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Asia Pacific No.3 Ship Investment Co (XKRX:081200) Interest Expense : ₩0.0 Mil (TTM As of Sep. 2014)


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What is Asia Pacific No.3 Ship Investment Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Asia Pacific No.3 Ship Investment Co's interest expense for the three months ended in Sep. 2014 was ₩ 0.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2014 was ₩0.0 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. Asia Pacific No.3 Ship Investment Co's Operating Income for the three months ended in Sep. 2014 was ₩ 137.4 Mil. Asia Pacific No.3 Ship Investment Co's Interest Expense for the three months ended in Sep. 2014 was ₩ 0.0 Mil. Asia Pacific No.3 Ship Investment Co has no long-term debt (1). 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Asia Pacific No.3 Ship Investment Co Interest Expense Historical Data

The historical data trend for Asia Pacific No.3 Ship Investment 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.

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Asia Pacific No.3 Ship Investment Co Interest Expense Chart

Asia Pacific No.3 Ship Investment Co Annual Data
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Asia Pacific No.3 Ship Investment Co Quarterly Data
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Asia Pacific No.3 Ship Investment 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 Sep. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩0.0 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.


Asia Pacific No.3 Ship Investment Co  (XKRX:081200) 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.

Asia Pacific No.3 Ship Investment Co's Interest Expense for the three months ended in Sep. 2014 was ₩0.0 Mil. Its Operating Income for the three months ended in Sep. 2014 was ₩137.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2014 was ₩0.0 Mil.

Asia Pacific No.3 Ship Investment Co's Interest Coverage for the quarter that ended in Sep. 2014 is calculated as

Asia Pacific No.3 Ship Investment Co had no long-term debt (1).

* 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.

Good Sign:

Asia Pacific No.3 Ship Investment Co Ltd has no debt.


Asia Pacific No.3 Ship Investment Co (XKRX:081200) Business Description

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Asia Pacific No.3 Ship Investment Co Ltd is a ship-fund managing company. The fund activities are acquisition of ship, operation and investment of ship, equity and debt financing of ship and ship management.

Asia Pacific No.3 Ship Investment Co (XKRX:081200) Headlines

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