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NICE Holdings Co (XKRX:034310) Interest Expense : ₩-59,409 Mil (TTM As of Mar. 2024)


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What is NICE Holdings Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. NICE Holdings Co's interest expense for the three months ended in Mar. 2024 was ₩ -15,030 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-59,409 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. NICE Holdings Co's Operating Income for the three months ended in Mar. 2024 was ₩ 25,614 Mil. NICE Holdings Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -15,030 Mil. NICE Holdings Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.70. 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.


NICE Holdings Co Interest Expense Historical Data

The historical data trend for NICE Holdings 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.

NICE Holdings Co Interest Expense Chart

NICE Holdings 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 -18,201.50 -18,837.77 -20,406.34 -34,434.01 -56,322.06

NICE Holdings 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 -11,943.41 -14,013.52 -13,847.67 -16,517.47 -15,029.92

NICE Holdings 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 ₩-59,409 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.


NICE Holdings Co  (XKRX:034310) 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.

NICE Holdings Co's Interest Expense for the three months ended in Mar. 2024 was ₩-15,030 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩25,614 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩147,428 Mil.

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

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*25614.317/-15029.917
=1.70

* 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.


NICE Holdings Co (XKRX:034310) Business Description

Traded in Other Exchanges
N/A
Address
17, Eunhaeng-ro, Yeongdeungpo-Gu, Seoul, KOR
NICE Holdings Co Ltd is engaged in the financial services domain. The Korea-based firm conducts capital market activities including credit rating, corporate information, individual credit information, automatic teller machine (ATM) management, credit card settlement, marketing research, distressed-debt dealing and investment, asset management, as well as real estate rental business.

NICE Holdings Co (XKRX:034310) Headlines

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