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Great New wave Coming Co (XKRX:065060) Interest Expense : ₩-5,009 Mil (TTM As of Mar. 2024)


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What is Great New wave Coming Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Great New wave Coming Co's interest expense for the three months ended in Mar. 2024 was ₩ -1,069 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-5,009 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. Great New wave Coming Co's Operating Income for the three months ended in Mar. 2024 was ₩ -1,959 Mil. Great New wave Coming Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -1,069 Mil. Great New wave Coming Co did not have earnings to cover the interest expense. 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.


Great New wave Coming Co Interest Expense Historical Data

The historical data trend for Great New wave Coming 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.

Great New wave Coming Co Interest Expense Chart

Great New wave Coming 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 -5,193.90 -3,268.51 -3,610.59 -4,108.94 -5,157.24

Great New wave Coming 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 -1,217.33 -1,244.85 -2,920.02 224.96 -1,069.43

Great New wave Coming 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 ₩-5,009 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.


Great New wave Coming Co  (XKRX:065060) 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.

Great New wave Coming Co's Interest Expense for the three months ended in Mar. 2024 was ₩-1,069 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩-1,959 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩24,200 Mil.

Great New wave Coming Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Great New wave Coming Co did not have earnings to cover the interest expense.

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Great New wave Coming Co Ltd interest coverage is 1.1, which is low.


Great New wave Coming Co (XKRX:065060) Business Description

Traded in Other Exchanges
N/A
Address
GNCO Bldg. 38 Munjeong-dong, Songpa-gu, Seoul, KOR, 138-279
Great New wave Coming Co Ltd is a fashion company engaged in manufacturing and selling of various kinds of casual outfits, menswear, and womenswear. The company offers different range of products under brand name such as Thursday Island, T.I. FOR MEN, ELOQ, Loudmut, and Phenom.

Great New wave Coming Co (XKRX:065060) Headlines

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