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Sansheng Intellectual Education Technology Co (SZSE:300282) Interest Coverage : 0 (At Loss) (As of Sep. 2023)


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What is Sansheng Intellectual Education Technology Co 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. Sansheng Intellectual Education Technology Co's Operating Income for the three months ended in Sep. 2023 was ¥-8.5 Mil. Sansheng Intellectual Education Technology Co's Interest Expense for the three months ended in Sep. 2023 was ¥4.9 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Sansheng Intellectual Education Technology Co's Interest Coverage or its related term are showing as below:


SZSE:300282's Interest Coverage is not ranked *
in the Education industry.
Industry Median: 15.51
* 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.


Sansheng Intellectual Education Technology Co Interest Coverage Historical Data

The historical data trend for Sansheng Intellectual Education Technology Co'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.

Sansheng Intellectual Education Technology Co Interest Coverage Chart

Sansheng Intellectual Education Technology Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.95 5.04 - - -

Sansheng Intellectual Education Technology Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Sansheng Intellectual Education Technology Co's Interest Coverage

For the Education & Training Services subindustry, Sansheng Intellectual Education Technology Co'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.


Sansheng Intellectual Education Technology Co's Interest Coverage Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Sansheng Intellectual Education Technology Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sansheng Intellectual Education Technology Co's Interest Coverage falls into.



Sansheng Intellectual Education Technology Co 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.

Sansheng Intellectual Education Technology Co'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, Sansheng Intellectual Education Technology Co's Interest Expense was ¥-13.7 Mil. Its Operating Income was ¥-78.2 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥140.0 Mil.

Sansheng Intellectual Education Technology Co did not have earnings to cover the interest expense.

Sansheng Intellectual Education Technology Co's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Sansheng Intellectual Education Technology Co's Interest Expense was ¥4.9 Mil. Its Operating Income was ¥-8.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥135.9 Mil.

* 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.


Sansheng Intellectual Education Technology Co  (SZSE:300282) 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 .


Sansheng Intellectual Education Technology Co Interest Coverage Related Terms

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Sansheng Intellectual Education Technology Co (SZSE:300282) Business Description

Traded in Other Exchanges
N/A
Address
4th Floor, M8 Building, No 1 Jiuxianqiao East Road, Chaoyang District, Beijing, CHN, 100015
Sansheng Intellectual Education Technology Co Ltd is a provider of intelligent education equipment and smart education solutions in China. The company has three business segments: the Smart Education segment, Intelligent Education Equipment segment and the Education Services segment. The Smart Education segment focuses on smart education services and personalized learning. The Intelligent Education Equipment segment mainly develops and sells intelligent peripheral devices and intelligent interactive products such as optical touch, smartpen and wireless transmission. The company's products are widely used in intelligent interactive products in the financial, transportation, retail and other industries.

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