Ser Educacional (BSP:SEER3) Interest Expense : R$-177 Mil (TTM As of Sep. 2024)

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What is Ser Educacional Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ser Educacional's interest expense for the three months ended in Sep. 2024 was R$ -45 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was R$-177 Mil.

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. Ser Educacional's Operating Income for the three months ended in Sep. 2024 was R$ 65 Mil. Ser Educacional's Interest Expense for the three months ended in Sep. 2024 was R$ -45 Mil. Ser Educacional's Interest Coverage for the quarter that ended in Sep. 2024 was 1.45. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Ser Educacional Interest Expense Historical Data

The historical data trend for Ser Educacional's Interest Expense 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.

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Ser Educacional Interest Expense Chart

Ser Educacional Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-88.97

-94.59

-117.28

-160.60

-175.34

Ser Educacional Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-42.30	-46.34	-42.93	-43.24	-44.78

Ser Educacional Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-177 Mil.

Ser Educacional (BSP:SEER3) Interest Expense Explanation

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

Ser Educacional's Interest Expense for the three months ended in Sep. 2024 was R$-45 Mil. Its Operating Income for the three months ended in Sep. 2024 was R$65 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was R$1,329 Mil.

Ser Educacional's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	64.76	/	-44.779
	=	1.45

The higher the ratio, the stronger the company's financial strength is.

Ser Educacional Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Ser Educacional SA (BSP:SEER3) » Definitions » Interest Expense

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Traded in Other Exchanges

N/A

Address

Av Da Saudade. 254, Recife, PE, BRA, 50100200

Website

https://www.sereducacional.com

Ser Educacional SA is an education and training services company. It is principally involved in the development and management activities for on-campus and distance-learning undergraduate, graduate, professional training, and other areas of education, and in participation, as a partner or shareholder, in other partnerships and companies in Brazil. Geographically, the operations are carried out through Brazil which also accounts for the majority of the revenue which includes monthly tuitions charged to students enrolled semiannually in regular undergraduate, graduate, distance learning, and technical courses.

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