China YuHua Education (HKSE:06169) Interest Coverage : 8.83 (As of Feb. 2024)

China YuHua Education Interest Coverage Chart

China YuHua Education Annual Data
	Trend	Aug14	Aug15	Aug16	Aug17	Aug18	Aug19	Aug20	Aug21	Aug22	Aug23
Interest Coverage		Get a 7-Day Free Trial					10.65	12.54	20.22	22.31	26.38

China YuHua Education Semi-Annual Data
	Aug14	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Interest Coverage	Get a 7-Day Free Trial														20.90	23.72	22.35	31.90	8.83

Competitive Comparison of China YuHua Education's Interest Coverage

For the Education & Training Services subindustry, China YuHua Education's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

China YuHua Education's Interest Coverage Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China YuHua Education's Interest Coverage distribution charts can be found below:

* The bar in red indicates where China YuHua Education's Interest Coverage falls into.

China YuHua Education Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Else if Interest Expense is negative and Operating Income is negative, then

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

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 YuHua Education's Interest Coverage for the fiscal year that ended in Aug. 2023 is calculated as

Here, for the fiscal year that ended in Aug. 2023, China YuHua Education's Interest Expense was HK$-39 Mil. Its Operating Income was HK$1,019 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$1,122 Mil.

China YuHua Education's Interest Coverage for the quarter that ended in Feb. 2024 is calculated as

Here, for the six months ended in Feb. 2024, China YuHua Education's Interest Expense was HK$-31 Mil. Its Operating Income was HK$278 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$165 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.

The higher the ratio, the stronger the company's Financial Strength is.

China YuHua Education  (HKSE:06169) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .

China YuHua Education Interest Coverage Related Terms

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China YuHua Education (HKSE:06169) Business Description