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East Buy Holding (FRA:KTD) Interest Coverage : 286.43 (As of Nov. 2023)


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What is East Buy Holding 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. East Buy Holding's Operating Income for the six months ended in Nov. 2023 was €44.4 Mil. East Buy Holding's Interest Expense for the six months ended in Nov. 2023 was €-0.2 Mil. East Buy Holding's interest coverage for the quarter that ended in Nov. 2023 was 286.43. 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. East Buy Holding Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for East Buy Holding's Interest Coverage or its related term are showing as below:

FRA:KTD' s Interest Coverage Range Over the Past 10 Years
Min: 408.46   Med: No Debt   Max: No Debt
Current: 408.46


FRA:KTD's Interest Coverage is ranked better than
84.62% of 182 companies
in the Education industry
Industry Median: 15.495 vs FRA:KTD: 408.46

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


East Buy Holding Interest Coverage Historical Data

The historical data trend for East Buy Holding'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.

East Buy Holding Interest Coverage Chart

East Buy Holding Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23
Interest Coverage
Get a 7-Day Free Trial No Debt - - - 652.47

East Buy Holding Semi-Annual Data
May16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 698.37 594.19 286.43

Competitive Comparison of East Buy Holding's Interest Coverage

For the Education & Training Services subindustry, East Buy Holding'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.


East Buy Holding's Interest Coverage Distribution in the Education Industry

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

* The bar in red indicates where East Buy Holding's Interest Coverage falls into.



East Buy Holding 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.

East Buy Holding's Interest Coverage for the fiscal year that ended in May. 2023 is calculated as

Here, for the fiscal year that ended in May. 2023, East Buy Holding's Interest Expense was €-0.2 Mil. Its Operating Income was €144.8 Mil. And its Long-Term Debt & Capital Lease Obligation was €2.4 Mil.

Interest Coverage=-1* Operating Income (A: May. 2023 )/Interest Expense (A: May. 2023 )
=-1*144.849/-0.222
=652.47

East Buy Holding's Interest Coverage for the quarter that ended in Nov. 2023 is calculated as

Here, for the six months ended in Nov. 2023, East Buy Holding's Interest Expense was €-0.2 Mil. Its Operating Income was €44.4 Mil. And its Long-Term Debt & Capital Lease Obligation was €2.7 Mil.

Interest Coverage=-1* Operating Income (Q: Nov. 2023 )/Interest Expense (Q: Nov. 2023 )
=-1*44.396/-0.155
=286.43

* 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.


East Buy Holding  (FRA:KTD) 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 .


East Buy Holding Interest Coverage Related Terms

Thank you for viewing the detailed overview of East Buy Holding's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


East Buy Holding (FRA:KTD) Business Description

Traded in Other Exchanges
Address
2 Haidian East Third Road, Level 18, South Wing, Haidian District, Beijing, CHN, 100080
East Buy Holding Ltd is a live-streaming platform that focuses on selecting premium products for customers. The company operates in three reportable segments which include Private Label Products and Livestreaming E-Commerce, College Education, and Institutional Customers. The majority of its revenue comes from private label products and direct e-commerce segment, i.e. direct online commerce with private label products sold to individual customers and providing services. commission service.

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