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Systems Technology (XKRX:039440) Interest Expense : ₩-43 Mil (TTM As of Mar. 2024)


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What is Systems Technology Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Systems Technology's interest expense for the three months ended in Mar. 2024 was ₩ -33 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-43 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. Systems Technology's Operating Income for the three months ended in Mar. 2024 was ₩ 1,986 Mil. Systems Technology's Interest Expense for the three months ended in Mar. 2024 was ₩ -33 Mil. Systems Technology's Interest Coverage for the quarter that ended in Mar. 2024 was 60.39. 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.


Systems Technology Interest Expense Historical Data

The historical data trend for Systems Technology'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.

Systems Technology Interest Expense Chart

Systems Technology 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 -1,106.00 -488.88 -351.73 -777.71 -99.61

Systems Technology 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 -89.30 68.46 -18.73 -60.04 -32.88

Systems Technology 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 ₩-43 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.


Systems Technology  (XKRX:039440) 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.

Systems Technology's Interest Expense for the three months ended in Mar. 2024 was ₩-33 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩1,986 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩641 Mil.

Systems Technology'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*1985.588/-32.878
=60.39

* 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. Systems Technology Inc has enough cash to cover all of its debt. Its financial situation is stable.


Systems Technology (XKRX:039440) Business Description

Traded in Other Exchanges
N/A
Address
450-5, Yanggi-ri, Gongdo-eup, Anseong, Gyeonggi, KOR, 456-824
Systems Technology Inc is a Korea-based company engages in the manufacturing of CCSS (Central Chemical Supply System) equipment and wet process equipment (Cleaner / Developer / Etcher / Stripper) for Semiconductor and FPD industry.

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