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Keypath Education International (ASX:KED) Interest Coverage : N/A (As of Dec. 2023)


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What is Keypath Education International 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 Operating Income by its Interest Expense. Keypath Education International's Operating Income for the six months ended in Dec. 2023 was A$-5.4 Mil. Keypath Education International's Interest Expense for the six months ended in Dec. 2023 was A$0.0 Mil. GuruFocus does not calculate '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. Keypath Education International Inc has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Keypath Education International's Interest Coverage or its related term are showing as below:


ASX:KED's Interest Coverage is not ranked *
in the Education industry.
Industry Median: 16.23
* 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.


Keypath Education International Interest Coverage Historical Data

The historical data trend for Keypath Education International'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.

Keypath Education International Interest Coverage Chart

Keypath Education International Annual Data
Trend Jun21 Jun22 Jun23
Interest Coverage
- N/A N/A

Keypath Education International Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Coverage Get a 7-Day Free Trial N/A N/A N/A N/A N/A

Competitive Comparison of Keypath Education International's Interest Coverage

For the Education & Training Services subindustry, Keypath Education International'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.


Keypath Education International's Interest Coverage Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Keypath Education International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Keypath Education International's Interest Coverage falls into.



Keypath Education International 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 Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income 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.

Keypath Education International's Interest Coverage for the fiscal year that ended in Jun. 2023 is calculated as

Here, for the fiscal year that ended in Jun. 2023, Keypath Education International's Interest Expense was A$0.0 Mil. Its Operating Income was A$-35.9 Mil. And its Long-Term Debt & Capital Lease Obligation was A$0.7 Mil.

GuruFocus does not calculate Keypath Education International's interest coverage with the available data.

Keypath Education International's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Keypath Education International's Interest Expense was A$0.0 Mil. Its Operating Income was A$-5.4 Mil. And its Long-Term Debt & Capital Lease Obligation was A$0.3 Mil.

GuruFocus does not calculate Keypath Education International'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.


Keypath Education International  (ASX:KED) 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 .


Keypath Education International Interest Coverage Related Terms

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Keypath Education International Business Description

Traded in Other Exchanges
N/A
Address
1933 N. Meacham Road, Suite 310, Schaumburg, IL, USA, 60173
Keypath Education International Inc provides bundled OPM services to its university partners, including the design, development, launch, and management of online programs. The services include program design, market research, student recruitment, student support and placement services. It earns revenue from a share of tuition fees paid to its university partners by students undertaking the online programs delivered by Keypath. The Company has one reportable operating segment, being OPM.

Keypath Education International Headlines

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