The Jean Coutu Group (PJC) (The Jean Coutu Group (PJC)) Interest Coverage : No Debt ⁽¹⁾ (As of Nov. 2017)

The Jean Coutu Group (PJC) Interest Coverage Chart

The Jean Coutu Group (PJC) Annual Data
	Trend	May07	Feb09	Feb10	Feb11	Feb12	Feb13	Feb14	Feb15	Feb16	Feb17
Interest Coverage		Get a 7-Day Free Trial					416.27	754.71	749.81	746.04	541.99

The Jean Coutu Group (PJC) Quarterly Data
	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17
Interest Coverage	Get a 7-Day Free Trial															No Debt	329.72	No Debt	No Debt	No Debt

Competitive Comparison of The Jean Coutu Group (PJC)'s Interest Coverage

For the Pharmaceutical Retailers subindustry, The Jean Coutu Group (PJC)'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.

The Jean Coutu Group (PJC)'s Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, The Jean Coutu Group (PJC)'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where The Jean Coutu Group (PJC)'s Interest Coverage falls into.

The Jean Coutu Group (PJC) 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

The Jean Coutu Group (PJC)'s Interest Coverage for the fiscal year that ended in Feb. 2017 is calculated as

Here, for the fiscal year that ended in Feb. 2017, The Jean Coutu Group (PJC)'s Interest Expense was $-0 Mil. Its Operating Income was $206 Mil. And its Long-Term Debt & Capital Lease Obligation was $0 Mil.

The Jean Coutu Group (PJC)'s Interest Coverage for the quarter that ended in Nov. 2017 is calculated as

Here, for the three months ended in Nov. 2017, The Jean Coutu Group (PJC)'s Interest Expense was $0 Mil. Its Operating Income was $44 Mil. And its Long-Term Debt & Capital Lease Obligation was $0 Mil.

* 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.

The Jean Coutu Group (PJC)  (OTCPK:JCOUF) 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 .

The Jean Coutu Group (PJC) Interest Coverage Related Terms

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The Jean Coutu Group (PJC) (The Jean Coutu Group (PJC)) Business Description