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Manho Rope & Wire (XKRX:001080) Interest Expense : ₩-26 Mil (TTM As of Jun. 2024)


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What is Manho Rope & Wire Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Manho Rope & Wire's interest expense for the three months ended in Jun. 2024 was ₩ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₩-26 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. Manho Rope & Wire's Operating Income for the three months ended in Jun. 2024 was ₩ 3,134 Mil. Manho Rope & Wire's Interest Expense for the three months ended in Jun. 2024 was ₩ -7 Mil. Manho Rope & Wire's Interest Coverage for the quarter that ended in Jun. 2024 was 440.56. 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.


Manho Rope & Wire Interest Expense Historical Data

The historical data trend for Manho Rope & Wire'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.

Manho Rope & Wire Interest Expense Chart

Manho Rope & Wire Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.30 -14.54 -18.73 -24.50 -25.93

Manho Rope & Wire 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 -5.84 -6.74 -5.58 -6.50 -7.11

Manho Rope & Wire 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 ₩-26 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.


Manho Rope & Wire  (XKRX:001080) 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.

Manho Rope & Wire's Interest Expense for the three months ended in Jun. 2024 was ₩-7 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₩3,134 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₩44 Mil.

Manho Rope & Wire'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*3133.706/-7.113
=440.56

* 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.


Manho Rope & Wire Business Description

Traded in Other Exchanges
N/A
Address
85-2, 4 Street Joongang-Dong, Joong-ku, Busan, KOR, 618-270
Manho Rope & Wire Ltd is a Korea-based company engaged in the manufacturing of ropes. Its products include fiber ropes, wire ropes, stainless wires, stainless cables, hard drawn steel wires, piano wires, pre-stressed concrete (PC) wires, PC strands, elevator ropes, galvanized steel wires for aluminum stranded conductors steel reinforced (ACSR) and others, which are used in shipbuilding, mining, elevator, spring manufacturing, bridge construction and other industries.

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