GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Masisa SA (XSGO:MASISA) » Definitions » Interest Coverage

Masisa (XSGO:MASISA) Interest Coverage : 0.52 (As of Mar. 2025)


View and export this data going back to 2004. Start your Free Trial

What is Masisa 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. Masisa's Operating Income for the three months ended in Mar. 2025 was CLP930 Mil. Masisa's Interest Expense for the three months ended in Mar. 2025 was CLP-1,797 Mil. Masisa's interest coverage for the quarter that ended in Mar. 2025 was 0.52. The higher the ratio, the stronger the company's financial strength is.

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

XSGO:MASISA' s Interest Coverage Range Over the Past 10 Years
Min: 0.09   Med: 1.15   Max: 11.39
Current: 0.09


XSGO:MASISA's Interest Coverage is ranked worse than
97.55% of 204 companies
in the Forest Products industry
Industry Median: 4.46 vs XSGO:MASISA: 0.09

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


Masisa Interest Coverage Historical Data

The historical data trend for Masisa'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.

Masisa Interest Coverage Chart

Masisa 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 - 5.84 11.39 0.22 -

Masisa Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - 2.21 - - 0.52

Competitive Comparison of Masisa's Interest Coverage

For the Lumber & Wood Production subindustry, Masisa'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.


Masisa's Interest Coverage Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Masisa's Interest Coverage distribution charts can be found below:

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


;
;

Masisa 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.

Masisa'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, Masisa's Interest Expense was CLP-9,404 Mil. Its Operating Income was CLP-1,276 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP73,950 Mil.

Masisa did not have earnings to cover the interest expense.

Masisa's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Masisa's Interest Expense was CLP-1,797 Mil. Its Operating Income was CLP930 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP71,107 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*929.531/-1796.595
=0.52

* 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.


Masisa  (XSGO:MASISA) 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 .


Masisa Interest Coverage Related Terms

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


Masisa Business Description

Traded in Other Exchanges
N/A
Address
Avenue Apoquindo 3650, Piso 11, Las Condes, Santiago, CHL
Masisa SA produces and markets wooden boards in Latin America. The company engages in the production of the wooden board of various types particle board, medium-density fibreboard, medium density particleboard. It operates several wood board producing industrial complexes across Chile, Argentina, Brazil, Venezuela, and Mexico. Its products are mainly used for the furniture and interior architecture industries of Latin America.

Masisa Headlines

No Headlines