17 Education & Technology Group (17 Education & Technology Group) Interest Expense

: $0.00 Mil (TTM As of Sep. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. 17 Education & Technology Group's interest expense for the three months ended in Sep. 2023 was $ 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $0.00 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. 17 Education & Technology Group's Operating Income for the three months ended in Sep. 2023 was $ -10.78 Mil. 17 Education & Technology Group's Interest Expense for the three months ended in Sep. 2023 was $ 0.00 Mil. GuruFocus does not calculate 17 Education & Technology Group's interest coverage with the available data. 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.

17 Education & Technology Group Interest Expense Historical Data

The historical data trend for 17 Education & Technology 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.

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17 Education & Technology Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

-0.07

-0.45

17 Education & Technology Group Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense														-	-	-	-	-

17 Education & Technology 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

17 Education & Technology Group (NAS:YQ) 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.

17 Education & Technology Group's Interest Expense for the three months ended in Sep. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2023 was $-10.78 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $1.21 Mil.

17 Education & Technology Group's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

GuruFocus does not calculate 17 Education & Technology Group'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. 17 Education & Technology Group Inc has enough cash to cover all of its debt. Its financial situation is stable.

17 Education & Technology Group (17 Education & Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » 17 Education & Technology Group Inc (NAS:YQ) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wangjing Greenland Center, 16th Floor, Block B, Chaoyang District, Beijing, CHN, 100102

Website

https://ucenter.17zuoye.com

17 Education & Technology Group Inc is an education technology company in China. It offers to assist students, teachers, schoolmasters, and educational authorities across China to achieve data-driven teaching, learning, and assessment. Geographically group operates in China.