ACS Actividades de Construccion y Servicios (CHIX:ACSE) Interest Coverage : 1.49 (As of Dec. 2024)

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What is ACS Actividades de Construccion y Servicios 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. ACS Actividades de Construccion y Servicios's Operating Income for the three months ended in Dec. 2024 was €692 Mil. ACS Actividades de Construccion y Servicios's Interest Expense for the three months ended in Dec. 2024 was €-464 Mil. ACS Actividades de Construccion y Servicios's interest coverage for the quarter that ended in Dec. 2024 was 1.49. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for ACS Actividades de Construccion y Servicios's Interest Coverage or its related term are showing as below:

CHIX:ACSe' s Interest Coverage Range Over the Past 10 Years
Min: 0.57 Med: 2.21 Max: 5.55
Current: 1.49

CHIX:ACSe's Interest Coverage is ranked worse than
85.94% of 1316 companies
in the Construction industry
Industry Median: 7.185 vs CHIX:ACSe: 1.49

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

ACS Actividades de Construccion y Servicios Interest Coverage Historical Data

The historical data trend for ACS Actividades de Construccion y Servicios'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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ACS Actividades de Construccion y Servicios Interest Coverage Chart

ACS Actividades de Construccion y Servicios Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Coverage

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2.02

0.57

1.66

1.10

ACS Actividades de Construccion y Servicios 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															1.37	No Debt	N/A	No Debt	1.49

Competitive Comparison of ACS Actividades de Construccion y Servicios's Interest Coverage

For the Engineering & Construction subindustry, ACS Actividades de Construccion y Servicios'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.

ACS Actividades de Construccion y Servicios's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, ACS Actividades de Construccion y Servicios's Interest Coverage distribution charts can be found below:

* The bar in red indicates where ACS Actividades de Construccion y Servicios's Interest Coverage falls into.

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ACS Actividades de Construccion y Servicios 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.

ACS Actividades de Construccion y Servicios'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, ACS Actividades de Construccion y Servicios's Interest Expense was €-843 Mil. Its Operating Income was €928 Mil. And its Long-Term Debt & Capital Lease Obligation was €10,308 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2024 )	/	Interest Expense (A: Dec. 2024 )
	=	-1	*	927.728	/	-843.316
	=	1.10

ACS Actividades de Construccion y Servicios's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, ACS Actividades de Construccion y Servicios's Interest Expense was €-464 Mil. Its Operating Income was €692 Mil. And its Long-Term Debt & Capital Lease Obligation was €10,308 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2024 )	/	Interest Expense (Q: Dec. 2024 )
	=	-1	*	691.966	/	-463.711
	=	1.49

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

ACS Actividades de Construccion y Servicios (CHIX:ACSe) 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 .

ACS Actividades de Construccion y Servicios Interest Coverage Related Terms

Thank you for viewing the detailed overview of ACS Actividades de Construccion y Servicios's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

ACS Actividades de Construccion y Servicios Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » ACS Actividades de Construccion y Servicios SA (CHIX:ACSe) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

ACSAY:USA ACSAF:USA 1ACS:Italy 0HAC:UK ACS:Spain OCI1:Germany ACS:Austria

Address

102, Avenida Pio XII, Madrid, ESP, 28036

Website

https://www.grupoacs.com

ACS Actividades de Construccion y Servicios SA completes construction and service activities for infrastructure and energy projects. In addition to infrastructure-related developments, the company constructs buildings and projects related to the mining sector. It has four operating segments: construction (majority of total revenue), Concessions, Services (which offers comprehensive maintenance services for buildings, public places and organisations) and corporate. Its services revolve around industrial engineering and operating energy, industrial, and mobility infrastructures. Additional sales are generated from aftermarket services and contracts to perform upkeep on existing structures. Approximately half of total revenue derives from the Americas.

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