GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hanwha Corp (XKRX:000880) » Definitions » Interest Expense

Hanwha (XKRX:000880) Interest Expense : ₩-763,142 Mil (TTM As of Mar. 2024)


View and export this data going back to 1976. Start your Free Trial

What is Hanwha Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hanwha's interest expense for the three months ended in Mar. 2024 was ₩ -215,014 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-763,142 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's Operating Income for the three months ended in Mar. 2024 was ₩ 1,319,414 Mil. Hanwha's Interest Expense for the three months ended in Mar. 2024 was ₩ -215,014 Mil. Hanwha's Interest Coverage for the quarter that ended in Mar. 2024 was 6.14. 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 Interest Expense Historical Data

The historical data trend for Hanwha'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 Interest Expense Chart

Hanwha 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 -496,860.00 -461,449.00 -394,529.00 -548,465.00 -905,301.00

Hanwha 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 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 -130,934.00 -165,300.00 -169,186.00 -213,642.00 -215,014.00

Hanwha 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 ₩-763,142 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  (XKRX:000880) 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's Interest Expense for the three months ended in Mar. 2024 was ₩-215,014 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩1,319,414 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩0 Mil.

Hanwha'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*1319414/-215014
=6.14

* 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. Hanwha Corp interest coverage is 2.92, which is low.

Hanwha (XKRX:000880) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Hanwha Corp (XKRX:000880) » Definitions » Interest Expense
Comparable Companies
XKRX:000150 XKRX:383800 XKRX:004800 XKRX:001740 XKRX:001040 XKRX:001120 XKRX:456040 XKRX:006120 XKRX:000070 XKRX:145990 ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI HKSE:00267 TSE:8002
Traded in Other Exchanges
00088K:Korea 000885:Korea
Address
1 Janggyo-dong, Jung-gu, Seoul, KOR, 100-797
Website
https://www.hanwhacorp.co.kr
Hanwha Corp is a global manufacturing and trading company. The company operates in four business areas - Explosives, Defense, Trading, and Machinery. Explosives Division offers a wide range of explosives products and services via three business units: chemical unit, cladding unit, and the fireworks promotion unit. Trading Division engages in trading various products ranging from raw materials to consumer goods, wood pallet manufacturing, landfill gas generation, solar power systems, and other new and renewable energy businesses. Machinery Division offers machine tools, factory automation and plant and machinery. Under its Defense Division, it offers precision-guided munitions, advanced ammunition, and unmanned systems and underwater surveillance equipment.

Hanwha (XKRX:000880) Headlines

No Headlines