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Wisynco Group (XJAM:WISYNCO) Interest Coverage : 33.45 (As of Mar. 2025)


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What is Wisynco Group 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. Wisynco Group's Operating Income for the three months ended in Mar. 2025 was JMD1,085 Mil. Wisynco Group's Interest Expense for the three months ended in Mar. 2025 was JMD-32 Mil. Wisynco Group's interest coverage for the quarter that ended in Mar. 2025 was 33.45. The higher the ratio, the stronger the company's financial strength is.

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

XJAM:WISYNCO' s Interest Coverage Range Over the Past 10 Years
Min: 12.01   Med: 22.29   Max: 186.86
Current: 29


XJAM:WISYNCO's Interest Coverage is ranked better than
62.5% of 88 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 14.085 vs XJAM:WISYNCO: 29.00

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


Wisynco Group Interest Coverage Historical Data

The historical data trend for Wisynco Group'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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Wisynco Group Interest Coverage Chart

Wisynco Group Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Coverage
Get a 7-Day Free Trial 19.47 25.11 44.40 82.29 186.86

Wisynco Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 172.02 446.16 54.60 10.46 33.45

Competitive Comparison of Wisynco Group's Interest Coverage

For the Beverages - Non-Alcoholic subindustry, Wisynco Group'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.


Wisynco Group's Interest Coverage Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Wisynco Group's Interest Coverage distribution charts can be found below:

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


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Wisynco Group 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.

Wisynco Group's Interest Coverage for the fiscal year that ended in Jun. 2024 is calculated as

Here, for the fiscal year that ended in Jun. 2024, Wisynco Group's Interest Expense was JMD-31 Mil. Its Operating Income was JMD5,851 Mil. And its Long-Term Debt & Capital Lease Obligation was JMD2,267 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2024 )/Interest Expense (A: Jun. 2024 )
=-1*5850.83/-31.312
=186.86

Wisynco Group's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Wisynco Group's Interest Expense was JMD-32 Mil. Its Operating Income was JMD1,085 Mil. And its Long-Term Debt & Capital Lease Obligation was JMD1,980 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*1085.453/-32.453
=33.45

* 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.


Wisynco Group  (XJAM:WISYNCO) 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 .


Wisynco Group Interest Coverage Related Terms

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


Wisynco Group Business Description

Traded in Other Exchanges
N/A
Address
Lakes Pen, Spanish Town, Saint Catherine, JAM
Wisynco Group Ltd is a manufacturer and distributor. The activities of the company involve the bottling and distribution of purified water and beverages, the distribution and retailing of food items, and the provision of insurance services. The company also manufactures plastic, foam packing, and disposable products mainly used in the retail, food service, and tourism industries. The brands associated with the firm are WATA, Bigga, Boom, and CranWATA.

Wisynco Group Headlines

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