Consolidated Bakeries (Jamaica) (XJAM:PURITY) Interest Coverage: 0 (At Loss) (As of . 20)


XJAM:PURITY Consolidated Bakeries (Jamaica) Ltd XJAM:PURITY
20 GF Score
Price JMD1.22
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What is Consolidated Bakeries (Jamaica) Interest Coverage?

Consolidated Bakeries (Jamaica) XJAM:PURITY 20 Interest Coverage is 0 (At Loss) as of . 20. GuruFocus rates XJAM:PURITY with a GF Score™ of 20/100. Among 1,507 Consumer Packaged Goods companies, Consolidated Bakeries (Jamaica) ranks worse than 66356.93% 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. Consolidated Bakeries (Jamaica)'s Operating Income for the six months ended in . 20 was JMD0.00 Mil. Consolidated Bakeries (Jamaica)'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 Consolidated Bakeries (Jamaica)'s Interest Coverage or its related term are showing as below:


XJAM:PURITY's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.6
* 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.


Consolidated Bakeries (Jamaica)  (XJAM:PURITY) 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 .


Consolidated Bakeries (Jamaica) Interest Coverage Related Terms


Consolidated Bakeries (Jamaica) Interest Coverage Historical Data

* Premium members only.

The historical data trend for Consolidated Bakeries (Jamaica)'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.

Consolidated Bakeries (Jamaica) Interest Coverage Chart

Consolidated Bakeries (Jamaica) Annual Data
Trend
Interest Coverage

Consolidated Bakeries (Jamaica) Semi-Annual Data
Interest Coverage

XJAM:PURITY vs GLUC, EEIG: Interest Coverage Comparison

For the Packaged Foods subindustry, Consolidated Bakeries (Jamaica)'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.


Consolidated Bakeries (Jamaica) Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Consolidated Bakeries (Jamaica)'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Consolidated Bakeries (Jamaica)'s Interest Coverage falls into.


XJAM:PURITY
20GF Score
Consolidated Bakeries (Jamaica) Ltd XJAM:PURITY
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Consolidated Bakeries (Jamaica) 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.

Consolidated Bakeries (Jamaica)'s Interest Coverage for the fiscal year that ended in . 20 is calculated as

Here, for the fiscal year that ended in . 20, Consolidated Bakeries (Jamaica)'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.

Consolidated Bakeries (Jamaica) had no debt (1).

Consolidated Bakeries (Jamaica)'s Interest Coverage for the quarter that ended in . 20 is calculated as

Here, for the six months ended in . 20, Consolidated Bakeries (Jamaica)'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.

Consolidated Bakeries (Jamaica) 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?
Consolidated Bakeries (Jamaica) (XJAM:PURITY) 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 Consolidated Bakeries (Jamaica) and its competitors. According to the industry distribution chart, Consolidated Bakeries (Jamaica) ranks #999999 out of 1507 companies in the Consumer Packaged Goods industry.
Is Consolidated Bakeries (Jamaica)'s Interest Coverage too high?
Consolidated Bakeries (Jamaica)'s current Interest Coverage is 0 (At Loss). Based on the distribution chart, Consolidated Bakeries (Jamaica) ranks #999999 out of 1507 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Consolidated Bakeries (Jamaica) has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Consolidated Bakeries (Jamaica)'s Interest Coverage compare to GLUC and EEIG?
According to the Consumer Packaged Goods industry distribution chart, Consolidated Bakeries (Jamaica) ranks #999999 out of 1507 companies for Interest Coverage. This places Consolidated Bakeries (Jamaica) in the lower half of its industry. The industry median Interest Coverage is 8.60. 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 8.60, based on 1,507 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 Consolidated Bakeries (Jamaica) and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Consolidated Bakeries (Jamaica)'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 Consolidated Bakeries (Jamaica) stock overvalued right now?
Consolidated Bakeries (Jamaica) (XJAM:PURITY) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Consolidated Bakeries (Jamaica)'s overall GF Score™ is 20/100. 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 Consolidated Bakeries (Jamaica) (XJAM:PURITY), 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.

Consolidated Bakeries (Jamaica) Business Description

Address 2F Valentine Drive, Kingston, JAM, KGN 19
Consolidated Bakeries (Jamaica) Ltd is engaged in the manufacturing and sale of bakery products in Jamaica.
20GF Score

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

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