Express Catering (XJAM:ECL) Interest Coverage: 0 (At Loss) (As of . 20)


What is Express Catering Interest Coverage?

Express Catering XJAM:ECL -0.46% Interest Coverage is 0 (At Loss) as of . 20. Among 262 Restaurants companies, Express Catering ranks worse than 381679.01% 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. Express Catering's Operating Income for the six months ended in . 20 was JMD0.00 Mil. Express Catering's Interest Expense for the six months ended in . 20 was JMD0.00 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

(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 Express Catering's Interest Coverage or its related term are showing as below:


XJAM:ECL's Interest Coverage is not ranked *
in the Restaurants industry.
Industry Median: 6.45
* 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.

Express Catering  (XJAM:ECL) 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 .

Express Catering Interest Coverage Related Terms

Express Catering Interest Coverage Historical Data

* Premium members only.

The historical data trend for Express Catering'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.

Express Catering Interest Coverage Chart

Express Catering Annual Data
Trend
Interest Coverage

Express Catering Semi-Annual Data
Interest Coverage

XJAM:ECL vs BDVB, STRZ, GIGL: Interest Coverage Comparison

For the Restaurants subindustry, Express Catering'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.

Express Catering Interest Coverage vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Express Catering's Interest Coverage distribution charts can be found below:

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


Express Catering 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.

Express Catering's Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Express Catering's Interest Expense was JMD0.00 Mil. Its Operating Income was JMD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was JMD0.00 Mil.

Express Catering had no debt (1).

Express Catering's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Express Catering's Interest Expense was JMD0.00 Mil. Its Operating Income was JMD0.00 Mil. And its Long-Term Debt & Capital Lease Obligation was JMD0.00 Mil.

Express Catering 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 0 (At Loss) mean?
Express Catering (XJAM:ECL) has a Interest Coverage of 0 (At Loss) as of . 20. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Express Catering and its competitors. According to the industry distribution chart, Express Catering ranks #999999 out of 262 companies in the Restaurants industry.
Is Express Catering's Interest Coverage too high?
Express Catering's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Express Catering ranks #999999 out of 262 companies in the Restaurants industry, which is in the bottom quartile relative to peers.
How does Express Catering's Interest Coverage compare to BDVB and STRZ?
According to the Restaurants industry distribution chart, Express Catering ranks #999999 out of 262 companies for Interest Coverage. This places Express Catering in the lower half of its industry. The industry median Interest Coverage is 6.45. 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 Restaurants company?
The median Interest Coverage among Restaurants companies is 6.45, based on 262 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. 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 Express Catering and its competitors. For the Restaurants industry, the median Interest Coverage is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Express Catering's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Express Catering stock overvalued right now?
Express Catering (XJAM:ECL) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). 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 Express Catering (XJAM:ECL), the current Interest Coverage is 0 (At Loss) as of . 20. 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.

Express Catering Business Description

Address Unit 16 M19 Southern Cross Boulevard, Montego Bay Freeport, St. James, Montego Bay, JAM
Express Catering Ltd is engaged in providing food and beverage services at the Sangster International Airport in Montego Bay.