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Alliance International Education Leasing Holdings (HKSE:01563) Interest Coverage : N/A (As of Sep. 2024)


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What is Alliance International Education Leasing Holdings 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. Alliance International Education Leasing Holdings's Operating Income for the three months ended in Sep. 2024 was HK$0.0 Mil. Alliance International Education Leasing Holdings's Interest Expense for the three months ended in Sep. 2024 was HK$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.

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


HKSE:01563's Interest Coverage is not ranked *
in the Education industry.
Industry Median: 16.92
* 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.


Alliance International Education Leasing Holdings Interest Coverage Historical Data

The historical data trend for Alliance International Education Leasing Holdings'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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Alliance International Education Leasing Holdings Interest Coverage Chart

Alliance International Education Leasing Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial - - - - 2.66

Alliance International Education Leasing Holdings Quarterly Data
Dec15 Dec16 Dec17 Aug18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Sep24
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 Premium Member Only Premium Member Only - - No Debt - N/A

Competitive Comparison of Alliance International Education Leasing Holdings's Interest Coverage

For the Education & Training Services subindustry, Alliance International Education Leasing Holdings'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.


Alliance International Education Leasing Holdings's Interest Coverage Distribution in the Education Industry

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

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


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Alliance International Education Leasing Holdings 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.

Alliance International Education Leasing Holdings's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Alliance International Education Leasing Holdings's Interest Expense was HK$-86.0 Mil. Its Operating Income was HK$228.3 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$60.1 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*228.296/-85.969
=2.66

Alliance International Education Leasing Holdings's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Here, for the three months ended in Sep. 2024, Alliance International Education Leasing Holdings's Interest Expense was HK$0.0 Mil. Its Operating Income was HK$0.0 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$97.7 Mil.

GuruFocus does not calculate Alliance International Education Leasing Holdings'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.


Alliance International Education Leasing Holdings  (HKSE:01563) 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 .


Alliance International Education Leasing Holdings Interest Coverage Related Terms

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Alliance International Education Leasing Holdings Business Description

Traded in Other Exchanges
N/A
Address
No.1 Hennessy Road, Unit 2602, 26th Floor, One Hennessy, Wan Chai, Hong Kong, HKG
Alliance International Education Leasing Holdings Ltd is mainly engaged in finance leasing, advisory services and private higher education. The company operating segments are: The Finance Leasing segment mainly provides finance leasing and advisory services to customers in industries including healthcare, transportation and public infrastructure, where finance leasing services include sale-leaseback and direct finance leasing. The Private Higher Education segment provides undergraduate and specialist diploma courses as approved by the Ministry of Education of China.
Executives
Union Capital Pte. Ltd.
Sui Yongqing
Pa Investment Funds Spc-pa Financial Leasing Fund Sp 2201 Interest of corporation controlled by you
Sui Yongqing
Pa Investment Funds Spc - Pa Financial Leasing Fund Sp 2201 Interest of corporation controlled by you

Alliance International Education Leasing Holdings Headlines

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