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JYP Entertainment (XKRX:035900) Interest Expense : ₩-263 Mil (TTM As of Mar. 2024)


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What is JYP Entertainment Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. JYP Entertainment's interest expense for the three months ended in Mar. 2024 was ₩ -39 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-263 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. JYP Entertainment's Operating Income for the three months ended in Mar. 2024 was ₩ 33,612 Mil. JYP Entertainment's Interest Expense for the three months ended in Mar. 2024 was ₩ -39 Mil. JYP Entertainment's Interest Coverage for the quarter that ended in Mar. 2024 was 869.31. 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.


JYP Entertainment Interest Expense Historical Data

The historical data trend for JYP Entertainment'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.

JYP Entertainment Interest Expense Chart

JYP Entertainment 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 -49.15 -93.53 -37.57 -90.36 -264.41

JYP Entertainment 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 -40.41 -48.48 -56.72 -118.80 -38.67

JYP Entertainment 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 ₩-263 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.


JYP Entertainment  (XKRX:035900) 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.

JYP Entertainment's Interest Expense for the three months ended in Mar. 2024 was ₩-39 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩33,612 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩6,032 Mil.

JYP Entertainment'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*33611.849/-38.665
=869.31

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. JYP Entertainment Corp has enough cash to cover all of its debt. Its financial situation is stable.


JYP Entertainment (XKRX:035900) Business Description

Traded in Other Exchanges
N/A
Address
3F, 125-14, Cheongdam-Dong, Gangnam-gu, Seoul, KOR, 135-100
JYP Entertainment Corp is an entertainment company. It is engaged in music production as well as in recruiting, training, and management of new artist.

JYP Entertainment (XKRX:035900) Headlines

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