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Puxin (NEWYY) Interest Expense : $-12.6 Mil (TTM As of Jun. 2021)


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What is Puxin Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Puxin's interest expense for the three months ended in Jun. 2021 was $ -3.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2021 was $-12.6 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. Puxin's Operating Income for the three months ended in Jun. 2021 was $ -18.6 Mil. Puxin's Interest Expense for the three months ended in Jun. 2021 was $ -3.6 Mil. Puxin 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.


Puxin Interest Expense Historical Data

The historical data trend for Puxin'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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Puxin Interest Expense Chart

Puxin Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
Interest Expense
- -0.84 -7.54 -10.14 -12.28

Puxin Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 -2.92 -2.86 -2.96 -3.18 -3.56

Puxin 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-12.6 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.


Puxin  (OTCPK:NEWYY) 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.

Puxin's Interest Expense for the three months ended in Jun. 2021 was $-3.6 Mil. Its Operating Income for the three months ended in Jun. 2021 was $-18.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2021 was $184.0 Mil.

Puxin's Interest Coverage for the quarter that ended in Jun. 2021 is calculated as

Puxin 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.


Puxin (NEWYY) Business Description

Traded in Other Exchanges
N/A
Address
75 Suzhou Street, Haidian District, 5th Floor, Building 4, Dingjun Building, Beijing, CHN, 100080
Puxin Ltd provides education services. The company's segments consist of K-12 tutoring services and Study abroad tutoring services. Its K-12 tutoring services provide result-oriented educational services in group class settings and through personalized tutoring sessions as well as study plan tailored to fit a student's aptitude, grade level, past academic performance, future academic goals, and other pertinent factors. Study abroad tutoring services are designed to help students prepare for admission tests and applications for high schools, universities and graduate programs primarily in English-speaking countries. It generates a majority of its revenue from the K-12 tutoring services segment. Geographically, it operates in PRC.