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Proteak UnoPI B de CV (MEX:TEAKCPO) Interest Coverage : 0 (At Loss) (As of Dec. 2024)


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What is Proteak UnoPI B 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. Proteak UnoPI B de CV's Operating Income for the three months ended in Dec. 2024 was MXN-18 Mil. Proteak UnoPI B de CV's Interest Expense for the three months ended in Dec. 2024 was MXN-35 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 Proteak UnoPI B de CV's Interest Coverage or its related term are showing as below:


MEX:TEAKCPO's Interest Coverage is not ranked *
in the Forest Products industry.
Industry Median: 4.46
* 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.


Proteak UnoPI B de CV Interest Coverage Historical Data

The historical data trend for Proteak UnoPI B 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.

Proteak UnoPI B de CV Interest Coverage Chart

Proteak UnoPI B de CV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
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Proteak UnoPI B de CV Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 - - - - -

Competitive Comparison of Proteak UnoPI B de CV's Interest Coverage

For the Lumber & Wood Production subindustry, Proteak UnoPI B 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.


Proteak UnoPI B de CV's Interest Coverage Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Proteak UnoPI B de CV's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Proteak UnoPI B de CV's Interest Coverage falls into.


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Proteak UnoPI B 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.

Proteak UnoPI B 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, Proteak UnoPI B de CV's Interest Expense was MXN-203 Mil. Its Operating Income was MXN-179 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN53 Mil.

Proteak UnoPI B de CV did not have earnings to cover the interest expense.

Proteak UnoPI B de CV's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Proteak UnoPI B de CV's Interest Expense was MXN-35 Mil. Its Operating Income was MXN-18 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN53 Mil.

Proteak UnoPI B de CV did not have earnings to cover the interest expense.

* 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.


Proteak UnoPI B de CV  (MEX:TEAKCPO) 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 .


Proteak UnoPI B de CV Interest Coverage Related Terms

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


Proteak UnoPI B de CV Business Description

Traded in Other Exchanges
N/A
Address
Paseo de la Reforma Avenue No. 725, Colonia Lomas de Chapultepec, Mexico, DF, MEX, 11000
Proteak Uno SAPI B de CV is engaged in sustainable plantation teak and manufacturing of teak wood products. The company offers a line of teak wood products such as cutting boards, butcher block carts, counter tops, teak lumber, flooring among others.

Proteak UnoPI B de CV Headlines

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