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Ceramica Carabobo CA CCR (CAR:CCR) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Ceramica Carabobo CA CCR 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. Ceramica Carabobo CA CCR's Operating Income for the three months ended in . 20 was VES0.00 Mil. Ceramica Carabobo CA CCR's Interest Expense for the three months ended in . 20 was VES0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(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 Ceramica Carabobo CA CCR's Interest Coverage or its related term are showing as below:


CAR:CCR's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.03
* 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.


Ceramica Carabobo CA CCR Interest Coverage Historical Data

The historical data trend for Ceramica Carabobo CA CCR'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.

Ceramica Carabobo CA CCR Interest Coverage Chart

Ceramica Carabobo CA CCR Annual Data
Trend
Interest Coverage

Ceramica Carabobo CA CCR Quarterly Data
Interest Coverage

Competitive Comparison of Ceramica Carabobo CA CCR's Interest Coverage

For the Building Products & Equipment subindustry, Ceramica Carabobo CA CCR'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.


Ceramica Carabobo CA CCR's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ceramica Carabobo CA CCR's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ceramica Carabobo CA CCR's Interest Coverage falls into.



Ceramica Carabobo CA CCR 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.

Ceramica Carabobo CA CCR's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Ceramica Carabobo CA CCR's Interest Expense was VES0.00 Mil. Its Operating Income was VES0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was VES0.00 Mil.

Ceramica Carabobo CA CCR had no debt (1).

Ceramica Carabobo CA CCR's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the three months ended in . 20, Ceramica Carabobo CA CCR's Interest Expense was VES0.00 Mil. Its Operating Income was VES0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was VES0.00 Mil.

Ceramica Carabobo CA CCR 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.


Ceramica Carabobo CA CCR  (CAR:CCR) 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 .


Ceramica Carabobo CA CCR Interest Coverage Related Terms

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Ceramica Carabobo CA CCR (CAR:CCR) Business Description

Traded in Other Exchanges
N/A
Address
Av Lisandro Alvarado Service Street, Sector C-04, Valencia, VEN
Ceramica Carabobo CA CCR produces ceramic tiles for floors and walls in Venezuela. The company offers a wide variety of products for floor, wall, indoor and outdoor use. Its product includes Corsica, Calacatta, davinci among others.