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Grupo Casas Bahia (Grupo Casas Bahia) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Grupo Casas Bahia 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. Grupo Casas Bahia's Operating Income for the three months ended in Dec. 2023 was $-101 Mil. Grupo Casas Bahia's Interest Expense for the three months ended in Dec. 2023 was $-108 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 Grupo Casas Bahia's Interest Coverage or its related term are showing as below:


VIAYY's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.85
* 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.


Grupo Casas Bahia Interest Coverage Historical Data

The historical data trend for Grupo Casas Bahia'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.

Grupo Casas Bahia Interest Coverage Chart

Grupo Casas Bahia 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 0.22 2.54 0.35 0.68 -

Grupo Casas Bahia 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 0.66 0.58 0.33 - -

Competitive Comparison of Grupo Casas Bahia's Interest Coverage

For the Specialty Retail subindustry, Grupo Casas Bahia'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.


Grupo Casas Bahia's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Grupo Casas Bahia's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Grupo Casas Bahia's Interest Coverage falls into.



Grupo Casas Bahia 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.

Grupo Casas Bahia'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, Grupo Casas Bahia's Interest Expense was $-439 Mil. Its Operating Income was $-102 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,029 Mil.

Grupo Casas Bahia did not have earnings to cover the interest expense.

Grupo Casas Bahia's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Grupo Casas Bahia's Interest Expense was $-108 Mil. Its Operating Income was $-101 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,029 Mil.

Grupo Casas Bahia 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.


Grupo Casas Bahia  (OTCPK:VIAYY) 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 .


Grupo Casas Bahia Interest Coverage Related Terms

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


Grupo Casas Bahia (Grupo Casas Bahia) Business Description

Traded in Other Exchanges
Address
Eldorado Business Tower Avenue, 8501 – 23rd floor, Pinheiros, Sao Caetano do Sul, SP, BRA, CEP 05425-070
Grupo Casas Bahia SA formerly Via SA is a Brazil-based retailer that is principally engaged in the sale of consumer electronics, home appliances, mobile phones, and furniture. The company also provides credit card services to clients. The company operates through two traditional retail brand chains in Brazil; Casas Bahia and Pontofrio. Over two-thirds of the company's stores are under the Casas Bahia name, and all of its stores are located in Brazil. In addition to physical stores, the company also sells products through its websites of CNova.

Grupo Casas Bahia (Grupo Casas Bahia) Headlines

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