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Compania de Minas BuenaventuraA (Compania de Minas BuenaventuraA) Interest Coverage

: 0 (At Loss) (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. Compania de Minas BuenaventuraA's Operating Income for the three months ended in Sep. 2023 was $-26.6 Mil. Compania de Minas BuenaventuraA's Interest Expense for the three months ended in Sep. 2023 was $-13.4 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 Compania de Minas BuenaventuraA's Interest Coverage or its related term are showing as below:


BVN's Interest Coverage is not ranked *
in the Metals & Mining industry.
Industry Median: No Debt
* 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.


Compania de Minas BuenaventuraA Interest Coverage Historical Data

The historical data trend for Compania de Minas BuenaventuraA'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.

Compania de Minas BuenaventuraA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Compania de Minas BuenaventuraA Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Interest Coverage Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 1.14 - -

Competitive Comparison

For the Other Precious Metals & Mining subindustry, Compania de Minas BuenaventuraA'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.


Compania de Minas BuenaventuraA Interest Coverage Distribution

For the Metals & Mining industry and Basic Materials sector, Compania de Minas BuenaventuraA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Compania de Minas BuenaventuraA's Interest Coverage falls into.



Compania de Minas BuenaventuraA 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.

Compania de Minas BuenaventuraA'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, Compania de Minas BuenaventuraA's Interest Expense was $-44.1 Mil. Its Operating Income was $-129.9 Mil. And its Long-Term Debt & Capital Lease Obligation was $703.5 Mil.

Compania de Minas BuenaventuraA did not have earnings to cover the interest expense.

Compania de Minas BuenaventuraA's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Compania de Minas BuenaventuraA's Interest Expense was $-13.4 Mil. Its Operating Income was $-26.6 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.0 Mil.

Compania de Minas BuenaventuraA 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.


Compania de Minas BuenaventuraA  (NYSE:BVN) 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 .


Compania de Minas BuenaventuraA Interest Coverage Related Terms

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Compania de Minas BuenaventuraA (Compania de Minas BuenaventuraA) Business Description

Traded in Other Exchanges
Address
Las Begonias 415, 19th Floor, San Isidro, Lima, PER
Compañía de Minas Buenaventura SAA is a Peruvian precious metals producing company with experience in mine exploration, development, construction and operation activities.

Compania de Minas BuenaventuraA (Compania de Minas BuenaventuraA) Headlines