GURUFOCUS.COM » STOCK LIST » Technology » Hardware » InnoWireless Co Ltd (XKRX:073490) » Definitions » Interest Expense

InnoWireless Co (XKRX:073490) Interest Expense : ₩-417 Mil (TTM As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is InnoWireless Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. InnoWireless Co's interest expense for the three months ended in Mar. 2024 was ₩ -316 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-417 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. InnoWireless Co's Operating Income for the three months ended in Mar. 2024 was ₩ -5,020 Mil. InnoWireless Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -316 Mil. InnoWireless Co did not have earnings to cover the interest expense. 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.


InnoWireless Co Interest Expense Historical Data

The historical data trend for InnoWireless 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.

InnoWireless Co Interest Expense Chart

InnoWireless Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,239.94 -204.68 -38.96 -96.40 -134.40

InnoWireless 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 -34.06 -34.60 -33.41 -32.33 -316.40

InnoWireless 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 ₩-417 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.


InnoWireless Co  (XKRX:073490) 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.

InnoWireless Co's Interest Expense for the three months ended in Mar. 2024 was ₩-316 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩-5,020 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩1,103 Mil.

InnoWireless Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

InnoWireless Co did not have earnings to cover the interest expense.

* 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.


InnoWireless Co (XKRX:073490) Business Description

Traded in Other Exchanges
N/A
Address
1-201/301, Pangyo Seven Venture Valley 2-danji, 633 Sampyeong-dong, Bundang-gu, Seongnam-si, Gyeonggi, KOR, 463-400
InnoWireless Co Ltd is a South Korean company operates as a communication equipment manufacturer. The products of the company include broadcasting and wireless communication apparatus and also provides solutions like optimization solutions, test and measurement, big data solution, and small cell test solution.

InnoWireless Co (XKRX:073490) Headlines

No Headlines