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Inversiones Siemel (XSGO:SIEMEL) Interest Coverage : 2.49 (As of Dec. 2023)


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What is Inversiones Siemel 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. Inversiones Siemel's Operating Income for the three months ended in Dec. 2023 was CLP3,122 Mil. Inversiones Siemel's Interest Expense for the three months ended in Dec. 2023 was CLP-1,252 Mil. Inversiones Siemel's interest coverage for the quarter that ended in Dec. 2023 was 2.49. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Inversiones Siemel's Interest Coverage or its related term are showing as below:

XSGO:SIEMEL' s Interest Coverage Range Over the Past 10 Years
Min: 0.02   Med: 2.12   Max: 3.95
Current: 3.06


XSGO:SIEMEL's Interest Coverage is ranked worse than
66.41% of 393 companies
in the Conglomerates industry
Industry Median: 5.15 vs XSGO:SIEMEL: 3.06

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


Inversiones Siemel Interest Coverage Historical Data

The historical data trend for Inversiones Siemel'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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Inversiones Siemel Interest Coverage Chart

Inversiones Siemel 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 0.84 2.12 2.57 3.64 3.06

Inversiones Siemel 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 3.70 2.72 4.12 3.25 2.49

Competitive Comparison of Inversiones Siemel's Interest Coverage

For the Conglomerates subindustry, Inversiones Siemel'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.


Inversiones Siemel's Interest Coverage Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Inversiones Siemel's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Inversiones Siemel's Interest Coverage falls into.



Inversiones Siemel 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.

Inversiones Siemel'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, Inversiones Siemel's Interest Expense was CLP-3,691 Mil. Its Operating Income was CLP11,306 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP38,559 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*11306.426/-3691.35
=3.06

Inversiones Siemel's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Inversiones Siemel's Interest Expense was CLP-1,252 Mil. Its Operating Income was CLP3,122 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP38,559 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*3122.066/-1251.901
=2.49

* 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.


Inversiones Siemel  (XSGO:SIEMEL) 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 .


Inversiones Siemel Interest Coverage Related Terms

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


Inversiones Siemel (XSGO:SIEMEL) Business Description

Traded in Other Exchanges
N/A
Address
Avenue El Golf 150, 21st floor, Las Condes, Santiago, CHL
Inversiones Siemel SA is an investment company. Through its subsidiaries and affiliates, invests in insurance, financial services, real estate, agribusiness, and information technology sectors in South America. It mainly focuses on agroindustrial and agricultural, information technology sector investments.

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