Iljin Power Co (XKRX:094820) Interest Expense : ₩-42 Mil (TTM As of Jun. 2024)

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What is Iljin Power Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Iljin Power Co's interest expense for the three months ended in Jun. 2024 was ₩ -12 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₩-42 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. Iljin Power Co's Operating Income for the three months ended in Jun. 2024 was ₩ 4,926 Mil. Iljin Power Co's Interest Expense for the three months ended in Jun. 2024 was ₩ -12 Mil. Iljin Power Co's Interest Coverage for the quarter that ended in Jun. 2024 was 425.06. 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.

Iljin Power Co Interest Expense Historical Data

The historical data trend for Iljin Power 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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Iljin Power Co Interest Expense Chart

Iljin Power Co Annual Data

Trend

Dec14

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Dec19

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Dec23

Interest Expense

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-66.01

-28.64

-28.35

-37.29

-41.10

Iljin Power Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Interest Expense	Get a 7-Day Free Trial															-10.81	-11.00	-9.71	-9.88	-11.59

Iljin Power 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-42 Mil.

Iljin Power Co (XKRX:094820) 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.

Iljin Power Co's Interest Expense for the three months ended in Jun. 2024 was ₩-12 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₩4,926 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₩267 Mil.

Iljin Power Co's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2024 )	/	Interest Expense (Q: Jun. 2024 )
	=	-1	*	4925.591	/	-11.588
	=	425.06

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Iljin Power Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

Iljin Power Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Iljin Power Co Ltd (XKRX:094820) » Definitions » Interest Expense

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Address

412-7 HwaSan-Ri, OnSan-Eup UlJu-Gun, Ulsan, KOR, 689-896

Website

http://www.ijeng.com

ILJIN POWER CO LTD is a South Korea based company involved in manufacturing nuclear and renewable energy equipment. It also engages in the routine maintenance of power plants.

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