GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Compania de Transporte de Energia Electrica en Alta Tension Transener SA (BUE:TRAN) » Definitions » Interest Coverage

Compania de Transporte de Energia Electrica en Alta Tension Transener (BUE:TRAN) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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

What is Compania de Transporte de Energia Electrica en Alta Tension Transener 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. Compania de Transporte de Energia Electrica en Alta Tension Transener's Operating Income for the three months ended in Dec. 2023 was ARS-5,200 Mil. Compania de Transporte de Energia Electrica en Alta Tension Transener's Interest Expense for the three months ended in Dec. 2023 was ARS-333 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 Compania de Transporte de Energia Electrica en Alta Tension Transener's Interest Coverage or its related term are showing as below:

BUE:TRAN' s Interest Coverage Range Over the Past 10 Years
Min: 0.63   Med: 5.68   Max: 16.41
Current: 11.3


BUE:TRAN's Interest Coverage is ranked better than
77.15% of 442 companies
in the Utilities - Regulated industry
Industry Median: 3.715 vs BUE:TRAN: 11.30

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


Compania de Transporte de Energia Electrica en Alta Tension Transener Interest Coverage Historical Data

The historical data trend for Compania de Transporte de Energia Electrica en Alta Tension Transener'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.

Compania de Transporte de Energia Electrica en Alta Tension Transener Interest Coverage Chart

Compania de Transporte de Energia Electrica en Alta Tension Transener 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 13.39 8.38 2.98 2.63 16.41

Compania de Transporte de Energia Electrica en Alta Tension Transener Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 71.95 21.88 30.08 -

Competitive Comparison of Compania de Transporte de Energia Electrica en Alta Tension Transener's Interest Coverage

For the Utilities - Regulated Electric subindustry, Compania de Transporte de Energia Electrica en Alta Tension Transener'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.


Compania de Transporte de Energia Electrica en Alta Tension Transener's Interest Coverage Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Compania de Transporte de Energia Electrica en Alta Tension Transener's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Compania de Transporte de Energia Electrica en Alta Tension Transener's Interest Coverage falls into.



Compania de Transporte de Energia Electrica en Alta Tension Transener 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.

Compania de Transporte de Energia Electrica en Alta Tension Transener'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, Compania de Transporte de Energia Electrica en Alta Tension Transener's Interest Expense was ARS-836 Mil. Its Operating Income was ARS13,717 Mil. And its Long-Term Debt & Capital Lease Obligation was ARS640 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*13717.282/-836.109
=16.41

Compania de Transporte de Energia Electrica en Alta Tension Transener's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Compania de Transporte de Energia Electrica en Alta Tension Transener's Interest Expense was ARS-333 Mil. Its Operating Income was ARS-5,200 Mil. And its Long-Term Debt & Capital Lease Obligation was ARS640 Mil.

Compania de Transporte de Energia Electrica en Alta Tension Transener 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.


Compania de Transporte de Energia Electrica en Alta Tension Transener  (BUE:TRAN) 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 .


Compania de Transporte de Energia Electrica en Alta Tension Transener Interest Coverage Related Terms

Thank you for viewing the detailed overview of Compania de Transporte de Energia Electrica en Alta Tension Transener's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Compania de Transporte de Energia Electrica en Alta Tension Transener (BUE:TRAN) Business Description

Traded in Other Exchanges
N/A
Address
Piso 6, Avenida Paseo Colon 728, Buenos Aires, ARG, C1063ACU
Compania de Transporte de Energia Electrica en Alta Tension Transener SA is a producer and distributor of high-voltage electric power in the Argentine Republic. It also offers lines and substations maintenance and transmission works supervision and inspection, engineering and consulting, transportation system extension, and testing and commissioning services among others.

Compania de Transporte de Energia Electrica en Alta Tension Transener (BUE:TRAN) Headlines

No Headlines