Tree House Education & Accessories (BOM:533540) Interest Coverage : No Debt ⁽¹⁾ (As of Mar. 2024)

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What is Tree House Education & Accessories 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. Tree House Education & Accessories's Operating Income for the three months ended in Mar. 2024 was ₹-5.40 Mil. Tree House Education & Accessories's Interest Expense for the three months ended in Mar. 2024 was ₹0.00 Mil. Tree House Education & Accessories 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. Tree House Education & Accessories 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 Tree House Education & Accessories's Interest Coverage or its related term are showing as below:

BOM:533540' s Interest Coverage Range Over the Past 10 Years
Min: 1.32 Med: 6.64 Max: No Debt
Current: No Debt

BOM:533540's Interest Coverage is ranked better than
97.24% of 181 companies
in the Education industry
Industry Median: 15.51 vs BOM:533540: 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.

Tree House Education & Accessories Interest Coverage Historical Data

The historical data trend for Tree House Education & Accessories'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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Tree House Education & Accessories Interest Coverage Chart

Tree House Education & Accessories Annual Data

Trend

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Interest Coverage

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No Debt

Tree House Education & Accessories Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Coverage	Get a 7-Day Free Trial															-	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Tree House Education & Accessories's Interest Coverage

For the Education & Training Services subindustry, Tree House Education & Accessories'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.

Tree House Education & Accessories's Interest Coverage Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Tree House Education & Accessories's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Tree House Education & Accessories's Interest Coverage falls into.

Tree House Education & Accessories 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.

Tree House Education & Accessories's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, Tree House Education & Accessories's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-5.50 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Tree House Education & Accessories had no debt ⁽¹⁾.

Tree House Education & Accessories's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Tree House Education & Accessories's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-5.40 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Tree House Education & Accessories had no debt ⁽¹⁾.

The higher the ratio, the stronger the company's Financial Strength is.

Tree House Education & Accessories (BOM:533540) 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 .

Tree House Education & Accessories Interest Coverage Related Terms

Thank you for viewing the detailed overview of Tree House Education & Accessories's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Tree House Education & Accessories (BOM:533540) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Tree House Education & Accessories Ltd (BOM:533540) » Definitions » Interest Coverage

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TREEHOUSE:India

Address

Dadabhai Road, 101, Sapphire Plaza, Opposite CNMS School, Vile Parle (West), Mumbai, MH, IND, 400056

Website

https://www.treehouseplaygroup.net

Tree House Education & Accessories Ltd provides providing education and related services including leasing of education infrastructure services in India. The group offers pre-primary education services and Education support services. It has a curriculum designed in-house using a combination of Playway and Montessori methods. Apart from reading, writing, and arithmetic it also teaches life skills and value education. In addition, the group provides various activities including playing with toys, listening to music, socio-dramatic plays, creative crafts and festival celebrations. It operates playgroup, nursery, junior kindergarten (KG), senior KG, summer camp, teachers training course, hobby class and daycare services.

Tree House Education & Accessories (BOM:533540) Headlines

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Tree House Education & Accessories (BOM:533540) Interest Coverage : No Debt (1) (As of Mar. 2024)