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Korea Engineering Consultants (XKRX:023350) Interest Expense : ₩-1,117 Mil (TTM As of Dec. 2024)


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What is Korea Engineering Consultants Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Korea Engineering Consultants's interest expense for the three months ended in Dec. 2024 was ₩ -259 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₩-1,117 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. Korea Engineering Consultants's Operating Income for the three months ended in Dec. 2024 was ₩ 224 Mil. Korea Engineering Consultants's Interest Expense for the three months ended in Dec. 2024 was ₩ -259 Mil. Korea Engineering Consultants's Interest Coverage for the quarter that ended in Dec. 2024 was 0.87. 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.


Korea Engineering Consultants Interest Expense Historical Data

The historical data trend for Korea Engineering Consultants'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.

Korea Engineering Consultants Interest Expense Chart

Korea Engineering Consultants Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,056.75 -804.67 -946.68 -1,316.78 -1,117.26

Korea Engineering Consultants Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -354.58 -353.62 -287.35 -217.49 -258.80

Korea Engineering Consultants 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-1,117 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.


Korea Engineering Consultants  (XKRX:023350) 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.

Korea Engineering Consultants's Interest Expense for the three months ended in Dec. 2024 was ₩-259 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₩224 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₩1,200 Mil.

Korea Engineering Consultants's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*224.051/-258.797
=0.87

* 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.


Korea Engineering Consultants Business Description

Traded in Other Exchanges
N/A
Address
4845, Geumgwang-Dong, Jungwon-Gu, Seongnam, Gyeonggi, KOR, 462-240
Korea Engineering Consultants Corp operates in the engineering and construction industry in South Korea. The business areas of the company are roads, highways, airports, railroads, water supply, bridges, urban planning, construction, and supervision.

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