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Noroo Paintatings Co (XKRX:090350) Interest Expense : ₩-2,516 Mil (TTM As of Dec. 2024)


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What is Noroo Paintatings Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Noroo Paintatings Co's interest expense for the three months ended in Dec. 2024 was ₩ -529 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₩-2,516 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. Noroo Paintatings Co's Operating Income for the three months ended in Dec. 2024 was ₩ 2,451 Mil. Noroo Paintatings Co's Interest Expense for the three months ended in Dec. 2024 was ₩ -529 Mil. Noroo Paintatings Co's Interest Coverage for the quarter that ended in Dec. 2024 was 4.63. 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.

Noroo Paintatings Co Interest Expense Historical Data

The historical data trend for Noroo Paintatings 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.

Noroo Paintatings Co Interest Expense Chart

Noroo Paintatings 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 -4,046.71 -3,573.77 -3,679.67 -3,462.13 -2,515.30

Noroo Paintatings 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 -821.82 -711.90 -640.61 -634.04 -529.24

Noroo Paintatings 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 ₩-2,516 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.

Noroo Paintatings Co  (XKRX:090350) 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.

Noroo Paintatings Co's Interest Expense for the three months ended in Dec. 2024 was ₩-529 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₩2,451 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₩505 Mil.

Noroo Paintatings Co's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*2451.174/-529.238
=4.63

* 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.

Noroo Paintatings Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Noroo Paint & Coatings Co Ltd (XKRX:090350) » Definitions » Interest Expense
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Traded in Other Exchanges
090355:Korea
Address
615, Bakdal-Dong, Manan-Gu, Anyang, Gyeonggi, KOR, 430-030
Website
http://www.noroopaint.com
Noroo Paint & Coatings Co Ltd develops, manufactures, and sells paints in South Korea. It provides various architectural coatings, including eco-friendly, heavy duty, floor, and waterproof coatings; industrial coatings, such as surface treatment coatings, insulation varnish products, and industrial paints; automotive refinishes; and protective coatings, as well as home-appliance and PCM coatings, and resin products.

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