TIM Participacoes SA

NYSE TIMB

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TIM Participacoes SA Interest Coverage Ratio 5 year CAGR for the year ending December 31, 2023: -16.49%

TIM Participacoes SA Interest Coverage Ratio 5 year CAGR is -16.49% for the year ending December 31, 2023, a -17.51% change year over year. The interest coverage ratio is a measure of a company's ability to meet its interest payment obligations on its outstanding debt. It is calculated by dividing the company's earnings before interest and taxes (EBIT) by its interest expense. This ratio indicates the extent to which a company's earnings can cover its interest expenses. A higher interest coverage ratio suggests that the company has a greater capacity to make interest payments, indicating lower financial risk. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • TIM Participacoes SA Interest Coverage Ratio for the year ending December 31, 2022 was 1.67, a -26.82% change year over year.
  • TIM Participacoes SA Interest Coverage Ratio for the year ending December 31, 2021 was 2.29, a -27.48% change year over year.
  • TIM Participacoes SA Interest Coverage Ratio for the year ending December 31, 2020 was 3.15, a -43.49% change year over year.
  • TIM Participacoes SA Interest Coverage Ratio for the year ending December 31, 2019 was 5.58, a 2.17% change year over year.
NYSE: TIMB

TIM Participacoes SA

CEO Mr. Alberto Mario Griselli
IPO Date Oct. 16, 2020
Location Brazil
Headquarters João Cabral de Melo Neto Avenue, Rio De Janeiro, RJ, Brazil, 22775-057
Employees 9,099
Sector Communication Services
Industry Telecom services
Description

TIM S.A., a telecommunications company, provides mobile voice, data, and broadband services in Brazil. The company offers in mobile, landline, long-distance, and data transmission services. It also offers fixed ultra-broadband, fixed ultraband broadband, and digital content services. The company serves individuals and corporates, as well as small, medium, and large companies. TIM S.A. is based in Rio de Janeiro, Brazil. The company operates as a subsidiary of TIM Brasil Serviços e Participações S.A.

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StockViz Staff

September 20, 2024

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