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Corporativo FraguaB de CV (MEX:FRAGUAB) Interest Coverage : 4.45 (As of Dec. 2024)


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What is Corporativo FraguaB de CV 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. Corporativo FraguaB de CV's Operating Income for the six months ended in Dec. 2024 was MXN4,849 Mil. Corporativo FraguaB de CV's Interest Expense for the six months ended in Dec. 2024 was MXN-1,089 Mil. Corporativo FraguaB de CV's interest coverage for the quarter that ended in Dec. 2024 was 4.45. The higher the ratio, the stronger the company's financial strength is.

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

MEX:FRAGUAB' s Interest Coverage Range Over the Past 10 Years
Min: 2.07   Med: 5.33   Max: 10.12
Current: 4.45


MEX:FRAGUAB's Interest Coverage is ranked worse than
64.64% of 427 companies
in the Healthcare Providers & Services industry
Industry Median: 8.17 vs MEX:FRAGUAB: 4.45

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


Corporativo FraguaB de CV Interest Coverage Historical Data

The historical data trend for Corporativo FraguaB 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.

* Premium members only.

Corporativo FraguaB de CV Interest Coverage Chart

Corporativo FraguaB de CV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.07 3.07 3.17 3.63 4.45

Corporativo FraguaB de CV Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 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 2.07 3.07 3.17 3.63 4.45

Competitive Comparison of Corporativo FraguaB de CV's Interest Coverage

For the Pharmaceutical Retailers subindustry, Corporativo FraguaB 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.


Corporativo FraguaB de CV's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Corporativo FraguaB de CV's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Corporativo FraguaB de CV's Interest Coverage falls into.


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Corporativo FraguaB 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.

Corporativo FraguaB de CV'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, Corporativo FraguaB de CV's Interest Expense was MXN-1,089 Mil. Its Operating Income was MXN4,849 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN2,015 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*4848.747/-1088.704
=4.45

Corporativo FraguaB de CV's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the six months ended in Dec. 2024, Corporativo FraguaB de CV's Interest Expense was MXN-1,089 Mil. Its Operating Income was MXN4,849 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN2,015 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*4848.747/-1088.704
=4.45

* 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.


Corporativo FraguaB de CV  (MEX:FRAGUAB) 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 .


Corporativo FraguaB de CV Interest Coverage Related Terms

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Corporativo FraguaB de CV Business Description

Traded in Other Exchanges
N/A
Address
Avenue Enrique Diaz de Leon 261 Nte, Colonia Refugio, Sector Hidalgo, Guadalajara, MEX, 44600
Corporativo Fragua SAB de CV is a pharmacy management company in Mexico. The company's products include grocery, flatware, exercise machines, personal care products, houseware, electronics, toys and photographic equipment, among others.

Corporativo FraguaB de CV Headlines

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