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GEE Group (GEE Group) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is GEE Group 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. GEE Group's Operating Income for the three months ended in Dec. 2023 was $-1.7 Mil. GEE Group's Interest Expense for the three months ended in Dec. 2023 was $-0.1 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 GEE Group's Interest Coverage or its related term are showing as below:


JOB's Interest Coverage is not ranked *
in the Business Services industry.
Industry Median: 13.395
* 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.


GEE Group Interest Coverage Historical Data

The historical data trend for GEE Group'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.

GEE Group Interest Coverage Chart

GEE Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.10 15.72 6.05

GEE Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.44 9.51 9.11 - -

Competitive Comparison of GEE Group's Interest Coverage

For the Staffing & Employment Services subindustry, GEE Group'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.


GEE Group's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, GEE Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where GEE Group's Interest Coverage falls into.



GEE Group 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.

GEE Group's Interest Coverage for the fiscal year that ended in Sep. 2023 is calculated as

Here, for the fiscal year that ended in Sep. 2023, GEE Group's Interest Expense was $-0.3 Mil. Its Operating Income was $2.0 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.5 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2023 )/Interest Expense (A: Sep. 2023 )
=-1*2.033/-0.336
=6.05

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

Here, for the three months ended in Dec. 2023, GEE Group's Interest Expense was $-0.1 Mil. Its Operating Income was $-1.7 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.2 Mil.

GEE Group 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.


GEE Group  (AMEX:JOB) 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 .


GEE Group Interest Coverage Related Terms

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


GEE Group (GEE Group) Business Description

Traded in Other Exchanges
Address
7751 Belfort Parkway, Suite 150, Jacksonville, FL, USA, 32256
GEE Group Inc is a provider of specialized staffing solutions across the United States. The company's operating segment includes Industrial Staffing Services and Professional Staffing Services. It generates maximum revenue from the Professional Staffing Services segment. The company provides the following services, direct hire placement services, temporary professional services staffing in the fields of information technology, accounting, finance and office, engineering, and medical, and temporary light industrial staffing.
Executives
David Sandberg director 40 SE 5TH STREET, SUITE 502, BOCA RATON FL 33432
John Randall Waterfield director 140 BROADWAY, 46TH FLOOR, NEW YORK NY 10005
Jyrl James director 7751 BELFORT PARKWAY, SUITE 150,, JACKSONVILLE FL 32256
Derek E Dewan director, officer: CEO 7751 BELFORT PARKWAY, SUITE 150, JACKSONVILLE FL 32256
Kim D Thorpe officer: Chief Financial Officer 275 WATER ST, STE 1400, JACKSONVILL FL 32202-1547
Darla D Moore director 11 WEST 42ND ST, NEW YORK NY 10036
Matthew E Gormly director 7751 BELFORT PARKWAY, SUITE 150, JACKSONVILLE FL 32256
Stuckey Alexander Preston Alexander director 13500 SUTTON PARK DRIVE SOUTH, SUITE 204, JACKSONVILLE FL 32224
Carl T Camden director 999 WEST BIG BEAVER ROAD, TROY MI 48084
Thomas Vetrano director 7751 BELFORT PARKWAY, SUITE 150, JACKSONVILLE FL 32256
Arthur B Laffer director 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Peter J Tanous director
Thomas Charles Williams director 150 TROTTERS RIDGE, FAYETTEVILLE GA 30215
William M Isaac director C/O ASSOCIATES FIRST CAPITAL CORP, 250 E CARPENTER FREEWAY, IRVING TX 75062
George A Bajalia director P.O. BOX 551125, JACKSONVILLE FL 32255