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Eduniversal (XPAR:MLEDU) Interest Coverage : 145.38 (As of Sep. 2023)


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What is Eduniversal 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. Eduniversal's Operating Income for the six months ended in Sep. 2023 was €1.89 Mil. Eduniversal's Interest Expense for the six months ended in Sep. 2023 was €-0.01 Mil. Eduniversal's interest coverage for the quarter that ended in Sep. 2023 was 145.38. 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. Eduniversal SA has enough cash to cover all of its debt. Its financial situation is stable.

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

XPAR:MLEDU' s Interest Coverage Range Over the Past 10 Years
Min: 2.45   Med: 37.92   Max: 145.38
Current: 145.38


XPAR:MLEDU's Interest Coverage is ranked better than
77.42% of 186 companies
in the Education industry
Industry Median: 16.23 vs XPAR:MLEDU: 145.38

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


Eduniversal Interest Coverage Historical Data

The historical data trend for Eduniversal'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.

Eduniversal Interest Coverage Chart

Eduniversal Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Coverage
Get a 7-Day Free Trial - - 2.45 37.92 145.38

Eduniversal Semi-Annual Data
Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Interest Coverage Get a 7-Day Free Trial - - 2.45 37.92 145.38

Competitive Comparison of Eduniversal's Interest Coverage

For the Education & Training Services subindustry, Eduniversal'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.


Eduniversal's Interest Coverage Distribution in the Education Industry

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

* The bar in red indicates where Eduniversal's Interest Coverage falls into.



Eduniversal 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.

Eduniversal's Interest Coverage for the fiscal year that ended in Sep. 2023 is calculated as

Here, for the fiscal year that ended in Sep. 2023, Eduniversal's Interest Expense was €-0.01 Mil. Its Operating Income was €1.89 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Interest Coverage=-1* Operating Income (A: Sep. 2023 )/Interest Expense (A: Sep. 2023 )
=-1*1.89/-0.013
=145.38

Eduniversal's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the six months ended in Sep. 2023, Eduniversal's Interest Expense was €-0.01 Mil. Its Operating Income was €1.89 Mil. And its Long-Term Debt & Capital Lease Obligation was €0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*1.89/-0.013
=145.38

* 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.


Eduniversal  (XPAR:MLEDU) 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 .


Eduniversal Interest Coverage Related Terms

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


Eduniversal Business Description

Traded in Other Exchanges
N/A
Address
18/20 Avenue Gabriel Peri, Montreuil sous Bois, Paris, FRA, 93100
Eduniversal SA specializes in educational, university, and professional orientation consulting services. The company also publishes and distributes specialized guides.

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