J.J. Exporters (BOM:530049) Interest Coverage: No Debt (1) (As of Sep. 2023)

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BOM:530049 J.J. Exporters Ltd BOM:530049
4 GF Score
Price ₹3.79
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What is J.J. Exporters Interest Coverage?

J.J. Exporters BOM:530049 4 Interest Coverage is No Debt (1) as of Sep. 2023. GuruFocus rates BOM:530049 with a GF Score™ of 4/100.

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. J.J. Exporters's Operating Income for the three months ended in Sep. 2023 was ₹-0.08 Mil. J.J. Exporters's Interest Expense for the three months ended in Sep. 2023 was ₹0.00 Mil. J.J. Exporters 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 J.J. Exporters's Interest Coverage or its related term are showing as below:


BOM:530049's Interest Coverage is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.43
* 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.


J.J. Exporters  (BOM:530049) 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 .


J.J. Exporters Interest Coverage Related Terms


J.J. Exporters Interest Coverage Historical Data

* Premium members only.

The historical data trend for J.J. Exporters'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.

J.J. Exporters Interest Coverage Chart

J.J. Exporters Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt 0.00 0.00 No Debt No Debt

J.J. Exporters Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 No Debt No Debt No Debt

J.J. Exporters Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, J.J. Exporters'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.


J.J. Exporters Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, J.J. Exporters's Interest Coverage distribution charts can be found below:

* The bar in red indicates where J.J. Exporters's Interest Coverage falls into.


BOM:530049
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J.J. Exporters Ltd BOM:530049
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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J.J. Exporters 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.

J.J. Exporters's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, J.J. Exporters's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-0.32 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

J.J. Exporters had no debt (1).

J.J. Exporters's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, J.J. Exporters's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-0.08 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

J.J. Exporters 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
J.J. Exporters (BOM:530049) has a Interest Coverage of No Debt (1) as of Sep. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on J.J. Exporters and its competitors.
Is J.J. Exporters' Interest Coverage too high?
J.J. Exporters' current Interest Coverage is No Debt (1). Overall, J.J. Exporters has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does J.J. Exporters' Interest Coverage compare to competitors?
J.J. Exporters' Interest Coverage of No Debt (1) can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Interest Coverage is 5.43. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.43, based on 735 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on J.J. Exporters and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. J.J. Exporters's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is J.J. Exporters stock overvalued right now?
J.J. Exporters (BOM:530049) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). J.J. Exporters' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For J.J. Exporters (BOM:530049), the current Interest Coverage is No Debt (1) as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

J.J. Exporters Business Description

Address 64, Bright Street, Kolkata, WB, IND, 700019
J.J. Exporters Ltd is involved in the textile manufacturing business sector. The company is involved in manufacturing and exporting silk fabrics, both traditional and modern. It also manufactures garments and made-ups. The company's products are used by home furnishing and apparel industries. It operates in one business segment, that is Dealing in Textile Goods.
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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