Fursys (XKRX:016800) Interest Expense : ₩-323 Mil (TTM As of Jun. 2024)

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What is Fursys Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Fursys's interest expense for the three months ended in Jun. 2024 was ₩ -76 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₩-323 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. Fursys's Operating Income for the three months ended in Jun. 2024 was ₩ 3,382 Mil. Fursys's Interest Expense for the three months ended in Jun. 2024 was ₩ -76 Mil. Fursys's Interest Coverage for the quarter that ended in Jun. 2024 was 44.33. 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.

Fursys Interest Expense Historical Data

The historical data trend for Fursys'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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Fursys Interest Expense Chart

Fursys Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-118.32

-97.57

-59.85

-174.99

-358.62

Fursys Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial															-94.54	-88.09	-83.25	-74.88	-76.29

Fursys 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-323 Mil.

Fursys (XKRX:016800) 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.

Fursys's Interest Expense for the three months ended in Jun. 2024 was ₩-76 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₩3,382 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₩3,400 Mil.

Fursys's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	3381.992	/	-76.289
	=	44.33

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Fursys Inc has enough cash to cover all of its debt. Its financial situation is stable.

Fursys Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Fursys Inc (XKRX:016800) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

311 (Ogeum-dong 45-1), Songpa-popliteal emphasis Buildings, Seoul, KOR, 138-857

Website

http://www.fursys.co.kr

Fursys Inc. is engaged in manufacturing, supply, and distribution of office, home, educational, and hospital furniture. It offers desks and panels, premiere class furniture, conference tables, personal computer (PC) tables, executive chairs, task chairs, multi-purpose chairs, sofa, sofa tables, lobby chairs, lounge chairs, partitions, and others. The company provides its products under the brand name FURSYS. The group exports its products to various markets of China, Taiwan, Singapore, Russia, Panama, Peru, Chile, Guatemala, Bulgaria, Saudi Arabia, and other countries.

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