Jet Airways (India) (NSE:JETAIRWAYS) Interest Coverage: N/A (As of Mar. 2015)

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NSE:JETAIRWAYS Jet Airways (India) Ltd NSE:JETAIRWAYS
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What is Jet Airways (India) 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. Jet Airways (India)'s Operating Income for the six months ended in Mar. 2015 was ₹0 Mil. Jet Airways (India)'s Interest Expense for the six months ended in Mar. 2015 was ₹0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Jet Airways (India)'s Interest Coverage or its related term are showing as below:


NSE:JETAIRWAYS's Interest Coverage is not ranked *
in the Transportation industry.
Industry Median: 5.635
* 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.

Jet Airways (India)  (NSE:JETAIRWAYS) 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 .

Jet Airways (India) Interest Coverage Related Terms

Jet Airways (India) Interest Coverage Historical Data

* Premium members only.

The historical data trend for Jet Airways (India)'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.

Jet Airways (India) Interest Coverage Chart

Jet Airways (India) Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.79 0.90 0.00

Jet Airways (India) Semi-Annual Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
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 N/A N/A N/A N/A N/A

NSE:JETAIRWAYS vs DAL, LUV, UAL: Interest Coverage Comparison

For the Airlines subindustry, Jet Airways (India)'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.

Jet Airways (India) Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Jet Airways (India)'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jet Airways (India)'s Interest Coverage falls into.


NSE:JETAIRWAYS
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Jet Airways (India) Ltd NSE:JETAIRWAYS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Jet Airways (India) 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.

Jet Airways (India)'s Interest Coverage for the fiscal year that ended in Mar. 2018 is calculated as

Here, for the fiscal year that ended in Mar. 2018, Jet Airways (India)'s Interest Expense was ₹0 Mil. Its Operating Income was ₹-4,689 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹50,856 Mil.

GuruFocus does not calculate Jet Airways (India)'s interest coverage with the available data.

Jet Airways (India)'s Interest Coverage for the quarter that ended in Mar. 2015 is calculated as

Here, for the six months ended in Mar. 2015, Jet Airways (India)'s Interest Expense was ₹0 Mil. Its Operating Income was ₹0 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹66,073 Mil.

GuruFocus does not calculate Jet Airways (India)'s interest coverage with the available data.

* 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.

Jet Airways (India) Business Description

Address 252, LBS Marg, Global One, 3rd Floor, Kurla (West), Mumbai, MH, IND, 400070
Jet Airways (India) Ltd is an international airline operating out of India. The company principal activities include carriage of passengers and cargo in Domestic and International sectors. Passenger tickets may be purchased on its website and through mobile applications. It has arrangements with multiple international airlines to expand global destinations and increase access for customers. Additionally, multiple partnerships with hotels, dining and others allow customers to make accommodations for an entire trip. Geographically, it derives a majority of revenue from India.
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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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