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Inversora Juramento (BUE:INVJ) Interest Coverage : N/A (As of Mar. 2024)


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What is Inversora Juramento 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. Inversora Juramento's Operating Income for the three months ended in Mar. 2024 was ARS-7,313 Mil. Inversora Juramento's Interest Expense for the three months ended in Mar. 2024 was ARS0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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

BUE:INVJ' s Interest Coverage Range Over the Past 10 Years
Min: 0.31   Med: 0.94   Max: 21923.66
Current: 0.67


BUE:INVJ's Interest Coverage is ranked worse than
94.93% of 1382 companies
in the Consumer Packaged Goods industry
Industry Median: 8.635 vs BUE:INVJ: 0.67

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


Inversora Juramento Interest Coverage Historical Data

The historical data trend for Inversora Juramento'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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Inversora Juramento Interest Coverage Chart

Inversora Juramento Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 21,923.66 82.58 0.66 0.76

Inversora Juramento Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - 0.91 0.79 N/A

Competitive Comparison of Inversora Juramento's Interest Coverage

For the Farm Products subindustry, Inversora Juramento'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.


Inversora Juramento's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Inversora Juramento's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Inversora Juramento's Interest Coverage falls into.



Inversora Juramento 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.

Inversora Juramento's Interest Coverage for the fiscal year that ended in Sep. 2023 is calculated as

Here, for the fiscal year that ended in Sep. 2023, Inversora Juramento's Interest Expense was ARS-22,726 Mil. Its Operating Income was ARS17,206 Mil. And its Long-Term Debt & Capital Lease Obligation was ARS17 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2023 )/Interest Expense (A: Sep. 2023 )
=-1*17206.296/-22725.553
=0.76

Inversora Juramento's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Inversora Juramento's Interest Expense was ARS0 Mil. Its Operating Income was ARS-7,313 Mil. And its Long-Term Debt & Capital Lease Obligation was ARS1,427 Mil.

GuruFocus does not calculate Inversora Juramento's interest coverage with the available data.

* 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.


Inversora Juramento  (BUE:INVJ) 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 .


Inversora Juramento Interest Coverage Related Terms

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


Inversora Juramento (BUE:INVJ) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Tavella 2491, Joaquin Gonzalez, Salta, ARG, CP 4400
Inversora Juramento is engaged in cattle farming and meat production business in Salta, Argentina. The company also participates in the agricultural production mainly used to supply the consumption of own livestock.

Inversora Juramento (BUE:INVJ) Headlines

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