China Maple Leaf Educational Systems (FRA:CML1) Interest Coverage : 1.23 (As of Feb. 2024)

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What is China Maple Leaf Educational Systems 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. China Maple Leaf Educational Systems's Operating Income for the six months ended in Feb. 2024 was €23.3 Mil. China Maple Leaf Educational Systems's Interest Expense for the six months ended in Feb. 2024 was €-18.9 Mil. China Maple Leaf Educational Systems's interest coverage for the quarter that ended in Feb. 2024 was 1.23. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. China Maple Leaf Educational Systems Ltd interest coverage is 1.05, which is low.

The historical rank and industry rank for China Maple Leaf Educational Systems's Interest Coverage or its related term are showing as below:

FRA:CML1' s Interest Coverage Range Over the Past 10 Years
Min: 0.66 Med: 24.92 Max: No Debt
Current: 1.05

FRA:CML1's Interest Coverage is ranked worse than
92.86% of 182 companies
in the Education industry
Industry Median: 15.145 vs FRA:CML1: 1.05

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

China Maple Leaf Educational Systems Interest Coverage Historical Data

The historical data trend for China Maple Leaf Educational Systems'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.

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China Maple Leaf Educational Systems Interest Coverage Chart

China Maple Leaf Educational Systems Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Interest Coverage

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46.50

1.83

1.45

0.66

0.89

China Maple Leaf Educational Systems Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Interest Coverage	Get a 7-Day Free Trial															0.96	0.39	0.96	0.83	1.23

Competitive Comparison of China Maple Leaf Educational Systems's Interest Coverage

For the Education & Training Services subindustry, China Maple Leaf Educational Systems'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.

China Maple Leaf Educational Systems's Interest Coverage Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Maple Leaf Educational Systems's Interest Coverage distribution charts can be found below:

* The bar in red indicates where China Maple Leaf Educational Systems's Interest Coverage falls into.

China Maple Leaf Educational Systems 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.

China Maple Leaf Educational Systems's Interest Coverage for the fiscal year that ended in Aug. 2023 is calculated as

Here, for the fiscal year that ended in Aug. 2023, China Maple Leaf Educational Systems's Interest Expense was €-27.9 Mil. Its Operating Income was €24.7 Mil. And its Long-Term Debt & Capital Lease Obligation was €46.9 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Aug. 2023 )	/	Interest Expense (A: Aug. 2023 )
	=	-1	*	24.725	/	-27.922
	=	0.89

China Maple Leaf Educational Systems's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Here, for the six months ended in Feb. 2024, China Maple Leaf Educational Systems's Interest Expense was €-18.9 Mil. Its Operating Income was €23.3 Mil. And its Long-Term Debt & Capital Lease Obligation was €8.9 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Feb. 2024 )	/	Interest Expense (Q: Feb. 2024 )
	=	-1	*	23.258	/	-18.927
	=	1.23

The higher the ratio, the stronger the company's Financial Strength is.

China Maple Leaf Educational Systems (FRA:CML1) 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 .

China Maple Leaf Educational Systems Interest Coverage Related Terms

Thank you for viewing the detailed overview of China Maple Leaf Educational Systems's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

China Maple Leaf Educational Systems (FRA:CML1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Maple Leaf Educational Systems Ltd (FRA:CML1) » Definitions » Interest Coverage

Comparable Companies

Traded in Other Exchanges

01317:Hong Kong

Address

No. 13, Baolong First Road, Baolong Street, Longgang District, Guangdong Province, Shenzhen, CHN, 518116

Website

http://www.mapleleaf.cn

China Maple Leaf Educational Systems Ltd provides one of China's private international school systems and has been a Chinese international school operator since 1995. Its Maple Leaf Systems and its secondary, middle, elementary, and foreign national schools have been accredited by Cognia, since 2017. The core component of business is a bilingual, dual-curriculum and dual-diploma high school education. It enables graduates of People's Republic of China, or PRC, and British Columbia, or BC, certified schools to receive both a fully accredited BC high school diploma and a PRC high school diploma. It operates all schools under the "Maple Leaf" brand. The company's reportable segment includes, PRC segment, and the Overseas segment which generates majority of the revenue of the company.

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