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Empresas ICAB de CV (Empresas ICAB de CV) Interest Coverage : 0.10 (As of Mar. 2017)


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What is Empresas ICAB de CV 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. Empresas ICAB de CV's Operating Income for the three months ended in Mar. 2017 was $9 Mil. Empresas ICAB de CV's Interest Expense for the three months ended in Mar. 2017 was $-96 Mil. Empresas ICAB de CV's interest coverage for the quarter that ended in Mar. 2017 was 0.10. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Empresas ICAB de CV's Interest Coverage or its related term are showing as below:


ICAYY's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.055
* Ranked among companies with meaningful Interest Coverage only.

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


Empresas ICAB de CV Interest Coverage Historical Data

The historical data trend for Empresas ICAB de CV'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.

Empresas ICAB de CV Interest Coverage Chart

Empresas ICAB de CV Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 1.20 0.99 - 0.31

Empresas ICAB de CV Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 0.48 0.43 0.63 - 0.10

Competitive Comparison of Empresas ICAB de CV's Interest Coverage

For the Engineering & Construction subindustry, Empresas ICAB de CV'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.


Empresas ICAB de CV's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Empresas ICAB de CV's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Empresas ICAB de CV's Interest Coverage falls into.



Empresas ICAB de CV 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.

Empresas ICAB de CV's Interest Coverage for the fiscal year that ended in Dec. 2016 is calculated as

Here, for the fiscal year that ended in Dec. 2016, Empresas ICAB de CV's Interest Expense was $-377 Mil. Its Operating Income was $117 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,556 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2016 )/Interest Expense (A: Dec. 2016 )
=-1*117.211/-377.047
=0.31

Empresas ICAB de CV's Interest Coverage for the quarter that ended in Mar. 2017 is calculated as

Here, for the three months ended in Mar. 2017, Empresas ICAB de CV's Interest Expense was $-96 Mil. Its Operating Income was $9 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,747 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2017 )/Interest Expense (Q: Mar. 2017 )
=-1*9.241/-96.394
=0.10

* 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.


Empresas ICAB de CV  (OTCPK:ICAYY) 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 .


Empresas ICAB de CV Interest Coverage Related Terms

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Empresas ICAB de CV (Empresas ICAB de CV) Business Description

Traded in Other Exchanges
N/A
Address
Boulevard Manuel Avila Camacho 36, Col. Lomas de Chapultepec, Delegation Miguel Hidalgo, Mexico City, DF, MEX, 11000
Empresas ICA SAB de CV is an engineering, procurement, and construction company. It provides construction and related services which includes development and construction of infrastructure facilities, industrial and urban construction, construction, maintenance and operation of airports, highways, social infrastructure and tunnels and operation and management of water supply and waste disposal systems. The company has Civil construction, Industrial construction, Airports, Concessions and Corporate and Other segments. It derives the majority of its revenues from Civil construction segment.

Empresas ICAB de CV (Empresas ICAB de CV) Headlines

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