Global Education Communities (TSX:GEC) Interest Expense : C$-10.49 Mil (TTM As of Feb. 2025)

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What is Global Education Communities Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Global Education Communities's interest expense for the three months ended in Feb. 2025 was C$ -3.31 Mil. Its interest expense for the trailing twelve months (TTM) ended in Feb. 2025 was C$-10.49 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. Global Education Communities's Operating Income for the three months ended in Feb. 2025 was C$ 2.01 Mil. Global Education Communities's Interest Expense for the three months ended in Feb. 2025 was C$ -3.31 Mil. Global Education Communities's Interest Coverage for the quarter that ended in Feb. 2025 was 0.61. 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.

Global Education Communities Interest Expense Historical Data

The historical data trend for Global Education Communities'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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Global Education Communities Interest Expense Chart

Global Education Communities Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Interest Expense

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-5.49

-7.41

-6.78

-13.48

-11.37

Global Education Communities Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Interest Expense	Get a 7-Day Free Trial															-2.62	-2.04	-2.45	-2.68	-3.31

Global Education Communities 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-10.49 Mil.

Global Education Communities (TSX:GEC) 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.

Global Education Communities's Interest Expense for the three months ended in Feb. 2025 was C$-3.31 Mil. Its Operating Income for the three months ended in Feb. 2025 was C$2.01 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Feb. 2025 was C$104.35 Mil.

Global Education Communities's Interest Coverage for the quarter that ended in Feb. 2025 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Feb. 2025 )	/	Interest Expense (Q: Feb. 2025 )
	=	-1	*	2.011	/	-3.313
	=	0.61

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. Global Education Communities Corps earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Global Education Communities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Global Education Communities Corp (TSX:GEC) » Definitions » Interest Expense

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GECSF:USA O3V:Germany

Address

777 West Broadway, Suite 1200, Vancouver, BC, CAN, V5Z 4J7

Website

https://www.gechq.com

Global Education Communities Corp is an educational and student-housing real estate company. Its business operations include education, media communications, revenue-producing properties, and real estate development. The company currently has five main business units, namely Sprott Shaw College Corp. (SSCC), Sprott Shaw Language College (SSLC), including Vancouver International College (VIC), CIBT School of Business & Technology (CIBT), IRIX Design Group Inc. (IRIX) and Global Education City Holdings Inc. (GECH). The majority of the company's revenue is generated from its Sprott Shaw College Corp. (SSCC) unit.

Executives

Cibt Education Group Inc	Issuer
Shane Weir	Director
Derek Yiyi Feng	Director

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