JACO (Jaco Electronics) Interest Expense: $-0.5 Mil (TTM As of Mar. 2009)

What is Jaco Electronics Interest Expense?

Jaco Electronics JACO Interest Expense is $-0.5 Mil as of Mar. 2009.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jaco Electronics's interest expense for the three months ended in Mar. 2009 was $ -0.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2009 was $-0.5 Mil.

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. Jaco Electronics's Operating Income for the three months ended in Mar. 2009 was $ 2.8 Mil. Jaco Electronics's Interest Expense for the three months ended in Mar. 2009 was $ -0.1 Mil. Jaco Electronics's Interest Coverage for the quarter that ended in Mar. 2009 was 20.81. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Jaco Electronics (OTCPK:JACO) Interest Expense Explanation

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

Jaco Electronics's Interest Expense for the three months ended in Mar. 2009 was $-0.1 Mil. Its Operating Income for the three months ended in Mar. 2009 was $2.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2009 was $0.0 Mil.

Jaco Electronics's Interest Coverage for the quarter that ended in Mar. 2009 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2009 )	/	Interest Expense (Q: Mar. 2009 )
	=	-1	*	2.809	/	-0.135
	=	20.81

* 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.

Jaco Electronics Interest Expense Historical Data

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The historical data trend for Jaco Electronics's Interest Expense can be seen below:

Jaco Electronics Interest Expense Chart

Jaco Electronics Annual Data

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Jaco Electronics Quarterly Data
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Interest Expense	Get a 7-Day Free Trial															0.00	0.00	0.00	-0.38	-0.14

Jaco Electronics Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2009 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.5 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-0.5 Mil mean?

Jaco Electronics (JACO) has a Interest Expense of $-0.5 Mil as of Mar. 2009. Interest Expense is the amount a company pays on its long-term debt. View historical data on Jaco Electronics and its competitors.

Is Jaco Electronics' Interest Expense too high?

Jaco Electronics' current Interest Expense is $-0.5 Mil.

How does Jaco Electronics' Interest Expense compare to OMPS?

Jaco Electronics' Interest Expense of $-0.5 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Interest Expense for a Hardware company?

A good Interest Expense depends on the Hardware industry context. However, Interest Expense 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 Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Jaco Electronics and its competitors. Jaco Electronics's current Interest Expense is $-0.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Jaco Electronics stock overvalued right now?

Jaco Electronics (JACO) has a current Interest Expense of $-0.5 Mil. The current Interest Expense is $-0.5 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Jaco Electronics (JACO), the current Interest Expense is $-0.5 Mil as of Mar. 2009. 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.

Jaco Electronics Business Description

Industry Technology Hardware

Comparable Companies XCNQ:VCT BOM:531904 CAI:MBEN.CA WAR:PTN BOM:535205 HKSE:00471 BOM:524580 ASX:HT8 WAR:GNR WAR:VDS ASX:TTA WAR:S4E ASX:AMO HKSE:08009 BOM:504351 XKLS:0006 ROCO:8067 OMPS WAR:KOM XKLS:0086

Address 145 Oser Avenue, Hauppauge, NY, USA, 11788

Website https://www.jacoelectronics.com

Jaco Electronics Inc is engaged in the distribution of electronic components. Its products include embedded box containers, inverters, LCD monitors, open frame monitors, single board computers, among others.