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Jamaica Public Service Co (XJAM:JPS7.PFD) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Jamaica Public Service 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. Jamaica Public Service Co's Operating Income for the three months ended in . 20 was JMD0.00 Mil. Jamaica Public Service Co's Interest Expense for the three months ended in . 20 was JMD0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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


XJAM:JPS7.PFD's Interest Coverage is not ranked *
in the Utilities - Regulated industry.
Industry Median: 3.81
* Ranked among companies with meaningful Interest Coverage only.

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


Jamaica Public Service Co Interest Coverage Historical Data

The historical data trend for Jamaica Public Service 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.

Jamaica Public Service Co Interest Coverage Chart

Jamaica Public Service Co Annual Data
Trend
Interest Coverage

Jamaica Public Service Co Quarterly Data
Interest Coverage

Competitive Comparison of Jamaica Public Service Co's Interest Coverage

For the Utilities - Regulated Electric subindustry, Jamaica Public Service 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.


Jamaica Public Service Co's Interest Coverage Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Jamaica Public Service Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jamaica Public Service Co's Interest Coverage falls into.



Jamaica Public Service 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.

Jamaica Public Service Co's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Jamaica Public Service Co's Interest Expense was JMD0.00 Mil. Its Operating Income was JMD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was JMD0.00 Mil.

Jamaica Public Service Co had no debt (1).

Jamaica Public Service Co's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the three months ended in . 20, Jamaica Public Service Co's Interest Expense was JMD0.00 Mil. Its Operating Income was JMD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was JMD0.00 Mil.

Jamaica Public Service Co had no debt (1).

* 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.


Jamaica Public Service Co  (XJAM:JPS7.PFD) 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 .


Jamaica Public Service Co Interest Coverage Related Terms

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Jamaica Public Service Co (XJAM:JPS7.PFD) Business Description

Traded in Other Exchanges
N/A
Address
6 Knutsford Boulevard, Kingston, JAM, JMAAW04
Jamaica Public Service Co Ltd is an integrated electric utility company and the sole distributor of electricity in Jamaica. The Company is engaged in the generation, transmission and distribution of electricity, and also purchases power from a number of Independent Power Producers.

Jamaica Public Service Co (XJAM:JPS7.PFD) Headlines

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