GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Maritima de Inversiones SA (XSGO:MARINSA) » Definitions » Interest Coverage

Maritima de Inversiones (XSGO:MARINSA) Interest Coverage : No Debt (1) (As of Dec. 2024)


View and export this data going back to 1982. Start your Free Trial

What is Maritima de Inversiones 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. Maritima de Inversiones's Operating Income for the three months ended in Dec. 2024 was CLP188 Mil. Maritima de Inversiones's Interest Expense for the three months ended in Dec. 2024 was CLP0 Mil. Maritima de Inversiones has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Maritima de Inversiones SA has no debt.

(1) 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.

The historical rank and industry rank for Maritima de Inversiones's Interest Coverage or its related term are showing as below:

XSGO:MARINSA' s Interest Coverage Range Over the Past 10 Years
Min: 1.31   Med: 5517.16   Max: 83853.05
Current: 83853.05


XSGO:MARINSA's Interest Coverage is ranked better than
99.88% of 826 companies
in the Transportation industry
Industry Median: 5.985 vs XSGO:MARINSA: 83853.05

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


Maritima de Inversiones Interest Coverage Historical Data

The historical data trend for Maritima de Inversiones'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.

Maritima de Inversiones Interest Coverage Chart

Maritima de Inversiones Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.31 - - 5,517.16 No Debt

Maritima de Inversiones 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 3,211.26 No Debt 41,749.37 No Debt No Debt

Competitive Comparison of Maritima de Inversiones's Interest Coverage

For the Integrated Freight & Logistics subindustry, Maritima de Inversiones'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.


Maritima de Inversiones's Interest Coverage Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Maritima de Inversiones's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Maritima de Inversiones's Interest Coverage falls into.


;
;

Maritima de Inversiones 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.

Maritima de Inversiones'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, Maritima de Inversiones's Interest Expense was CLP0 Mil. Its Operating Income was CLP3,186 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP0 Mil.

Maritima de Inversiones had no debt (1).

Maritima de Inversiones's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Maritima de Inversiones's Interest Expense was CLP0 Mil. Its Operating Income was CLP188 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP0 Mil.

Maritima de Inversiones had no debt (1).

* 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.


Maritima de Inversiones  (XSGO:MARINSA) 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 .


Maritima de Inversiones Interest Coverage Related Terms

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


Maritima de Inversiones Business Description

Traded in Other Exchanges
N/A
Address
Hendaya 60, 15th Floor, Santiago, CHL
Maritima de Inversiones SA is a holding company engaged in the maritime transport, freight, and cargo and shipping services. The company focuses on maritime transport vehicles, docking, storage and other port services, and investment in related companies. It also manufactures parts of steel for mining and balls for grinding.

Maritima de Inversiones Headlines

No Headlines