Jemtec (TSXV:JTC) Interest Coverage: 61.00 (As of Apr. 2026) — 92% Below Median

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TSXV:JTC Jemtec Inc TSXV:JTC
50 GF Score
Price C$1.18
GF Value C$0.87
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Jemtec Interest Coverage?

Jemtec TSXV:JTC 50 Interest Coverage is 61.00 as of Apr. 2026, which is 92% below its 10-year median of 790.00. GuruFocus rates TSXV:JTC with a GF Score™ of 50/100 and a GF Value™ of C$0.87 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,677 Hardware companies, Jemtec ranks better than 74.6% on this metric.

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. Jemtec's Operating Income for the three months ended in Apr. 2026 was C$0.06 Mil. Jemtec's Interest Expense for the three months ended in Apr. 2026 was C$-0.00 Mil. Jemtec's interest coverage for the quarter that ended in Apr. 2026 was 61.00. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Jemtec Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

TSXV:JTC' s Interest Coverage Range Over the Past 10 Years
Min: 36   Med: 790   Max: No Debt
Current: 57.5


TSXV:JTC's Interest Coverage is ranked better than
74.6% of 1677 companies
in the Hardware industry
Industry Median: 13.68 vs TSXV:JTC: 57.50

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


Jemtec  (TSXV:JTC) 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 .


Jemtec Interest Coverage Related Terms


Jemtec Interest Coverage Historical Data

* Premium members only.

The historical data trend for Jemtec'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.

Jemtec Interest Coverage Chart

Jemtec Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 680.00 790.00 0.00 36.00 69.00

Jemtec Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 54.00 14.00 116.00 39.00 61.00

TSXV:JTC vs COHR, KEYS, GRMN: Interest Coverage Comparison

For the Scientific & Technical Instruments subindustry, Jemtec'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.


Jemtec Interest Coverage vs Hardware Industry

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

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


TSXV:JTC
50GF Score
Jemtec Inc TSXV:JTC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jemtec 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.

Jemtec's Interest Coverage for the fiscal year that ended in Jul. 2025 is calculated as

Here, for the fiscal year that ended in Jul. 2025, Jemtec's Interest Expense was C$-0.00 Mil. Its Operating Income was C$0.14 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.12 Mil.

Interest Coverage=-1* Operating Income (A: Jul. 2025 )/Interest Expense (A: Jul. 2025 )
=-1*0.138/-0.002
=69.00

Jemtec's Interest Coverage for the quarter that ended in Apr. 2026 is calculated as

Here, for the three months ended in Apr. 2026, Jemtec's Interest Expense was C$-0.00 Mil. Its Operating Income was C$0.06 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.06 Mil.

Interest Coverage=-1* Operating Income (Q: Apr. 2026 )/Interest Expense (Q: Apr. 2026 )
=-1*0.061/-0.001
=61.00

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 61.00 mean?
Jemtec (TSXV:JTC) has a Interest Coverage of 61.00 as of Apr. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Jemtec and its competitors. This is 92% below median its historical median of 790.00. Over the past decade, Jemtec's Interest Coverage has ranged from 36.00 to 10,000.00. According to the industry distribution chart, Jemtec ranks #426 out of 1677 companies in the Hardware industry, placing it in the top 25.4%.
Is Jemtec's Interest Coverage too high?
Jemtec's current Interest Coverage of 61.00 is 92% below median its 10-year median of 790.00. Over the past 10 years, this metric has ranged from a low of 36.00 to a high of 10,000.00. The Hardware industry median Interest Coverage is 13.68. Jemtec's value of 61.00 is 345.9% above this industry median. Based on the distribution chart, Jemtec ranks #426 out of 1677 companies in the Hardware industry, which is above the industry midpoint. Overall, Jemtec has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Jemtec's Interest Coverage compare to COHR and KEYS?
According to the Hardware industry distribution chart, Jemtec ranks #426 out of 1677 companies for Interest Coverage. This puts Jemtec in the upper half of its industry. The industry median Interest Coverage is 13.68. Jemtec's value of 61.00 is 345.9% above this benchmark. Historically, Jemtec's own Interest Coverage has ranged from 36.00 to 10,000.00 over the past decade. While the company's 10-year median is 790.00 vs. the industry median of 13.68, Jemtec has consistently been above the industry average. 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.68, based on 1,677 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. Jemtec's current Interest Coverage of 61.00 is 345.9% above the industry median. 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 Jemtec and its competitors. For the Hardware industry, the median Interest Coverage is 13.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jemtec's current Interest Coverage is 61.00, which is 92% below median its own 10-year median of 790.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jemtec stock overvalued right now?
Based on GuruFocus' analysis, Jemtec (TSXV:JTC) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.87, compared to a current price of C$1.18 — trading 35.6% above its estimated fair value. The current Interest Coverage is 61.00, which is 92% below median its 10-year median of 790.00 and 345.9% above the Hardware industry median of 13.68. Jemtec's overall GF Score™ is 50/100 with 1 warning sign to review. 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 Jemtec (TSXV:JTC), the current Interest Coverage is 61.00 as of Apr. 2026. 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.

Is Jemtec (TSXV:JTC) Overvalued in 2026?

Based on GuruFocus' analysis, Jemtec stock appears to be overvalued. The current stock price of C$1.18 is trading 35.6% above its estimated GF Value™ of C$0.87. GuruFocus considers Jemtec to be Significantly Overvalued.

Key valuation signals for TSXV:JTC:

  • Interest Coverage: 61.00 (92% below median its 10-year median of 790.00)
  • GF Value™: C$0.87 vs. price of C$1.18 (35.6% above fair value)
  • GF Score™: 50/100 with 1 warning sign
  • Industry Position: 345.9% above the Hardware median (#426 of 1677)

No single metric tells the full story. See the TSXV:JTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jemtec Business Description

Address 38 Fell Avenue, Suite 200, North Vancouver, Vancouver, BC, CAN, V7P 3S2
Jemtec Inc is a provider of services and technologies for offender monitoring. The company's services include positioning systems, electronic monitoring, alcohol detection, and voice verification technologies. The Company's core business is the provision of services and technologies for offender monitoring with Canadian federal and provincial correctional departments. It also provides bail services. The company earns maximum revenue in the form of leasing, monitoring, activation, and bail.
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$1.18
Price
C$0.87
GF Value