Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Interest Coverage: 3.74 (As of Mar. 2026) — 100% Below Median

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BSP:CSMG3 Compania de Saneamento de Minas Gerais - COPASA MG BSP:CSMG3
83 GF Score
Price R$63.16
GF Value R$25.12
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Compania deneamento de Minas Gerais - COPASA MG Interest Coverage?

Compania deneamento de Minas Gerais - COPASA MG BSP:CSMG3 -1.07% 83 Interest Coverage is 3.74 as of Mar. 2026, which is 100% below its 10-year median of 907.57. GuruFocus rates BSP:CSMG3 with a GF Score™ of 83/100 and a GF Value™ of R$25.12 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 449 Utilities - Regulated companies, Compania deneamento de Minas Gerais - COPASA MG ranks better than 57.91% on this metric.

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 deneamento de Minas Gerais - COPASA MG's Operating Income for the three months ended in Mar. 2026 was R$546 Mil. Compania deneamento de Minas Gerais - COPASA MG's Interest Expense for the three months ended in Mar. 2026 was R$-146 Mil. Compania deneamento de Minas Gerais - COPASA MG's interest coverage for the quarter that ended in Mar. 2026 was 3.74. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Compania deneamento de Minas Gerais - COPASA MG's Interest Coverage or its related term are showing as below:

BSP:CSMG3' s Interest Coverage Range Over the Past 10 Years
Min: 4.2   Med: 907.57   Max: 4264.2
Current: 4.83


BSP:CSMG3's Interest Coverage is ranked better than
57.91% of 449 companies
in the Utilities - Regulated industry
Industry Median: 3.82 vs BSP:CSMG3: 4.83

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 deneamento de Minas Gerais - COPASA MG  (BSP:CSMG3) 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 deneamento de Minas Gerais - COPASA MG Interest Coverage Related Terms


Compania deneamento de Minas Gerais - COPASA MG Interest Coverage Historical Data

* Premium members only.

The historical data trend for Compania deneamento de Minas Gerais - COPASA MG'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.

Compania deneamento de Minas Gerais - COPASA MG Interest Coverage Chart

Compania deneamento de Minas Gerais - COPASA MG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,133.86 4,264.20 274.63 6.01 4.20

Compania deneamento de Minas Gerais - COPASA MG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.73 916.61 3.49 4.11 3.74

BSP:CSMG3 vs AWK, WTRG, AWR: Interest Coverage Comparison

For the Utilities - Regulated Water subindustry, Compania deneamento de Minas Gerais - COPASA MG'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 deneamento de Minas Gerais - COPASA MG Interest Coverage vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Compania deneamento de Minas Gerais - COPASA MG's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Compania deneamento de Minas Gerais - COPASA MG's Interest Coverage falls into.


BSP:CSMG3
83GF Score
Compania de Saneamento de Minas Gerais - COPASA MG BSP:CSMG3
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Compania deneamento de Minas Gerais - COPASA MG 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 deneamento de Minas Gerais - COPASA MG's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Compania deneamento de Minas Gerais - COPASA MG's Interest Expense was R$-524 Mil. Its Operating Income was R$2,200 Mil. And its Long-Term Debt & Capital Lease Obligation was R$6,904 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*2199.678/-524.297
=4.20

Compania deneamento de Minas Gerais - COPASA MG's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Compania deneamento de Minas Gerais - COPASA MG's Interest Expense was R$-146 Mil. Its Operating Income was R$546 Mil. And its Long-Term Debt & Capital Lease Obligation was R$8,593 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*545.936/-146.036
=3.74

