Jain Studios (NSE:JAINSTUDIO) Interest Coverage: 0 (At Loss) (As of Sep. 2019)


NSE:JAINSTUDIO Jain Studios Ltd NSE:JAINSTUDIO
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What is Jain Studios Interest Coverage?

Jain Studios NSE:JAINSTUDIO 4 Interest Coverage is 0 (At Loss) as of Sep. 2019. GuruFocus rates NSE:JAINSTUDIO with a GF Score™ of 4/100.

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. Jain Studios's Operating Income for the three months ended in Sep. 2019 was ₹-4.20 Mil. Jain Studios's Interest Expense for the three months ended in Sep. 2019 was ₹-0.15 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 Jain Studios's Interest Coverage or its related term are showing as below:


NSE:JAINSTUDIO's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.66
* 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.


Jain Studios  (NSE:JAINSTUDIO) 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 .


Jain Studios Interest Coverage Related Terms


Jain Studios Interest Coverage Historical Data

* Premium members only.

The historical data trend for Jain Studios'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.

Jain Studios Interest Coverage Chart

Jain Studios Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Jain Studios Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.00 0.00 No Debt 0.00 0.00

NSE:JAINSTUDIO vs SIRI, FOXA, LSXMA: Interest Coverage Comparison

For the Broadcasting subindustry, Jain Studios'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.


Jain Studios Interest Coverage vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Jain Studios's Interest Coverage distribution charts can be found below:

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


NSE:JAINSTUDIO
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Jain Studios Ltd NSE:JAINSTUDIO
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Jain Studios 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.

Jain Studios's Interest Coverage for the fiscal year that ended in Mar. 2019 is calculated as

Here, for the fiscal year that ended in Mar. 2019, Jain Studios's Interest Expense was ₹-0.05 Mil. Its Operating Income was ₹-21.74 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Jain Studios did not have earnings to cover the interest expense.

Jain Studios's Interest Coverage for the quarter that ended in Sep. 2019 is calculated as

Here, for the three months ended in Sep. 2019, Jain Studios's Interest Expense was ₹-0.15 Mil. Its Operating Income was ₹-4.20 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Jain Studios 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Jain Studios (NSE:JAINSTUDIO) has a Interest Coverage of 0 (At Loss) as of Sep. 2019. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Jain Studios and its competitors.
Is Jain Studios' Interest Coverage too high?
Jain Studios' current Interest Coverage is 0 (At Loss). Overall, Jain Studios has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Jain Studios' Interest Coverage compare to SIRI and FOXA?
Jain Studios' Interest Coverage of 0 (At Loss) can be compared against companies in the Media - Diversified industry. The industry median Interest Coverage is 11.66. 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 Media - Diversified company?
The median Interest Coverage among Media - Diversified companies is 11.66, based on 604 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. 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 Jain Studios and its competitors. For the Media - Diversified industry, the median Interest Coverage is 11.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jain Studios's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jain Studios stock overvalued right now?
Jain Studios (NSE:JAINSTUDIO) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Jain Studios' overall GF Score™ is 4/100. 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 Jain Studios (NSE:JAINSTUDIO), the current Interest Coverage is 0 (At Loss) as of Sep. 2019. 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.

Jain Studios Business Description

Address Scindia Villa, Sarojini Nagar, Ring Road, New Delhi, IND, 110023
Jain Studios Ltd is a media company engaged in broadcasting. It is engaged in marketing, production & broadcasting of television programmes. The company's other services include education infrastructure & technology; teleport; and production and distribution of cinema photographic film and mobile healthcare. It operates a 24-hour News and Current Affairs Channel under the brand name JAIN Television.
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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