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Heung-A Shipping Co (XKRX:003280) Interest Expense : ₩-4,994 Mil (TTM As of Mar. 2024)


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What is Heung-A Shipping Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Heung-A Shipping Co's interest expense for the three months ended in Mar. 2024 was ₩ -1,083 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-4,994 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. Heung-A Shipping Co's Operating Income for the three months ended in Mar. 2024 was ₩ 5,681 Mil. Heung-A Shipping Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -1,083 Mil. Heung-A Shipping Co's Interest Coverage for the quarter that ended in Mar. 2024 was 5.24. 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.

Heung-A Shipping Co Interest Expense Historical Data

The historical data trend for Heung-A Shipping 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.

Heung-A Shipping Co Interest Expense Chart

Heung-A Shipping Co 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 -22,505.54 -5,188.07 -1,776.67 -348.42 -425.13

Heung-A Shipping Co 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 -1,376.16 -1,512.40 -1,298.00 -1,099.99 -1,083.27

Heung-A Shipping 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-4,994 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.

Heung-A Shipping Co  (XKRX:003280) 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.

Heung-A Shipping Co's Interest Expense for the three months ended in Mar. 2024 was ₩-1,083 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩5,681 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩95,295 Mil.

Heung-A Shipping Co'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*5681.165/-1083.272
=5.24

* 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.

Heung-A Shipping Co (XKRX:003280) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Heung-A Shipping Co Ltd (XKRX:003280) » Definitions » Interest Expense
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XKRX:005880 XKRX:075580 XKRX:044450 XKRX:000700 XKRX:003100 XKRX:465770 XKRX:155900 XKRX:045340 BSP:PSVM11 XTER:HLAG OCSE:MAERSK B HKSE:01919 BOM:532921 SHSE:600018 TSE:9101 TSE:9104 SHSE:601018 HKSE:00316 TSE:9107 HKSE:01138
Traded in Other Exchanges
N/A
Address
Heung-A Building 21, Saemal-ro 5-gil, Songpa-gu, Seoul, KOR, 05807
Website
http://www.heung-a.com
Heung-A Shipping Co Ltd is engaged in shipping business. The Company provides container and chemical service and total logistics service by inland trucking, sea/air forwarding. It provides logistics service for more than 35 Japan ports, more than 25 China ports, and most of cities throughout Asia. Through Hong Kong and Singapore sub port, it is providing container service throughout South East Asia and North West Asia.

Heung-A Shipping Co (XKRX:003280) Headlines

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