GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Jubilant Flame International Ltd (OTCPK:JFIL) » Definitions » Interest Coverage

Jubilant Flame International (Jubilant Flame International) Interest Coverage : No Debt (1) (As of Nov. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Jubilant Flame International 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. Jubilant Flame International's Operating Income for the three months ended in Nov. 2023 was $-0.02 Mil. Jubilant Flame International's Interest Expense for the three months ended in Nov. 2023 was $0.00 Mil. Jubilant Flame International has no debt. 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 Jubilant Flame International's Interest Coverage or its related term are showing as below:

JFIL' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


JFIL's Interest Coverage is ranked better than
99.12% of 791 companies
in the Business Services industry
Industry Median: 13.4 vs JFIL: No Debt

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


Jubilant Flame International Interest Coverage Historical Data

The historical data trend for Jubilant Flame International'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.

* Premium members only.

Jubilant Flame International Interest Coverage Chart

Jubilant Flame International Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Jubilant Flame International Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Jubilant Flame International's Interest Coverage

For the Specialty Business Services subindustry, Jubilant Flame International'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.


Jubilant Flame International's Interest Coverage Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Jubilant Flame International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jubilant Flame International's Interest Coverage falls into.



Jubilant Flame International 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.

Jubilant Flame International's Interest Coverage for the fiscal year that ended in Feb. 2023 is calculated as

Here, for the fiscal year that ended in Feb. 2023, Jubilant Flame International's Interest Expense was $0.00 Mil. Its Operating Income was $-0.06 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Jubilant Flame International had no debt (1).

Jubilant Flame International's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

Here, for the three months ended in Nov. 2023, Jubilant Flame International's Interest Expense was $0.00 Mil. Its Operating Income was $-0.02 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.00 Mil.

Jubilant Flame International 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.


Jubilant Flame International  (OTCPK:JFIL) 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 .


Jubilant Flame International Interest Coverage Related Terms

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


Jubilant Flame International (Jubilant Flame International) Business Description

Traded in Other Exchanges
N/A
Address
Xin Long Road, Room 508, T1N Vi Park, 360, Shanghai, CHN, 201101
Jubilant Flame International Ltd is engaged in providing technical support services for the development of new nutrition materials and products to customers. The technical support focuses on a nutrition food series that is selling in the USA market. Currently, the nutrition food series include SEA-BUCKTHORN and Organic Sprouting Powder.
Executives
Brian Kai-ming Cheng director 16 TEMPEST DR., CHESTERFIELD MO 63017
Marinos Papazoglou director 2740 LAKE VALLEY DRIVE, COOKEVILLE TN 38506
Robert Ireland director, officer: Secretary/Treasurer 2 CHEMIN HALVERSON, LAC DES LOUPS A8 J0X3K0
Li Yan director, 10 percent owner, officer: CEO NO. 261, BLOCK 555, HONGQIAO ROAD, SHANGHAI F4 201103
Lei Wang director, officer: CFO 28010 MICHENER FALLS LN, KATY TX 77494
Kecheng Xu director, officer: Secretary/Treasurer ROOM 1402, NO. 3 BUILDING, BLOCK 69, SONGYUAN ROAD, SHANGHAI F4 200012

Jubilant Flame International (Jubilant Flame International) Headlines

No Headlines