Corporacion Mexicana de RestaurantesB de CV (MEX:CMRB) Interest Coverage: 0.07 (As of Dec. 2019)

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MEX:CMRB Corporacion Mexicana de Restaurantes SAB de CV MEX:CMRB
23 GF Score
Price MXN1.40
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What is Corporacion Mexicana de RestaurantesB de CV Interest Coverage?

Corporacion Mexicana de RestaurantesB de CV MEX:CMRB -1.41% 23 Interest Coverage is 0.07 as of Dec. 2019. GuruFocus rates MEX:CMRB with a GF Score™ of 23/100. Among 262 Restaurants companies, Corporacion Mexicana de RestaurantesB de CV ranks worse than 381679.01% on this metric.

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. Corporacion Mexicana de RestaurantesB de CV's Operating Income for the six months ended in Dec. 2019 was MXN12 Mil. Corporacion Mexicana de RestaurantesB de CV's Interest Expense for the six months ended in Dec. 2019 was MXN-175 Mil. Corporacion Mexicana de RestaurantesB de CV's interest coverage for the quarter that ended in Dec. 2019 was 0.07. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Corporacion Mexicana de RestaurantesB de CV's Interest Coverage or its related term are showing as below:


MEX:CMRB's Interest Coverage is not ranked *
in the Restaurants industry.
Industry Median: 6.57
* 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.


Corporacion Mexicana de RestaurantesB de CV  (MEX:CMRB) 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 .


Corporacion Mexicana de RestaurantesB de CV Interest Coverage Related Terms


Corporacion Mexicana de RestaurantesB de CV Interest Coverage Historical Data

* Premium members only.

The historical data trend for Corporacion Mexicana de RestaurantesB de CV'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.

Corporacion Mexicana de RestaurantesB de CV Interest Coverage Chart

Corporacion Mexicana de RestaurantesB de CV Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 0.00 0.00 0.00 0.07

Corporacion Mexicana de RestaurantesB de CV Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
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 1.87 0.00 0.00 0.00 0.07

MEX:CMRB vs MCD, SBUX, YUM: Interest Coverage Comparison

For the Restaurants subindustry, Corporacion Mexicana de RestaurantesB de CV'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.


Corporacion Mexicana de RestaurantesB de CV Interest Coverage vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Corporacion Mexicana de RestaurantesB de CV's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Corporacion Mexicana de RestaurantesB de CV's Interest Coverage falls into.


MEX:CMRB
23GF Score
Corporacion Mexicana de Restaurantes SAB de CV MEX:CMRB
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Corporacion Mexicana de RestaurantesB de CV 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.

Corporacion Mexicana de RestaurantesB de CV's Interest Coverage for the fiscal year that ended in Dec. 2019 is calculated as

Here, for the fiscal year that ended in Dec. 2019, Corporacion Mexicana de RestaurantesB de CV's Interest Expense was MXN-175 Mil. Its Operating Income was MXN12 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN1,501 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2019 )/Interest Expense (A: Dec. 2019 )
=-1*12.254/-175.201
=0.07

Corporacion Mexicana de RestaurantesB de CV's Interest Coverage for the quarter that ended in Dec. 2019 is calculated as

Here, for the six months ended in Dec. 2019, Corporacion Mexicana de RestaurantesB de CV's Interest Expense was MXN-175 Mil. Its Operating Income was MXN12 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN1,501 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2019 )/Interest Expense (Q: Dec. 2019 )
=-1*12.254/-175.201
=0.07

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0.07 mean?
Corporacion Mexicana de RestaurantesB de CV (MEX:CMRB) has a Interest Coverage of 0.07 as of Dec. 2019. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Corporacion Mexicana de RestaurantesB de CV and its competitors. According to the industry distribution chart, Corporacion Mexicana de RestaurantesB de CV ranks #999999 out of 262 companies in the Restaurants industry.
Is Corporacion Mexicana de RestaurantesB de CV's Interest Coverage too high?
Corporacion Mexicana de RestaurantesB de CV's current Interest Coverage is 0.07. The Restaurants industry median Interest Coverage is 6.57. Corporacion Mexicana de RestaurantesB de CV's value of 0.07 is 98.9% below this industry median. Based on the distribution chart, Corporacion Mexicana de RestaurantesB de CV ranks #999999 out of 262 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Corporacion Mexicana de RestaurantesB de CV has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Corporacion Mexicana de RestaurantesB de CV's Interest Coverage compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Corporacion Mexicana de RestaurantesB de CV ranks #999999 out of 262 companies for Interest Coverage. This places Corporacion Mexicana de RestaurantesB de CV in the lower half of its industry. The industry median Interest Coverage is 6.57. Corporacion Mexicana de RestaurantesB de CV's value of 0.07 is 98.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Restaurants company?
The median Interest Coverage among Restaurants companies is 6.57, based on 262 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Corporacion Mexicana de RestaurantesB de CV's current Interest Coverage of 0.07 is 98.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Corporacion Mexicana de RestaurantesB de CV and its competitors. For the Restaurants industry, the median Interest Coverage is 6.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corporacion Mexicana de RestaurantesB de CV's current Interest Coverage is 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corporacion Mexicana de RestaurantesB de CV stock overvalued right now?
Corporacion Mexicana de RestaurantesB de CV (MEX:CMRB) has a current Interest Coverage of 0.07. The current Interest Coverage is 0.07 and 98.9% below the Restaurants industry median of 6.57. Corporacion Mexicana de RestaurantesB de CV's overall GF Score™ is 23/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Corporacion Mexicana de RestaurantesB de CV (MEX:CMRB), the current Interest Coverage is 0.07 as of Dec. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Corporacion Mexicana de RestaurantesB de CV Business Description

Address Lago Hielmar No 44, Col. Anahuac, Del Miguel Hidalgo, MEX, 11320
Corporacion Mexicana de Restaurantes SAB de CV is engaged in casual dining. The company operates more than 100 restaurants throughout Mexico.
23GF Score

Get the complete analysis for MEX:CMRB

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1.40
Price