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GetnetAdquirencia e Servicos para Meios de Pagamento Instituica (BSP:GETT4) Interest Coverage : 2.68 (As of Sep. 2022)


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What is GetnetAdquirencia e Servicos para Meios de Pagamento Instituica 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. GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Operating Income for the three months ended in Sep. 2022 was R$138 Mil. GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Interest Expense for the three months ended in Sep. 2022 was R$-51 Mil. GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's interest coverage for the quarter that ended in Sep. 2022 was 2.68. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Interest Coverage or its related term are showing as below:


BSP:GETT4's Interest Coverage is not ranked *
in the Software industry.
Industry Median: 29.01
* 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.


GetnetAdquirencia e Servicos para Meios de Pagamento Instituica Interest Coverage Historical Data

The historical data trend for GetnetAdquirencia e Servicos para Meios de Pagamento Instituica'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.

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica Interest Coverage Chart

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Interest Coverage
43.79 78.90 16.08 4.92

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.06 2.35 1.96 3.37 2.68

Competitive Comparison of GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Interest Coverage

For the Software - Infrastructure subindustry, GetnetAdquirencia e Servicos para Meios de Pagamento Instituica'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.


GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Interest Coverage Distribution in the Software Industry

For the Software industry and Technology sector, GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Interest Coverage distribution charts can be found below:

* The bar in red indicates where GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Interest Coverage falls into.



GetnetAdquirencia e Servicos para Meios de Pagamento Instituica 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.

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Interest Expense was R$-113 Mil. Its Operating Income was R$554 Mil. And its Long-Term Debt & Capital Lease Obligation was R$42 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2021 )/Interest Expense (A: Dec. 2021 )
=-1*554.479/-112.772
=4.92

GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Interest Coverage for the quarter that ended in Sep. 2022 is calculated as

Here, for the three months ended in Sep. 2022, GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Interest Expense was R$-51 Mil. Its Operating Income was R$138 Mil. And its Long-Term Debt & Capital Lease Obligation was R$33 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2022 )/Interest Expense (Q: Sep. 2022 )
=-1*137.654/-51.285
=2.68

* 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.


GetnetAdquirencia e Servicos para Meios de Pagamento Instituica  (BSP:GETT4) 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 .


GetnetAdquirencia e Servicos para Meios de Pagamento Instituica Interest Coverage Related Terms

Thank you for viewing the detailed overview of GetnetAdquirencia e Servicos para Meios de Pagamento Instituica's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


GetnetAdquirencia e Servicos para Meios de Pagamento Instituica (BSP:GETT4) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Presidente Juscelino Kubitschek, 2041, Suite 121, Block A, Condominio Wtorre JK, Vila Nova Conceicao, Sao Paulo, SP, BRA, 04543-011
Getnet Adquirencia E Servicos Para Meios De Pagamento SA is a technology company offering payment solutions to a range of merchants, from large businesses to the small entrepreneurs. Its portfolio of products includes physical solutions, such as SuperGet, POS devices, digital solutions and services.

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