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Shinil Electronics (XKRX:002700) Interest Expense : ₩-1,820 Mil (TTM As of Mar. 2024)


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What is Shinil Electronics Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shinil Electronics's interest expense for the three months ended in Mar. 2024 was ₩ -239 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-1,820 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. Shinil Electronics's Operating Income for the three months ended in Mar. 2024 was ₩ -580 Mil. Shinil Electronics's Interest Expense for the three months ended in Mar. 2024 was ₩ -239 Mil. Shinil Electronics did not have earnings to cover the interest expense. 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.


Shinil Electronics Interest Expense Historical Data

The historical data trend for Shinil Electronics'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.

Shinil Electronics Interest Expense Chart

Shinil Electronics 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 -278.38 -217.32 -148.18 -1,080.33 -1,908.29

Shinil Electronics 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 -327.58 -402.50 -543.71 -634.50 -239.45

Shinil Electronics 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 ₩-1,820 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.


Shinil Electronics  (XKRX:002700) 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.

Shinil Electronics's Interest Expense for the three months ended in Mar. 2024 was ₩-239 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩-580 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩4,591 Mil.

Shinil Electronics's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Shinil Electronics did not have earnings to cover the interest expense.

* 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.


Shinil Electronics (XKRX:002700) Business Description

Traded in Other Exchanges
N/A
Address
308, Yeongok-gil, Ipjang-myeon, Seobuk-gu, Cheonan-si, Chungcheong-do, Cheonan-si, KOR
Shinil Electronics, formerly Shinil Industrial Co Ltd is a South Korea based company engages in the manufacturing of household electronic appliances. It manufactures electric fan, heaters, rice cooker, iron, and vacuum cleaner.

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