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Empresas Aquachile (XSGO:AQUACHILE) Interest Coverage : 186.95 (As of Dec. 2023)


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What is Empresas Aquachile 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. Empresas Aquachile's Operating Income for the three months ended in Dec. 2023 was CLP121,092 Mil. Empresas Aquachile's Interest Expense for the three months ended in Dec. 2023 was CLP-648 Mil. Empresas Aquachile's interest coverage for the quarter that ended in Dec. 2023 was 186.95. The higher the ratio, the stronger the company's financial strength is.

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

XSGO:AQUACHILE' s Interest Coverage Range Over the Past 10 Years
Min: 1.93   Med: 7.86   Max: 73.73
Current: 13.68


XSGO:AQUACHILE's Interest Coverage is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 8.47 vs XSGO:AQUACHILE: 13.68

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


Empresas Aquachile Interest Coverage Historical Data

The historical data trend for Empresas Aquachile'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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Empresas Aquachile Interest Coverage Chart

Empresas Aquachile Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.29 - 73.73 73.51 13.53

Empresas Aquachile Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.24 38.20 - - 186.95

Competitive Comparison of Empresas Aquachile's Interest Coverage

For the Farm Products subindustry, Empresas Aquachile'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.


Empresas Aquachile's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Empresas Aquachile's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Empresas Aquachile's Interest Coverage falls into.



Empresas Aquachile 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.

Empresas Aquachile'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, Empresas Aquachile's Interest Expense was CLP-6,696 Mil. Its Operating Income was CLP90,593 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP84,129 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*90593.004/-6696.399
=13.53

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

Here, for the three months ended in Dec. 2023, Empresas Aquachile's Interest Expense was CLP-648 Mil. Its Operating Income was CLP121,092 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP84,129 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*121092.13/-647.729
=186.95

* 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.


Empresas Aquachile  (XSGO:AQUACHILE) 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 .


Empresas Aquachile Interest Coverage Related Terms

Thank you for viewing the detailed overview of Empresas Aquachile's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Empresas Aquachile (XSGO:AQUACHILE) Business Description

Traded in Other Exchanges
N/A
Address
Cardonal S/N Lote B, PO BPX 30D, Puerto Montt, CHL, 5480000
Empresas Aquachile SA develops, produces and markets seafood products. Its products include Atlantic salmon, Coho salmon, Sea trout and Tilapia and Verlasso salmon. The company has stores in Santiago, Puerto Montt and Aysen.

Empresas Aquachile (XSGO:AQUACHILE) Headlines

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