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Jammin Java (Jammin Java) Interest Coverage : 0 (At Loss) (As of Sep. 2023)


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What is Jammin Java 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. Jammin Java's Operating Income for the three months ended in Sep. 2023 was $-0.04 Mil. Jammin Java's Interest Expense for the three months ended in Sep. 2023 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.

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


JAMN's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4.01
* 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.


Jammin Java Interest Coverage Historical Data

The historical data trend for Jammin Java'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.

Jammin Java Interest Coverage Chart

Jammin Java Annual Data
Trend Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
Interest Coverage
Get a 7-Day Free Trial Premium Member Only No Debt No Debt - - -

Jammin Java Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Sep22 Sep23
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 Jammin Java's Interest Coverage

For the Real Estate Services subindustry, Jammin Java'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.


Jammin Java's Interest Coverage Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Jammin Java's Interest Coverage distribution charts can be found below:

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



Jammin Java 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.

Jammin Java's Interest Coverage for the fiscal year that ended in Jan. 2015 is calculated as

Here, for the fiscal year that ended in Jan. 2015, Jammin Java's Interest Expense was $-0.00 Mil. Its Operating Income was $-8.48 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Jammin Java did not have earnings to cover the interest expense.

Jammin Java's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Jammin Java's Interest Expense was $-0.00 Mil. Its Operating Income was $-0.04 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Jammin Java 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.


Jammin Java  (OTCPK:JAMN) 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 .


Jammin Java Interest Coverage Related Terms

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


Jammin Java (Jammin Java) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
447 Broadway, Unit 103, 2nd Floor, New York, NY, USA, 10013
Jammin Java Corp is focused on becoming a real estate acquisition, development and value-added development company.
Executives
Rohan Marley director, 10 percent owner SUITE 321, 357 SOUTH FAIRFAX, LOS ANGELES CA 90036
Brent Toevs director, officer: CEO 2764 IRONWOOD CIRCLE, ERIE CO 80516
Anh Tien Tran director, officer: PRESIDENT 936 N. HUDSON AVE., SUITE 102, LOS ANGELES CA 90038
Paola Dooly director, officer: Director of Sales 2660 SW RAVENSVIEW DR, PORTLAND TX 97201
Shane Whittle other: FORMER CEO,TREAS,SEC.&DIRECTOR
David Oneill other: FORMER 10% OWNER PO BOX 6140, NEWPORT BEACH CA 92658
David O'neill director, 10 percent owner, officer: President, Sec, Treas 6240 WEST 3RD STREET, SUITE 432, LOS ANGELES CA 90036

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