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 3.74 mean?
Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) has a Interest Coverage of 3.74 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Compania deneamento de Minas Gerais - COPASA MG and its competitors. This is 100% below median its historical median of 907.57. Over the past decade, Compania deneamento de Minas Gerais - COPASA MG's Interest Coverage has ranged from 4.20 to 4,264.20. According to the industry distribution chart, Compania deneamento de Minas Gerais - COPASA MG ranks #189 out of 449 companies in the Utilities - Regulated industry, placing it in the top 42.1%.
Is Compania deneamento de Minas Gerais - COPASA MG's Interest Coverage too high?
Compania deneamento de Minas Gerais - COPASA MG's current Interest Coverage of 3.74 is 100% below median its 10-year median of 907.57. Over the past 10 years, this metric has ranged from a low of 4.20 to a high of 4,264.20. The Utilities - Regulated industry median Interest Coverage is 3.82. Compania deneamento de Minas Gerais - COPASA MG's value of 3.74 is 2.1% below this industry median. Based on the distribution chart, Compania deneamento de Minas Gerais - COPASA MG ranks #189 out of 449 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Compania deneamento de Minas Gerais - COPASA MG has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Compania deneamento de Minas Gerais - COPASA MG's Interest Coverage compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Compania deneamento de Minas Gerais - COPASA MG ranks #189 out of 449 companies for Interest Coverage. This puts Compania deneamento de Minas Gerais - COPASA MG in the upper half of its industry. The industry median Interest Coverage is 3.82. Compania deneamento de Minas Gerais - COPASA MG's value of 3.74 is 2.1% below this benchmark. Historically, Compania deneamento de Minas Gerais - COPASA MG's own Interest Coverage has ranged from 4.20 to 4,264.20 over the past decade. While the company's 10-year median is 907.57 vs. the industry median of 3.82, Compania deneamento de Minas Gerais - COPASA MG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Utilities - Regulated company?
The median Interest Coverage among Utilities - Regulated companies is 3.82, based on 449 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Compania deneamento de Minas Gerais - COPASA MG's current Interest Coverage of 3.74 is 2.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Compania deneamento de Minas Gerais - COPASA MG and its competitors. For the Utilities - Regulated industry, the median Interest Coverage is 3.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Compania deneamento de Minas Gerais - COPASA MG's current Interest Coverage is 3.74, which is 100% below median its own 10-year median of 907.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Compania deneamento de Minas Gerais - COPASA MG stock overvalued right now?
Based on GuruFocus' analysis, Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$25.12, compared to a current price of R$63.16 — trading 151.4% above its estimated fair value. The current Interest Coverage is 3.74, which is 100% below median its 10-year median of 907.57 and 2.1% below the Utilities - Regulated industry median of 3.82. Compania deneamento de Minas Gerais - COPASA MG's overall GF Score™ is 83/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3), the current Interest Coverage is 3.74 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Overvalued in 2026?

Based on GuruFocus' analysis, Compania deneamento de Minas Gerais - COPASA MG stock appears to be overvalued. The current stock price of R$63.16 is trading 151.4% above its estimated GF Value™ of R$25.12. GuruFocus considers Compania deneamento de Minas Gerais - COPASA MG to be Significantly Overvalued.

Key valuation signals for BSP:CSMG3:

  • Interest Coverage: 3.74 (100% below median its 10-year median of 907.57)
  • GF Value™: R$25.12 vs. price of R$63.16 (151.4% above fair value)
  • GF Score™: 83/100 with 9 warning signs
  • Industry Position: 2.1% below the Utilities - Regulated median (#189 of 449)

No single metric tells the full story. See the BSP:CSMG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Compania deneamento de Minas Gerais - COPASA MG Business Description

Address Rua Mar de Espanha 525, Santo Antonio, Belo Horizonte, MG, BRA, 30330900
Compania de Saneamento de Minas Gerais - COPASA MG provides water supply, sewage, and solid waste services. The company operates out of subsidiaries COPASA Servicos de Irrigacao S.A., COPASA Aguas Minerais de Minas S.A, and COPANOR. COPASA Servicos de Irrigacao S.A. manages, performs, and sells irrigation system services. COPASA Aguas Minerais de Minas S.A. produces, bottles, distributes, and sells mineral water. COPANOR provides water supply and sewage treatment services across the North and Northeast regions of the State of Minas Gerais. A majority of revenue is derived from water services while the rest is derived from sewage services. The company operates out of Brazil, where an amount of revenue is generated.
83GF Score

Get the complete analysis for BSP:CSMG3

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$63.16
Price
R$25.12
GF Value