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Powernet Technologies (XKRX:037030) Interest Expense : ₩-5,077 Mil (TTM As of Dec. 2024)


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What is Powernet Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Powernet Technologies's interest expense for the three months ended in Dec. 2024 was ₩ -3,925 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₩-5,077 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. Powernet Technologies's Operating Income for the three months ended in Dec. 2024 was ₩ 2,438 Mil. Powernet Technologies's Interest Expense for the three months ended in Dec. 2024 was ₩ -3,925 Mil. Powernet Technologies's Interest Coverage for the quarter that ended in Dec. 2024 was 0.62. 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.


Powernet Technologies Interest Expense Historical Data

The historical data trend for Powernet Technologies'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.

Powernet Technologies Interest Expense Chart

Powernet Technologies 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 -1,395.70 -1,685.06 -1,917.19 -1,448.61 -4,953.98

Powernet Technologies 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 -419.44 -409.97 -409.89 -332.24 -3,924.81

Powernet Technologies 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 ₩-5,077 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.


Powernet Technologies  (XKRX:037030) 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.

Powernet Technologies's Interest Expense for the three months ended in Dec. 2024 was ₩-3,925 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₩2,438 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₩118,143 Mil.

Powernet Technologies'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*2437.619/-3924.811
=0.62

* 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.


Powernet Technologies Business Description

Traded in Other Exchanges
N/A
Address
70, Dusan-ro, 17th hyundai Knowledge Industry Center, Geumcheon-gu, Seoul, KOR, 153-813
Powernet Technologies Corp engages in developing and manufacturing Switching Mode Power Supply (SMPS), a power supply device. It is used in all electric and electronic products such as industrial use, power generation use and medical use.

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