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Nice Information & Telecommunication (XKRX:036800) Interest Expense : ₩-1,012 Mil (TTM As of Mar. 2024)


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What is Nice Information & Telecommunication Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nice Information & Telecommunication's interest expense for the three months ended in Mar. 2024 was ₩ -282 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-1,012 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 Information & Telecommunication's Operating Income for the three months ended in Mar. 2024 was ₩ 8,106 Mil. Nice Information & Telecommunication's Interest Expense for the three months ended in Mar. 2024 was ₩ -282 Mil. Nice Information & Telecommunication's Interest Coverage for the quarter that ended in Mar. 2024 was 28.77. 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 Information & Telecommunication Interest Expense Historical Data

The historical data trend for Nice Information & Telecommunication'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 Information & Telecommunication Interest Expense Chart

Nice Information & Telecommunication 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 -110.53 -83.28 -57.97 -751.62 -966.69

Nice Information & Telecommunication 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 -236.51 -226.38 -225.28 -278.52 -281.78

Nice Information & Telecommunication 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 ₩-1,012 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 Information & Telecommunication  (XKRX:036800) 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 Information & Telecommunication's Interest Expense for the three months ended in Mar. 2024 was ₩-282 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩8,106 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩4,409 Mil.

Nice Information & Telecommunication'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*8105.785/-281.781
=28.77

* 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 Information & Telecommunication (XKRX:036800) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Nice Information & Telecommunication Inc (XKRX:036800) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Credit Center Building 686, Mapo-gu, Mapo-gu, Seoul, KOR, 121-709
Website
http://www.nicevan.co.kr
Nice Information & Telecommunication Inc is involved in the business of financial payment infrastructure. It has divided its business into Van service, PG service, Gift card service and Mobile service segments. The firm's primary services include Approval service, Purchase service, Payat and a Common module for App card etc.

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