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Taewoong Co (XKRX:044490) Interest Expense : ₩-5,472 Mil (TTM As of Dec. 2024)


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What is Taewoong Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Taewoong Co's interest expense for the three months ended in Dec. 2024 was ₩ -1,184 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₩-5,472 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. Taewoong Co's Operating Income for the three months ended in Dec. 2024 was ₩ 5,991 Mil. Taewoong Co's Interest Expense for the three months ended in Dec. 2024 was ₩ -1,184 Mil. Taewoong Co's Interest Coverage for the quarter that ended in Dec. 2024 was 5.06. 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.


Taewoong Co Interest Expense Historical Data

The historical data trend for Taewoong 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.

Taewoong Co Interest Expense Chart

Taewoong Co 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 -5,955.65 -4,391.53 -6,610.63 -8,008.74 -5,472.08

Taewoong Co 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 -1,932.33 -1,544.10 -1,422.51 -1,321.52 -1,183.94

Taewoong 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-5,472 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.


Taewoong Co  (XKRX:044490) 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.

Taewoong Co's Interest Expense for the three months ended in Dec. 2024 was ₩-1,184 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₩5,991 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₩65,000 Mil.

Taewoong Co'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*5990.574/-1183.936
=5.06

* 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.


Taewoong Co Business Description

Traded in Other Exchanges
N/A
Address
67, Noksansandan 27-ro, Gangseo-Gu, Busan, KOR, 618-817
Taewoong Co Ltd is a steel manufacturer in Korea. It is engaged in the manufacturing of forged metal products. The company specializes in the production of large forged parts and rolled rings for projects in the wind energy, chemical and petrochemical, shipbuilding and marine engine and power plant industries. It focuses on providing high-quality forgings of a variety of weight range in all carbon steel, low alloy steel, stainless steel, and aluminum alloy. The company makes all forged products available in the form of forged-only, heat-treated, semi-machined and finish machining.

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