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Electrica Puntilla (XSGO:PUNTILLA) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Electrica Puntilla 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. Electrica Puntilla's Operating Income for the three months ended in Mar. 2024 was CLP-339 Mil. Electrica Puntilla's Interest Expense for the three months ended in Mar. 2024 was CLP-359 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 Electrica Puntilla's Interest Coverage or its related term are showing as below:


XSGO:PUNTILLA'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.


Electrica Puntilla Interest Coverage Historical Data

The historical data trend for Electrica Puntilla'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.

Electrica Puntilla Interest Coverage Chart

Electrica Puntilla 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 3.05 4.79 4.37 7.01 1.17

Electrica Puntilla Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.11 2.94 - - -

Competitive Comparison of Electrica Puntilla's Interest Coverage

For the Utilities - Regulated Electric subindustry, Electrica Puntilla'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.


Electrica Puntilla's Interest Coverage Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Electrica Puntilla's Interest Coverage distribution charts can be found below:

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



Electrica Puntilla 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.

Electrica Puntilla'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, Electrica Puntilla's Interest Expense was CLP-1,413 Mil. Its Operating Income was CLP1,650 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP13,776 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*1650.132/-1413.058
=1.17

Electrica Puntilla's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Electrica Puntilla's Interest Expense was CLP-359 Mil. Its Operating Income was CLP-339 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP13,588 Mil.

Electrica Puntilla 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.


Electrica Puntilla  (XSGO:PUNTILLA) 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 .


Electrica Puntilla Interest Coverage Related Terms

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


Electrica Puntilla (XSGO:PUNTILLA) Business Description

Traded in Other Exchanges
N/A
Address
Orinoco number 90, 11th floor, Las Condes, Santiago, CHL
Electrica Puntilla SA is engaged in generation of electricity through its hydroelectric power plants located close to Santiago. Its business activity includes acquisition, construction and exploitation of all types of plants and facilities destined to the production, transport, distribution, sale and use in any hydraulic form and of electric power.

Electrica Puntilla (XSGO:PUNTILLA) Headlines

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