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Empresas Iansa (XSGO:IANSA) Interest Coverage : 2.17 (As of Sep. 2024)


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What is Empresas Iansa 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 Iansa's Operating Income for the three months ended in Sep. 2024 was CLP7,845 Mil. Empresas Iansa's Interest Expense for the three months ended in Sep. 2024 was CLP-3,611 Mil. Empresas Iansa's interest coverage for the quarter that ended in Sep. 2024 was 2.17. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Empresas Iansa's Interest Coverage or its related term are showing as below:

XSGO:IANSA' s Interest Coverage Range Over the Past 10 Years
Min: 0.19   Med: 1.45   Max: 6.07
Current: 1.44


XSGO:IANSA's Interest Coverage is ranked worse than
87.78% of 1448 companies
in the Consumer Packaged Goods industry
Industry Median: 8.445 vs XSGO:IANSA: 1.44

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 Iansa Interest Coverage Historical Data

The historical data trend for Empresas Iansa'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.

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Empresas Iansa Interest Coverage Chart

Empresas Iansa 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 - - - 0.98 1.45

Empresas Iansa 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 2.58 1.29 1.16 1.19 2.17

Competitive Comparison of Empresas Iansa's Interest Coverage

For the Confectioners subindustry, Empresas Iansa'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 Iansa's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Empresas Iansa's Interest Coverage distribution charts can be found below:

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



Empresas Iansa 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 Iansa'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 Iansa's Interest Expense was CLP-14,129 Mil. Its Operating Income was CLP20,469 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP134,449 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*20468.931/-14128.696
=1.45

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

Here, for the three months ended in Sep. 2024, Empresas Iansa's Interest Expense was CLP-3,611 Mil. Its Operating Income was CLP7,845 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP120,447 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*7845.202/-3611.394
=2.17

* 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 Iansa  (XSGO:IANSA) 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 Iansa Interest Coverage Related Terms

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Empresas Iansa Business Description

Traded in Other Exchanges
N/A
Address
Rosario Norte 615, Piso 23, Las Condes, Santiago, CHL
Empresas Iansa SA is an agribusiness group in Chile. The firm engages in the production, distribution, and marketing of sugar beet and other products. Its product portfolio consists of sugar, animal feed based on sugar sub-products primarily for cattle and horses, pet foods, fruit-juice concentrates, agricultural supplies and organic tomato paste.

Empresas Iansa Headlines

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