GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Jishanye Inc (GREY:JSHY) » Definitions » Interest Coverage

Jishanye (Jishanye) Interest Coverage : No Debt (1) (As of Mar. 2016)


View and export this data going back to 2014. Start your Free Trial

What is Jishanye 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. Jishanye's Operating Income for the three months ended in Mar. 2016 was $-0.11 Mil. Jishanye's Interest Expense for the three months ended in Mar. 2016 was $0.00 Mil. Jishanye has no debt. 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 Jishanye's Interest Coverage or its related term are showing as below:


JSHY's Interest Coverage is not ranked *
in the Personal Services industry.
Industry Median: 10.5
* 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.


Jishanye Interest Coverage Historical Data

The historical data trend for Jishanye'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.

Jishanye Interest Coverage Chart

Jishanye Annual Data
Trend Dec12 Dec13 Dec14 Dec15
Interest Coverage
No Debt No Debt No Debt No Debt

Jishanye Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Jishanye's Interest Coverage

For the Personal Services subindustry, Jishanye'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.


Jishanye's Interest Coverage Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Jishanye's Interest Coverage distribution charts can be found below:

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



Jishanye 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.

Jishanye's Interest Coverage for the fiscal year that ended in Dec. 2015 is calculated as

Here, for the fiscal year that ended in Dec. 2015, Jishanye's Interest Expense was $0.00 Mil. Its Operating Income was $-0.25 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Jishanye had no debt (1).

Jishanye's Interest Coverage for the quarter that ended in Mar. 2016 is calculated as

Here, for the three months ended in Mar. 2016, Jishanye's Interest Expense was $0.00 Mil. Its Operating Income was $-0.11 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Jishanye 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.


Jishanye  (GREY:JSHY) 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 .


Jishanye Interest Coverage Related Terms

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


Jishanye (Jishanye) Business Description

Traded in Other Exchanges
N/A
Address
No. 247, Minsheng 1st Road, 7th Floor, Xinxing District, Kaohsiung City, TWN, 800
Jishanye Inc through its subsidiary provides funeral management services. The company is engaged in one single operating segment consisting of funeral management services in Taiwan. The company's funeral management services include providing the necessary setting and personnel to meet the grieving family's religious and cultural preferences. The firm also offers death care management consultancy services to small and medium-sized enterprises. Its other services consist of providing the family with funeral merchandise, such as a coffin, funeral clothes, mourning dress, flowers, wreaths, candles, funerary offerings, cremation urns, cemetery plots and management of the cemetery.

Jishanye (Jishanye) Headlines

No Headlines