GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Lixiang Education Holding Co Ltd (NAS:LXEH) » Definitions » Interest Expense

Lixiang Education Holding Co (Lixiang Education Holding Co) Interest Expense : $-0.72 Mil (TTM As of Jun. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Lixiang Education Holding Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lixiang Education Holding Co's interest expense for the six months ended in Jun. 2023 was $ -0.44 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.72 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. Lixiang Education Holding Co's Operating Income for the six months ended in Jun. 2023 was $ -0.91 Mil. Lixiang Education Holding Co's Interest Expense for the six months ended in Jun. 2023 was $ -0.44 Mil. Lixiang Education Holding Co 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.

Lixiang Education Holding Co Interest Expense Historical Data

The historical data trend for Lixiang Education Holding Co'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.

* Premium members only.

Lixiang Education Holding Co Interest Expense Chart

Lixiang Education Holding Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
-0.74 -0.25 -0.14 -0.38 -0.68

Lixiang Education Holding Co Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.13 -0.25 -0.41 -0.28 -0.44

Lixiang Education Holding Co 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.72 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.

Lixiang Education Holding Co  (NAS:LXEH) 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.

Lixiang Education Holding Co's Interest Expense for the six months ended in Jun. 2023 was $-0.44 Mil. Its Operating Income for the six months ended in Jun. 2023 was $-0.91 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was $0.24 Mil.

Lixiang Education Holding Co's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Lixiang Education Holding Co 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.

Lixiang Education Holding Co (Lixiang Education Holding Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Lixiang Education Holding Co Ltd (NAS:LXEH) » Definitions » Interest Expense
Comparable Companies
BTCT AMBO ASPU WAFU GV LEAI BRWC NAUH CLEU GSUN AIU EDU TAL HKSE:01797 ASX:IEL LOPE SZSE:002607 GHC COUR LRN
Traded in Other Exchanges
N/A
Address
No. 818 Hua Yuan Street, Liandu District, Zhejiang Province, Lishui, CHN, 323000
Website
https://www.lixiangeh.com
Lixiang Education Holding Co Ltd is a private primary and secondary education service provider in Lishui City, Zhejiang Province. Its private education services primarily include primary and middle school education from grade 1 to grade 9. The company also offers high school education services at its High School Divisions.