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Cemepe Investimentos (BSP:MAPT4) Interest Coverage : No Debt (1) (As of Dec. 2024)


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What is Cemepe Investimentos 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. Cemepe Investimentos's Operating Income for the three months ended in Dec. 2024 was R$-0.01 Mil. Cemepe Investimentos's Interest Expense for the three months ended in Dec. 2024 was R$0.00 Mil. Cemepe Investimentos has no debt. The higher the ratio, the stronger the company's financial strength is.

(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 Cemepe Investimentos's Interest Coverage or its related term are showing as below:


BSP:MAPT4's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 47.71
* 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.


Cemepe Investimentos Interest Coverage Historical Data

The historical data trend for Cemepe Investimentos'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.

Cemepe Investimentos Interest Coverage Chart

Cemepe Investimentos 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 - - No Debt No Debt -

Cemepe Investimentos 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 No Debt No Debt No Debt - No Debt

Competitive Comparison of Cemepe Investimentos's Interest Coverage

For the Asset Management subindustry, Cemepe Investimentos'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.


Cemepe Investimentos's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cemepe Investimentos's Interest Coverage distribution charts can be found below:

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


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Cemepe Investimentos 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.

Cemepe Investimentos'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, Cemepe Investimentos's Interest Expense was R$-0.00 Mil. Its Operating Income was R$-0.16 Mil. And its Long-Term Debt & Capital Lease Obligation was R$0.00 Mil.

Cemepe Investimentos did not have earnings to cover the interest expense.

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

Here, for the three months ended in Dec. 2024, Cemepe Investimentos's Interest Expense was R$0.00 Mil. Its Operating Income was R$-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation was R$0.00 Mil.

Cemepe Investimentos 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.


Cemepe Investimentos  (BSP:MAPT4) 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 .


Cemepe Investimentos Interest Coverage Related Terms

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


Cemepe Investimentos Business Description

Traded in Other Exchanges
Address
Rua Dias Ferreira 190, Sala 304/parte, Rio de Janeiro, RN, BRA, 22431050
Cemepe Investimentos SA invests in other companies as a stakeholder, manages third parties' funds as well as provides technical, financial and administrative consultancy services.

Cemepe Investimentos Headlines

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