America MovilB de CV (America MovilB de CV) Interest Coverage

: 1.51 (As of Sep. 2023)

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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. America MovilB de CV's Operating Income for the three months ended in Sep. 2023 was $2,148 Mil. America MovilB de CV's Interest Expense for the three months ended in Sep. 2023 was $-1,425 Mil. America MovilB de CV's interest coverage for the quarter that ended in Sep. 2023 was 1.51. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for America MovilB de CV's Interest Coverage or its related term are showing as below:

AMX' s Interest Coverage Range Over the Past 10 Years
Min: 2.66 Med: 3.35 Max: 5.28
Current: 3.14

AMX's Interest Coverage is ranked worse than
63.79% of 290 companies
in the Telecommunication Services industry
Industry Median: 4.705 vs AMX: 3.14

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

America MovilB de CV Interest Coverage Historical Data

The historical data trend for America MovilB de CV'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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America MovilB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

3.02

3.00

3.43

3.27

5.00

America MovilB de CV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage																3.38	4.11	5.13	1.51	4.64

Competitive Comparison

For the Telecom Services subindustry, America MovilB de CV'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.

America MovilB de CV Interest Coverage Distribution

For the Telecommunication Services industry and Communication Services sector, America MovilB de CV's Interest Coverage distribution charts can be found below:

* The bar in red indicates where America MovilB de CV's Interest Coverage falls into.

America MovilB de CV 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.

America MovilB de CV's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, America MovilB de CV's Interest Expense was $-2,683 Mil. Its Operating Income was $8,764 Mil. And its Long-Term Debt & Capital Lease Obligation was $26,150 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2022 )	/	Interest Expense (A: Dec. 2022 )
	=	-1	*	8764.4	/	-2683.212
	=	3.27

America MovilB de CV's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, America MovilB de CV's Interest Expense was $-1,425 Mil. Its Operating Income was $2,148 Mil. And its Long-Term Debt & Capital Lease Obligation was $26,359 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2023 )	/	Interest Expense (Q: Sep. 2023 )
	=	-1	*	2148.069	/	-1425.48
	=	1.51

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

America MovilB de CV (NYSE:AMX) 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 .

America MovilB de CV Interest Coverage Related Terms

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America MovilB de CV (America MovilB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » America Movil SAB de CV (NYSE:AMX) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

AMXOF:USA AMX B:Mexico MV91:Germany MV91:Germany MV9L:Germany MV90:Germany AMX:Argentina

Address

Lago Zurich 245, Plaza Carso / Edificio Telcel, Colonia Ampliacion Granada, Delegacion Miguel Hidalgo, Piso 16, Mexico City, DF, MEX, 11529

Website

https://www.americamovil.com

America Movil is the largest telecom carrier in Latin America, serving about 300 million wireless customers across the region. It also provides fixed-line phone, internet access, and television services in most of the countries it serves. Mexico is the firm's largest market, providing about 35% of service revenue. Movil dominates the Mexican wireless market with more than 60% customer share and also serves about half of fixed-line internet access customers in the country. Brazil, its second most important market, provides about 20% of service revenue. Movil sold its low-margin wireless resale business in the U.S. to Verizon in 2021 and now owns a 1.4% stake in the U.S. telecom giant. The firm also holds a 57% stake in Telekom Austria and a 16% stake in Dutch carrier KPN.