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Administradora de Fondos de Pensiones Cuprum (XSGO:CUPRUM) Interest Coverage : 859.87 (As of Mar. 2024)


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What is Administradora de Fondos de Pensiones Cuprum 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 Cuprum's Operating Income for the three months ended in Mar. 2024 was CLP35,583 Mil. Administradora de Fondos de Pensiones Cuprum's Interest Expense for the three months ended in Mar. 2024 was CLP-41 Mil. Administradora de Fondos de Pensiones Cuprum's interest coverage for the quarter that ended in Mar. 2024 was 859.87. 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 Cuprum 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 Cuprum's Interest Coverage or its related term are showing as below:

XSGO:CUPRUM' s Interest Coverage Range Over the Past 10 Years
Min: 135.36   Med: 590.17   Max: 4891.39
Current: 576.78


XSGO:CUPRUM's Interest Coverage is ranked better than
66.59% of 446 companies
in the Asset Management industry
Industry Median: 42.64 vs XSGO:CUPRUM: 576.78

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 Cuprum Interest Coverage Historical Data

The historical data trend for Administradora de Fondos de Pensiones Cuprum'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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Administradora de Fondos de Pensiones Cuprum Interest Coverage Chart

Administradora de Fondos de Pensiones Cuprum 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 270.51 177.28 236.56 135.36 443.97

Administradora de Fondos de Pensiones Cuprum 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 304.50 395.18 328.68 790.27 859.87

Competitive Comparison of Administradora de Fondos de Pensiones Cuprum's Interest Coverage

For the Asset Management subindustry, Administradora de Fondos de Pensiones Cuprum'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 Cuprum's Interest Coverage Distribution in the Asset Management Industry

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

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



Administradora de Fondos de Pensiones Cuprum 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 Cuprum'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, Administradora de Fondos de Pensiones Cuprum's Interest Expense was CLP-198 Mil. Its Operating Income was CLP88,041 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP3,722 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*88040.789/-198.302
=443.97

Administradora de Fondos de Pensiones Cuprum's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Administradora de Fondos de Pensiones Cuprum's Interest Expense was CLP-41 Mil. Its Operating Income was CLP35,583 Mil. And its Long-Term Debt & Capital Lease Obligation was CLP3,330 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*35583.059/-41.382
=859.87

* 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 Cuprum  (XSGO:CUPRUM) 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 Cuprum Interest Coverage Related Terms

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


Administradora de Fondos de Pensiones Cuprum (XSGO:CUPRUM) Business Description

Traded in Other Exchanges
N/A
Address
Bandera 236, 6th Floor, Santiagp, CHL
Administradora de Fondos de Pensiones Cuprum SA is a Chile-based investment management company. It provides retirement advisory services and administers mandatory and voluntary pension savings accounts and severance payment savings funds for its clients. The company has five type of investment funds that have a different level of risk and expected a return.

Administradora de Fondos de Pensiones Cuprum (XSGO:CUPRUM) Headlines

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