GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Jura Energy Corp (OTCPK:JECFF) » Definitions » Interest Coverage

Jura Energy (Jura Energy) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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

What is Jura Energy 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. Jura Energy's Operating Income for the three months ended in Mar. 2024 was $-0.47 Mil. Jura Energy's Interest Expense for the three months ended in Mar. 2024 was $-0.38 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 Jura Energy's Interest Coverage or its related term are showing as below:


JECFF's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 6.655
* 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.


Jura Energy Interest Coverage Historical Data

The historical data trend for Jura Energy'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.

Jura Energy Interest Coverage Chart

Jura Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 2.68 2.19 0.16 -

Jura Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.06 - - - -

Competitive Comparison of Jura Energy's Interest Coverage

For the Oil & Gas E&P subindustry, Jura Energy'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.


Jura Energy's Interest Coverage Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Jura Energy's Interest Coverage distribution charts can be found below:

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



Jura Energy 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.

Jura Energy's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Jura Energy's Interest Expense was $-1.75 Mil. Its Operating Income was $-3.77 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.09 Mil.

Jura Energy did not have earnings to cover the interest expense.

Jura Energy's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Jura Energy's Interest Expense was $-0.38 Mil. Its Operating Income was $-0.47 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.07 Mil.

Jura Energy 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.


Jura Energy  (OTCPK:JECFF) 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 .


Jura Energy Interest Coverage Related Terms

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


Jura Energy (Jura Energy) Business Description

Traded in Other Exchanges
Address
144 - 4th Avenue SW, Suite 2100, Calgary, AB, CAN, T2P 3N4
Jura Energy Corp is an upstream oil and gas exploration company. The principal activities of the company are exploration, extraction and production of oil and natural gas. It is organized into two operating segments based on geography, namely oil and gas operations in Pakistan and corporate activities in Canada. The Pakistan segment derives its revenue primarily from the sale of petroleum products in Pakistan.

Jura Energy (Jura Energy) Headlines

From GuruFocus

Jura Announces Release of Annual Filings

By GlobeNewswire GlobeNewswire 06-03-2020

Operations Update and Initiation of Arbitration

By GlobeNewswire GlobeNewswire 12-24-2022

Jura Announces Release of Interim Filings

By GlobeNewswire GlobeNewswire 05-30-2018

Jura Announces Results of Shareholder Meeting

By GlobeNewswire GlobeNewswire 06-09-2018

Umair NW-1 Exploratory Well Update

By GlobeNewswire GlobeNewswire 08-20-2020

Jura Announces Closing of Syndicated Term Finance Facility

By GlobeNewswire GlobeNewswire 02-01-2020

Jura Announces Release of Interim Filings

By GlobeNewswire GlobeNewswire 08-28-2020

Jura Announces Release of Interim Filings and Operational Update

By GlobeNewswire GlobeNewswire 05-30-2022

Jura Announces Restricted Share Unit Grant

By GlobeNewswire GlobeNewswire 03-30-2019

Jura Energy Corporation Announces Update to Annual and Q1 Filings

By GlobeNewswire GlobeNewswire 05-29-2020