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Qualitas ControladoraB de CV (MEX:Q) Interest Coverage : No Debt (1) (As of Mar. 2025)


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What is Qualitas ControladoraB 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 EBIT by its Interest Expense. Qualitas ControladoraB de CV's EBIT for the three months ended in Mar. 2025 was MXN0 Mil. Qualitas ControladoraB de CV's Interest Expense for the three months ended in Mar. 2025 was MXN0 Mil. Qualitas ControladoraB de CV has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Qualitas Controladora SAB de CV has no debt.

(1) 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.

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

MEX:Q' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


MEX:Q's Interest Coverage is ranked better than
99.11% of 337 companies
in the Insurance industry
Industry Median: 13.91 vs MEX:Q: No Debt

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


Qualitas ControladoraB de CV Interest Coverage Historical Data

The historical data trend for Qualitas ControladoraB 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.

Qualitas ControladoraB de CV Interest Coverage Chart

Qualitas ControladoraB 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 No Debt No Debt No Debt No Debt No Debt

Qualitas ControladoraB de CV Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - No Debt No Debt No Debt No Debt

Competitive Comparison of Qualitas ControladoraB de CV's Interest Coverage

For the Insurance - Property & Casualty subindustry, Qualitas ControladoraB 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.


Qualitas ControladoraB de CV's Interest Coverage Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Qualitas ControladoraB de CV's Interest Coverage distribution charts can be found below:

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


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Qualitas ControladoraB 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 EBIT is positive, then

Interest Coverage=-1* EBIT /Interest Expense

Else if Interest Expense is negative and EBIT 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.

Qualitas ControladoraB 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, Qualitas ControladoraB de CV's Interest Expense was MXN0 Mil. Its EBIT was MXN0 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN0 Mil.

Qualitas ControladoraB de CV had no debt (1).

Qualitas ControladoraB de CV's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Qualitas ControladoraB de CV's Interest Expense was MXN0 Mil. Its EBIT was MXN0 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN0 Mil.

Qualitas ControladoraB de CV 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.


Qualitas ControladoraB de CV  (MEX:Q) 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 .


Qualitas ControladoraB de CV Interest Coverage Related Terms

Thank you for viewing the detailed overview of Qualitas ControladoraB de CV's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Qualitas ControladoraB de CV Business Description

Traded in Other Exchanges
Address
Jose Ma. Castrorena No 426, Colonia San Jose de los Cedros, Cuajimalpa, Mexico City, DF, MEX, 05200
Qualitas Controladora SAB de CV is a property and casualty insurance company. The company operates three segments: fleets, financial institutions, and other; individual; and foreign. The vast majority of the company's revenue is generated by its fleets, financial institutions, and other segment. This segment provides insurance for automobiles, heavy equipment, and mechanical breakdowns. Qualitas generates its revenue in Mexico. The company considers merger and acquisition investment as a component of its operational growth strategy.

Qualitas ControladoraB de CV Headlines

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