Tapex (XKRX:055490) Interest Expense : ₩-524 Mil (TTM As of Sep. 2024)

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What is Tapex Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tapex's interest expense for the three months ended in Sep. 2024 was ₩ -126 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₩-524 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. Tapex's Operating Income for the three months ended in Sep. 2024 was ₩ 726 Mil. Tapex's Interest Expense for the three months ended in Sep. 2024 was ₩ -126 Mil. Tapex's Interest Coverage for the quarter that ended in Sep. 2024 was 5.77. 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.

Tapex Interest Expense Historical Data

The historical data trend for Tapex'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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Tapex Interest Expense Chart

Tapex Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-1,171.85

-498.01

-342.23

-379.34

-457.25

Tapex Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-117.89	-108.45	-142.90	-146.84	-125.95

Tapex 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-524 Mil.

Tapex (XKRX:055490) 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.

Tapex's Interest Expense for the three months ended in Sep. 2024 was ₩-126 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₩726 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₩4,263 Mil.

Tapex's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Sep. 2024 )	/	Interest Expense (Q: Sep. 2024 )
	=	-1	*	726.42	/	-125.945
	=	5.77

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

Tapex Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tapex Inc (XKRX:055490) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

195-7 Sachang-ri, Yanggam-myeon, Hyeonggi-do, Hwaseong-si, KOR

Website

http://www.tapex.co.kr

Tapex Inc operates in adhesive tape industry. The company is engaged in the manufacturing and distribution of adhesive tapes which are used in the packing, home/office, electric/electronic and semiconductor fields. Its product offerings include cell winding tape, electronic insulation tape, PVC electric insulation tape, easy peel tape, and general kraft adhesive tape.

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