JMKE (Jersey Mike’s Subs) Interest Coverage: 0.14 (As of Mar. 2026)

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JMKE Jersey Mike’s Subs Inc JMKE
8 GF Score
Price $23.00
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What is Jersey Mike’s Subs Interest Coverage?

Jersey Mike’s Subs JMKE +6.33% 8 Interest Coverage is 0.14 as of Mar. 2026. GuruFocus rates JMKE with a GF Score™ of 8/100. Among 263 Restaurants companies, Jersey Mike’s Subs ranks worse than 380227.76% on this metric.

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. Jersey Mike’s Subs's Operating Income for the three months ended in Mar. 2026 was $4.0 Mil. Jersey Mike’s Subs's Interest Expense for the three months ended in Mar. 2026 was $-28.0 Mil. Jersey Mike’s Subs's interest coverage for the quarter that ended in Mar. 2026 was 0.14. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Jersey Mike’s Subs's Interest Coverage or its related term are showing as below:


JMKE's Interest Coverage is not ranked *
in the Restaurants industry.
Industry Median: 6.61
* 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.


Jersey Mike’s Subs  (NYSE:JMKE) 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 .


Jersey Mike’s Subs Interest Coverage Related Terms


Jersey Mike’s Subs Interest Coverage Historical Data

* Premium members only.

The historical data trend for Jersey Mike’s Subs'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.

Jersey Mike’s Subs Interest Coverage Chart

Jersey Mike’s Subs Annual Data
Trend Dec23 Dec24 Dec25
Interest Coverage
1.39 1.02 0.72

Jersey Mike’s Subs Quarterly Data
Dec24 Dec25 Mar26
Interest Coverage N/A N/A 0.14

JMKE vs : Interest Coverage Comparison

For the Restaurants subindustry, Jersey Mike’s Subs'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.


Jersey Mike’s Subs Interest Coverage vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jersey Mike’s Subs's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jersey Mike’s Subs's Interest Coverage falls into.


JMKE
8GF Score
Jersey Mike’s Subs Inc JMKE
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Jersey Mike’s Subs 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.

Jersey Mike’s Subs's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Jersey Mike’s Subs's Interest Expense was $-104.0 Mil. Its Operating Income was $75.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $2,096.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*75/-104
=0.72

Jersey Mike’s Subs's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Jersey Mike’s Subs's Interest Expense was $-28.0 Mil. Its Operating Income was $4.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,791.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*4/-28
=0.14

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0.14 mean?
Jersey Mike’s Subs (JMKE) has a Interest Coverage of 0.14 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Jersey Mike’s Subs and its competitors. According to the industry distribution chart, Jersey Mike’s Subs ranks #999999 out of 263 companies in the Restaurants industry.
Is Jersey Mike’s Subs' Interest Coverage too high?
Jersey Mike’s Subs' current Interest Coverage is 0.14. The Restaurants industry median Interest Coverage is 6.61. Jersey Mike’s Subs' value of 0.14 is 97.9% below this industry median. Based on the distribution chart, Jersey Mike’s Subs ranks #999999 out of 263 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Jersey Mike’s Subs has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Jersey Mike’s Subs' Interest Coverage compare to ?
According to the Restaurants industry distribution chart, Jersey Mike’s Subs ranks #999999 out of 263 companies for Interest Coverage. This places Jersey Mike’s Subs in the lower half of its industry. The industry median Interest Coverage is 6.61. Jersey Mike’s Subs' value of 0.14 is 97.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Restaurants company?
The median Interest Coverage among Restaurants companies is 6.61, based on 263 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jersey Mike’s Subs's current Interest Coverage of 0.14 is 97.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Jersey Mike’s Subs and its competitors. For the Restaurants industry, the median Interest Coverage is 6.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jersey Mike’s Subs's current Interest Coverage is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jersey Mike’s Subs stock overvalued right now?
Jersey Mike’s Subs (JMKE) has a current Interest Coverage of 0.14. The current Interest Coverage is 0.14 and 97.9% below the Restaurants industry median of 6.61. Jersey Mike’s Subs' overall GF Score™ is 8/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Jersey Mike’s Subs (JMKE), the current Interest Coverage is 0.14 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Jersey Mike’s Subs Business Description

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