JNBY Design (HKSE:03306) Interest Coverage : 39.75 (As of Dec. 2023)

JNBY Design Interest Coverage Chart

JNBY Design Annual Data
	Trend	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Interest Coverage		Get a 7-Day Free Trial					No Debt	29.87	29.74	19.91	18.56

JNBY Design Semi-Annual Data
	Jun14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Interest Coverage	Get a 7-Day Free Trial														35.57	7.35	22.44	14.67	39.75

Competitive Comparison of JNBY Design's Interest Coverage

For the Apparel Manufacturing subindustry, JNBY Design'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.

JNBY Design's Interest Coverage Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

JNBY Design 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

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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

JNBY Design's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, JNBY Design's Interest Expense was HK$-50 Mil. Its Operating Income was HK$920 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$240 Mil.

JNBY Design's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, JNBY Design's Interest Expense was HK$-22 Mil. Its Operating Income was HK$879 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$209 Mil.

* 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.

JNBY Design  (HKSE:03306) 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 .

JNBY Design Interest Coverage Related Terms

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

JNBY Design (HKSE:03306) Business Description