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Bolsas Y Mercados Argentinos (BUE:BYMA) Interest Coverage : 1,295.30 (As of Mar. 2025)


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What is Bolsas Y Mercados Argentinos 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. Bolsas Y Mercados Argentinos's Operating Income for the three months ended in Mar. 2025 was ARS29,432 Mil. Bolsas Y Mercados Argentinos's Interest Expense for the three months ended in Mar. 2025 was ARS-23 Mil. Bolsas Y Mercados Argentinos's interest coverage for the quarter that ended in Mar. 2025 was 1,295.30. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Bolsas Y Mercados Argentinos SA has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Bolsas Y Mercados Argentinos's Interest Coverage or its related term are showing as below:

BUE:BYMA' s Interest Coverage Range Over the Past 10 Years
Min: 9.74   Med: 23.72   Max: 6590.62
Current: 6590.62


BUE:BYMA's Interest Coverage is ranked better than
77.51% of 458 companies
in the Capital Markets industry
Industry Median: 19.755 vs BUE:BYMA: 6590.62

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


Bolsas Y Mercados Argentinos Interest Coverage Historical Data

The historical data trend for Bolsas Y Mercados Argentinos'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.

Bolsas Y Mercados Argentinos Interest Coverage Chart

Bolsas Y Mercados Argentinos Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial 10.18 11.29 9.74 5,205.75 22.59

Bolsas Y Mercados Argentinos Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2,257.94 1,896.42 2,259.34 - 1,295.30

Competitive Comparison of Bolsas Y Mercados Argentinos's Interest Coverage

For the Capital Markets subindustry, Bolsas Y Mercados Argentinos'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.


Bolsas Y Mercados Argentinos's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bolsas Y Mercados Argentinos's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bolsas Y Mercados Argentinos's Interest Coverage falls into.


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Bolsas Y Mercados Argentinos 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.

Bolsas Y Mercados Argentinos's Interest Coverage for the fiscal year that ended in Dec. 2024 is calculated as

Here, for the fiscal year that ended in Dec. 2024, Bolsas Y Mercados Argentinos's Interest Expense was ARS-3,728 Mil. Its Operating Income was ARS84,231 Mil. And its Long-Term Debt & Capital Lease Obligation was ARS0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*84230.544/-3728.369
=22.59

Bolsas Y Mercados Argentinos's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Bolsas Y Mercados Argentinos's Interest Expense was ARS-23 Mil. Its Operating Income was ARS29,432 Mil. And its Long-Term Debt & Capital Lease Obligation was ARS0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*29431.773/-22.722
=1,295.30

* 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.


Bolsas Y Mercados Argentinos  (BUE:BYMA) 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 .


Bolsas Y Mercados Argentinos Interest Coverage Related Terms

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


Bolsas Y Mercados Argentinos Business Description

Traded in Other Exchanges
N/A
Address
25 de Mayo 359, CABA, ARG, C1002ABG
Bolsas Y Mercados Argentinos SA offers transactions, liquidity, custody, pre and post negotiation through capital market platform. Additionally, it also offers Trading Platform Millennium together with quality and security Standards applied in the main Markets around the world.

Bolsas Y Mercados Argentinos Headlines

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