C & A Modas (BSP:CEAB3) Interest Coverage : 0.99 (As of Sep. 2024)

View and export this data going back to 2019. Start your Free Trial

What is C & A Modas 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. C & A Modas's Operating Income for the three months ended in Sep. 2024 was R$128 Mil. C & A Modas's Interest Expense for the three months ended in Sep. 2024 was R$-129 Mil. C & A Modas's interest coverage for the quarter that ended in Sep. 2024 was 0.99. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for C & A Modas's Interest Coverage or its related term are showing as below:

BSP:CEAB3' s Interest Coverage Range Over the Past 10 Years
Min: 0.35 Med: 0.8 Max: 5.35
Current: 1.57

BSP:CEAB3's Interest Coverage is ranked worse than
85.12% of 773 companies
in the Retail - Cyclical industry
Industry Median: 8.25 vs BSP:CEAB3: 1.57

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

C & A Modas Interest Coverage Historical Data

The historical data trend for C & A Modas'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.

C & A Modas Interest Coverage Chart

C & A Modas Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

Get a 7-Day Free Trial

4.60

0.35

0.54

0.80

C & A Modas Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Coverage	Get a 7-Day Free Trial															0.17	3.04	0.48	1.72	0.99

Competitive Comparison of C & A Modas's Interest Coverage

For the Specialty Retail subindustry, C & A Modas'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.

C & A Modas's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, C & A Modas's Interest Coverage distribution charts can be found below:

* The bar in red indicates where C & A Modas's Interest Coverage falls into.

C & A Modas 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.

C & A Modas'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, C & A Modas's Interest Expense was R$-508 Mil. Its Operating Income was R$406 Mil. And its Long-Term Debt & Capital Lease Obligation was R$2,386 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	406.449	/	-508.274
	=	0.80

C & A Modas's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, C & A Modas's Interest Expense was R$-129 Mil. Its Operating Income was R$128 Mil. And its Long-Term Debt & Capital Lease Obligation was R$2,176 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	127.956	/	-129.044
	=	0.99

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

C & A Modas (BSP:CEAB3) 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 .

C & A Modas Interest Coverage Related Terms

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

C & A Modas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » C & A Modas SA (BSP:CEAB3) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Alameda Araguaia, 1222, Alphaville, Barueri, SP, BRA, 06455-000

Website

https://www.cea.com.br

C & A Modas SA is a fashion retail brand company in Brazil. The company has two segments retail and financial services. The company is engaged in retail trade - both offline and online - in apparel, comprised of men's clothing, women's clothing, children's and teen clothing, footwear, bags, and accessories, in addition to mobile phones, watches, costume jewelry, and cosmetics, among others. It also provides financial intermediate services in the form of credit to finance purchases, issuing credit cards and personal loans, and intermediation in brokering and promoting the distribution of insurance, saving bonds, and related products offered by insurers and other third parties offering such products. The company generates the majority of its revenue from the Retail segment.

C & A Modas Headlines

No Headlines