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Fiplasto (BUE:FIPL) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Fiplasto 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. Fiplasto's Operating Income for the three months ended in Dec. 2024 was ARS-1,552 Mil. Fiplasto's Interest Expense for the three months ended in Dec. 2024 was ARS-607 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Fiplasto's Interest Coverage or its related term are showing as below:

BUE:FIPL' s Interest Coverage Range Over the Past 10 Years
Min: 0.22   Med: 0.75   Max: 4.27
Current: 0.22


BUE:FIPL's Interest Coverage is ranked worse than
97.85% of 326 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 9.325 vs BUE:FIPL: 0.22

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


Fiplasto Interest Coverage Historical Data

The historical data trend for Fiplasto'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.

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Fiplasto Interest Coverage Chart

Fiplasto Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.58 3.63 4.27 2.49

Fiplasto Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 2.68 1.43 0.48 1.21 -

Competitive Comparison of Fiplasto's Interest Coverage

For the Furnishings, Fixtures & Appliances subindustry, Fiplasto'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.


Fiplasto's Interest Coverage Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fiplasto's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Fiplasto's Interest Coverage falls into.


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Fiplasto 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.

Fiplasto's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, Fiplasto's Interest Expense was ARS-3,453 Mil. Its Operating Income was ARS8,602 Mil. And its Long-Term Debt & Capital Lease Obligation was ARS16 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2024 )/Interest Expense (A: Jun. 2024 )
=-1*8602.303/-3452.624
=2.49

Fiplasto's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Fiplasto's Interest Expense was ARS-607 Mil. Its Operating Income was ARS-1,552 Mil. And its Long-Term Debt & Capital Lease Obligation was ARS1,506 Mil.

Fiplasto did not have earnings to cover the interest expense.

* 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.


Fiplasto  (BUE:FIPL) 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 .


Fiplasto Interest Coverage Related Terms

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


Fiplasto Business Description

Traded in Other Exchanges
N/A
Address
Piso 10, Alsina 756, Buenos Aires, ARG, C1087AAL
Fiplasto SA operates in the furniture industry. The principal business activity of the company is the manufacturing and marketing of wood fiber boards. The company serves a wide variety of industries in Argentina and the world that use its hardboard products for applications as diverse as auto parts, packaging, manufacture of furniture and doors, boards, formworks for construction, exhibitors, and posters. The company has two segments, Hardboard and Furniture, where it generates the majority of its revenue from the Hardboard segment.

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