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Jubilee Holdings (NAI:JUB) Interest Coverage : N/A (As of Dec. 2022)


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What is Jubilee Holdings 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 EBIT by its Interest Expense. Jubilee Holdings's EBIT for the six months ended in Dec. 2022 was KES0 Mil. Jubilee Holdings's Interest Expense for the six months ended in Dec. 2022 was KES0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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


NAI:JUB's Interest Coverage is not ranked *
in the Insurance industry.
Industry Median: 13.355
* Ranked among companies with meaningful Interest Coverage only.

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


Jubilee Holdings Interest Coverage Historical Data

The historical data trend for Jubilee Holdings'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.

Jubilee Holdings Interest Coverage Chart

Jubilee Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.56 48.07 78.55 50.92

Jubilee Holdings Semi-Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 N/A No Debt N/A No Debt N/A

Competitive Comparison of Jubilee Holdings's Interest Coverage

For the Insurance - Diversified subindustry, Jubilee Holdings'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.


Jubilee Holdings's Interest Coverage Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Jubilee Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jubilee Holdings's Interest Coverage falls into.



Jubilee Holdings 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 EBIT is positive, then

Interest Coverage=-1* EBIT /Interest Expense

Else if Interest Expense is negative and EBIT 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.

Jubilee Holdings'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, Jubilee Holdings's Interest Expense was KES-151 Mil. Its EBIT was KES7,681 Mil. And its Long-Term Debt & Capital Lease Obligation was KES1,009 Mil.

Interest Coverage=-1* EBIT (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*7681.387/-150.845
=50.92

Jubilee Holdings's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Here, for the six months ended in Dec. 2022, Jubilee Holdings's Interest Expense was KES0 Mil. Its EBIT was KES0 Mil. And its Long-Term Debt & Capital Lease Obligation was KES1,009 Mil.

GuruFocus does not calculate Jubilee Holdings's interest coverage with the available data.

* 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.


Jubilee Holdings  (NAI:JUB) 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 .


Jubilee Holdings Interest Coverage Related Terms

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


Jubilee Holdings (NAI:JUB) Business Description

Traded in Other Exchanges
N/A
Address
Jubilee Insurance House, Wabera Street, P.O. Box 30376, Nairobi, KEN, 00100
Jubilee Holdings Ltd is an insurance company. The company's segment includes General; Health; Ordinary, Group Life and Pensions and Investments. It generates maximum revenue from the Health segment.

Jubilee Holdings (NAI:JUB) Headlines

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