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Jauss Polymers (BOM:526001) Interest Coverage : No Debt (1) (As of Dec. 2024)


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What is Jauss Polymers 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. Jauss Polymers's Operating Income for the three months ended in Dec. 2024 was ₹-0.53 Mil. Jauss Polymers's Interest Expense for the three months ended in Dec. 2024 was ₹0.00 Mil. Jauss Polymers has no debt. 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 Jauss Polymers's Interest Coverage or its related term are showing as below:


BOM:526001's Interest Coverage is not ranked *
in the Packaging & Containers industry.
Industry Median: 5.84
* 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.


Jauss Polymers Interest Coverage Historical Data

The historical data trend for Jauss Polymers'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.

Jauss Polymers Interest Coverage Chart

Jauss Polymers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 - N/A N/A -

Jauss Polymers Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 No Debt - No Debt N/A No Debt

Competitive Comparison of Jauss Polymers's Interest Coverage

For the Packaging & Containers subindustry, Jauss Polymers'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.


Jauss Polymers's Interest Coverage Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Jauss Polymers's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jauss Polymers's Interest Coverage falls into.


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Jauss Polymers 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.

Jauss Polymers's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, Jauss Polymers's Interest Expense was ₹-0.02 Mil. Its Operating Income was ₹-5.58 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1.01 Mil.

Jauss Polymers did not have earnings to cover the interest expense.

Jauss Polymers's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Here, for the three months ended in Dec. 2024, Jauss Polymers's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-0.53 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Jauss Polymers 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.


Jauss Polymers  (BOM:526001) 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 .


Jauss Polymers Interest Coverage Related Terms

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


Jauss Polymers Business Description

Traded in Other Exchanges
N/A
Address
Assotech Business Cresterra, 801-805, 8th Floor, Tower-2, Plot No. 22, Sector-135, Noida, UP, IND, 201301
Jauss Polymers Ltd is an Indian-based company that manufactures pet preform bottles and jars. It operates through the segment of Job Work and sale of PET jars/bottles and caps. The company serves industries like pharmaceuticals, beverages, confectionery, personal care, liquor, and others. It is also involved in developing and using polyethylene (PP) and polycarbonate (PC) by the stretch blow molding process.

Jauss Polymers Headlines

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