Samsung Electronics Co (Samsung Electronics Co) Interest Expense

: $-709 Mil (TTM As of Dec. 2023)

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

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Samsung Electronics Co's interest expense for the three months ended in Dec. 2023 was $ -55 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-709 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. Samsung Electronics Co's Operating Income for the three months ended in Dec. 2023 was $ 2,166 Mil. Samsung Electronics Co's Interest Expense for the three months ended in Dec. 2023 was $ -55 Mil. Samsung Electronics Co's Interest Coverage for the quarter that ended in Dec. 2023 was 39.02. 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.

Samsung Electronics Co Interest Expense Historical Data

The historical data trend for Samsung Electronics 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.

Samsung Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-584.28

-533.02

-364.51

-589.86

-713.17

Samsung Electronics Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense																-212.02	-223.33	-221.16	-209.33	-55.50

Samsung Electronics 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-709 Mil.

Samsung Electronics Co (OTCPK:SSNLF) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Samsung Electronics Co's Interest Expense for the three months ended in Dec. 2023 was $-55 Mil. Its Operating Income for the three months ended in Dec. 2023 was $2,166 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $3,268 Mil.

Samsung Electronics 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	*	2165.539	/	-55.499
	=	39.02

The higher the ratio, the stronger the company's financial strength is.

Samsung Electronics Co (Samsung Electronics Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Samsung Electronics Co Ltd (OTCPK:SSNLF) » Definitions » Interest Expense

Traded in Other Exchanges

SMSNN:Mexico 005935:Korea 005930:Korea BC94:UK SMSNl:UK SMSN:UK SMSD:UK SSUN:Germany

Address

129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, KOR, 443-742

Website

https://www.samsung.com

Samsung Electronics is a diversified electronics conglomerate that manufactures and sells a wide range of products, including smartphones, semiconductor chips, printers, home appliances, medical equipment, and telecom network equipment. More than half of its profit is generated from semiconductor business, and a further 25% is generated from its mobile handset business, although these percentages vary with the fortunes of each of these businesses. It is the largest smartphone and television manufacturer in the world, which helps provide a base demand for its component businesses, such as memory chips and displays, and is also the largest manufacturer of these globally.