Affinity Education Group (FRA:A0J) Interest Expense : € Mil (TTM As of Jun. 2015)

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What is Affinity Education Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Affinity Education Group's interest expense for the six months ended in Jun. 2015 was € -0.9 Mil. Affinity Education Group does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Jun. 2015.

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. Affinity Education Group's Operating Income for the six months ended in Jun. 2015 was € 0.8 Mil. Affinity Education Group's Interest Expense for the six months ended in Jun. 2015 was € -0.9 Mil. Affinity Education Group's Interest Coverage for the quarter that ended in Jun. 2015 was 0.87. 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.

Affinity Education Group Interest Expense Historical Data

The historical data trend for Affinity Education Group'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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Affinity Education Group Interest Expense Chart

Affinity Education Group Annual Data

Trend

Dec14

Interest Expense

-0.54

Affinity Education Group Semi-Annual Data
	Jun14	Dec14	Jun15
Interest Expense	-0.15	-0.40	-0.89

Affinity Education Group Interest Expense Calculation

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

Affinity Education Group (FRA:A0J) 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.

Affinity Education Group's Interest Expense for the six months ended in Jun. 2015 was €-0.9 Mil. Its Operating Income for the six months ended in Jun. 2015 was €0.8 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2015 was €23.3 Mil.

Affinity Education Group's Interest Coverage for the quarter that ended in Jun. 2015 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2015 )	/	Interest Expense (Q: Jun. 2015 )
	=	-1	*	0.772	/	-0.89
	=	0.87

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

Affinity Education Group (FRA:A0J) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Affinity Education Group Ltd (FRA:A0J) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://investors.affinityeducation.com.au

Affinity Education Group Ltd was incorporated on 21st May, 2013. The Company provides education and care to children aged six weeks to 12 years. Provision of these services includes long day care, before and after school care and occasional care. Its segments include Long day care centers, Outside school-hours care, Family day care, and Occasional care. Long day care centers are set up to primarily offer care to below school age children with working parents. The care can be both full-and-part time. Outside school-hours care provides before and after school short-term care to children of primary school age. Vacation care is also considered part of this segment, providing child care services to parents during school holidays. Family day care is the only area of child care approved under the National Quality Framework that takes place outside of a center, with care provided in the home of an approved educator. This type of care can be all day, part time, occasional or outside school hours. Occasional care offers child care services for children on a casual basis. Centers offering occasional services are primarily set up to provide flexibility to parents with irregular working hours or short-term needs. As with family day care, occasional care is a capped program.

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