GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » E Kocref CR-REIT (XKRX:088260) » Definitions » Interest Expense

E Kocref CR-REIT (XKRX:088260) Interest Expense : ₩-7,489 Mil (TTM As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is E Kocref CR-REIT Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. E Kocref CR-REIT's interest expense for the six months ended in Mar. 2024 was ₩ -3,758 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-7,489 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. E Kocref CR-REIT's Operating Income for the six months ended in Mar. 2024 was ₩ 8,674 Mil. E Kocref CR-REIT's Interest Expense for the six months ended in Mar. 2024 was ₩ -3,758 Mil. E Kocref CR-REIT's Interest Coverage for the quarter that ended in Mar. 2024 was 2.31. 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.


E Kocref CR-REIT Interest Expense Historical Data

The historical data trend for E Kocref CR-REIT'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.

E Kocref CR-REIT Interest Expense Chart

E Kocref CR-REIT Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Interest Expense
Get a 7-Day Free Trial -9,351.25 -9,402.20 -9,037.20 -7,307.85 -7,493.51

E Kocref CR-REIT Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 -3,632.97 -3,717.58 -3,647.43 -3,730.98 -3,758.29

E Kocref CR-REIT 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 semi-annually data reported by the company within the most recent 12 months, which was ₩-7,489 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.


E Kocref CR-REIT  (XKRX:088260) 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.

E Kocref CR-REIT's Interest Expense for the six months ended in Mar. 2024 was ₩-3,758 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₩8,674 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2024 was ₩0 Mil.

E Kocref CR-REIT'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*8674.034/-3758.29
=2.31

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. E Kocref CR-REIT interest coverage is 2.31, which is low.


E Kocref CR-REIT (XKRX:088260) Business Description

Traded in Other Exchanges
N/A
Address
511 Samsung Road, Gangnam-gu, Seoul, KOR
Website
E Kocref CR-REIT is a real estate investment company. It provides real estate rental and supply services.

E Kocref CR-REIT (XKRX:088260) Headlines

No Headlines