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Vitzrosys Co (XKRX:054220) Interest Expense : ₩-2,031 Mil (TTM As of Mar. 2024)


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What is Vitzrosys Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vitzrosys Co's interest expense for the three months ended in Mar. 2024 was ₩ -476 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-2,031 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. Vitzrosys Co's Operating Income for the three months ended in Mar. 2024 was ₩ 1,649 Mil. Vitzrosys Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -476 Mil. Vitzrosys Co's Interest Coverage for the quarter that ended in Mar. 2024 was 3.47. 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.


Vitzrosys Co Interest Expense Historical Data

The historical data trend for Vitzrosys 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.

Vitzrosys Co Interest Expense Chart

Vitzrosys Co Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,894.74 -3,723.42 -572.08 -127.37 -262.83

Vitzrosys Co 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 -377.74 -363.82 -345.36 -846.20 -475.84

Vitzrosys 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-2,031 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.


Vitzrosys Co  (XKRX:054220) 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.

Vitzrosys Co's Interest Expense for the three months ended in Mar. 2024 was ₩-476 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩1,649 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩0 Mil.

Vitzrosys Co'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*1649.161/-475.84
=3.47

* 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.


Vitzrosys Co (XKRX:054220) Business Description

Traded in Other Exchanges
N/A
Address
233-3 Seongsu 2-ga, Vitzro building, Seongdong-gu, Seoul, KOR, 133-826
Vitzrosys Co Ltd is a Korea based company engaged in business fields of IT Convergence and integration business, U-City business, New and renewable energy business, System integration business, High value-added service and Overseas business. The IT Convergence and integration business cover electrical smart grid business which digitalizes the electricity transmission system and eco-friendly energy business. The U-City business offers city construction through grafting info-communications infra and ubiquitous technology to space planning. Through New and renewable energy business, the company promotes renewable energy businesses such as low-carbon green environment, nuclear power plants, waste and bio-energy, solar energy, and new and renewable energy business.

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