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DB Insurance Co (XKRX:005830) Interest Expense : ₩-399,727 Mil (TTM As of Mar. 2024)


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What is DB Insurance Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. DB Insurance Co's interest expense for the three months ended in Mar. 2024 was ₩ -111,888 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-399,727 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. DB Insurance Co's Operating Income for the three months ended in Mar. 2024 was ₩ 874,823 Mil. DB Insurance Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -111,888 Mil. DB Insurance Co's Interest Coverage for the quarter that ended in Mar. 2024 was 7.82. 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.

DB Insurance Co Interest Expense Historical Data

The historical data trend for DB Insurance 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.

DB Insurance Co Interest Expense Chart

DB Insurance 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 -47,895.29 -55,109.77 -79,061.78 -230,690.29 -381,226.05

DB Insurance 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 -93,388.01 -92,032.43 -98,898.82 -96,906.80 -111,888.46

DB Insurance 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 ₩-399,727 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.

DB Insurance Co  (XKRX:005830) 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.

DB Insurance Co's Interest Expense for the three months ended in Mar. 2024 was ₩-111,888 Mil. Its EBIT for the three months ended in Mar. 2024 was ₩874,823 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩1,267,276 Mil.

DB Insurance Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* EBIT (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*874823.304/-111888.461
=7.82

* 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.

DB Insurance Co (XKRX:005830) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » DB Insurance Co Ltd (XKRX:005830) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
BD Financial Center, 432, Teheran-Ro, Gangnam-Gu, Seoul, KOR, 135523
Website
https://www.idbins.com
DB Insurance Co Ltd is a global insurance and financial company that generates revenue by writing insurance premiums. The company's three separate business lines include auto, long term, and commercial. The long-term segment aims to cover injury, death, and property. The auto segment aims to cover personal accidents and physical life. The commercial segment aims to cover a wide variety of areas, including fire insurance, marine insurance, and casualty insurance. The vast majority of Dongbu's revenue is derived from its long-term segment, followed by auto.

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