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Bright Scholar Education Holdings (FRA:BSK0) Interest Expense : €-0.6 Mil (TTM As of Feb. 2024)


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What is Bright Scholar Education Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bright Scholar Education Holdings's interest expense for the three months ended in Feb. 2024 was € -0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was €-0.6 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. Bright Scholar Education Holdings's Operating Income for the three months ended in Feb. 2024 was € 2.2 Mil. Bright Scholar Education Holdings's Interest Expense for the three months ended in Feb. 2024 was € -0.4 Mil. Bright Scholar Education Holdings's Interest Coverage for the quarter that ended in Feb. 2024 was 6.11. 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.

Bright Scholar Education Holdings Interest Expense Historical Data

The historical data trend for Bright Scholar Education Holdings'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.

* Premium members only.

Bright Scholar Education Holdings Interest Expense Chart

Bright Scholar Education Holdings Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -19.87 -22.27 -18.55 -0.93

Bright Scholar Education Holdings Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Interest Expense 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 -0.27 -0.38 0.15 - -0.36

Bright Scholar Education Holdings 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.6 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.

Bright Scholar Education Holdings  (FRA:BSK0) Interest Expense Explanation

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. The higher, the better.

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

Bright Scholar Education Holdings's Interest Expense for the three months ended in Feb. 2024 was €-0.4 Mil. Its Operating Income for the three months ended in Feb. 2024 was €2.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2024 was €188.2 Mil.

Bright Scholar Education Holdings's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Feb. 2024 )/Interest Expense (Q: Feb. 2024 )
=-1*2.224/-0.364
=6.11

* 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.

Bright Scholar Education Holdings (FRA:BSK0) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Bright Scholar Education Holdings Ltd (FRA:BSK0) » Definitions » Interest Expense
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Traded in Other Exchanges
BEDU:USA
Address
No. 1, Country Garden Road, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528300
Website
https://www.brightscholar.com
Bright Scholar Education Holdings Ltd operates as an education service provider. The company offers overseas schools, complementary education services, and domestic kindergartens and K12 operation services. The group's overseas K12 education has several K12 schools, art colleges, language training institutions, and summer schools around the world. The complimentary education services segment of the company predominantly includes camp programs, after-school programs, through a network of learning centers in China, as well as international education consulting services. Geographically, the company operates in China which is the key revenue generating market, Canada, United States, and United Kingdom.

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