Jiayin Group (Jiayin Group) Interest Coverage : N/A (As of Sep. 2023)

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What is Jiayin 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. Jiayin Group's Operating Income for the three months ended in Sep. 2023 was $52.3 Mil. Jiayin Group's Interest Expense for the three months ended in Sep. 2023 was $0.0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Jiayin Group Inc has enough cash to cover all of its debt. Its financial situation is stable.

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

JFIN' s Interest Coverage Range Over the Past 10 Years
Min: 387.53 Med: No Debt Max: No Debt
Current: 1513.22

JFIN's Interest Coverage is ranked better than
82.8% of 314 companies
in the Interactive Media industry
Industry Median: 35.52 vs JFIN: 1513.22

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

Jiayin Group Interest Coverage Historical Data

The historical data trend for Jiayin 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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Jiayin Group Interest Coverage Chart

Jiayin Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Coverage

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No Debt

N/A

387.53

N/A

Jiayin Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Coverage	Get a 7-Day Free Trial															N/A	368.14	N/A	N/A	N/A

Competitive Comparison of Jiayin Group's Interest Coverage

For the Internet Content & Information subindustry, Jiayin 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.

Jiayin Group's Interest Coverage Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Jiayin Group's Interest Coverage distribution charts can be found below:

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

Jiayin 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.

Jiayin Group's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Jiayin Group's Interest Expense was $0.0 Mil. Its Operating Income was $169.5 Mil. And its Long-Term Debt & Capital Lease Obligation was $0.4 Mil.

GuruFocus does not calculate Jiayin Group's interest coverage with the available data.

Jiayin Group's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Jiayin Group's Interest Expense was $0.0 Mil. Its Operating Income was $52.3 Mil. And its Long-Term Debt & Capital Lease Obligation was $7.3 Mil.

GuruFocus does not calculate Jiayin Group's interest coverage with the available data.

The higher the ratio, the stronger the company's Financial Strength is.

Jiayin Group (NAS:JFIN) 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 .

Jiayin Group Interest Coverage Related Terms

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

Jiayin Group (Jiayin Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Jiayin Group Inc (NAS:JFIN) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 428 South Yanggao Road, Room 26F, 18th Floor, Building No. 1, Youyou Century Plaza, Pudong New Area, Shanghai, CHN, 200122

Website

http://www.jiayintech.cn

Jiayin Group Inc is China's technology service group. It is an enterprise engaged in technological innovation services. It is committed to using big data, cloud computing, artificial intelligence and other technologies to connect consumers and financial institutions in consumption scenarios so that every user can enjoy efficient and convenient technology services. The company has engraved technological innovation into the company's development genes since its establishment, adheres to the dual drive of digital + technology, and focuses on building a cloud service platform and intelligent risk control system with big data drive as the core concept.