Lotte Shopping Co (LSE:LOTS) Interest Expense : $-462 Mil (TTM As of Mar. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Lotte Shopping Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lotte Shopping Co's interest expense for the three months ended in Mar. 2024 was $ -118 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-462 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. Lotte Shopping Co's Operating Income for the three months ended in Mar. 2024 was $ 87 Mil. Lotte Shopping Co's Interest Expense for the three months ended in Mar. 2024 was $ -118 Mil. Lotte Shopping Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.73. 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.

Lotte Shopping Co Interest Expense Historical Data

The historical data trend for Lotte Shopping 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.

Lotte Shopping Co Interest Expense Chart

Lotte Shopping Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-418.19

-444.81

-408.48

-386.34

-456.49

Lotte Shopping 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															-110.31	-111.22	-115.05	-117.76	-117.81

Lotte Shopping 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 $-462 Mil.

Lotte Shopping Co (LSE:LOTS) 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.

Lotte Shopping Co's Interest Expense for the three months ended in Mar. 2024 was $-118 Mil. Its Operating Income for the three months ended in Mar. 2024 was $87 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $6,083 Mil.

Lotte Shopping 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	*	86.57	/	-117.81
	=	0.73

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. Lotte Shopping Co Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Lotte Shopping Co (LSE:LOTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lotte Shopping Co Ltd (LSE:LOTS) » Definitions » Interest Expense

Traded in Other Exchanges

023530:Korea

Address

1, Sogong-dong, Joong-gu, Seoul, KOR, 100-721

Website

http://www.lotteshopping.com

Lotte Shopping Co Ltd is a Korean retailer with operations in Russia, China, Vietnam, and Indonesia. The company's portfolio consists of both offline and online channels in diverse business areas: retail, food, pharmaceuticals, tourism, real estate, finance and insurance, petrochemicals, chemicals, machinery, electronics, advertising, communications, manufacturing, logistics, and vehicle rental. Nonetheless, the group's reportable segments are as follows: department stores (retail), discount stores (retail), its finance business, consumer electronics retail, convenience stores, and others.

Lotte Shopping Co (LSE:LOTS) Headlines

No Headlines