GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Jahez International Co for Information and Technology (SAU:9526) » Definitions » Interest Coverage

Jahez International Co for Information and Technology (SAU:9526) Interest Coverage : 26.00 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Jahez International Co for Information and Technology 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. Jahez International Co for Information and Technology's Operating Income for the six months ended in Dec. 2023 was ﷼64 Mil. Jahez International Co for Information and Technology's Interest Expense for the six months ended in Dec. 2023 was ﷼-2 Mil. Jahez International Co for Information and Technology's interest coverage for the quarter that ended in Dec. 2023 was 26.00. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Jahez International Co for Information and Technology's Interest Coverage or its related term are showing as below:

SAU:9526' s Interest Coverage Range Over the Past 10 Years
Min: 19.1   Med: 19.59   Max: 223.54
Current: 19.59


SAU:9526's Interest Coverage is ranked better than
69.16% of 762 companies
in the Retail - Cyclical industry
Industry Median: 7.805 vs SAU:9526: 19.59

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Jahez International Co for Information and Technology Interest Coverage Historical Data

The historical data trend for Jahez International Co for Information and Technology'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.

Jahez International Co for Information and Technology Interest Coverage Chart

Jahez International Co for Information and Technology Annual Data
Trend Dec21 Dec22 Dec23
Interest Coverage
223.54 19.10 19.59

Jahez International Co for Information and Technology Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Coverage Get a 7-Day Free Trial 262.78 84.42 0.92 14.31 26.00

Competitive Comparison of Jahez International Co for Information and Technology's Interest Coverage

For the Internet Retail subindustry, Jahez International Co for Information and Technology'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.


Jahez International Co for Information and Technology's Interest Coverage Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Jahez International Co for Information and Technology's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jahez International Co for Information and Technology's Interest Coverage falls into.



Jahez International Co for Information and Technology 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.

Jahez International Co for Information and Technology's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Jahez International Co for Information and Technology's Interest Expense was ﷼-5 Mil. Its Operating Income was ﷼107 Mil. And its Long-Term Debt & Capital Lease Obligation was ﷼63 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*106.926/-5.457
=19.59

Jahez International Co for Information and Technology's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Jahez International Co for Information and Technology's Interest Expense was ﷼-2 Mil. Its Operating Income was ﷼64 Mil. And its Long-Term Debt & Capital Lease Obligation was ﷼63 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*64.128/-2.466
=26.00

* 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.


Jahez International Co for Information and Technology  (SAU:9526) 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 .


Jahez International Co for Information and Technology Interest Coverage Related Terms

Thank you for viewing the detailed overview of Jahez International Co for Information and Technology's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Jahez International Co for Information and Technology (SAU:9526) Business Description

Traded in Other Exchanges
N/A
Address
2065, King Abdullah bin Abdulaziz Road, P.O. Box 2065, Al-Waha District 8594, Riyadh, SAU, 12444
Jahez International Co for Information and Technology operates as an online food delivery platform, connecting users, merchants, and delivery partners across the Kingdom. It engages in providing wireless data services, systems analysis, designing and programming software and providing delivery services via e-platforms.

Jahez International Co for Information and Technology (SAU:9526) Headlines

No Headlines