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IK Semicon Co (XKRX:149010) Interest Expense : ₩-57 Mil (TTM As of Dec. 2023)


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What is IK Semicon Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. IK Semicon Co's interest expense for the six months ended in Dec. 2023 was ₩ -57 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₩-57 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. IK Semicon Co's Operating Income for the six months ended in Dec. 2023 was ₩ 2,047 Mil. IK Semicon Co's Interest Expense for the six months ended in Dec. 2023 was ₩ -57 Mil. IK Semicon Co's Interest Coverage for the quarter that ended in Dec. 2023 was 36.15. 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.


IK Semicon Co Interest Expense Historical Data

The historical data trend for IK Semicon 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.

IK Semicon Co Interest Expense Chart

IK Semicon 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 -119.77 -98.41 -81.19 -40.05 -56.64

IK Semicon Co Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -119.77 -98.41 -81.19 -40.05 -56.64

IK Semicon Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₩-57 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.


IK Semicon Co  (XKRX:149010) 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.

IK Semicon Co's Interest Expense for the six months ended in Dec. 2023 was ₩-57 Mil. Its Operating Income for the six months ended in Dec. 2023 was ₩2,047 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was ₩516 Mil.

IK Semicon Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*2047.294/-56.637
=36.15

* 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.


IK Semicon Co (XKRX:149010) Business Description

Traded in Other Exchanges
N/A
Address
Room 503, DMC Hi-Tech Industrial Center, 330 SeongAm-ro, Mapo-gu, Seoul, KOR, 121-912
IK Semicon Co Ltd is a IC design fabless semiconductor company in the fields of analog and mixed signal, supplying core technology IC's for automotive, smoke detector, earth leakage detector, LED lightning and home appliances.

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