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Dadi Education Holdings (HKSE:08417) Interest Coverage : 0 (At Loss) (As of Dec. 2023)


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What is Dadi Education Holdings Interest Coverage?

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 by its Interest Expense. Dadi Education Holdings's Operating Income for the three months ended in Dec. 2023 was HK$-2.06 Mil. Dadi Education Holdings's Interest Expense for the three months ended in Dec. 2023 was HK$-0.02 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Dadi Education Holdings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Dadi Education Holdings's Interest Coverage or its related term are showing as below:

HKSE:08417' s Interest Coverage Range Over the Past 10 Years
Min: 16.92   Med: 59.29   Max: No Debt
Current: 92.07


HKSE:08417's Interest Coverage is ranked better than
74.59% of 181 companies
in the Education industry
Industry Median: 15.51 vs HKSE:08417: 92.07

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Dadi Education Holdings Interest Coverage Historical Data

The historical data trend for Dadi Education Holdings's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Dadi Education Holdings Interest Coverage Chart

Dadi Education Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt 45.06 32.75 16.92 21.04

Dadi Education Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Coverage 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 Premium Member Only - - - 94.06 -

Competitive Comparison of Dadi Education Holdings's Interest Coverage

For the Education & Training Services subindustry, Dadi Education Holdings'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.


Dadi Education Holdings's Interest Coverage Distribution in the Education Industry

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

* The bar in red indicates where Dadi Education Holdings's Interest Coverage falls into.



Dadi Education Holdings 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

Interest Coverage=-1* Operating Income /Interest Expense

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

The company did not have earnings to cover the interest expense.

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

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Dadi Education Holdings's Interest Coverage for the fiscal year that ended in Mar. 2023 is calculated as

Here, for the fiscal year that ended in Mar. 2023, Dadi Education Holdings's Interest Expense was HK$-0.10 Mil. Its Operating Income was HK$2.19 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$3.55 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2023 )/Interest Expense (A: Mar. 2023 )
=-1*2.188/-0.104
=21.04

Dadi Education Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the three months ended in Dec. 2023, Dadi Education Holdings's Interest Expense was HK$-0.02 Mil. Its Operating Income was HK$-2.06 Mil. And its Long-Term Debt & Capital Lease Obligation was HK$0.00 Mil.

Dadi Education Holdings 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.


Dadi Education Holdings  (HKSE:08417) 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 .


Dadi Education Holdings Interest Coverage Related Terms

Thank you for viewing the detailed overview of Dadi Education Holdings's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Dadi Education Holdings (HKSE:08417) Business Description

Traded in Other Exchanges
N/A
Address
7th Floor, 700 Nathan Road, Units Nos. 702 and 703, Mong Kok, Kowloon, Hong Kong, HKG
Dadi Education Holdings Ltd provides overseas studies consultancy services. The company offers secondary education and higher education services to students in the United Kingdom, Australia, and Canada. The firm delivers consultancy services including study locations, academic requirements of study programs, applications for the study programs and accommodation and travelling arrangements among others.

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