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Readboy Education Holding Co (HKSE:02385) Interest Expense : HK$-1.3 Mil (TTM As of Dec. 2023)


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What is Readboy Education Holding Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Readboy Education Holding Co's interest expense for the six months ended in Dec. 2023 was HK$ -1.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was HK$-1.3 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. Readboy Education Holding Co's Operating Income for the six months ended in Dec. 2023 was HK$ -42.5 Mil. Readboy Education Holding Co's Interest Expense for the six months ended in Dec. 2023 was HK$ -1.0 Mil. Readboy Education Holding Co did not have earnings to cover the interest expense. 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.

Readboy Education Holding Co Interest Expense Historical Data

The historical data trend for Readboy Education Holding Co'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.

Readboy Education Holding Co Interest Expense Chart

Readboy Education Holding Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
-1.37 -0.43 -0.11 -0.15 -1.30

Readboy Education Holding Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Expense Get a 7-Day Free Trial -0.06 -0.11 -0.04 -0.25 -1.04

Readboy Education Holding Co 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-1.3 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.

Readboy Education Holding Co  (HKSE:02385) 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.

Readboy Education Holding Co's Interest Expense for the six months ended in Dec. 2023 was HK$-1.0 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$-42.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was HK$2.4 Mil.

Readboy Education Holding Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Readboy Education Holding Co did not have earnings to cover the interest expense.

* 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.

Readboy Education Holding Co (HKSE:02385) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Readboy Education Holding Co Ltd (HKSE:02385) » Definitions » Interest Expense
Comparable Companies
HKSE:01563 HKSE:06169 HKSE:00382 HKSE:01593 HKSE:00032 HKSE:09616 HKSE:01525 HKSE:02001 HKSE:01935 HKSE:01765 AIU EDU TAL HKSE:01797 ASX:IEL LOPE SZSE:002607 GHC COUR LRN
Traded in Other Exchanges
N/A
Address
No. 38, Changyi Road, Wuguishan, Guangdong Province, Zhongshan, CHN
Website
https://www.readboy.com
Readboy Education Holding Co Ltd is an investment holding company engaged in the production and sale of personal student tablets, smart classroom solutions, wearable products, other products, and advertisement and content licensing in the People's Republic of China. The company has five operating segments; Production and sale of personal student tablets, Production and sale of smart classroom solutions, Production and sale of wearable products, Production and sale of other products, and Advertisement and content licensing. It derives a majority of its revenue from the production and sale of personal student tablets in the People's Republic of China.
Executives
Liu Zhilan 2101 Beneficial owner
Alpine Sky Limited 2101 Beneficial owner
Equiom Fiduciary Services (hong Kong) Limited 2301 Trustee
Kimlan Limited 2103 Interests held jointly with another person
Maples Trustee Services (cayman) Limited 2103 Interests held jointly with another person
Qin Shuguang 2201 Interest of corporation controlled by you
Sky Focus Holdings Limited 2103 Interests held jointly with another person
Trade Honour Holdings Limited 2101 Beneficial owner
Chen Zhiyong 2103 Interests held jointly with another person

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