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MANUFACTURAS DE CEMENTO (BOG:TITAN) Interest Coverage : 0 (At Loss) (As of . 20)


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What is MANUFACTURAS DE CEMENTO 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. MANUFACTURAS DE CEMENTO's Operating Income for the three months ended in . 20 was COP0.00 Mil. MANUFACTURAS DE CEMENTO's Interest Expense for the three months ended in . 20 was COP0.00 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 MANUFACTURAS DE CEMENTO's Interest Coverage or its related term are showing as below:


BOG:TITAN's Interest Coverage is not ranked *
in the Building Materials industry.
Industry Median: 6.65
* 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.


MANUFACTURAS DE CEMENTO Interest Coverage Historical Data

The historical data trend for MANUFACTURAS DE CEMENTO'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.

MANUFACTURAS DE CEMENTO Interest Coverage Chart

MANUFACTURAS DE CEMENTO Annual Data
Trend
Interest Coverage

MANUFACTURAS DE CEMENTO Quarterly Data
Interest Coverage

Competitive Comparison of MANUFACTURAS DE CEMENTO's Interest Coverage

For the Building Materials subindustry, MANUFACTURAS DE CEMENTO'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.


MANUFACTURAS DE CEMENTO's Interest Coverage Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, MANUFACTURAS DE CEMENTO's Interest Coverage distribution charts can be found below:

* The bar in red indicates where MANUFACTURAS DE CEMENTO's Interest Coverage falls into.



MANUFACTURAS DE CEMENTO 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.

MANUFACTURAS DE CEMENTO's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, MANUFACTURAS DE CEMENTO's Interest Expense was COP0.00 Mil. Its Operating Income was COP0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was COP0.00 Mil.

MANUFACTURAS DE CEMENTO had no debt (1).

MANUFACTURAS DE CEMENTO's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the three months ended in . 20, MANUFACTURAS DE CEMENTO's Interest Expense was COP0.00 Mil. Its Operating Income was COP0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was COP0.00 Mil.

MANUFACTURAS DE CEMENTO 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.


MANUFACTURAS DE CEMENTO  (BOG:TITAN) 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 .


MANUFACTURAS DE CEMENTO Interest Coverage Related Terms

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MANUFACTURAS DE CEMENTO (BOG:TITAN) Business Description

Traded in Other Exchanges
N/A
Address
Autopista Medellin Km 2.4, Al, Occidente del Rio Bogota, Cota, COL
MANUFACTURAS DE CEMENTO SA operates in the building materials industry. The products offered by the company include beams, panels, grids, benches, pipes, box culvert, inspection wells, and sinks. The projects of the company are Crespo tunnel, sirena avenue, and box culvert lima.

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