GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Administradora de Fondos de Pensiones y Cesantia Proteccion SA (BOG:PROTECCION) » Definitions » Interest Coverage

Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) Interest Coverage : 200.64 (As of Jun. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Administradora de Fondos de Pensiones y Cesantia Proteccion 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. Administradora de Fondos de Pensiones y Cesantia Proteccion's Operating Income for the three months ended in Jun. 2023 was COP57,212 Mil. Administradora de Fondos de Pensiones y Cesantia Proteccion's Interest Expense for the three months ended in Jun. 2023 was COP-285 Mil. Administradora de Fondos de Pensiones y Cesantia Proteccion's interest coverage for the quarter that ended in Jun. 2023 was 200.64. 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. Administradora de Fondos de Pensiones y Cesantia Proteccion SA has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Administradora de Fondos de Pensiones y Cesantia Proteccion's Interest Coverage or its related term are showing as below:

BOG:PROTECCION' s Interest Coverage Range Over the Past 10 Years
Min: 20.9   Med: 158.95   Max: 438.41
Current: 200.64


BOG:PROTECCION's Interest Coverage is ranked better than
63.11% of 450 companies
in the Asset Management industry
Industry Median: 39.105 vs BOG:PROTECCION: 200.64

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


Administradora de Fondos de Pensiones y Cesantia Proteccion Interest Coverage Historical Data

The historical data trend for Administradora de Fondos de Pensiones y Cesantia Proteccion'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.

Administradora de Fondos de Pensiones y Cesantia Proteccion Interest Coverage Chart

Administradora de Fondos de Pensiones y Cesantia Proteccion Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 372.01 438.41 108.92 87.49 20.90

Administradora de Fondos de Pensiones y Cesantia Proteccion Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Jun23
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 49.78 - 131.70 125.20 200.64

Competitive Comparison of Administradora de Fondos de Pensiones y Cesantia Proteccion's Interest Coverage

For the Asset Management subindustry, Administradora de Fondos de Pensiones y Cesantia Proteccion'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.


Administradora de Fondos de Pensiones y Cesantia Proteccion's Interest Coverage Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Administradora de Fondos de Pensiones y Cesantia Proteccion's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Administradora de Fondos de Pensiones y Cesantia Proteccion's Interest Coverage falls into.



Administradora de Fondos de Pensiones y Cesantia Proteccion 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.

Administradora de Fondos de Pensiones y Cesantia Proteccion's Interest Coverage for the fiscal year that ended in Dec. 2021 is calculated as

Here, for the fiscal year that ended in Dec. 2021, Administradora de Fondos de Pensiones y Cesantia Proteccion's Interest Expense was COP-2,461 Mil. Its Operating Income was COP51,442 Mil. And its Long-Term Debt & Capital Lease Obligation was COP8,299 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2021 )/Interest Expense (A: Dec. 2021 )
=-1*51442/-2461
=20.90

Administradora de Fondos de Pensiones y Cesantia Proteccion's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Here, for the three months ended in Jun. 2023, Administradora de Fondos de Pensiones y Cesantia Proteccion's Interest Expense was COP-285 Mil. Its Operating Income was COP57,212 Mil. And its Long-Term Debt & Capital Lease Obligation was COP5,484 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2023 )/Interest Expense (Q: Jun. 2023 )
=-1*57211.859/-285.149
=200.64

* 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.


Administradora de Fondos de Pensiones y Cesantia Proteccion  (BOG:PROTECCION) 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 .


Administradora de Fondos de Pensiones y Cesantia Proteccion Interest Coverage Related Terms

Thank you for viewing the detailed overview of Administradora de Fondos de Pensiones y Cesantia Proteccion's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) Business Description

Traded in Other Exchanges
N/A
Address
Calle 49 No. 63-100 Torre Protection, Medellin, COL
Administradora de Fondos de Pensiones y Cesantia Proteccion SA is a management company of mandatory and voluntary pension and severance funds. Its funds include voluntary and obligatory pension funds, and severance funds.

Administradora de Fondos de Pensiones y Cesantia Proteccion (BOG:PROTECCION) Headlines

No Headlines