Atresmediaoracion de Medios de Comunicacion (XMAD:A3M) Interest Coverage : 46.24 (As of Dec. 2023)

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What is Atresmediaoracion de Medios de Comunicacion 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. Atresmediaoracion de Medios de Comunicacion's Operating Income for the six months ended in Dec. 2023 was €76.3 Mil. Atresmediaoracion de Medios de Comunicacion's Interest Expense for the six months ended in Dec. 2023 was €-1.7 Mil. Atresmediaoracion de Medios de Comunicacion's interest coverage for the quarter that ended in Dec. 2023 was 46.24. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Atresmediaoracion de Medios de Comunicacion's Interest Coverage or its related term are showing as below:

XMAD:A3M' s Interest Coverage Range Over the Past 10 Years
Min: 5.67 Med: 14.02 Max: 29.92
Current: 13.58

XMAD:A3M's Interest Coverage is ranked better than
52.05% of 611 companies
in the Media - Diversified industry
Industry Median: 11.96 vs XMAD:A3M: 13.58

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

Atresmediaoracion de Medios de Comunicacion Interest Coverage Historical Data

The historical data trend for Atresmediaoracion de Medios de Comunicacion'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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Atresmediaoracion de Medios de Comunicacion Interest Coverage Chart

Atresmediaoracion de Medios de Comunicacion Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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14.46

5.67

13.01

15.86

13.58

Atresmediaoracion de Medios de Comunicacion Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Coverage	Get a 7-Day Free Trial															45.65	8.40	231.29	8.12	46.24

Competitive Comparison of Atresmediaoracion de Medios de Comunicacion's Interest Coverage

For the Entertainment subindustry, Atresmediaoracion de Medios de Comunicacion'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.

Atresmediaoracion de Medios de Comunicacion's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Atresmediaoracion de Medios de Comunicacion's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Atresmediaoracion de Medios de Comunicacion's Interest Coverage falls into.

Atresmediaoracion de Medios de Comunicacion 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.

Atresmediaoracion de Medios de Comunicacion'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, Atresmediaoracion de Medios de Comunicacion's Interest Expense was €-11.5 Mil. Its Operating Income was €156.4 Mil. And its Long-Term Debt & Capital Lease Obligation was €163.7 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	156.372	/	-11.511
	=	13.58

Atresmediaoracion de Medios de Comunicacion's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Atresmediaoracion de Medios de Comunicacion's Interest Expense was €-1.7 Mil. Its Operating Income was €76.3 Mil. And its Long-Term Debt & Capital Lease Obligation was €163.7 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	76.296	/	-1.65
	=	46.24

The higher the ratio, the stronger the company's Financial Strength is.

Atresmediaoracion de Medios de Comunicacion (XMAD:A3M) 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 .

Atresmediaoracion de Medios de Comunicacion Interest Coverage Related Terms

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Atresmediaoracion de Medios de Comunicacion (XMAD:A3M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Atresmedia Corporacion de Medios de Comunicacion SA (XMAD:A3M) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

ATVDY:USA AIOSF:USA 0MJT:UK YT2A:Germany

Address

Avenida Isla Graciosa 13, San Sebastian de los Reyes, Madrid, ESP, 28703

Website

http://www.atresmediacorporacion.com

Atresmedia Corporacion de Medios de Comunicacion SA is a diversified media company primarily operating in the television, radio, and cinema industries. The company has three primary business segments that include television, radio, and other. The television segment operates a network of television channels, while its radio segment operates a chain of radio stations. The company's other business segment produces television shows and television films, promotes events, and offers advertising services. The company generates the majority of its revenue in Spain.

Atresmediaoracion de Medios de Comunicacion (XMAD:A3M) Headlines

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