Namhae Chemical (XKRX:025860) Interest Expense : ₩-11,694 Mil (TTM As of Mar. 2024)

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What is Namhae Chemical Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Namhae Chemical's interest expense for the three months ended in Mar. 2024 was ₩ -3,166 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-11,694 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. Namhae Chemical's Operating Income for the three months ended in Mar. 2024 was ₩ 20,063 Mil. Namhae Chemical's Interest Expense for the three months ended in Mar. 2024 was ₩ -3,166 Mil. Namhae Chemical's Interest Coverage for the quarter that ended in Mar. 2024 was 6.34. 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.

Namhae Chemical Interest Expense Historical Data

The historical data trend for Namhae Chemical'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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Namhae Chemical Interest Expense Chart

Namhae Chemical Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-1,704.37

-928.20

-567.61

-9,169.71

-11,640.09

Namhae Chemical 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															-3,112.81	-2,777.83	-2,695.23	-3,054.22	-3,166.35

Namhae Chemical 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 ₩-11,694 Mil.

Namhae Chemical (XKRX:025860) 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.

Namhae Chemical's Interest Expense for the three months ended in Mar. 2024 was ₩-3,166 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩20,063 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩38,091 Mil.

Namhae Chemical'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	*	20062.506	/	-3166.354
	=	6.34

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

Namhae Chemical (XKRX:025860) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Namhae Chemical Corp (XKRX:025860) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1384 Yeosudandan-ro, Jeonnam, Yeosu-si, KOR, 59618

Website

http://www.nhchem.co.kr

Namhae Chemical Corp engaged in the manufacture and sale of agricultural and chemical products. It operates through various divisions namely; Fertilizer, Chemical, and Oil. The Fertilizer and Chemical business division produces and sells inorganic, compound, and phosphoric acid fertilizers, as well as chemicals such as ammonia, sulfuric acid, gypsum, and calcium phosphate. The Oil business division offers petroleum, gas, oil, and kerosene. All the business activity is functioned through the region of South Korea.

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