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Empresa de Serviciosntitarios de Los Lagos (XSGO:ESSAL-B) Interest Coverage : 6.35 (As of Mar. 2021)


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What is Empresa de Serviciosntitarios de Los Lagos 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. Empresa de Serviciosntitarios de Los Lagos's Operating Income for the three months ended in Mar. 2021 was CLP5,673.25 Mil. Empresa de Serviciosntitarios de Los Lagos's Interest Expense for the three months ended in Mar. 2021 was CLP-893.93 Mil. Empresa de Serviciosntitarios de Los Lagos's interest coverage for the quarter that ended in Mar. 2021 was 6.35. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Empresa de Serviciosntitarios de Los Lagos's Interest Coverage or its related term are showing as below:


XSGO:ESSAL-B's Interest Coverage is not ranked *
in the Utilities - Regulated industry.
Industry Median: 3.87
* 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.


Empresa de Serviciosntitarios de Los Lagos Interest Coverage Historical Data

The historical data trend for Empresa de Serviciosntitarios de Los Lagos'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.

Empresa de Serviciosntitarios de Los Lagos Interest Coverage Chart

Empresa de Serviciosntitarios de Los Lagos Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.50 5.54 5.34 4.32 3.16

Empresa de Serviciosntitarios de Los Lagos Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 3.82 6.79 1.39 1.20 6.35

Competitive Comparison of Empresa de Serviciosntitarios de Los Lagos's Interest Coverage

For the Utilities - Regulated Water subindustry, Empresa de Serviciosntitarios de Los Lagos'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.


Empresa de Serviciosntitarios de Los Lagos's Interest Coverage Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Empresa de Serviciosntitarios de Los Lagos's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Empresa de Serviciosntitarios de Los Lagos's Interest Coverage falls into.



Empresa de Serviciosntitarios de Los Lagos 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.

Empresa de Serviciosntitarios de Los Lagos's Interest Coverage for the fiscal year that ended in Dec. 2020 is calculated as

Here, for the fiscal year that ended in Dec. 2020, Empresa de Serviciosntitarios de Los Lagos's Interest Expense was CLP-3,659.29 Mil. Its Operating Income was CLP11,545.78 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP98,722.77 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2020 )/Interest Expense (A: Dec. 2020 )
=-1*11545.782/-3659.288
=3.16

Empresa de Serviciosntitarios de Los Lagos's Interest Coverage for the quarter that ended in Mar. 2021 is calculated as

Here, for the three months ended in Mar. 2021, Empresa de Serviciosntitarios de Los Lagos's Interest Expense was CLP-893.93 Mil. Its Operating Income was CLP5,673.25 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP99,601.08 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2021 )/Interest Expense (Q: Mar. 2021 )
=-1*5673.254/-893.927
=6.35

* 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.


Empresa de Serviciosntitarios de Los Lagos  (XSGO:ESSAL-B) 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 .


Empresa de Serviciosntitarios de Los Lagos Interest Coverage Related Terms

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


Empresa de Serviciosntitarios de Los Lagos (XSGO:ESSAL-B) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Covadonga No. 52, Puerto Montt, CHL
Empresa de Servicios Santitarios de Los Lagos SA provides drinking water and wastewater services. Its services include drinking water, sewerage, liquid industrial waste treatment, and feasibilities.

Empresa de Serviciosntitarios de Los Lagos (XSGO:ESSAL-B) Headlines

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