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Moneda Renta Variable Chile Fondo do Inversion Cuotas (XSGO:CFIMRVCHA) Interest Coverage : No Debt (1) (As of Jun. 2023)


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What is Moneda Renta Variable Chile Fondo do Inversion Cuotas 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. Moneda Renta Variable Chile Fondo do Inversion Cuotas's Operating Income for the three months ended in Jun. 2023 was CLP-134.82 Mil. Moneda Renta Variable Chile Fondo do Inversion Cuotas's Interest Expense for the three months ended in Jun. 2023 was CLP0.00 Mil. Moneda Renta Variable Chile Fondo do Inversion Cuotas 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 Moneda Renta Variable Chile Fondo do Inversion Cuotas's Interest Coverage or its related term are showing as below:


XSGO:CFIMRVCHA's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 38.09
* 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.


Moneda Renta Variable Chile Fondo do Inversion Cuotas Interest Coverage Historical Data

The historical data trend for Moneda Renta Variable Chile Fondo do Inversion Cuotas'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.

Moneda Renta Variable Chile Fondo do Inversion Cuotas Interest Coverage Chart

Moneda Renta Variable Chile Fondo do Inversion Cuotas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
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Moneda Renta Variable Chile Fondo do Inversion Cuotas Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 No Debt - No Debt No Debt No Debt

Competitive Comparison of Moneda Renta Variable Chile Fondo do Inversion Cuotas's Interest Coverage

For the Asset Management subindustry, Moneda Renta Variable Chile Fondo do Inversion Cuotas'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.


Moneda Renta Variable Chile Fondo do Inversion Cuotas's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Moneda Renta Variable Chile Fondo do Inversion Cuotas's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Moneda Renta Variable Chile Fondo do Inversion Cuotas's Interest Coverage falls into.



Moneda Renta Variable Chile Fondo do Inversion Cuotas 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.

Moneda Renta Variable Chile Fondo do Inversion Cuotas'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, Moneda Renta Variable Chile Fondo do Inversion Cuotas's Interest Expense was CLP-11.57 Mil. Its Operating Income was CLP-480.93 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP0.00 Mil.

Moneda Renta Variable Chile Fondo do Inversion Cuotas did not have earnings to cover the interest expense.

Moneda Renta Variable Chile Fondo do Inversion Cuotas's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the three months ended in Jun. 2023, Moneda Renta Variable Chile Fondo do Inversion Cuotas's Interest Expense was CLP0.00 Mil. Its Operating Income was CLP-134.82 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP0.00 Mil.

Moneda Renta Variable Chile Fondo do Inversion Cuotas 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.


Moneda Renta Variable Chile Fondo do Inversion Cuotas  (XSGO:CFIMRVCHA) 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 .


Moneda Renta Variable Chile Fondo do Inversion Cuotas Interest Coverage Related Terms

Thank you for viewing the detailed overview of Moneda Renta Variable Chile Fondo do Inversion Cuotas's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Moneda Renta Variable Chile Fondo do Inversion Cuotas (XSGO:CFIMRVCHA) Business Description

Traded in Other Exchanges
N/A
Address
Avenida Isidora Goyenechea 3621, Piso 8, Las Condes, Santiago, CHL
Moneda Renta Variable Chile Fondo do Inversion Cuotas is a financial asset management firm. Its activities include investment of funds in securities & real estate projects, distribution of international funds to institutional clients & investment management. It has only one line of business namely, Asset management.

Moneda Renta Variable Chile Fondo do Inversion Cuotas (XSGO:CFIMRVCHA) Headlines

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