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 Syringes & Medical Devices's
Operating Income
for the
three
months ended in Mar. 2025 was BDT13 Mil. JMI Syringes & Medical Devices's Interest Expense for the
three
months ended in Mar. 2025 was BDT-1 Mil.
JMI Syringes & Medical Devices's interest coverage for the quarter that ended in Mar. 2025 was 17.27.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for JMI Syringes & Medical Devices's Interest Coverage or its related term are showing as below:
DHA:JMISMDL's Interest Coverage is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 15.875 * Ranked among companies with meaningful Interest Coverage only.
JMI Syringes & Medical Devices (DHA:JMISMDL) 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 Syringes & Medical Devices Interest Coverage Related Terms
JMI Syringes & Medical Devices Interest Coverage Historical Data
* 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.
JMI Syringes & Medical Devices Interest Coverage Chart
DHA:JMISMDL vs ISRG, BDX, MDLN: Interest Coverage Comparison
For the Medical Instruments & Supplies subindustry, JMI Syringes & Medical Devices'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 Syringes & Medical Devices Interest Coverage vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, JMI Syringes & Medical Devices's Interest Coverage distribution charts can be found below:
* The bar in red indicates where JMI Syringes & Medical Devices's Interest Coverage falls into.
JMI Syringes & Medical Devices 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:
* 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.
JMI Syringes & Medical Devices (DHA:JMISMDL) has a Interest Coverage of 17.27 as of Mar. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on JMI Syringes & Medical Devices and its competitors.
Is JMI Syringes & Medical Devices' Interest Coverage too high?
JMI Syringes & Medical Devices' current Interest Coverage is 17.27. The Medical Devices & Instruments industry median Interest Coverage is 15.88. JMI Syringes & Medical Devices' value of 17.27 is 8.8% above this industry median. Overall, JMI Syringes & Medical Devices has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does JMI Syringes & Medical Devices' Interest Coverage compare to ISRG and BDX?
JMI Syringes & Medical Devices' Interest Coverage of 17.27 can be compared against companies in the Medical Devices & Instruments industry. The industry median Interest Coverage is 15.88. JMI Syringes & Medical Devices' value of 17.27 is 8.8% above this benchmark. 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 Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 15.88, based on 466 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. JMI Syringes & Medical Devices's current Interest Coverage of 17.27 is 8.8% above the industry median. 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 JMI Syringes & Medical Devices and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 15.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JMI Syringes & Medical Devices's current Interest Coverage is 17.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JMI Syringes & Medical Devices stock overvalued right now?
JMI Syringes & Medical Devices (DHA:JMISMDL) has a current Interest Coverage of 17.27. The current Interest Coverage is 17.27 and 8.8% above the Medical Devices & Instruments industry median of 15.88. JMI Syringes & Medical Devices' overall GF Score™ is 75/100. 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 JMI Syringes & Medical Devices (DHA:JMISMDL), the current Interest Coverage is 17.27 as of Mar. 2025. 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.
JMI Syringes & Medical Devices Business Description
JMI Syringes & Medical Devices Ltd is a Bangladesh-based syringe and medical device manufacturing company. It manufactures and markets disposable syringe, auto-disable syringe, needle, infusion set, scalp vein set, urine drainage bag, insulin syringe, First AID bandage, riles tube, IV Cannula, feeding tube, and Blood Lancets, and other products.
75GF Score
Get the complete analysis for DHA:JMISMDL
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