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John Adams Life (John Adams Life) Interest Coverage : 0 (At Loss) (As of . 20)


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What is John Adams Life 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 EBIT by its Interest Expense. John Adams Life's EBIT for the three months ended in . 20 was $0.00 Mil. John Adams Life's Interest Expense for the three months ended in . 20 was $0.00 Mil. did not have earnings to cover the interest expense. 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 John Adams Life's Interest Coverage or its related term are showing as below:


JALC's Interest Coverage is not ranked *
in the Insurance industry.
Industry Median: 14.475
* 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.


John Adams Life Interest Coverage Historical Data

The historical data trend for John Adams Life'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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John Adams Life Interest Coverage Chart

John Adams Life Annual Data
Trend
Interest Coverage

John Adams Life Quarterly Data
Interest Coverage

Competitive Comparison of John Adams Life's Interest Coverage

For the Insurance - Life subindustry, John Adams Life'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.


John Adams Life's Interest Coverage Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, John Adams Life's Interest Coverage distribution charts can be found below:

* The bar in red indicates where John Adams Life's Interest Coverage falls into.



John Adams Life 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 EBIT is positive, then

Interest Coverage=-1* EBIT /Interest Expense

Else if Interest Expense is negative and EBIT 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.

John Adams Life's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, John Adams Life's Interest Expense was $0.00 Mil. Its EBIT was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

John Adams Life had no debt (1).

John Adams Life's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the three months ended in . 20, John Adams Life's Interest Expense was $0.00 Mil. Its EBIT was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

John Adams Life 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.


John Adams Life  (OTCPK:JALC) 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 .


John Adams Life Interest Coverage Related Terms

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John Adams Life (John Adams Life) Business Description

Traded in Other Exchanges
N/A
Address
5776 Lindero Cyn. Road, Ste. D-417, Westlake Village, CA, USA, 91362
John Adams Life Corp is a us-based company. The company is continuing to explore opportunities for mergers and acquisitions in its business of offering financial services to individuals and businesses. The company's source of revenue is Investment Income, Realized gains(loss) on investment, and Commissions.

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