Rashi Peripherals (NSE:RPTECH) Interest Coverage : N/A (As of Sep. 2023)

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What is Rashi Peripherals 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. Rashi Peripherals's Operating Income for the three months ended in Sep. 2023 was ₹0 Mil. Rashi Peripherals's Interest Expense for the three months ended in Sep. 2023 was ₹0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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

NSE:RPTECH's Interest Coverage is not ranked ^*
in the Hardware industry.
Industry Median: 12.525
* 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.

Rashi Peripherals Interest Coverage Historical Data

The historical data trend for Rashi Peripherals'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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Rashi Peripherals Interest Coverage Chart

Rashi Peripherals Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Interest Coverage

2.30

7.00

5.54

3.16

Rashi Peripherals Quarterly Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Interest Coverage	Get a 7-Day Free Trial			N/A	N/A	No Debt	N/A	N/A

Competitive Comparison of Rashi Peripherals's Interest Coverage

For the Electronics & Computer Distribution subindustry, Rashi Peripherals'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.

Rashi Peripherals's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Rashi Peripherals's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Rashi Peripherals's Interest Coverage falls into.

Rashi Peripherals 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.

Rashi Peripherals'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, Rashi Peripherals's Interest Expense was ₹-846 Mil. Its Operating Income was ₹2,675 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹440 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2023 )	/	Interest Expense (A: Mar. 2023 )
	=	-1	*	2675.43	/	-845.91
	=	3.16

Rashi Peripherals's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Rashi Peripherals's Interest Expense was ₹0 Mil. Its Operating Income was ₹0 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹345 Mil.

GuruFocus does not calculate Rashi Peripherals's interest coverage with the available data.

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

Rashi Peripherals (NSE:RPTECH) 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 .

Rashi Peripherals Interest Coverage Related Terms

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Rashi Peripherals (NSE:RPTECH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Rashi Peripherals Ltd (NSE:RPTECH) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

544119:India

Address

Website

Rashi Peripherals Ltd is a distributor of information and communications technology ("ICT") products. It operates two business verticals: Personal Computing, Enterprise and Cloud Solutions ("PES"): Under this vertical it distributes personal computing devices, enterprise solutions, embedded designs/ products and cloud computing, and Lifestyle and IT essentials ("LIT"): This includes the distribution of products such as (i) components that include graphic cards, central processing units ("CPUs") and motherboards; (ii) storage and memory devices, etc. It operates in a single operating segment namely, computer systems, software and peripherals, mobiles, and cloud services.

Rashi Peripherals (NSE:RPTECH) Headlines

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