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Compania Pesquera Camanchaca (XSGO:CAMANCHACA) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Compania Pesquera Camanchaca 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. Compania Pesquera Camanchaca's Operating Income for the three months ended in Dec. 2023 was CLP-26,874 Mil. Compania Pesquera Camanchaca's Interest Expense for the three months ended in Dec. 2023 was CLP-3,706 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Compania Pesquera Camanchaca's Interest Coverage or its related term are showing as below:

XSGO:CAMANCHACA' s Interest Coverage Range Over the Past 10 Years
Min: 0.81   Med: 4.81   Max: 12.45
Current: 2.64


XSGO:CAMANCHACA's Interest Coverage is ranked worse than
77.27% of 1368 companies
in the Consumer Packaged Goods industry
Industry Median: 8.47 vs XSGO:CAMANCHACA: 2.64

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


Compania Pesquera Camanchaca Interest Coverage Historical Data

The historical data trend for Compania Pesquera Camanchaca'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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Compania Pesquera Camanchaca Interest Coverage Chart

Compania Pesquera Camanchaca 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 9.35 - 0.81 8.98 2.88

Compania Pesquera Camanchaca 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 3.03 10.18 7.70 3.68 -

Competitive Comparison of Compania Pesquera Camanchaca's Interest Coverage

For the Farm Products subindustry, Compania Pesquera Camanchaca'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.


Compania Pesquera Camanchaca's Interest Coverage Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Compania Pesquera Camanchaca's Interest Coverage falls into.



Compania Pesquera Camanchaca 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.

Compania Pesquera Camanchaca'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, Compania Pesquera Camanchaca's Interest Expense was CLP-13,006 Mil. Its Operating Income was CLP37,472 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP177,580 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*37472.251/-13006.082
=2.88

Compania Pesquera Camanchaca's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Compania Pesquera Camanchaca's Interest Expense was CLP-3,706 Mil. Its Operating Income was CLP-26,874 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP177,580 Mil.

Compania Pesquera Camanchaca did not have earnings to cover the interest expense.

* 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.


Compania Pesquera Camanchaca  (XSGO:CAMANCHACA) 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 .


Compania Pesquera Camanchaca Interest Coverage Related Terms

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


Compania Pesquera Camanchaca (XSGO:CAMANCHACA) Business Description

Traded in Other Exchanges
N/A
Address
Av.El Golf 99, Piso 10, Las Condes, Santiago, CHL
Compania Pesquera Camanchaca SA is engaged in pelagic fishing, production of fish meal, fish oil & canned products. It also engages in salmon aquaculture & cultivation of mussels, oysters & abalone. Its activities includes research and capture, hunt, collect and harvest hydrobiological resources; conservation, freezing and application of preservation techniques for hydrobiological species; the production of products from of any hydrobiological species.

Compania Pesquera Camanchaca (XSGO:CAMANCHACA) Headlines

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