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Farmsco (XKRX:036580) Interest Expense : ₩-63,976 Mil (TTM As of Sep. 2024)


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What is Farmsco Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Farmsco's interest expense for the three months ended in Sep. 2024 was ₩ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₩-63,976 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. Farmsco's Operating Income for the three months ended in Sep. 2024 was ₩ 19,423 Mil. Farmsco's Interest Expense for the three months ended in Sep. 2024 was ₩ 0 Mil. GuruFocus does not calculate Farmsco's interest coverage with the available data. 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.


Farmsco Interest Expense Historical Data

The historical data trend for Farmsco'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.

Farmsco Interest Expense Chart

Farmsco 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 -18,520.52 -14,098.55 -10,801.00 -29,564.98 -46,350.01

Farmsco Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -29,647.64 - -32,750.46 -31,225.65 -

Farmsco 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-63,976 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.


Farmsco  (XKRX:036580) 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.

Farmsco's Interest Expense for the three months ended in Sep. 2024 was ₩0 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₩19,423 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₩33,166 Mil.

Farmsco's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

GuruFocus does not calculate Farmsco's interest coverage with the available data.

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Farmscos earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.


Farmsco Business Description

Traded in Other Exchanges
N/A
Address
273-4 Gyereuk-Ri, Miyang-Myeon, Anyang, Gyeonggi, KOR, 456-843
Farmsco is engaged in the packaged foods industry. It manufactures and sells assorted feeds for poultry animals. Its products also include processed and fresh meat such as hams and sausages. Farmsco markets its products under brand names such as Pig One, Leader Max and Hypork domestically and in foreign markets.

Farmsco Headlines

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