GURUFOCUS.COM » STOCK LIST » Technology » Software » Gamsung Corp Co Ltd (XKRX:036620) » Definitions » Interest Expense

Gamsung Co (XKRX:036620) Interest Expense : ₩-1,043 Mil (TTM As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is Gamsung Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gamsung Co's interest expense for the three months ended in Mar. 2024 was ₩ -237 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-1,043 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. Gamsung Co's Operating Income for the three months ended in Mar. 2024 was ₩ 4,621 Mil. Gamsung Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -237 Mil. Gamsung Co's Interest Coverage for the quarter that ended in Mar. 2024 was 19.47. 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.


Gamsung Co Interest Expense Historical Data

The historical data trend for Gamsung 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.

Gamsung Co Interest Expense Chart

Gamsung 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 -949.49 -1,965.31 -1,937.89 -1,508.20 -1,129.42

Gamsung 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 -323.79 -276.51 -259.80 -269.32 -237.30

Gamsung 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 ₩-1,043 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.


Gamsung Co  (XKRX:036620) 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.

Gamsung Co's Interest Expense for the three months ended in Mar. 2024 was ₩-237 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩4,621 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩1,019 Mil.

Gamsung 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*4620.916/-237.303
=19.47

* 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.


Gamsung Co (XKRX:036620) Business Description

Traded in Other Exchanges
N/A
Address
162, Bangbae-ro, 4th Floor, Yegwang Building, Seocho-gu, Bangbae-dong, Seoul, KOR, 110-752
Gamsung Corp Co Ltd, formerlyVirtualTek Corp is involved in providing information technology (IT) and groupware development services. It is also focused on fuel cell power generation, mobile charging systems, and wastepaper products trading businesses. In addition, the company offers IT consulting and outsourcing, system integration, system construction consulting, and customized system development, as well as systems management, operation, and maintenance services; and operates as a distributor and service provider of related software and hardware.

Gamsung Co (XKRX:036620) Headlines

No Headlines