Caribbean Cream (XJAM:KREMI) Interest Coverage: 0 (At Loss) (As of . 20)


XJAM:KREMI Caribbean Cream Ltd XJAM:KREMI
19 GF Score
Price JMD1.27
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What is Caribbean Cream Interest Coverage?

Caribbean Cream XJAM:KREMI -13.61% 19 Interest Coverage is 0 (At Loss) as of . 20. GuruFocus rates XJAM:KREMI with a GF Score™ of 19/100. Among 1,504 Consumer Packaged Goods companies, Caribbean Cream ranks worse than 66489.3% 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. Caribbean Cream's Operating Income for the six months ended in . 20 was JMD0.00 Mil. Caribbean Cream'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 Caribbean Cream's Interest Coverage or its related term are showing as below:


XJAM:KREMI's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.585
* 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.


Caribbean Cream  (XJAM:KREMI) 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 .


Caribbean Cream Interest Coverage Related Terms


Caribbean Cream Interest Coverage Historical Data

* Premium members only.

The historical data trend for Caribbean Cream'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.

Caribbean Cream Interest Coverage Chart

Caribbean Cream Annual Data
Trend
Interest Coverage

Caribbean Cream Semi-Annual Data
Interest Coverage

XJAM:KREMI vs GLUC, EEIG: Interest Coverage Comparison

For the Packaged Foods subindustry, Caribbean Cream'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.


Caribbean Cream Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Caribbean Cream's Interest Coverage distribution charts can be found below:

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


XJAM:KREMI
19GF Score
Caribbean Cream Ltd XJAM:KREMI
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Caribbean Cream 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.

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

Here, for the fiscal year that ended in . 20, Caribbean Cream'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.

Caribbean Cream had no debt (1).

Caribbean Cream's Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Caribbean Cream'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.

Caribbean Cream 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?
Caribbean Cream (XJAM:KREMI) 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 Caribbean Cream and its competitors. According to the industry distribution chart, Caribbean Cream ranks #999999 out of 1504 companies in the Consumer Packaged Goods industry.
Is Caribbean Cream's Interest Coverage too high?
Caribbean Cream's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Caribbean Cream ranks #999999 out of 1504 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Caribbean Cream has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Caribbean Cream's Interest Coverage compare to GLUC and EEIG?
According to the Consumer Packaged Goods industry distribution chart, Caribbean Cream ranks #999999 out of 1504 companies for Interest Coverage. This places Caribbean Cream in the lower half of its industry. The industry median Interest Coverage is 8.59. 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.59, based on 1,504 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 Caribbean Cream and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caribbean Cream'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 Caribbean Cream stock overvalued right now?
Caribbean Cream (XJAM:KREMI) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Caribbean Cream's overall GF Score™ is 19/100. 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 Caribbean Cream (XJAM:KREMI), 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.

Caribbean Cream Business Description

Address 3 South Road, Kencot, Kingston, JAM, KGN 10
Caribbean Cream Ltd is a manufacturer and distributor of ice cream and ice cream products. The company distributes its products under the Kremi brand. The products of the company include ice cream, ice cream cakes, and novelties.
19GF Score

Get the complete analysis for XJAM:KREMI

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

JMD1.27
Price