuveer Com 18 Network 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.


Madhuveer Com 18 Network  (BOM:531910) 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 .


Madhuveer Com 18 Network Interest Coverage Related Terms

Thank you for viewing the detailed overview of Madhuveer Com 18 Network's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Madhuveer Com 18 Network (BOM:531910) Business Description

Traded in Other Exchanges
N/A
Address
Office Number 812, Anand Mangal-3, Near Hirabag, Near Rajnagar Club, Opposite Core house, Ambavadi, Ahmedabad, GJ, IND, 380015
Madhuveer Com 18 Network Ltd is an India-based company engaged in event management, entertainment, and media. The company produces, buys, sells, imports, exports, or otherwise deals in cinematographic films, television films, video films and cassettes, and other event and entertainment activities.

Madhuveer Com 18 Network (BOM:531910) Headlines

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