China Beststudy Education Group (HKSE:03978) Interest Expense : HK$-13 Mil (TTM As of Jun. 2024)

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What is China Beststudy Education Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. China Beststudy Education Group's interest expense for the six months ended in Jun. 2024 was HK$ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was HK$-13 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. China Beststudy Education Group's Operating Income for the six months ended in Jun. 2024 was HK$ 71 Mil. China Beststudy Education Group's Interest Expense for the six months ended in Jun. 2024 was HK$ -6 Mil. China Beststudy Education Group's Interest Coverage for the quarter that ended in Jun. 2024 was 12.63. 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.

China Beststudy Education Group Interest Expense Historical Data

The historical data trend for China Beststudy 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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China Beststudy Education Group Interest Expense Chart

China Beststudy Education Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

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-62.87

-70.77

-13.81

-9.81

-12.53

China Beststudy Education Group Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Interest Expense	Get a 7-Day Free Trial													-5.17	-4.99	-4.81	-5.59	-6.99

China Beststudy Education Group 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$-13 Mil.

China Beststudy Education Group (HKSE:03978) 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.

China Beststudy Education Group's Interest Expense for the six months ended in Jun. 2024 was HK$-6 Mil. Its Operating Income for the six months ended in Jun. 2024 was HK$71 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2024 was HK$226 Mil.

China Beststudy Education Group's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	70.532	/	-5.586
	=	12.63

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

China Beststudy Education Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Beststudy Education Group (HKSE:03978) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

65 Xianlie Middle Road, 11th Floor, Yuexiu District, Guangdong, Guangzhou, CHN

Website

https://www.beststudy.com

China Beststudy Education Group is an investment holding company. Along with its subsidiaries, it is engaged in providing education-related courses which include full-time revision business, talent education, self-study programs, vocational education, and after-school tutoring programs for high school students. It generates the majority of its revenue from the Full-time test preparation programs segment. Geographically the company operates in mainland China.

Executives

Huang Yanyun	2202 Interest of your spouse
Tang Junjing	2101 Beneficial owner
Tang Junying	2101 Beneficial owner
Yu Hua	2202 Interest of your spouse
Zhang Xiaoying	2202 Interest of your spouse
Zhou Gui	2101 Beneficial owner
Elite Education Investment Co. Ltd.	2103 Interests held jointly with another person
Jameson Ying Industrial Co. Ltd.	2103 Interests held jointly with another person
Texcellence Holding Company Limited	2103 Interests held jointly with another person
Jtc Trustees (bvi) Limited	2301 Trustee
Hung Sing Global Fund Limited Spc – Hung Sing Global Multi-strategy No.3 Fund Sp	2102 Investment manager
Fu Shaoping	2301 Trustee
Soarise Bulex Limited	2306 Nominee for another person

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