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JMI Hospital Requisite Manufacturing (DHA:JHRML) Interest Coverage : 8.26 (As of Mar. 2025)


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What is JMI Hospital Requisite Manufacturing 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. JMI Hospital Requisite Manufacturing's Operating Income for the three months ended in Mar. 2025 was BDT89 Mil. JMI Hospital Requisite Manufacturing's Interest Expense for the three months ended in Mar. 2025 was BDT-11 Mil. JMI Hospital Requisite Manufacturing's interest coverage for the quarter that ended in Mar. 2025 was 8.26. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for JMI Hospital Requisite Manufacturing's Interest Coverage or its related term are showing as below:

DHA:JHRML' s Interest Coverage Range Over the Past 10 Years
Min: 2.85   Med: 3.3   Max: 3.6
Current: 2.85


DHA:JHRML's Interest Coverage is ranked worse than
81.92% of 448 companies
in the Medical Devices & Instruments industry
Industry Median: 17.235 vs DHA:JHRML: 2.85

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


JMI Hospital Requisite Manufacturing Interest Coverage Historical Data

The historical data trend for JMI Hospital Requisite Manufacturing'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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JMI Hospital Requisite Manufacturing Interest Coverage Chart

JMI Hospital Requisite Manufacturing Annual Data
Trend Jun23 Jun24
Interest Coverage
3.60 2.99

JMI Hospital Requisite Manufacturing Quarterly Data
Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Interest Coverage Get a 7-Day Free Trial 7.08 1.51 2.34 7.34 8.26

Competitive Comparison of JMI Hospital Requisite Manufacturing's Interest Coverage

For the Medical Instruments & Supplies subindustry, JMI Hospital Requisite Manufacturing'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.


JMI Hospital Requisite Manufacturing's Interest Coverage Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, JMI Hospital Requisite Manufacturing's Interest Coverage distribution charts can be found below:

* The bar in red indicates where JMI Hospital Requisite Manufacturing's Interest Coverage falls into.


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JMI Hospital Requisite Manufacturing 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.

JMI Hospital Requisite Manufacturing's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, JMI Hospital Requisite Manufacturing's Interest Expense was BDT-143 Mil. Its Operating Income was BDT426 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT148 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2024 )/Interest Expense (A: Jun. 2024 )
=-1*425.911/-142.679
=2.99

JMI Hospital Requisite Manufacturing's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, JMI Hospital Requisite Manufacturing's Interest Expense was BDT-11 Mil. Its Operating Income was BDT89 Mil. And its Long-Term Debt & Capital Lease Obligation was BDT177 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*88.637/-10.73
=8.26

* 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.


JMI Hospital Requisite Manufacturing  (DHA:JHRML) 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 .


JMI Hospital Requisite Manufacturing Interest Coverage Related Terms

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


JMI Hospital Requisite Manufacturing Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
117, Kazi Nazrul Islam Avenue, Unique Heights, Level-11, Ramna, Dhaka, BGD, 1217
JMI Hospital Requisite Manufacturing Ltd is engaged in the production of medical devices and components. The company produces health & hospicare products. The products of the company include Surgical Sutures, Surgical Gloves, IV Cannula, Bulk Needles, Blister Film, Infusion Set Components, Disposable Scalpels, Nasal Oxygen Cannulas, Blood Transfusion Sets, Urine Drainage Bags, Scalp Vein Sets, and others.

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