Hailiang Education Group (Hailiang Education Group) Interest Expense : $-0.2 Mil (TTM As of Jun. 2021)

View and export this data going back to 2015. Start your Free Trial

What is Hailiang Education Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hailiang Education Group's interest expense for the three months ended in Jun. 2021 was $ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2021 was $-0.2 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. Hailiang Education Group's Operating Income for the three months ended in Jun. 2021 was $ 24.2 Mil. Hailiang Education Group's Interest Expense for the three months ended in Jun. 2021 was $ -0.0 Mil. Hailiang Education Group's Interest Coverage for the quarter that ended in Jun. 2021 was 862.96. 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.

Hailiang Education Group Interest Expense Historical Data

The historical data trend for Hailiang Education 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.

* Premium members only.

Hailiang Education Group Interest Expense Chart

Hailiang Education Group Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Interest Expense

Get a 7-Day Free Trial

-0.49

-0.18

Hailiang Education Group Quarterly Data
	Sep14	Dec14	Jun15	Sep15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Interest Expense	Get a 7-Day Free Trial															0.10	-0.04	-0.06	-0.05	-0.03

Hailiang Education 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 Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.2 Mil.

Hailiang Education Group (NAS:HLG) Interest Expense Explanation

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

Hailiang Education Group's Interest Expense for the three months ended in Jun. 2021 was $-0.0 Mil. Its Operating Income for the three months ended in Jun. 2021 was $24.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2021 was $4.8 Mil.

Hailiang Education Group's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2021 )	/	Interest Expense (Q: Jun. 2021 )
	=	-1	*	24.163	/	-0.028
	=	862.96

The higher the ratio, the stronger the company's financial strength is.

Hailiang Education Group (Hailiang Education Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Hailiang Education Group Inc (NAS:HLG) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1508 Binsheng Road, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051

Website

http://www.hailiangeducation.com

Hailiang Education Group Inc provides educational services in China. It offers basic educational and international programs for kindergarten, primary, middle, and high school levels. The company educates students according to their aptitudes, devoting to improve students study ability, cultural accomplishments, and international perspectives. Multilingual teaching is available in Hailiang Education, including Chinese, English, Spanish, Japanese, Korean, and French. Its operating segment includes K-12 educational and management services; Educational training services and others. The company generates maximum revenue from the K-12 educational and management services segment.