Grupo Radio Centro, S.A.B. de C.V.

Mexico Stock Exchange RCENTROA.MX

Grupo Radio Centro, S.A.B. de C.V. Interest Coverage Ratio for the year ending December 31, 2023: -0.98

Grupo Radio Centro, S.A.B. de C.V. Interest Coverage Ratio is -0.98 for the year ending December 31, 2023, a -342.51% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • Grupo Radio Centro, S.A.B. de C.V. Interest Coverage Ratio for the year ending December 31, 2022 was 0.41, a 108.59% change year over year.
  • Grupo Radio Centro, S.A.B. de C.V. Interest Coverage Ratio for the year ending December 31, 2021 was -4.72, a -1,014.66% change year over year.
  • Grupo Radio Centro, S.A.B. de C.V. Interest Coverage Ratio for the year ending December 31, 2020 was 0.52, a 240.78% change year over year.
  • Grupo Radio Centro, S.A.B. de C.V. Interest Coverage Ratio for the year ending December 31, 2019 was -0.37, a -129.14% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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Mexico Stock Exchange: RCENTROA.MX

Grupo Radio Centro, S.A.B. de C.V.

CEO Lic. Jacinto Marina Cortes
IPO Date July 1, 2003
Location Mexico
Headquarters Constituents No. 1154
Employees 442
Sector Communication Services
Industries
Description

Grupo Radio Centro, S.A.B. de C.V., a radio broadcasting company, engages in the production and transmission of musical and entertainment programs, information and analysis programs, news, and special events in Mexico. The company owns and operates 10 AM and 8 FM radio stations, including four AM and four FM stations in Mexico City; one AM and one FM in Guadalajara; one from FM in Iguala; one from AM in Mexicali; two AM and one FM in Monterrey; one AM and one FM in Oaxaca; and one from AM in Durango. It also has a national network, Organización Impulsora de Radio, which acts as a national sales representative, and provides programming to a network of affiliates in Mexico. The company was founded in 1946 and is based in Mexico City, Mexico.

StockViz Staff

January 15, 2025

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