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Jordan Poultry Processing & Marketing (AMM:JPPC) Interest Coverage : 0 (At Loss) (As of . 20)


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What is Jordan Poultry Processing & Marketing 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. Jordan Poultry Processing & Marketing's Operating Income for the six months ended in . 20 was JOD0.00 Mil. Jordan Poultry Processing & Marketing's Interest Expense for the six months ended in . 20 was JOD0.00 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 Jordan Poultry Processing & Marketing's Interest Coverage or its related term are showing as below:


AMM:JPPC's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.7
* 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.


Jordan Poultry Processing & Marketing Interest Coverage Historical Data

The historical data trend for Jordan Poultry Processing & Marketing'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.

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Jordan Poultry Processing & Marketing Interest Coverage Chart

Jordan Poultry Processing & Marketing Annual Data
Trend
Interest Coverage

Jordan Poultry Processing & Marketing Semi-Annual Data
Interest Coverage

Competitive Comparison of Jordan Poultry Processing & Marketing's Interest Coverage

For the Farm Products subindustry, Jordan Poultry Processing & Marketing'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.


Jordan Poultry Processing & Marketing's Interest Coverage Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jordan Poultry Processing & Marketing's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jordan Poultry Processing & Marketing's Interest Coverage falls into.


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Jordan Poultry Processing & Marketing 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.

Jordan Poultry Processing & Marketing's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Jordan Poultry Processing & Marketing's Interest Expense was JOD0.00 Mil. Its Operating Income was JOD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was JOD0.00 Mil.

Jordan Poultry Processing & Marketing had no debt (1).

Jordan Poultry Processing & Marketing's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Jordan Poultry Processing & Marketing's Interest Expense was JOD0.00 Mil. Its Operating Income was JOD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was JOD0.00 Mil.

Jordan Poultry Processing & Marketing 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.


Jordan Poultry Processing & Marketing  (AMM:JPPC) 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 .


Jordan Poultry Processing & Marketing Interest Coverage Related Terms

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Jordan Poultry Processing & Marketing Business Description

Traded in Other Exchanges
N/A
Address
Aean Ghazal, P.O. Box 499, Amman, JOR, 11118
Jordan Poultry Processing & Marketing is engaged in owning, establishing, and operating butcheries for poultry processing and marketing. It also manages storage spaces for maintaining poultry meat and table eggs and Management of plants for the manufacture of poultry waste and marketing its production at home and abroad.

Jordan Poultry Processing & Marketing Headlines

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