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Hanwha Life Insurance Co (XKRX:088350) Interest Expense : ₩-494,482 Mil (TTM As of Dec. 2024)


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What is Hanwha Life Insurance Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hanwha Life Insurance Co's interest expense for the three months ended in Dec. 2024 was ₩ -126,476 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₩-494,482 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. Hanwha Life Insurance Co's Operating Income for the three months ended in Dec. 2024 was ₩ 309,421 Mil. Hanwha Life Insurance Co's Interest Expense for the three months ended in Dec. 2024 was ₩ -126,476 Mil. Hanwha Life Insurance Co's Interest Coverage for the quarter that ended in Dec. 2024 was 2.45. 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.


Hanwha Life Insurance Co Interest Expense Historical Data

The historical data trend for Hanwha Life Insurance 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.

Hanwha Life Insurance Co Interest Expense Chart

Hanwha Life Insurance Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,602,017.97 -3,628,042.44 -271,305.68 -473,411.80 -494,481.81

Hanwha Life Insurance Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -131,569.81 -133,235.02 -117,500.73 -117,269.67 -126,476.39

Hanwha Life Insurance 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-494,482 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.


Hanwha Life Insurance Co  (XKRX:088350) 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.

Hanwha Life Insurance Co's Interest Expense for the three months ended in Dec. 2024 was ₩-126,476 Mil. Its EBIT for the three months ended in Dec. 2024 was ₩309,421 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₩13,162,379 Mil.

Hanwha Life Insurance Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* EBIT (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*309420.895/-126476.393
=2.45

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Hanwha Life Insurance Co Ltd interest coverage is 3.37, which is low.


Hanwha Life Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
50, 63-ro, Yeouido-dong, 63 Hanwha Life Building, Yeongdeungpo-gu, Seoul, KOR
Hanwha Life Insurance Co Ltd Provides a range of life and non-life insurance solutions to individuals and corporates in Korea. The company's insurance products consist of life insurance, death insurance, life, and death mixed insurance, group insurance, and others. It is also engaged in the provision of retirement pension and asset management services.

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