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DAPS advertising (BOM:543651) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is DAPS advertising 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. DAPS advertising's Operating Income for the six months ended in Mar. 2024 was ₹-0.5 Mil. DAPS advertising's Interest Expense for the six months ended in Mar. 2024 was ₹-0.3 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for DAPS advertising's Interest Coverage or its related term are showing as below:

BOM:543651' s Interest Coverage Range Over the Past 10 Years
Min: 0.8   Med: 10.44   Max: 49.57
Current: 10.44


BOM:543651's Interest Coverage is ranked worse than
51.63% of 614 companies
in the Media - Diversified industry
Industry Median: 11.615 vs BOM:543651: 10.44

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


DAPS advertising Interest Coverage Historical Data

The historical data trend for DAPS advertising'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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DAPS advertising Interest Coverage Chart

DAPS advertising Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
3.23 0.80 10.84 49.57 10.44

DAPS advertising Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Interest Coverage Get a 7-Day Free Trial N/A 45.85 53.25 24.83 -

Competitive Comparison of DAPS advertising's Interest Coverage

For the Advertising Agencies subindustry, DAPS advertising'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.


DAPS advertising's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, DAPS advertising's Interest Coverage distribution charts can be found below:

* The bar in red indicates where DAPS advertising's Interest Coverage falls into.



DAPS advertising 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.

DAPS advertising'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, DAPS advertising's Interest Expense was ₹-0.5 Mil. Its Operating Income was ₹5.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1.2 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*5.326/-0.51
=10.44

DAPS advertising's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the six months ended in Mar. 2024, DAPS advertising's Interest Expense was ₹-0.3 Mil. Its Operating Income was ₹-0.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1.2 Mil.

DAPS advertising did not have earnings to cover the interest expense.

* 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.


DAPS advertising  (BOM:543651) 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 .


DAPS advertising Interest Coverage Related Terms

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


DAPS advertising (BOM:543651) Business Description

Traded in Other Exchanges
N/A
Address
Office No. 9-B, The Mall, 128, Clyde House, Kanpur, UP, IND, 208001
DAPS advertising Ltd is engaged in the business of providing advertising agency services. The company offers a range of advertising media services consisting of print media, electronic media and outdoor media services which cover advertisement modes such as newspapers, brochures, magazines, television channels, FM channels and display of outdoor hoardings and others.

DAPS advertising (BOM:543651) Headlines

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