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ACS Actividades de Construccion y Servicios (ACS Actividades de Construccion y Servicios) Interest Coverage : N/A (As of Jun. 2023)


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What is ACS Actividades de Construccion y Servicios 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. ACS Actividades de Construccion y Servicios's Operating Income for the three months ended in Jun. 2023 was $0 Mil. ACS Actividades de Construccion y Servicios's Interest Expense for the three months ended in Jun. 2023 was $0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for ACS Actividades de Construccion y Servicios's Interest Coverage or its related term are showing as below:

ACSAF' s Interest Coverage Range Over the Past 10 Years
Min: 0.77   Med: 2.21   Max: 5.55
Current: 1.72


ACSAF's Interest Coverage is ranked worse than
83.45% of 1263 companies
in the Construction industry
Industry Median: 7.1 vs ACSAF: 1.72

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


ACS Actividades de Construccion y Servicios Interest Coverage Historical Data

The historical data trend for ACS Actividades de Construccion y Servicios'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.

ACS Actividades de Construccion y Servicios Interest Coverage Chart

ACS Actividades de Construccion y Servicios Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.55 5.00 - 2.02 0.77

ACS Actividades de Construccion y Servicios Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - 6.50 - No Debt N/A

Competitive Comparison of ACS Actividades de Construccion y Servicios's Interest Coverage

For the Engineering & Construction subindustry, ACS Actividades de Construccion y Servicios'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.


ACS Actividades de Construccion y Servicios's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, ACS Actividades de Construccion y Servicios's Interest Coverage distribution charts can be found below:

* The bar in red indicates where ACS Actividades de Construccion y Servicios's Interest Coverage falls into.



ACS Actividades de Construccion y Servicios 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.

ACS Actividades de Construccion y Servicios'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, ACS Actividades de Construccion y Servicios's Interest Expense was $-383 Mil. Its Operating Income was $294 Mil. And its Long-Term Debt & Capital Lease Obligation was $9,911 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*294.243/-382.521
=0.77

ACS Actividades de Construccion y Servicios's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the three months ended in Jun. 2023, ACS Actividades de Construccion y Servicios's Interest Expense was $0 Mil. Its Operating Income was $0 Mil. And its Long-Term Debt & Capital Lease Obligation was $9,930 Mil.

GuruFocus does not calculate ACS Actividades de Construccion y Servicios's interest coverage with the available data.

* 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.


ACS Actividades de Construccion y Servicios  (OTCPK:ACSAF) 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 .


ACS Actividades de Construccion y Servicios Interest Coverage Related Terms

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ACS Actividades de Construccion y Servicios (ACS Actividades de Construccion y Servicios) Business Description

Address
Avenida Pío XII n 102, Madrid, ESP, 28036
ACS Actividades de Construccion y Servicios SA completes construction and service activities for infrastructure and energy projects. In addition to infrastructure-related developments, the company constructs buildings and projects related to the mining sector. It has four operating segments: construction (majority of total revenue), Concessions, Services (which offers comprehensive maintenance services for buildings, public places and organisations) and corporate. Its services revolve around industrial engineering and operating energy, industrial, and mobility infrastructures. Additional sales are generated from aftermarket services and contracts to perform upkeep on existing structures. Approximately half of total revenue derives from the Americas.

ACS Actividades de Construccion y Servicios (ACS Actividades de Construccion y Servicios) Headlines

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