Leader Education (HKSE:01449) Interest Expense : HK$-21.5 Mil (TTM As of Feb. 2024)

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What is Leader Education Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Leader Education's interest expense for the six months ended in Feb. 2024 was HK$ -21.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2024 was HK$-21.5 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. Leader Education's Operating Income for the six months ended in Feb. 2024 was HK$ 55.3 Mil. Leader Education's Interest Expense for the six months ended in Feb. 2024 was HK$ -21.3 Mil. Leader Education's Interest Coverage for the quarter that ended in Feb. 2024 was 2.60. 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.

Leader Education Interest Expense Historical Data

The historical data trend for Leader Education'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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Leader Education Interest Expense Chart

Leader Education Annual Data

Trend

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Interest Expense

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-3.61

-16.06

-8.06

-7.48

Leader Education Semi-Annual Data
	Aug17	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Interest Expense	Get a 7-Day Free Trial								-5.27	-3.11	-7.66	-0.28	-21.26

Leader Education 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 semi-annually data reported by the company within the most recent 12 months, which was HK$-21.5 Mil.

Leader Education (HKSE:01449) 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.

Leader Education's Interest Expense for the six months ended in Feb. 2024 was HK$-21.3 Mil. Its Operating Income for the six months ended in Feb. 2024 was HK$55.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Feb. 2024 was HK$678.9 Mil.

Leader Education'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	*	55.341	/	-21.258
	=	2.60

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

Leader Education (HKSE:01449) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Leader Education Ltd (HKSE:01449) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qunying Jie No. 33, Xueyuan Road, Limin Development Zone, Heilongjiang Province, Harbin, CHN, 150025

Website

https://www.hibu.edu.cn

Leader Education Ltd is engaged in providing private higher education services in the People's Republic of China. The school is a degree-granting private formal university-level education institution that offers around 26 undergraduate majors in a wide range of subject areas, including engineering, management, economics, literature, and arts.

Executives

Huatai Securities Co., Ltd.	2201 Interest of corporation controlled by you
Shuren Education Limited	2101 Beneficial owner
Dong Ling	2201 Interest of corporation controlled by you
Liu Laixiang	2202 Interest of your spouse
Junhua Education Limited	2101 Beneficial owner

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