SK Telecom Co (SK Telecom Co) Interest Expense

: $-297 Mil (TTM As of Dec. 2023)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SK Telecom Co's interest expense for the three months ended in Dec. 2023 was $ -79 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-297 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. SK Telecom Co's Operating Income for the three months ended in Dec. 2023 was $ 235 Mil. SK Telecom Co's Interest Expense for the three months ended in Dec. 2023 was $ -79 Mil. SK Telecom Co's Interest Coverage for the quarter that ended in Dec. 2023 was 2.97. 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.

SK Telecom Co Interest Expense Historical Data

The historical data trend for SK Telecom Co'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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SK Telecom Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-261.06

-264.19

-236.29

-253.80

-298.85

SK Telecom Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-79.53	-71.26	-73.88	-73.15	-79.19

SK Telecom Co 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-297 Mil.

SK Telecom Co (NYSE:SKM) 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.

SK Telecom Co's Interest Expense for the three months ended in Dec. 2023 was $-79 Mil. Its Operating Income for the three months ended in Dec. 2023 was $235 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $6,639 Mil.

SK Telecom Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	235.355	/	-79.192
	=	2.97

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

SK Telecom Co (SK Telecom Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » SK Telecom Co Ltd (NYSE:SKM) » Definitions » Interest Expense

Traded in Other Exchanges

017670:Korea KMBA:Germany S1KM34:Brazil

Address

SK T-Tower, 65, Eulji-ro, Jung-gu, Seoul, KOR, 04539

Website

https://www.sktelecom.com

SK Telecom is South Korea's largest wireless telecom operator, with 30 million mobile customers. The firm also owns SK Broadband (formerly Hanaro Telecom), which has 6.9 million broadband customers and 9.5 million pay TV customers (6.8 million IPTV and 2.7 million Cable TV). While the firm also purchased stakes in businesses in security and semiconductor memory production as well as developing e-commerce and internet platform businesses, these were all spun off into the separate, SK Square business in November 2021. The company was formed after SK Group purchased KT's mobile business in 1994.