DB HiTek Co (XKRX:000990) Interest Expense : ₩-412 Mil (TTM As of Dec. 2023)

View and export this data going back to 1975. Start your Free Trial

What is DB HiTek Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. DB HiTek Co's interest expense for the three months ended in Dec. 2023 was ₩ -412 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₩-412 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. DB HiTek Co's Operating Income for the three months ended in Dec. 2023 was ₩ 42,236 Mil. DB HiTek Co's Interest Expense for the three months ended in Dec. 2023 was ₩ -412 Mil. DB HiTek Co's Interest Coverage for the quarter that ended in Dec. 2023 was 102.51. 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.

DB HiTek Co Interest Expense Historical Data

The historical data trend for DB HiTek 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.

DB HiTek Co Interest Expense Chart

DB HiTek Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-13,490.31

-6,505.00

-3,281.63

-1,667.00

-1,084.00

DB HiTek Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-937.00	-	-	-	-412.02

DB HiTek 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-412 Mil.

DB HiTek Co (XKRX:000990) 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.

DB HiTek Co's Interest Expense for the three months ended in Dec. 2023 was ₩-412 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₩42,236 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₩74,339 Mil.

DB HiTek Co'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	*	42235.592	/	-412.024
	=	102.51

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. DB HiTek Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

DB HiTek Co (XKRX:000990) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » DB HiTek Co Ltd (XKRX:000990) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

90, Sudo-ro, Gyeonggi-do, Bucheon-si, KOR, 135-523

Website

http://www.dbhitek.co.kr

DB HiTek Co Ltd operates foundry facilities for the semiconductor industry. It primarily builds fab system-large scale integration wafers used in signal processing chips. The company uses wafer processing technology to develop chip solutions for electronic products such as televisions, computers, mobile phones, and automobiles. Dongbu Hitek's facilities add value in the areas of analog, power, embedded flash, display driver integrated circuits and image sensors. Through a network of global sales offices and support centers, the company brings its services to North America, Europe, and Asia.

DB HiTek Co (XKRX:000990) Headlines

No Headlines