TCTM Kids IT Education (TCTM Kids IT Education) Interest Expense : $-0.0 Mil (TTM As of Jun. 2023)

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What is TCTM Kids IT Education Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TCTM Kids IT Education's interest expense for the three months ended in Jun. 2023 was $ -0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.0 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. TCTM Kids IT Education's Operating Income for the three months ended in Jun. 2023 was $ -1.0 Mil. TCTM Kids IT Education's Interest Expense for the three months ended in Jun. 2023 was $ -0.0 Mil. TCTM Kids IT Education 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.

TCTM Kids IT Education Interest Expense Historical Data

The historical data trend for TCTM Kids IT Education'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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TCTM Kids IT Education Interest Expense Chart

TCTM Kids IT Education Annual Data

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Interest Expense

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-0.03

TCTM Kids IT Education Quarterly Data
	Sep18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Interest Expense	Get a 7-Day Free Trial															-	-	-	-0.02	-

TCTM Kids IT Education 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.0 Mil.

TCTM Kids IT Education (NAS:TCTM) 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.

TCTM Kids IT Education's Interest Expense for the three months ended in Jun. 2023 was $-0.0 Mil. Its Operating Income for the three months ended in Jun. 2023 was $-1.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $20.3 Mil.

TCTM Kids IT Education's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

TCTM Kids IT Education did not have earnings to cover the interest expense.

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

TCTM Kids IT Education (TCTM Kids IT Education) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » TCTM Kids IT Education Inc (NAS:TCTM) » Definitions » Interest Expense

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0T8B:Germany

Address

No. 1 Andingmenwai Street, 6th Floor, Litchi Tower, Chaoyang District, Beijing, CHN, 100011

Website

https://www.tedu.cn

Tarena International Inc is engaged in providing professional education services including professional information technology (IT) training courses and non-IT training courses. It offers K-12 education services in China. The company operates in two reportable segments namely IT Professional Education and IT-focused Supplementary STEAM Education Services. The majority of the revenue is generated from the IT-focused Supplementary STEAM Education Services segment. The service provides by the company includes featuring course content, examinations, student and teaching staff interaction tools, student management tools, and an online student community. For adult students, Their education platform combines live distance instruction, classroom-based tutoring, and online learning modules.