GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Luz Del Sur SAA (LIM:LUSURC1) » Definitions » Interest Coverage

Luz Del SurA (LIM:LUSURC1) Interest Coverage : 6.27 (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Luz Del SurA 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. Luz Del SurA's Operating Income for the six months ended in Dec. 2023 was S/.1,200 Mil. Luz Del SurA's Interest Expense for the six months ended in Dec. 2023 was S/.-191 Mil. Luz Del SurA's interest coverage for the quarter that ended in Dec. 2023 was 6.27. The higher the ratio, the stronger the company's financial strength is.

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

LIM:LUSURC1' s Interest Coverage Range Over the Past 10 Years
Min: 6.14   Med: 7.87   Max: 11.81
Current: 6.27


LIM:LUSURC1's Interest Coverage is ranked better than
67.21% of 430 companies
in the Utilities - Regulated industry
Industry Median: 3.595 vs LIM:LUSURC1: 6.27

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


Luz Del SurA Interest Coverage Historical Data

The historical data trend for Luz Del SurA'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.

Luz Del SurA Interest Coverage Chart

Luz Del SurA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.61 6.66 7.74 7.99 6.27

Luz Del SurA Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 8.61 6.66 7.74 7.99 6.27

Competitive Comparison of Luz Del SurA's Interest Coverage

For the Utilities - Regulated Electric subindustry, Luz Del SurA'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.


Luz Del SurA's Interest Coverage Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Luz Del SurA's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Luz Del SurA's Interest Coverage falls into.


;
;

Luz Del SurA 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.

Luz Del SurA's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Luz Del SurA's Interest Expense was S/.-191 Mil. Its Operating Income was S/.1,200 Mil. And its Long-Term Debt & Capital Lease Obligation was S/.1,315 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*1199.783/-191.365
=6.27

Luz Del SurA's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Luz Del SurA's Interest Expense was S/.-191 Mil. Its Operating Income was S/.1,200 Mil. And its Long-Term Debt & Capital Lease Obligation was S/.1,315 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*1199.783/-191.365
=6.27

* 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.


Luz Del SurA  (LIM:LUSURC1) 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 .


Luz Del SurA Interest Coverage Related Terms

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


Luz Del SurA Business Description

Traded in Other Exchanges
N/A
Address
Av Canaval y Moreyra 380, Piso 17, San Isidro, Lima, PER
Luz Del Sur SAA is a Peru-based electric power distribution company which provides service to approximately 900 thousand clients. The company also provides other services such as maintenance of internal installations and electrical networks, as well as energy diagnoses. It also focuses on expansion and improvement of the electrical grid, construction of transmission and distribution substations, and purchase of machinery and equipment.

Luz Del SurA Headlines

No Headlines