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LX International (XKRX:001120) Interest Expense : ₩-120,034 Mil (TTM As of Mar. 2024)


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What is LX International Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. LX International's interest expense for the three months ended in Mar. 2024 was ₩ -31,205 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-120,034 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. LX International's Operating Income for the three months ended in Mar. 2024 was ₩ 112,131 Mil. LX International's Interest Expense for the three months ended in Mar. 2024 was ₩ -31,205 Mil. LX International's Interest Coverage for the quarter that ended in Mar. 2024 was 3.59. 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.


LX International Interest Expense Historical Data

The historical data trend for LX International'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.

LX International Interest Expense Chart

LX International 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 -49,068.00 -42,753.00 -34,101.00 -59,066.00 -116,192.00

LX International 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 -27,363.00 -28,484.00 -30,568.00 -29,777.00 -31,205.00

LX International 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 ₩-120,034 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.


LX International  (XKRX:001120) 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.

LX International's Interest Expense for the three months ended in Mar. 2024 was ₩-31,205 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩112,131 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩1,925,197 Mil.

LX International'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*112130.662/-31205
=3.59

* 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.


LX International (XKRX:001120) Business Description

Traded in Other Exchanges
N/A
Address
20 Yoido-dong, LG Twin Towers, Youngdungpo-gu, Seoul, KOR, 150-721
LX International Corp is a Korean-based company predominantly engaged in the import and export of goods, and other business activities. The Company operates its business through three segments: Industrials/Solutions, Logistics, and Energy/Palm segment. The industrial material/Solutions segment engages in IT, chemicals, metal material, project, IT, platform, and others. The logistics segment engages in shipping, air transport, land transport, international courier, customs, warehousing, distribution consulting, and others. The Energy/Palm segment engages in the development and sales of coal, the development of metals, Agro & Food, Indonesia palm activities. It operates in Korea, the Americas, Europe, Asia, and Others. The majority of its revenues are derived from Korea and the Asian region.

LX International (XKRX:001120) Headlines

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