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SGC Energy Co (XKRX:005090) Interest Expense : ₩-70,489 Mil (TTM As of Mar. 2024)


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What is SGC Energy Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SGC Energy Co's interest expense for the three months ended in Mar. 2024 was ₩ -19,708 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-70,489 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. SGC Energy Co's Operating Income for the three months ended in Mar. 2024 was ₩ 50,936 Mil. SGC Energy Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -19,708 Mil. SGC Energy Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.58. 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.


SGC Energy Co Interest Expense Historical Data

The historical data trend for SGC Energy 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.

* Premium members only.

SGC Energy Co Interest Expense Chart

SGC Energy Co 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 -12,537.77 -5,154.07 -33,347.72 -47,391.33 -67,211.65

SGC Energy Co 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 -16,430.45 -15,959.88 -17,094.51 -17,726.82 -19,708.27

SGC Energy 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-70,489 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.


SGC Energy Co  (XKRX:005090) 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.

SGC Energy Co's Interest Expense for the three months ended in Mar. 2024 was ₩-19,708 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩50,936 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩680,185 Mil.

SGC Energy Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*50935.69/-19708.266
=2.58

* 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.


SGC Energy Co (XKRX:005090) Business Description

Traded in Other Exchanges
N/A
Address
333 Imhae-ro, Jeollabuk-do, Gunsan-si, KOR, 54007
SGC Energy Co Ltd is engaged in the business of providing steam and electricity to enterprises in industrial complexes. Also, the company generates solar power and provides energy facilities.

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