Hanchang Paper Co (XKRX:009460) Interest Expense : ₩-6,236 Mil (TTM As of Mar. 2024)

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What is Hanchang Paper Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hanchang Paper Co's interest expense for the three months ended in Mar. 2024 was ₩ -2,441 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-6,236 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. Hanchang Paper Co's Operating Income for the three months ended in Mar. 2024 was ₩ 2,980 Mil. Hanchang Paper Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -2,441 Mil. Hanchang Paper Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.22. 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.

Hanchang Paper Co Interest Expense Historical Data

The historical data trend for Hanchang Paper 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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Hanchang Paper Co Interest Expense Chart

Hanchang Paper Co Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-1,502.31

-1,469.38

-1,243.35

-2,238.19

-5,964.65

Hanchang Paper 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															-1,676.67	-1,418.86	-1,967.65	-408.35	-2,441.22

Hanchang Paper 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 ₩-6,236 Mil.

Hanchang Paper Co (XKRX:009460) 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.

Hanchang Paper Co's Interest Expense for the three months ended in Mar. 2024 was ₩-2,441 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩2,980 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩46,494 Mil.

Hanchang Paper 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	*	2979.942	/	-2441.223
	=	1.22

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

Hanchang Paper Co (XKRX:009460) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Hanchang Paper Co Ltd (XKRX:009460) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

270 Yong Dang-Ri, Ungsang-Eup, Yangsan, KOR, 626-290

Website

http://www.hcpaper.co.kr

Hanchang Paper Co Ltd is involved in developing, manufacturing, and selling bio-degradable bio-mass materials/products in South Korea. It offers art boards under the I PAPERS brand; duplex boards, including ivory, SC, and TM paperboards; and functional white paper boards. The company also provides cups, lids, sleeves, shopping bags/ envelopes, films, forks/spoons/knives, and various kind of containers under the Greenus brand name.

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