Chen Lin Education Group Holdings (HKSE:01593) Interest Expense : HK$-107.2 Mil (TTM As of Aug. 2024)

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What is Chen Lin Education Group Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chen Lin Education Group Holdings's interest expense for the six months ended in Aug. 2024 was HK$ -53.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Aug. 2024 was HK$-107.2 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. Chen Lin Education Group Holdings's Operating Income for the six months ended in Aug. 2024 was HK$ 52.7 Mil. Chen Lin Education Group Holdings's Interest Expense for the six months ended in Aug. 2024 was HK$ -53.0 Mil. Chen Lin Education Group Holdings's Interest Coverage for the quarter that ended in Aug. 2024 was 0.99. 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.

Chen Lin Education Group Holdings Interest Expense Historical Data

The historical data trend for Chen Lin Education Group 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.

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Chen Lin Education Group Holdings Interest Expense Chart

Chen Lin Education Group Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Aug22

Aug23

Aug24

Interest Expense

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-25.94

-68.00

-84.44

-107.34

Chen Lin Education Group Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Interest Expense	Get a 7-Day Free Trial									-24.63	-47.42	-39.83	-54.14	-53.03

Chen Lin Education Group 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 Aug. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-107.2 Mil.

Chen Lin Education Group Holdings (HKSE:01593) 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.

Chen Lin Education Group Holdings's Interest Expense for the six months ended in Aug. 2024 was HK$-53.0 Mil. Its Operating Income for the six months ended in Aug. 2024 was HK$52.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Aug. 2024 was HK$1,800.2 Mil.

Chen Lin Education Group Holdings's Interest Coverage for the quarter that ended in Aug. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Aug. 2024 )	/	Interest Expense (Q: Aug. 2024 )
	=	-1	*	52.71	/	-53.028
	=	0.99

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Chen Lin Education Group Holdings Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Chen Lin Education Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Chen Lin Education Group Holdings Ltd (HKSE:01593) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 001, Xinjian Lianfu Dadao, Jiangxi, Nanchang, CHN

Website

http://www.chenlin-edu.com

Chen Lin Education Group Holdings Ltd is engaged in the provision of private tertiary education services in the PRC. It is specialized in full-system applied undergraduate education, vocational education and quality high school education. The group derives revenue from Tuition fees, Boarding fees, Internship management fees, Tutoring and program management services, and others.

Executives

Huang Yulin	2201 Interest of corporation controlled by you
Huangyulin Holdings Limited	2101 Beneficial owner
Wang Li

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