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Compania Minera Poderosa S.A. (LIM:PODERC1) Interest Coverage : 15.41 (As of Dec. 2022)


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What is Compania Minera Poderosa S.A. 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 Minera Poderosa S.A.'s Operating Income for the six months ended in Dec. 2022 was S/.633 Mil. Compania Minera Poderosa S.A.'s Interest Expense for the six months ended in Dec. 2022 was S/.-41 Mil. Compania Minera Poderosa S.A.'s interest coverage for the quarter that ended in Dec. 2022 was 15.41. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Compania Minera Poderosa S.A.'s Interest Coverage or its related term are showing as below:

LIM:PODERC1' s Interest Coverage Range Over the Past 10 Years
Min: 9.36   Med: 57.58   Max: 101.24
Current: 15.41


LIM:PODERC1's Interest Coverage is ranked worse than
76.02% of 1343 companies
in the Metals & Mining industry
Industry Median: No Debt vs LIM:PODERC1: 15.41

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 Minera Poderosa S.A. Interest Coverage Historical Data

The historical data trend for Compania Minera Poderosa S.A.'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.

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Compania Minera Poderosa S.A. Interest Coverage Chart

Compania Minera Poderosa S.A. Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.71 70.71 9.36 101.24 15.41

Compania Minera Poderosa S.A. Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 82.71 70.71 9.36 101.24 15.41

Competitive Comparison of Compania Minera Poderosa S.A.'s Interest Coverage

For the Other Precious Metals & Mining subindustry, Compania Minera Poderosa S.A.'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 Minera Poderosa S.A.'s Interest Coverage Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Compania Minera Poderosa S.A.'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Compania Minera Poderosa S.A.'s Interest Coverage falls into.



Compania Minera Poderosa S.A. 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 Minera Poderosa S.A.'s Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Compania Minera Poderosa S.A.'s Interest Expense was S/.-41 Mil. Its Operating Income was S/.633 Mil. And its Long-Term Debt & Capital Lease Obligation was S/.12 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*632.932/-41.06
=15.41

Compania Minera Poderosa S.A.'s Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Here, for the six months ended in Dec. 2022, Compania Minera Poderosa S.A.'s Interest Expense was S/.-41 Mil. Its Operating Income was S/.633 Mil. And its Long-Term Debt & Capital Lease Obligation was S/.12 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2022 )/Interest Expense (Q: Dec. 2022 )
=-1*632.932/-41.06
=15.41

* 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 Minera Poderosa S.A.  (LIM:PODERC1) 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 Minera Poderosa S.A. Interest Coverage Related Terms

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Compania Minera Poderosa S.A. (LIM:PODERC1) Business Description

Traded in Other Exchanges
N/A
Address
Avenida La Floresta No. 497 Int. 501, Urb. Chacarilla del Estanque, San Borja, Lima, PER, 09
Compania Minera Poderosa S.A. is a mining company. Its main activity is the exploration, extraction, precipitation, and melting of gold to produce bullion gold. The company is engaged in Maranon and Santa María Production Units.

Compania Minera Poderosa S.A. (LIM:PODERC1) Headlines

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