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Gasco Inversiones (XSGO:GASCOINV) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Gasco Inversiones 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. Gasco Inversiones's Operating Income for the three months ended in Dec. 2023 was CLP-1,423 Mil. Gasco Inversiones's Interest Expense for the three months ended in Dec. 2023 was CLP-1 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 Gasco Inversiones's Interest Coverage or its related term are showing as below:


XSGO:GASCOINV's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 41.32
* 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.


Gasco Inversiones Interest Coverage Historical Data

The historical data trend for Gasco Inversiones'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.

Gasco Inversiones Interest Coverage Chart

Gasco Inversiones Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Coverage
No Debt - - -

Gasco Inversiones Quarterly Data
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 - - - - -

Competitive Comparison of Gasco Inversiones's Interest Coverage

For the Asset Management subindustry, Gasco Inversiones'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.


Gasco Inversiones's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gasco Inversiones's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Gasco Inversiones's Interest Coverage falls into.



Gasco Inversiones 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.

Gasco Inversiones's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Gasco Inversiones's Interest Expense was CLP-1 Mil. Its Operating Income was CLP-1,841 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP23 Mil.

Gasco Inversiones did not have earnings to cover the interest expense.

Gasco Inversiones's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Gasco Inversiones's Interest Expense was CLP-1 Mil. Its Operating Income was CLP-1,423 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP23 Mil.

Gasco Inversiones 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.


Gasco Inversiones  (XSGO:GASCOINV) 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 .


Gasco Inversiones Interest Coverage Related Terms

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Gasco Inversiones (XSGO:GASCOINV) Business Description

Traded in Other Exchanges
N/A
Address
Santo Domingo 1061, Santiago, CHL
Gasco Inversiones SA operates as a investment management company. It is involved in the real estate assets and other investments.

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