Innovative Energy Group (XJAM:ENERGY) Interest Expense: JMD-12.4 Mil (TTM As of Feb. 2026)

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XJAM:ENERGY Innovative Energy Group Ltd XJAM:ENERGY
31 GF Score
Price JMD0.93
! 6 Warning Signs
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What is Innovative Energy Group Interest Expense?

Innovative Energy Group XJAM:ENERGY -10.58% 31 Interest Expense is JMD-12.4 Mil as of Feb. 2026. GuruFocus rates XJAM:ENERGY with a GF Score™ of 31/100. The stock has 6 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Innovative Energy Group's interest expense for the three months ended in Feb. 2026 was JMD -2.7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2026 was JMD-12.4 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. Innovative Energy Group's Operating Income for the three months ended in Feb. 2026 was JMD -11.9 Mil. Innovative Energy Group's Interest Expense for the three months ended in Feb. 2026 was JMD -2.7 Mil. Innovative Energy Group did not have earnings to cover the interest expense. 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.

Innovative Energy Group  (XJAM:ENERGY) 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.

Innovative Energy Group's Interest Expense for the three months ended in Feb. 2026 was JMD-2.7 Mil. Its Operating Income for the three months ended in Feb. 2026 was JMD-11.9 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2026 was JMD207.8 Mil.

Innovative Energy Group's Interest Coverage for the quarter that ended in Feb. 2026 is calculated as

Innovative Energy Group did not have earnings to cover the interest expense.

* 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.

Innovative Energy Group Interest Expense Historical Data

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The historical data trend for Innovative Energy 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.

Innovative Energy Group Interest Expense Chart

Innovative Energy Group Annual Data
Trend May09 May10 May23 May24 May25
Interest Expense
0.00 0.00 -0.01 -0.02 -9.55

Innovative Energy Group Quarterly Data
May09 May10 Aug22 May23 Aug23 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.43 -4.15 -3.45 -2.06 -2.71
XJAM:ENERGY
31GF Score
Innovative Energy Group Ltd XJAM:ENERGY
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Innovative Energy 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 Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was JMD-12.4 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 JMD-12.4 Mil mean?
Innovative Energy Group (XJAM:ENERGY) has a Interest Expense of JMD-12.4 Mil as of Feb. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Innovative Energy Group and its competitors.
Is Innovative Energy Group's Interest Expense too high?
Innovative Energy Group's current Interest Expense is JMD-12.4 Mil. Overall, Innovative Energy Group has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Innovative Energy Group's Interest Expense compare to GEV and ETN?
Innovative Energy Group's Interest Expense of JMD-12.4 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Interest Expense depends on the Industrial Products 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 Innovative Energy Group and its competitors. Innovative Energy Group's current Interest Expense is JMD-12.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Energy Group stock overvalued right now?
Innovative Energy Group (XJAM:ENERGY) has a current Interest Expense of JMD-12.4 Mil. The current Interest Expense is JMD-12.4 Mil. Innovative Energy Group's overall GF Score™ is 31/100 with 6 warning signs to review. 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 Innovative Energy Group (XJAM:ENERGY), the current Interest Expense is JMD-12.4 Mil as of Feb. 2026. 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.

Innovative Energy Group Business Description

Address R1 Commercial Park, Unit no. 14, 11-13 Marverly Avenue, Kingston, JAM, 10
Innovative Energy Group Ltd is a Jamaican based vertically integrated energy company. It provides clean energy solutions through the development of hybrid renewable or stand-alone cogeneration and trigeneration microturbine projects. IEC provides energy audits, project development, construction, operations and asset management services.
31GF Score

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

JMD0.93
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