GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jeotex Inc (OTCPK:DWDZF) » Definitions » Interest Coverage

DWDZF (Jeotex) Interest Coverage : 0 (At Loss) (As of Dec. 2018)


View and export this data going back to 2015. Start your Free Trial

What is Jeotex 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. Jeotex's Operating Income for the three months ended in Dec. 2018 was $-0.41 Mil. Jeotex's Interest Expense for the three months ended in Dec. 2018 was $-0.05 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


DWDZF's Interest Coverage is not ranked *
in the Hardware industry.
Industry Median: 13.09
* 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.


Jeotex Interest Coverage Historical Data

The historical data trend for Jeotex'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.

Jeotex Interest Coverage Chart

Jeotex Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Interest Coverage
Get a 7-Day Free Trial - - - - -

Jeotex Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 - - - - -

Competitive Comparison of Jeotex's Interest Coverage

For the Computer Hardware subindustry, Jeotex'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.


Jeotex's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jeotex's Interest Coverage distribution charts can be found below:

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


;
;

Jeotex 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.

Jeotex's Interest Coverage for the fiscal year that ended in Mar. 2018 is calculated as

Here, for the fiscal year that ended in Mar. 2018, Jeotex's Interest Expense was $-0.07 Mil. Its Operating Income was $-12.02 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Jeotex did not have earnings to cover the interest expense.

Jeotex's Interest Coverage for the quarter that ended in Dec. 2018 is calculated as

Here, for the three months ended in Dec. 2018, Jeotex's Interest Expense was $-0.05 Mil. Its Operating Income was $-0.41 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Jeotex did not have earnings to cover the 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.

The higher the ratio, the stronger the company's Financial Strength is.


Jeotex  (OTCPK:DWDZF) 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 .


Jeotex Interest Coverage Related Terms

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


Jeotex Business Description

Traded in Other Exchanges
N/A
Address
1450 Meyerside Drive, Suite 200, Mississauga, ON, CAN, L5T 2N5
Jeotex Inc, formerly DataWind Inc is an Internet connectivity and wireless web access products, provider. The company offers a range of Ubislate Tablets and PocketSurfer Smartphones which include Ubislate 3G10Z, Ubislate i3G7, Ubislate 9W, Ubislate 7DCX+ and Ubislate 7SC as well as Pocket Surfer GZ, Pocket Surfer 2G4X, Pocket Surfer 3G4X, Pocket Surfer 3G4Z and Pocket Surfer 3G5. It has operations worldwide and generates revenue mainly by selling devices and by providing connection and data service.

Jeotex Headlines

No Headlines