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JLS Co (XKRX:040420) Interest Coverage : 101.03 (As of Mar. 2024)


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What is JLS Co 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. JLS Co's Operating Income for the three months ended in Mar. 2024 was ₩3,743 Mil. JLS Co's Interest Expense for the three months ended in Mar. 2024 was ₩-37 Mil. JLS Co's interest coverage for the quarter that ended in Mar. 2024 was 101.03. 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. JLS Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

XKRX:040420' s Interest Coverage Range Over the Past 10 Years
Min: 10.78   Med: 51.14   Max: No Debt
Current: 123


XKRX:040420's Interest Coverage is ranked better than
76.92% of 182 companies
in the Education industry
Industry Median: 15.69 vs XKRX:040420: 123.00

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


JLS Co Interest Coverage Historical Data

The historical data trend for JLS Co'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.

JLS Co Interest Coverage Chart

JLS Co 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 25.63 10.78 37.11 48.10 139.25

JLS Co 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 155.72 121.93 148.59 129.48 101.03

Competitive Comparison of JLS Co's Interest Coverage

For the Education & Training Services subindustry, JLS Co'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.


JLS Co's Interest Coverage Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, JLS Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where JLS Co's Interest Coverage falls into.



JLS Co 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.

JLS Co'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, JLS Co's Interest Expense was ₩-118 Mil. Its Operating Income was ₩16,377 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩3,223 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*16377.319/-117.613
=139.25

JLS Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, JLS Co's Interest Expense was ₩-37 Mil. Its Operating Income was ₩3,743 Mil. And its Long-Term Debt & Capital Lease Obligation was ₩2,907 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*3742.56/-37.044
=101.03

* 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.


JLS Co  (XKRX:040420) 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 .


JLS Co Interest Coverage Related Terms

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


JLS Co (XKRX:040420) Business Description

Traded in Other Exchanges
N/A
Address
994-3 Daechi-dong, Gangnam-gu, Seoul, KOR, 135-501
JLS Co Ltd is engaged in the provision of educational services in South Korea. It offers educational services for nursery, kindergarten, elementary, middle, and high school students. It also provides online tuitions and sells educational materials.

JLS Co (XKRX:040420) Headlines

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