Vina Concha Y Toro (XSGO:CONCHATORO) Interest Coverage

: 7.99 (As of Dec. 2023)

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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. Vina Concha Y Toro's Operating Income for the three months ended in Dec. 2023 was CLP24,644 Mil. Vina Concha Y Toro's Interest Expense for the three months ended in Dec. 2023 was CLP-3,084 Mil. Vina Concha Y Toro's interest coverage for the quarter that ended in Dec. 2023 was 7.99. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Vina Concha Y Toro's Interest Coverage or its related term are showing as below:

XSGO:CONCHATORO' s Interest Coverage Range Over the Past 10 Years
Min: 4.62 Med: 7.52 Max: 30.4
Current: 4.62

XSGO:CONCHATORO's Interest Coverage is ranked worse than
69.18% of 159 companies
in the Beverages - Alcoholic industry
Industry Median: 8.86 vs XSGO:CONCHATORO: 4.62

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

Vina Concha Y Toro Interest Coverage Historical Data

The historical data trend for Vina Concha Y Toro'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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Vina Concha Y Toro Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

8.35

11.75

17.99

30.40

6.07

Vina Concha Y Toro Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Coverage																18.62	2.12	2.98	5.74	7.99

Competitive Comparison

For the Beverages - Wineries & Distilleries subindustry, Vina Concha Y Toro'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.

Vina Concha Y Toro Interest Coverage Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Vina Concha Y Toro's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vina Concha Y Toro's Interest Coverage falls into.

Vina Concha Y Toro 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.

Vina Concha Y Toro'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, Vina Concha Y Toro's Interest Expense was CLP-10,062 Mil. Its Operating Income was CLP61,040 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP304,353 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	61039.658	/	-10062.278
	=	6.07

Vina Concha Y Toro's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Vina Concha Y Toro's Interest Expense was CLP-3,084 Mil. Its Operating Income was CLP24,644 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP304,353 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	24644.013	/	-3084.306
	=	7.99

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

Vina Concha Y Toro (XSGO:CONCHATORO) 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 .

Vina Concha Y Toro Interest Coverage Related Terms

Thank you for viewing the detailed overview of Vina Concha Y Toro's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Vina Concha Y Toro (XSGO:CONCHATORO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Vina Concha Y Toro SA (XSGO:CONCHATORO) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avda. Nueva Tajamar 481 of 1401, Casilla 213, Postal Box No. 213, Torre Norte, Floor 15, Las Condes, Santiago, CHL

Website

http://www.conchaytoro.com

Vina Concha Y Toro SA produces and sells wine. The company sells wine in categories ranging from the lower-end to ultra-premium, with brands such as Don Melchor, Carmin de Peumo, Gravas del Maipo, Amelia, Terrunyo, Casillero del Diablo, Trio, and Late Harvest. Concha y Toro produces most of its wine in Chile, where it owns and operates vineyards in Chile's nine principal wine growing regions. Most of the company's sales are exported, with principal markets including Europe, USA, South America, Asia, Canada, Central America, Africa and Other.

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