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JVR Ventures (TSXV:JVR.P) Interest Coverage : No Debt (1) (As of Feb. 2025)


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What is JVR Ventures 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. JVR Ventures's Operating Income for the three months ended in Feb. 2025 was C$-0.01 Mil. JVR Ventures's Interest Expense for the three months ended in Feb. 2025 was C$0.00 Mil. JVR Ventures has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

JVR Ventures Inc has no debt.

(1) 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.

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

TSXV:JVR.P' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


TSXV:JVR.P's Interest Coverage is not ranked
in the Diversified Financial Services industry.
Industry Median: No Debt vs TSXV:JVR.P: No Debt

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


JVR Ventures Interest Coverage Historical Data

The historical data trend for JVR Ventures'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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JVR Ventures Interest Coverage Chart

JVR Ventures Annual Data
Trend Feb22 Feb23 Feb24 Feb25
Interest Coverage
No Debt No Debt No Debt No Debt

JVR Ventures Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of JVR Ventures's Interest Coverage

For the Shell Companies subindustry, JVR Ventures'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.


JVR Ventures's Interest Coverage Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, JVR Ventures's Interest Coverage distribution charts can be found below:

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


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JVR Ventures 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.

JVR Ventures's Interest Coverage for the fiscal year that ended in Feb. 2025 is calculated as

Here, for the fiscal year that ended in Feb. 2025, JVR Ventures's Interest Expense was C$0.00 Mil. Its Operating Income was C$-0.03 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

JVR Ventures had no debt (1).

JVR Ventures's Interest Coverage for the quarter that ended in Feb. 2025 is calculated as

Here, for the three months ended in Feb. 2025, JVR Ventures's Interest Expense was C$0.00 Mil. Its Operating Income was C$-0.01 Mil. And its Long-Term Debt & Capital Lease Obligation was C$0.00 Mil.

JVR Ventures had no debt (1).

* 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.


JVR Ventures  (TSXV:JVR.P) 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 .


JVR Ventures Interest Coverage Related Terms

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


JVR Ventures Business Description

Traded in Other Exchanges
N/A
Address
700 West Georgia Street, Suite 2500, 25th Floor, Vancouver, BC, CAN, V7Y 1B3
Website
JVR Ventures Inc is a capital pool company.

JVR Ventures Headlines

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