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Daewoo Electronic Components Co (XKRX:009320) Interest Expense : ₩-2,795 Mil (TTM As of Mar. 2024)


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What is Daewoo Electronic Components Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Daewoo Electronic Components Co's interest expense for the three months ended in Mar. 2024 was ₩ -741 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-2,795 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. Daewoo Electronic Components Co's Operating Income for the three months ended in Mar. 2024 was ₩ 305 Mil. Daewoo Electronic Components Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -741 Mil. Daewoo Electronic Components Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.41. 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.

Daewoo Electronic Components Co Interest Expense Historical Data

The historical data trend for Daewoo Electronic Components 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.

Daewoo Electronic Components Co Interest Expense Chart

Daewoo Electronic Components 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 -728.58 -784.21 -914.32 -1,491.82 -2,594.85

Daewoo Electronic Components 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 -491.51 -630.82 -399.43 -1,024.26 -740.91

Daewoo Electronic Components 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 ₩-2,795 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.

Daewoo Electronic Components Co  (XKRX:009320) 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.

Daewoo Electronic Components Co's Interest Expense for the three months ended in Mar. 2024 was ₩-741 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩305 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩8,594 Mil.

Daewoo Electronic Components 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*305.268/-740.909
=0.41

* 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.

Daewoo Electronic Components Co (XKRX:009320) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Daewoo Electronic Components Co Ltd (XKRX:009320) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
19, Mangje-Dong, Jeongeup, North Jeolla, KOR, 580-100
Website
http://www.dwecc.com
Daewoo Electronic Components Co Ltd manufactures and markets car electronic components in South Korea. Its products include voltage regulators, ignition modules, motor drives, brake transmission shift interlock (BTSI) and others. It is also engaged in the manufacture of aluminum electrolytic condensers.

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