GV (Visionary Holdings) Interest Expense : $-5.37 Mil (TTM As of Sep. 2024)

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What is Visionary Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Visionary Holdings's interest expense for the six months ended in Sep. 2024 was $ -2.36 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was $-5.37 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. Visionary Holdings's Operating Income for the six months ended in Sep. 2024 was $ -0.17 Mil. Visionary Holdings's Interest Expense for the six months ended in Sep. 2024 was $ -2.36 Mil. Visionary Holdings 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.

Visionary Holdings Interest Expense Historical Data

The historical data trend for Visionary Holdings'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.

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Visionary Holdings Interest Expense Chart

Visionary Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

-0.09

-0.14

-0.91

-3.28

-6.12

Visionary Holdings Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Interest Expense	Get a 7-Day Free Trial					-0.51	-2.77	-3.11	-3.01	-2.36

Visionary Holdings 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 Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-5.37 Mil.

Visionary Holdings (NAS:GV) 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.

Visionary Holdings's Interest Expense for the six months ended in Sep. 2024 was $-2.36 Mil. Its Operating Income for the six months ended in Sep. 2024 was $-0.17 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2024 was $0.00 Mil.

Visionary Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Visionary Holdings did not have earnings to cover the interest expense.

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

Visionary Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Visionary Holdings Inc (NAS:GV) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

105 Moatfield Drive, Unit 1003, Toronto, ON, CAN, M3B 0A2

Website

https://www.visiongroupca.com

Visionary Holdings Inc is a private education providing company located in Canada, with subsidiaries in Canada and market partners in China, that offers high-quality education resources to students around the globe. The company aims to provide access to secondary, college, undergraduate and graduate, and vocational education to students in Canada through technological innovation so that more people can learn, grow, and succeed to their full potential. As a fully integrated provider of educational programs and services in Canada, the company has been serving and will continue to serve both Canadian and international students.