GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Soquimich Comercial SA (XSGO:SOQUICOM) » Definitions » Interest Coverage

Soquimich Comercial (XSGO:SOQUICOM) Interest Coverage : 183.79 (As of Dec. 2024)


View and export this data going back to 1993. Start your Free Trial

What is Soquimich Comercial 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. Soquimich Comercial's Operating Income for the three months ended in Dec. 2024 was CLP5,248 Mil. Soquimich Comercial's Interest Expense for the three months ended in Dec. 2024 was CLP-29 Mil. Soquimich Comercial's interest coverage for the quarter that ended in Dec. 2024 was 183.79. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Soquimich Comercial SA has enough cash to cover all of its debt. Its financial situation is stable.

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

XSGO:SOQUICOM' s Interest Coverage Range Over the Past 10 Years
Min: 37.12   Med: 139.96   Max: 6293.01
Current: 89.6


XSGO:SOQUICOM's Interest Coverage is ranked better than
88.66% of 194 companies
in the Agriculture industry
Industry Median: 7.105 vs XSGO:SOQUICOM: 89.60

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


Soquimich Comercial Interest Coverage Historical Data

The historical data trend for Soquimich Comercial'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.

Soquimich Comercial Interest Coverage Chart

Soquimich Comercial 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 66.20 149.01 130.90 81.71 88.56

Soquimich Comercial 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 154.28 24.68 17.77 158.28 183.79

Competitive Comparison of Soquimich Comercial's Interest Coverage

For the Agricultural Inputs subindustry, Soquimich Comercial'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.


Soquimich Comercial's Interest Coverage Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Soquimich Comercial's Interest Coverage distribution charts can be found below:

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


;
;

Soquimich Comercial 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.

Soquimich Comercial'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, Soquimich Comercial's Interest Expense was CLP-133 Mil. Its Operating Income was CLP11,772 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP1,901 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2024 )/Interest Expense (A: Dec. 2024 )
=-1*11771.738/-132.919
=88.56

Soquimich Comercial's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Soquimich Comercial's Interest Expense was CLP-29 Mil. Its Operating Income was CLP5,248 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP1,901 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*5247.856/-28.553
=183.79

* 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.


Soquimich Comercial  (XSGO:SOQUICOM) 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 .


Soquimich Comercial Interest Coverage Related Terms

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


Soquimich Comercial Business Description

Traded in Other Exchanges
N/A
Address
4290 Los Militares Street, Las Condes, Santiago, CHL
Soquimich Comercial SA provides plant-based nutritional proposals for sustainable agriculture. The company produces, markets, distributes, and retails products for agricultural activity. It offers various products under the Qrop, QropMix, Ultrasol, Ultrasol Especial, and other brands which include specialty fertilizers, manures, nutrients, seeds, nitrates and similar salts, iodine, and chemical compounds of these products. In addition, the company also provides machinery, equipment, and capital goods destined for agricultural activity.

Soquimich Comercial Headlines

No Headlines