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Hanwha General Insurance Co (XKRX:000370) Interest Expense : ₩-20,075 Mil (TTM As of Sep. 2024)


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What is Hanwha General Insurance Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hanwha General Insurance Co's interest expense for the three months ended in Sep. 2024 was ₩ -5,497 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₩-20,075 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. Hanwha General Insurance Co's Operating Income for the three months ended in Sep. 2024 was ₩ 128,126 Mil. Hanwha General Insurance Co's Interest Expense for the three months ended in Sep. 2024 was ₩ -5,497 Mil. Hanwha General Insurance Co's Interest Coverage for the quarter that ended in Sep. 2024 was 23.31. 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.


Hanwha General Insurance Co Interest Expense Historical Data

The historical data trend for Hanwha General Insurance 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.

Hanwha General Insurance Co Interest Expense Chart

Hanwha General Insurance 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 -25,275.41 -22,640.70 -22,698.55 -34,538.86 -34,752.54

Hanwha General Insurance Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -8,731.90 -6,185.94 -4,168.92 -4,224.03 -5,496.51

Hanwha General Insurance 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-20,075 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.


Hanwha General Insurance Co  (XKRX:000370) 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.

Hanwha General Insurance Co's Interest Expense for the three months ended in Sep. 2024 was ₩-5,497 Mil. Its EBIT for the three months ended in Sep. 2024 was ₩128,126 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₩598,291 Mil.

Hanwha General Insurance Co's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* EBIT (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*128125.727/-5496.511
=23.31

* 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.


Hanwha General Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
56, Yeouido-daero, Yeongdeungpo-gu, (23-5, Yeouido-dong), Seoul, KOR
Hanwha General Insurance Co Ltd Is a South Korea based company engaged in providing non-life insurance and reinsurance services. It offers fire, marine, car, casualty, long term, retirement, private pension, and other insurances. In addition, the company also provides loan services, such as insurance contract loans, apartment mortgage loan and credit loan services.

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