Lotte Chemical (XKRX:011170) Interest Expense : ₩-407,694 Mil (TTM As of Mar. 2024)

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What is Lotte Chemical Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lotte Chemical's interest expense for the three months ended in Mar. 2024 was ₩ -103,781 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-407,694 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. Lotte Chemical's Operating Income for the three months ended in Mar. 2024 was ₩ -135,280 Mil. Lotte Chemical's Interest Expense for the three months ended in Mar. 2024 was ₩ -103,781 Mil. Lotte Chemical 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.

Lotte Chemical Interest Expense Historical Data

The historical data trend for Lotte Chemical'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.

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Lotte Chemical Interest Expense Chart

Lotte Chemical Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-113,221.90

-107,677.00

-85,170.53

-149,890.26

-378,887.65

Lotte Chemical 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															-75,355.56	-92,645.37	-98,428.08	-112,838.95	-103,781.11

Lotte Chemical 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 ₩-407,694 Mil.

Lotte Chemical (XKRX:011170) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Lotte Chemical's Interest Expense for the three months ended in Mar. 2024 was ₩-103,781 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩-135,280 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩5,409,562 Mil.

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

Lotte Chemical did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Lotte Chemical (XKRX:011170) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lotte Chemical Corp (XKRX:011170) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

300 Olympic-ro, 14th Floor-16th Floor, Lotte World Tower, Songpa-gu, Seoul, KOR

Website

http://www.lottechem.com

Lotte Chemical Corp is one of the largest chemical companies in Asia. It manufactures a variety of chemicals which include polyethylene, polypropylene, functional resin, ethylene oxide/ethylene glycol, butadiene, benzene, and Toluene. Its products are used in various industry applications such as coating materials, automotive parts, and detergent.

Lotte Chemical (XKRX:011170) Headlines

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