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Hyundai Steel Co (XKRX:004020) Interest Expense : ₩-413,994 Mil (TTM As of Dec. 2023)


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What is Hyundai Steel Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hyundai Steel Co's interest expense for the three months ended in Dec. 2023 was ₩ -97,174 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₩-413,994 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. Hyundai Steel Co's Operating Income for the three months ended in Dec. 2023 was ₩ -229,062 Mil. Hyundai Steel Co's Interest Expense for the three months ended in Dec. 2023 was ₩ -97,174 Mil. Hyundai Steel Co 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.


Hyundai Steel Co Interest Expense Historical Data

The historical data trend for Hyundai Steel 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.

Hyundai Steel Co Interest Expense Chart

Hyundai Steel 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 -323,887.01 -329,794.51 -304,023.32 -356,431.37 -413,949.41

Hyundai Steel 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 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 -102,637.70 -106,357.24 -107,384.09 -103,078.84 -97,174.24

Hyundai Steel 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 ₩-413,994 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.


Hyundai Steel Co  (XKRX:004020) 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.

Hyundai Steel Co's Interest Expense for the three months ended in Dec. 2023 was ₩-97,174 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₩-229,062 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₩6,524,773 Mil.

Hyundai Steel Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Hyundai Steel Co 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.


Hyundai Steel Co (XKRX:004020) Business Description

Traded in Other Exchanges
N/A
Address
1 Sohnghyun-Dong Dong-Gu, Incheon, KOR, 401-712
Hyundai Steel Company is a Korea-based company engaged in the manufacture of steel products. The company's products include hot-rolled steel plates, cold-rolled steel plates, medium steel plates, steel tubes, steel bars, H bars, special steel rods and other steel products. The company's products are used in shipbuilding, automotive production, construction, bridges, engineering, home appliances, oil pipes, container manufacturing, machineries and other industries. The company is also engaged in the manufacture of track chain, which is a major part of heavy-duty machineries. The company generates most of its revenue from Korean domestic market and exports its products to overseas market in the meanwhile.

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