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LS Networks (XKRX:000680) Interest Expense : ₩-19,950 Mil (TTM As of Jun. 2024)


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What is LS Networks Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LS Networks's interest expense for the three months ended in Jun. 2024 was ₩ -4,879 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₩-19,950 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. LS Networks's Operating Income for the three months ended in Jun. 2024 was ₩ 20,391 Mil. LS Networks's Interest Expense for the three months ended in Jun. 2024 was ₩ -4,879 Mil. LS Networks's Interest Coverage for the quarter that ended in Jun. 2024 was 4.18. 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.


LS Networks Interest Expense Historical Data

The historical data trend for LS Networks'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.

LS Networks Interest Expense Chart

LS Networks 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 -22,348.59 -22,673.67 -20,374.28 -18,514.22 -20,879.01

LS Networks Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -4,562.90 -4,790.87 -5,070.10 -5,209.79 -4,879.42

LS Networks 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-19,950 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.


LS Networks  (XKRX:000680) 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.

LS Networks's Interest Expense for the three months ended in Jun. 2024 was ₩-4,879 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₩20,391 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₩24,256 Mil.

LS Networks's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*20390.526/-4879.422
=4.18

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. LS Networks Corp Ltd interest coverage is 2.31, which is low.


LS Networks Business Description

Traded in Other Exchanges
N/A
Address
92, Hangang-daero, LS Yongsan tower, Yongsan-gu, Seoul, KOR
LS Networks Corp Ltd is a Korea based company engaged in the business of footwear, apparel, equipment, and accessory products. It operates in the business units of Consumer brands and retail business, Global trading business and Asset management business. In addition, the company is also involved in the trading business.

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