JAG (Job Aire Group) Interest Expense: $-0.15 Mil (TTM As of Jun. 2024)


What is Job Aire Group Interest Expense?

Job Aire Group JAG Interest Expense is $-0.15 Mil as of Jun. 2024.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Job Aire Group's interest expense for the three months ended in Jun. 2024 was $ -0.05 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was $-0.15 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. Job Aire Group's Operating Income for the three months ended in Jun. 2024 was $ 0.16 Mil. Job Aire Group's Interest Expense for the three months ended in Jun. 2024 was $ -0.05 Mil. Job Aire Group's Interest Coverage for the quarter that ended in Jun. 2024 was 3.22. 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.

Job Aire Group  (AMEX:JAG) Interest Expense Explanation

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. The higher, the better.

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

Job Aire Group's Interest Expense for the three months ended in Jun. 2024 was $-0.05 Mil. Its Operating Income for the three months ended in Jun. 2024 was $0.16 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was $0.16 Mil.

Job Aire Group's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*0.164/-0.051
=3.22

* 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.

Job Aire Group Interest Expense Historical Data

* Premium members only.

The historical data trend for Job Aire Group's Interest Expense 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.

Job Aire Group Interest Expense Chart

Job Aire Group Annual Data
Trend Dec21 Dec22 Dec23
Interest Expense
-0.01 -0.00 -0.09

Job Aire Group Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Interest Expense Get a 7-Day Free Trial Premium Member Only -0.09 0.00 0.00 -0.10 -0.05

Job Aire Group 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.15 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of $-0.15 Mil mean?
Job Aire Group (JAG) has a Interest Expense of $-0.15 Mil as of Jun. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Job Aire Group and its competitors.
Is Job Aire Group's Interest Expense too high?
Job Aire Group's current Interest Expense is $-0.15 Mil.
How does Job Aire Group's Interest Expense compare to ?
Job Aire Group's Interest Expense of $-0.15 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Interest Expense depends on the Transportation 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 Job Aire Group and its competitors. Job Aire Group's current Interest Expense is $-0.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Job Aire Group stock overvalued right now?
Job Aire Group (JAG) has a current Interest Expense of $-0.15 Mil. The current Interest Expense is $-0.15 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 Job Aire Group (JAG), the current Interest Expense is $-0.15 Mil as of Jun. 2024. 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.

Job Aire Group Business Description

Comparable Companies
Address 7493 N Oracle Road, Suite 221, Tucson, AZ, USA, 85704
Job Aire Group Inc operates as an aviation company by providing pilot services. The company provides staff, and technicians for aircraft, engine inspection, audit, hard-core aeronautical engineering, and aircraft maintenance marketing.