GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » JC Chemical Co Ltd (XKRX:137950) » Definitions » Interest Expense

JC Chemical Co (XKRX:137950) Interest Expense : ₩-5,032 Mil (TTM As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is JC Chemical Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. JC Chemical Co's interest expense for the three months ended in Mar. 2024 was ₩ -1,384 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-5,032 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. JC Chemical Co's Operating Income for the three months ended in Mar. 2024 was ₩ 1,420 Mil. JC Chemical Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -1,384 Mil. JC Chemical Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.03. 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.


JC Chemical Co Interest Expense Historical Data

The historical data trend for JC Chemical 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.

JC Chemical Co Interest Expense Chart

JC Chemical 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 -2,803.39 -3,777.97 -3,353.49 -4,885.82 -5,480.66

JC Chemical 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 -1,832.06 -2,393.16 -1,953.41 697.97 -1,383.53

JC Chemical 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 ₩-5,032 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.


JC Chemical Co  (XKRX:137950) 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.

JC Chemical Co's Interest Expense for the three months ended in Mar. 2024 was ₩-1,384 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩1,420 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩37,819 Mil.

JC Chemical 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*1419.59/-1383.526
=1.03

* 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.


JC Chemical Co (XKRX:137950) Business Description

Traded in Other Exchanges
N/A
Address
Hwasan-Ri 354, Onsan-eup, Ulju-Gun, Ulsan, KOR, 689-896
JC Chemical Co Ltd is a South Korean company operating in the chemical industry. The products manufactured by the company include biodiesel and diesel oil.

JC Chemical Co (XKRX:137950) Headlines

No Headlines