Cebu Landmasters (PHS:CLI) Interest Coverage : 18.33 (As of Dec. 2023)

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What is Cebu Landmasters 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. Cebu Landmasters's Operating Income for the three months ended in Dec. 2023 was ₱2,217 Mil. Cebu Landmasters's Interest Expense for the three months ended in Dec. 2023 was ₱-121 Mil. Cebu Landmasters's interest coverage for the quarter that ended in Dec. 2023 was 18.33. The higher the ratio, the stronger the company's financial strength is.

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

PHS:CLI' s Interest Coverage Range Over the Past 10 Years
Min: 10.36 Med: 36.99 Max: 68.74
Current: 10.36

PHS:CLI's Interest Coverage is ranked better than
68.55% of 1342 companies
in the Real Estate industry
Industry Median: 3.955 vs PHS:CLI: 10.36

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

Cebu Landmasters Interest Coverage Historical Data

The historical data trend for Cebu Landmasters'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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Cebu Landmasters Interest Coverage Chart

Cebu Landmasters Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Coverage

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68.74

42.81

13.11

14.59

11.35

Cebu Landmasters 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															24.91	10.51	8.08	7.41	18.33

Competitive Comparison of Cebu Landmasters's Interest Coverage

For the Real Estate - Development subindustry, Cebu Landmasters'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.

Cebu Landmasters's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cebu Landmasters's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Cebu Landmasters's Interest Coverage falls into.

Cebu Landmasters 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.

Cebu Landmasters'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, Cebu Landmasters's Interest Expense was ₱-599 Mil. Its Operating Income was ₱6,802 Mil. And its Long-Term Debt & Capital Lease Obligation was ₱36,777 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Dec. 2023 )	/	Interest Expense (A: Dec. 2023 )
	=	-1	*	6802.015	/	-599.435
	=	11.35

Cebu Landmasters's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Cebu Landmasters's Interest Expense was ₱-121 Mil. Its Operating Income was ₱2,217 Mil. And its Long-Term Debt & Capital Lease Obligation was ₱36,777 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	2217.476	/	-120.984
	=	18.33

The higher the ratio, the stronger the company's Financial Strength is.

Cebu Landmasters (PHS:CLI) 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 .

Cebu Landmasters Interest Coverage Related Terms

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

Cebu Landmasters (PHS:CLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cebu Landmasters Inc (PHS:CLI) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

Cebu I.T. Park, Jose Ma. Del Mar Street, 10th Floor, Park Centrale Tower, Brgy. Apas, Cebu City, PHL

Website

https://www.cebulandmasters.com

Cebu Landmasters Inc is a real estate development company. It caters to the high-end, mid-market, economic and socialized housing segments of the market. The company's project mix includes residential projects, commercial/office/retail developments, and hotels. It has four main operating segments - Real Estate, Rental, Hotel Operations and Management Services. The group's Real Estate segment covers the development and sale of residential and office developments. The hotel operations segment relates to the management of hotel business operations that caters hotel guest. Its Rental segment includes leasing of office and commercial spaces and its Management Services segment focuses on the management of real estate projects and upkeep.

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