SELECT * FROM `stock_list` where symbol='JIN' AND exchange = 'ASX' ORDER BY delisted ASC limit 0,1
SELECT * FROM `stock_list` where symbol='JIN' AND exchange = 'ASX' ORDER BY delisted ASC limit 0,1
SELECT * FROM `stock_list` WHERE `symbol` = "JIN" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) ORDER BY delisted ASC limit 0,1 Jumbo Interactive (ASX:JIN) Interest Coverage
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Jumbo Interactive Ltd (ASX:JIN) » Definitions » Interest Coverage

Jumbo Interactive (ASX:JIN) Interest Coverage : 165.08 (As of Dec. 2023)


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What is Jumbo Interactive 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. Jumbo Interactive's Operating Income for the six months ended in Dec. 2023 was A$28.2 Mil. Jumbo Interactive's Interest Expense for the six months ended in Dec. 2023 was A$-0.2 Mil. Jumbo Interactive's interest coverage for the quarter that ended in Dec. 2023 was 165.08. 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. Jumbo Interactive Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

ASX:JIN' s Interest Coverage Range Over the Past 10 Years
Min: 164.44   Med: 1122.31   Max: 5184.29
Current: 1094


ASX:JIN's Interest Coverage is ranked better than
93.38% of 604 companies
in the Travel & Leisure industry
Industry Median: 5.15 vs ASX:JIN: 1094.00

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


Jumbo Interactive Interest Coverage Historical Data

The historical data trend for Jumbo Interactive'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.

Jumbo Interactive Interest Coverage Chart

Jumbo Interactive Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,184.29 164.44 192.39 255.64 1,001.62

Jumbo Interactive Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 818.14 143.14 145.24 - 165.08

Competitive Comparison of Jumbo Interactive's Interest Coverage

For the Gambling subindustry, Jumbo Interactive'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.


Jumbo Interactive's Interest Coverage Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jumbo Interactive's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jumbo Interactive's Interest Coverage falls into.



Jumbo Interactive 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.

Jumbo Interactive's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, Jumbo Interactive's Interest Expense was A$-0.0 Mil. Its Operating Income was A$47.1 Mil. And its Long-Term Debt & Capital Lease Obligation was A$2.5 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2023 )/Interest Expense (A: Jun. 2023 )
=-1*47.076/-0.047
=1,001.62

Jumbo Interactive's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Jumbo Interactive's Interest Expense was A$-0.2 Mil. Its Operating Income was A$28.2 Mil. And its Long-Term Debt & Capital Lease Obligation was A$1.8 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*28.229/-0.171
=165.08

* 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.


Jumbo Interactive  (ASX:JIN) 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 .


Jumbo Interactive Interest Coverage Related Terms

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


Jumbo Interactive (ASX:JIN) Business Description

Traded in Other Exchanges
Address
601 Coronation Drive, Level 1, Toowong, Brisbane, QLD, AUS, 4066
Jumbo Interactive is a digital reseller of government and charity lottery tickets through its Oz Lotteries platform. Jumbo's main reselling agreement is with The Lottery Corporation, Australia's exclusive operator of licensed lotteries in all states except Western Australia. Jumbo also licenses its lottery software platform to government and charity clients in Australia, the U.K., and Canada, as well as offering additional lottery and raffle management services.

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