Total Soft Bank (XKRX:045340) Interest Expense : ₩-32 Mil (TTM As of Mar. 2024)

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What is Total Soft Bank Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Total Soft Bank's interest expense for the three months ended in Mar. 2024 was ₩ -7 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-32 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. Total Soft Bank's Operating Income for the three months ended in Mar. 2024 was ₩ 322 Mil. Total Soft Bank's Interest Expense for the three months ended in Mar. 2024 was ₩ -7 Mil. Total Soft Bank's Interest Coverage for the quarter that ended in Mar. 2024 was 43.83. 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.

Total Soft Bank Interest Expense Historical Data

The historical data trend for Total Soft Bank'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.

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Total Soft Bank Interest Expense Chart

Total Soft Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-95.28

-45.03

-24.57

-31.10

-33.69

Total Soft Bank 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															-9.45	-8.08	-8.35	-7.82	-7.35

Total Soft Bank 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 ₩-32 Mil.

Total Soft Bank (XKRX:045340) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Total Soft Bank's Interest Expense for the three months ended in Mar. 2024 was ₩-7 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩322 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩32 Mil.

Total Soft Bank'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	*	322.298	/	-7.353
	=	43.83

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Total Soft Bank Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Total Soft Bank (XKRX:045340) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Total Soft Bank Ltd (XKRX:045340) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

79-9 Jungang-dong 4-ga, 20F Hanjin Shipping Building, Jung-gu, Busan, KOR, 600-014

Website

http://www.tsb.co.kr

Total Soft Bank Ltd develops solutions for the shipping industry, including ship automation, port and port community solutions. The company contributed to the increasing productivity of about 70 different container-terminals worldwide.

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