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Eastern Pioneer Driving School Co (SHSE:603377) Interest Coverage : 0 (At Loss) (As of Mar. 2024)


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What is Eastern Pioneer Driving School Co 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. Eastern Pioneer Driving School Co's Operating Income for the three months ended in Mar. 2024 was ¥-23 Mil. Eastern Pioneer Driving School Co's Interest Expense for the three months ended in Mar. 2024 was ¥-19 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Eastern Pioneer Driving School Co's Interest Coverage or its related term are showing as below:


SHSE:603377's Interest Coverage is not ranked *
in the Education industry.
Industry Median: 15.145
* Ranked among companies with meaningful Interest Coverage only.

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


Eastern Pioneer Driving School Co Interest Coverage Historical Data

The historical data trend for Eastern Pioneer Driving School Co'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.

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Eastern Pioneer Driving School Co Interest Coverage Chart

Eastern Pioneer Driving School Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.13 2.96 4.50 0.97 -

Eastern Pioneer Driving School Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 4.29 3.38 - -

Competitive Comparison of Eastern Pioneer Driving School Co's Interest Coverage

For the Education & Training Services subindustry, Eastern Pioneer Driving School Co'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.


Eastern Pioneer Driving School Co's Interest Coverage Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Eastern Pioneer Driving School Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Eastern Pioneer Driving School Co's Interest Coverage falls into.



Eastern Pioneer Driving School Co 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.

Eastern Pioneer Driving School Co's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Eastern Pioneer Driving School Co's Interest Expense was ¥-93 Mil. Its Operating Income was ¥-2 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥730 Mil.

Eastern Pioneer Driving School Co did not have earnings to cover the interest expense.

Eastern Pioneer Driving School Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Here, for the three months ended in Mar. 2024, Eastern Pioneer Driving School Co's Interest Expense was ¥-19 Mil. Its Operating Income was ¥-23 Mil. And its Long-Term Debt & Capital Lease Obligation was ¥756 Mil.

Eastern Pioneer Driving School Co 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.


Eastern Pioneer Driving School Co  (SHSE:603377) 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 .


Eastern Pioneer Driving School Co Interest Coverage Related Terms

Thank you for viewing the detailed overview of Eastern Pioneer Driving School Co's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Eastern Pioneer Driving School Co (SHSE:603377) Business Description

Traded in Other Exchanges
N/A
Address
No. 19, Jinxing West Road, Daxing District, Beijing, CHN, 102600
Eastern Pioneer Driving School Co Ltd is a China-based company engaged in providing training services for motor vehicle drivers. It also offers sparring service, car repair services, car insurance agents and other auto-related services and consumer products. In addition, the company carries out traffic safety publicity and education activities, focusing on cultivating traffic safety awareness.
Executives
Zuo Fei Director

Eastern Pioneer Driving School Co (SHSE:603377) Headlines

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