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Qtone Education Group (Guangdong) (SZSE:300359) Interest Expense : ¥-1.1 Mil (TTM As of Mar. 2024)


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What is Qtone Education Group (Guangdong) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Qtone Education Group (Guangdong)'s interest expense for the three months ended in Mar. 2024 was ¥ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-1.1 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. Qtone Education Group (Guangdong)'s Operating Income for the three months ended in Mar. 2024 was ¥ -6.7 Mil. Qtone Education Group (Guangdong)'s Interest Expense for the three months ended in Mar. 2024 was ¥ -0.2 Mil. Qtone Education Group (Guangdong) 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.

Qtone Education Group (Guangdong) Interest Expense Historical Data

The historical data trend for Qtone Education Group (Guangdong)'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.

* Premium members only.

Qtone Education Group (Guangdong) Interest Expense Chart

Qtone Education Group (Guangdong) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.24 -13.26 -10.53 -4.66 -1.17

Qtone Education Group (Guangdong) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense 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 -0.28 -0.03 -0.82 -0.04 -0.24

Qtone Education Group (Guangdong) 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-1.1 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.

Qtone Education Group (Guangdong)  (SZSE:300359) Interest Expense Explanation

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. The higher, the better.

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

Qtone Education Group (Guangdong)'s Interest Expense for the three months ended in Mar. 2024 was ¥-0.2 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-6.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥11.6 Mil.

Qtone Education Group (Guangdong)'s Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Qtone Education Group (Guangdong) 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.

Qtone Education Group (Guangdong) (SZSE:300359) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Qtone Education Group (Guangdong) Ltd (SZSE:300359) » Definitions » Interest Expense
Comparable Companies
SZSE:300864 SHSE:603377 SZSE:300654 SHSE:600730 SHSE:605098 SZSE:000526 SHSE:600661 SZSE:003032 SZSE:300559 SZSE:300282 AIU EDU TAL HKSE:01797 ASX:IEL LOPE SZSE:002607 GHC COUR LRN
Traded in Other Exchanges
N/A
Address
No. 88, Zhongshan 4th Road, 19th Floor, Block 5, Shengjing Shangfeng, East District, Guangdong, Zhongshan, CHN, 528400
Website
http://www.qtone.cn
Qtone Education Group (Guangdong) Ltd is a Chinese company engaged in providing school interactive services. It is engaged in the businesses of Education information construction and operation which consists smart education integrated solution, consulting service system, value-added operations; Campus service business which comprises campus communication, campus security, teaching management services, education management services; and Continuing education business.
Executives
Zhao Min Independent director
Liu Yu Ming Directors, executives
Chen Chi Chang Director
Wang Ling Director
Wan Jian Jun Director
Lin Xiao Ya Director
Zhou Wei Directors, Directors, and Executives
Wang Hai Fang Supervisors

Qtone Education Group (Guangdong) (SZSE:300359) Headlines

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