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Jeena Sikho Lifecare (NSE:JSLL) Interest Coverage : 18.53 (As of Mar. 2022)


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What is Jeena Sikho Lifecare 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. Jeena Sikho Lifecare's Operating Income for the six months ended in Mar. 2022 was ₹68 Mil. Jeena Sikho Lifecare's Interest Expense for the six months ended in Mar. 2022 was ₹-4 Mil. Jeena Sikho Lifecare's interest coverage for the quarter that ended in Mar. 2022 was 18.53. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Jeena Sikho Lifecare's Interest Coverage or its related term are showing as below:


NSE:JSLL's Interest Coverage is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 8.91
* 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.


Jeena Sikho Lifecare Interest Coverage Historical Data

The historical data trend for Jeena Sikho Lifecare'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.

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Jeena Sikho Lifecare Interest Coverage Chart

Jeena Sikho Lifecare Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
8.60 5.40 11.21 13.31 83.55

Jeena Sikho Lifecare Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Mar23
Interest Coverage Get a 7-Day Free Trial N/A N/A 10.71 18.53 N/A

Competitive Comparison of Jeena Sikho Lifecare's Interest Coverage

For the Medical Care Facilities subindustry, Jeena Sikho Lifecare'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.


Jeena Sikho Lifecare's Interest Coverage Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Jeena Sikho Lifecare's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jeena Sikho Lifecare's Interest Coverage falls into.



Jeena Sikho Lifecare 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.

Jeena Sikho Lifecare's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, Jeena Sikho Lifecare's Interest Expense was ₹-5 Mil. Its Operating Income was ₹457 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹5 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2023 )/Interest Expense (A: Mar. 2023 )
=-1*456.96/-5.469
=83.55

Jeena Sikho Lifecare's Interest Coverage for the quarter that ended in Mar. 2022 is calculated as

Here, for the six months ended in Mar. 2022, Jeena Sikho Lifecare's Interest Expense was ₹-4 Mil. Its Operating Income was ₹68 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹8 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2022 )/Interest Expense (Q: Mar. 2022 )
=-1*68.326/-3.688
=18.53

* 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.


Jeena Sikho Lifecare  (NSE:JSLL) 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 .


Jeena Sikho Lifecare Interest Coverage Related Terms

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Jeena Sikho Lifecare (NSE:JSLL) Business Description

Traded in Other Exchanges
N/A
Address
Kalgidhar Enclave, SCO 11 First Floor, Mohali, Zirakpur, PB, IND, 140604
Jeena Sikho Lifecare Ltd provides ayurvedic healthcare products and services. The company operates only in one business segment which is Trading of Ayurvedic Medicines and providing Ayurvedic therapies. The company engages in conducting health check-up camps, free yoga sessions to make people aware of health problems. It offers a wide range of Ayurvedic products such as Shuddhi 32 Herbs Tea, Shuddhi Addiction Free Kit, Shuddhi BP Package, Shuddhi Diabetes Care Package, and Shuddhi Divya Sanjeevani-Anti-Viral Package.

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