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SNT Motiv (XKRX:064960) Interest Expense

: ₩-12 Mil (TTM As of Dec. 2023)
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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SNT Motiv's interest expense for the three months ended in Dec. 2023 was ₩ -8 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₩-12 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. SNT Motiv's Operating Income for the three months ended in Dec. 2023 was ₩ 32,352 Mil. SNT Motiv's Interest Expense for the three months ended in Dec. 2023 was ₩ -8 Mil. SNT Motiv's Interest Coverage for the quarter that ended in Dec. 2023 was 4,206.47. 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.


SNT Motiv Interest Expense Historical Data

The historical data trend for SNT Motiv'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.

SNT Motiv Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -88.49 -45.48 -60.33 -15.70 -12.11

SNT Motiv Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Interest Expense 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 Premium Member Only Premium Member Only Premium Member Only -2.90 -1.92 -1.56 -0.94 -7.69

SNT Motiv 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 ₩-12 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.


SNT Motiv  (XKRX:064960) 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.

SNT Motiv's Interest Expense for the three months ended in Dec. 2023 was ₩-8 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₩32,352 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₩82 Mil.

SNT Motiv'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*32351.945/-7.691
=4,206.47

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. SNT Motiv has enough cash to cover all of its debt. Its financial situation is stable.


SNT Motiv (XKRX:064960) Business Description

Traded in Other Exchanges
N/A
Address
363 Yeoraksongjeong-ro, Cheolma-myeon, Gijang-gun, Busan, KOR
SNT Motiv is a Korean company that is engaged in developing and producing core components and defense products for automobiles. The company offers chassis, including suspension modules, shock absorbers, and steering knuckles; electronic products, including remote keyless entry (RKE) systems, immobilizers, driver seat control systems and other; defense products, such as rifles and machine guns, and others.

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