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Kolon Industries (XKRX:120110) Interest Expense : ₩-107,477 Mil (TTM As of Mar. 2024)


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What is Kolon Industries Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kolon Industries's interest expense for the three months ended in Mar. 2024 was ₩ -26,578 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-107,477 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. Kolon Industries's Operating Income for the three months ended in Mar. 2024 was ₩ 30,647 Mil. Kolon Industries's Interest Expense for the three months ended in Mar. 2024 was ₩ -26,578 Mil. Kolon Industries's Interest Coverage for the quarter that ended in Mar. 2024 was 1.15. 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.

Kolon Industries Interest Expense Historical Data

The historical data trend for Kolon Industries'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.

Kolon Industries Interest Expense Chart

Kolon Industries 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 -77,855.88 -56,387.29 -43,256.85 -69,905.63 -108,357.97

Kolon Industries 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 -27,402.47 -27,836.12 -27,669.21 -25,392.97 -26,578.34

Kolon Industries 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 ₩-107,477 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.

Kolon Industries  (XKRX:120110) 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.

Kolon Industries's Interest Expense for the three months ended in Mar. 2024 was ₩-26,578 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩30,647 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩656,609 Mil.

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

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*30646.991/-26578.338
=1.15

* 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.

Kolon Industries (XKRX:120110) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kolon Industries Inc (XKRX:120110) » Definitions » Interest Expense
Comparable Companies
XKRX:005420 XKRX:004000 XKRX:278280 XKRX:006650 XKRX:093370 XKRX:005290 XKRX:014680 XKRX:069260 XKRX:002840 XKRX:036830 SAU:2010 TSE:4063 XTER:BAS DOW XKRX:051910 SZSE:002493 SHSE:600989 XKRX:086520 CE XKLS:5183
Traded in Other Exchanges
120115:Korea
Address
Kolon Tower 1-23, Byeoryang-Dong, Gyeonggi do, Gwacheon-si, KOR, 427-709
Website
http://www.kolonindustries.com
Kolon Industries Inc is a Korean manufacturing company. It manufactures chemical Fibers and textiles. The company focuses on four business divisions namely, Industrial Materials, Chemicals, Films/electronic materials, and Fashion. Industrial materials where the company produces automotive and advance materials. The Chemicals segment is made for industrial and residential purposes. The division of films/electronic materials is used in displays and solar devices, and the division of fashion is where the company makes clothing.

Kolon Industries (XKRX:120110) Headlines

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