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Empresas Hites (XSGO:HITES) Interest Coverage : 0 (At Loss) (As of Sep. 2024)


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What is Empresas Hites 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. Empresas Hites's Operating Income for the three months ended in Sep. 2024 was CLP-6,404 Mil. Empresas Hites's Interest Expense for the three months ended in Sep. 2024 was CLP-3,144 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 Empresas Hites's Interest Coverage or its related term are showing as below:


XSGO:HITES's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 8.25
* 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.


Empresas Hites Interest Coverage Historical Data

The historical data trend for Empresas Hites'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.

Empresas Hites Interest Coverage Chart

Empresas Hites Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.16 - 6.37 2.23 -

Empresas Hites Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Empresas Hites's Interest Coverage

For the Department Stores subindustry, Empresas Hites'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.


Empresas Hites's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Empresas Hites's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Empresas Hites's Interest Coverage falls into.



Empresas Hites 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.

Empresas Hites's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Empresas Hites's Interest Expense was CLP-9,564 Mil. Its Operating Income was CLP-23,405 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP118,598 Mil.

Empresas Hites did not have earnings to cover the interest expense.

Empresas Hites's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Empresas Hites's Interest Expense was CLP-3,144 Mil. Its Operating Income was CLP-6,404 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP180,574 Mil.

Empresas Hites 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.


Empresas Hites  (XSGO:HITES) 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 .


Empresas Hites Interest Coverage Related Terms

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


Empresas Hites Business Description

Traded in Other Exchanges
N/A
Address
Moneda 970, Piso 4, Santiago, CHL
Empresas Hites SA is a Chile based firm. It owns and manages a network of stores and department stores that offers products such as women, men and children apparel, toys, computers & electronics, technology, furniture, home related products and among others. It also offers sales financing and portfolio management services.

Empresas Hites Headlines

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