GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Science and Education Industry Group Ltd (HKSE:01756) » Definitions » Interest Coverage

China Science and Education Industry Group (HKSE:01756) Interest Coverage : 6.57 (As of Feb. 2025)


View and export this data going back to 2019. Start your Free Trial

What is China Science and Education Industry Group 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 Science and Education Industry Group's Operating Income for the six months ended in Feb. 2025 was HK$279 Mil. China Science and Education Industry Group's Interest Expense for the six months ended in Feb. 2025 was HK$-42 Mil. China Science and Education Industry Group's interest coverage for the quarter that ended in Feb. 2025 was 6.57. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for China Science and Education Industry Group's Interest Coverage or its related term are showing as below:

HKSE:01756' s Interest Coverage Range Over the Past 10 Years
Min: 3.42   Med: 5.09   Max: 6.77
Current: 6.11


HKSE:01756's Interest Coverage is ranked worse than
68.75% of 192 companies
in the Education industry
Industry Median: 16.92 vs HKSE:01756: 6.11

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 Science and Education Industry Group Interest Coverage Historical Data

The historical data trend for China Science and Education Industry Group'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.

China Science and Education Industry Group Interest Coverage Chart

China Science and Education Industry Group Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Interest Coverage
Get a 7-Day Free Trial 6.77 5.72 3.42 4.67 5.51

China Science and Education Industry Group Semi-Annual Data
Aug17 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25
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 4.84 4.48 5.38 5.66 6.57

Competitive Comparison of China Science and Education Industry Group's Interest Coverage

For the Education & Training Services subindustry, China Science and Education Industry Group'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 Science and Education Industry Group's Interest Coverage Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China Science and Education Industry Group's Interest Coverage distribution charts can be found below:

* The bar in red indicates where China Science and Education Industry Group's Interest Coverage falls into.


;
;

China Science and Education Industry Group 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 Science and Education Industry Group's Interest Coverage for the fiscal year that ended in Aug. 2024 is calculated as

Here, for the fiscal year that ended in Aug. 2024, China Science and Education Industry Group's Interest Expense was HK$-99 Mil. Its Operating Income was HK$544 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$2,124 Mil.

Interest Coverage=-1* Operating Income (A: Aug. 2024 )/Interest Expense (A: Aug. 2024 )
=-1*543.992/-98.816
=5.51

China Science and Education Industry Group's Interest Coverage for the quarter that ended in Feb. 2025 is calculated as

Here, for the six months ended in Feb. 2025, China Science and Education Industry Group's Interest Expense was HK$-42 Mil. Its Operating Income was HK$279 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1,963 Mil.

Interest Coverage=-1* Operating Income (Q: Feb. 2025 )/Interest Expense (Q: Feb. 2025 )
=-1*278.957/-42.431
=6.57

* 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.


China Science and Education Industry Group  (HKSE:01756) 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 Science and Education Industry Group Interest Coverage Related Terms

Thank you for viewing the detailed overview of China Science and Education Industry Group's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


China Science and Education Industry Group Business Description

Traded in Other Exchanges
N/A
Address
Number 11 Huali Road, The Administration Building of Guangzhou, Huali Science and Technology Town, Zengcheng District, Guangzhou, Guangdong, CHN
China Science and Education Industry Group Ltd formerly China Vocational Education Holdings Ltd is a provider of private higher education and vocational education offering applied science-focused and practice-oriented programs. Its schools offer private higher education and private vocational education in fields of applied sciences to prepare students with the necessary knowledge base, skill sets, and accreditations to secure jobs and pursue careers in particular professions, trades, and industries.
Executives
Zhang Yude 2305 Beneficiary of a trust
51job, Inc 2101 Beneficial owner
Hl-diamond Limited 2201 Interest of corporation controlled by you
Huali Education Holdings Limited 2101 Beneficial owner
Zhang Zhifeng 2307 Founder of a discretionary trust who can infl
Ubs Trustees (b.v.i.) Limited 2301 Trustee

China Science and Education Industry Group Headlines

No Headlines