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Bolsa de Valores de Colombia (BOG:BVC) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Bolsa de Valores de Colombia 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. Bolsa de Valores de Colombia's Operating Income for the three months ended in Dec. 2023 was COP31,030 Mil. Bolsa de Valores de Colombia's Interest Expense for the three months ended in Dec. 2023 was COP928 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Bolsa de Valores de Colombia SA has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Bolsa de Valores de Colombia's Interest Coverage or its related term are showing as below:

BOG:BVC' s Interest Coverage Range Over the Past 10 Years
Min: 7.63   Med: 48.39   Max: 189.34
Current: 189.34


BOG:BVC's Interest Coverage is ranked better than
68.26% of 460 companies
in the Capital Markets industry
Industry Median: 21.035 vs BOG:BVC: 189.34

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


Bolsa de Valores de Colombia Interest Coverage Historical Data

The historical data trend for Bolsa de Valores de Colombia'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.

Bolsa de Valores de Colombia Interest Coverage Chart

Bolsa de Valores de Colombia 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 18.22 9.85 28.83 156.59 189.21

Bolsa de Valores de Colombia 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 - 34.92 60.72 48.92 -

Competitive Comparison of Bolsa de Valores de Colombia's Interest Coverage

For the Financial Data & Stock Exchanges subindustry, Bolsa de Valores de Colombia'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.


Bolsa de Valores de Colombia's Interest Coverage Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bolsa de Valores de Colombia's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bolsa de Valores de Colombia's Interest Coverage falls into.



Bolsa de Valores de Colombia 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.

Bolsa de Valores de Colombia'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, Bolsa de Valores de Colombia's Interest Expense was COP-526 Mil. Its Operating Income was COP99,462 Mil. And its Long-Term Debt & Capital Lease Obligation was COP777 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*99462.378/-525.671
=189.21

Bolsa de Valores de Colombia's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Bolsa de Valores de Colombia's Interest Expense was COP928 Mil. Its Operating Income was COP31,030 Mil. And its Long-Term Debt & Capital Lease Obligation was COP777 Mil.

* 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.


Bolsa de Valores de Colombia  (BOG:BVC) 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 .


Bolsa de Valores de Colombia Interest Coverage Related Terms

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


Bolsa de Valores de Colombia (BOG:BVC) Business Description

Traded in Other Exchanges
N/A
Address
Carrera 7 No. 71-21 Torre B, Piso 12, Edificio BVC, Bogota, COL
Bolsa de Valores de Colombia SA operates as a stock exchange in Colombia. The company is engaged in offering securities of trading platforms and listing services for issuers and market information. It operates through the following segments: bvc, deceval, precia, other investment vehicles and Central Counterparty Clearing House. The company administers trading platforms in fixed income, equities, derivatives, foreign currency, and commodities markets.

Bolsa de Valores de Colombia (BOG:BVC) Headlines

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