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Jason Marine Group (SGX:5PF) Interest Coverage : 48.27 (As of Mar. 2025)


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What is Jason Marine Group 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. Jason Marine Group's Operating Income for the six months ended in Mar. 2025 was S$1.45 Mil. Jason Marine Group's Interest Expense for the six months ended in Mar. 2025 was S$-0.03 Mil. Jason Marine Group's interest coverage for the quarter that ended in Mar. 2025 was 48.27. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Jason Marine Group's Interest Coverage or its related term are showing as below:

SGX:5PF' s Interest Coverage Range Over the Past 10 Years
Min: 6.84   Med: 5033.94   Max: No Debt
Current: 19.21


SGX:5PF's Interest Coverage is ranked better than
57.59% of 1601 companies
in the Hardware industry
Industry Median: 13.09 vs SGX:5PF: 19.21

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


Jason Marine Group Interest Coverage Historical Data

The historical data trend for Jason Marine Group'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.

Jason Marine Group Interest Coverage Chart

Jason Marine Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.87 7.89 6.84 19.21 -

Jason Marine Group Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
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 15.78 - - - 48.27

Competitive Comparison of Jason Marine Group's Interest Coverage

For the Scientific & Technical Instruments subindustry, Jason Marine Group'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.


Jason Marine Group's Interest Coverage Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Jason Marine Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jason Marine Group's Interest Coverage falls into.


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Jason Marine Group 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.

Jason Marine Group's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Jason Marine Group's Interest Expense was S$-0.08 Mil. Its Operating Income was S$-0.69 Mil. And its Long-Term Debt & Capital Lease Obligation was S$0.33 Mil.

Jason Marine Group did not have earnings to cover the interest expense.

Jason Marine Group's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the six months ended in Mar. 2025, Jason Marine Group's Interest Expense was S$-0.03 Mil. Its Operating Income was S$1.45 Mil. And its Long-Term Debt & Capital Lease Obligation was S$0.33 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*1.448/-0.03
=48.27

* 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.


Jason Marine Group  (SGX:5PF) 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 .


Jason Marine Group Interest Coverage Related Terms

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


Jason Marine Group Business Description

Traded in Other Exchanges
N/A
Address
194 Pandan Loop, Number 06-05 Pantech Business Hub, Singapore, SGP, 128383
Jason Marine Group Ltd is a marine electronics system integrator and provides support services for the marine and offshore oil and gas industries. Its segments are as follows, sale of goods, which involves the design, supply, and sale of marine, communication, navigation, and automation equipment; and rendering of services, which is engaged in the provision of maintenance and support services; and Airtime Revenue, which is engaged in the provision of airtime for the satellite communication system. The company makes its majority revenue from the sale of goods segment and has operations spread across the world.

Jason Marine Group Headlines

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