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Banco Actinver Institucion De Banca Multiple Grupo Financiero Act (MEX:FEXI21) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Banco Actinver Institucion De Banca Multiple Grupo Financiero Act 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. Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Operating Income for the six months ended in . 20 was MXN0 Mil. Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Interest Expense for the six months ended in . 20 was MXN0 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 Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Interest Coverage or its related term are showing as below:


MEX:FEXI21's Interest Coverage is not ranked *
in the REITs industry.
Industry Median: 2.96
* 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.


Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Interest Coverage Historical Data

The historical data trend for Banco Actinver Institucion De Banca Multiple Grupo Financiero Act'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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Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Interest Coverage Chart

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Annual Data
Trend Dec21 Dec22
Interest Coverage
N/A 0.29

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Semi-Annual Data
Dec22
Interest Coverage N/A

Competitive Comparison of Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Interest Coverage

For the REIT - Industrial subindustry, Banco Actinver Institucion De Banca Multiple Grupo Financiero Act'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.


Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Interest Coverage Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Interest Coverage falls into.



Banco Actinver Institucion De Banca Multiple Grupo Financiero Act 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.

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Interest Expense was MXN-2,505 Mil. Its Operating Income was MXN718 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN19,598 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*718.034/-2504.913
=0.29

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Interest Expense was MXN0 Mil. Its Operating Income was MXN0 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN0 Mil.

Banco Actinver Institucion De Banca Multiple Grupo Financiero Act had no debt (1).

* 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.


Banco Actinver Institucion De Banca Multiple Grupo Financiero Act  (MEX:FEXI21) 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 .


Banco Actinver Institucion De Banca Multiple Grupo Financiero Act Interest Coverage Related Terms

Thank you for viewing the detailed overview of Banco Actinver Institucion De Banca Multiple Grupo Financiero Act's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Banco Actinver Institucion De Banca Multiple Grupo Financiero Act (MEX:FEXI21) Business Description

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Banco Actinver SA Institucion De Banca Multiple Grupo Financiero Act is a Real Estate Investment Trust. Its portfolio consists of commercial properties, industrial properties, educational properties and offices.

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