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Hansung Cleantech Co (XKRX:066980) Interest Expense : ₩-6,473 Mil (TTM As of Mar. 2024)


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What is Hansung Cleantech Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hansung Cleantech Co's interest expense for the three months ended in Mar. 2024 was ₩ -1,204 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-6,473 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. Hansung Cleantech Co's Operating Income for the three months ended in Mar. 2024 was ₩ 2,953 Mil. Hansung Cleantech Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -1,204 Mil. Hansung Cleantech Co's Interest Coverage for the quarter that ended in Mar. 2024 was 2.45. 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.


Hansung Cleantech Co Interest Expense Historical Data

The historical data trend for Hansung Cleantech 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.

Hansung Cleantech Co Interest Expense Chart

Hansung Cleantech 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 -1,506.64 -2,158.76 -3,464.30 -5,455.66 -7,069.06

Hansung Cleantech 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 -1,800.28 -1,599.65 -3,545.37 -123.76 -1,204.36

Hansung Cleantech 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 ₩-6,473 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.


Hansung Cleantech Co  (XKRX:066980) 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.

Hansung Cleantech Co's Interest Expense for the three months ended in Mar. 2024 was ₩-1,204 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩2,953 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩9,855 Mil.

Hansung Cleantech 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*2952.947/-1204.355
=2.45

* 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.


Hansung Cleantech Co (XKRX:066980) Business Description

Traded in Other Exchanges
N/A
Address
6th Floor, Nonhyeon Building, 556 Gangnam-daero, Gangnam-gu, Seoul, KOR, 70228
Hansung Cleantech Co Ltd is a leading environmental solution provider. It has developed economical and efficient systems for the treatment and supply of industrial water, potable water, demineralized water (demi-water), and ultrapure water. It is supplying water treatment systems and related devices in line with the required level of customers based on its rich experiences in a wide variety of industries including electric and electronic, petrochemical, power, and pharmaceutical industries. The company strives to carry out the Design, Installation, and Management of efficient and high-quality processes to provide more convenience for customers.

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