Ajusteel Co (XKRX:139990) Interest Expense : ₩-28,673 Mil (TTM As of Mar. 2024)

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What is Ajusteel Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ajusteel Co's interest expense for the three months ended in Mar. 2024 was ₩ -7,217 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-28,673 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. Ajusteel Co's Operating Income for the three months ended in Mar. 2024 was ₩ 2,335 Mil. Ajusteel Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -7,217 Mil. Ajusteel Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.32. 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.

Ajusteel Co Interest Expense Historical Data

The historical data trend for Ajusteel 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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Ajusteel Co Interest Expense Chart

Ajusteel Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-7,359.11

-6,319.81

-4,721.70

-10,403.48

-25,724.56

Ajusteel Co Quarterly Data
	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial											-4,269.26	-6,832.45	-6,841.25	-7,781.60	-7,217.47

Ajusteel 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-28,673 Mil.

Ajusteel Co (XKRX:139990) 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.

Ajusteel Co's Interest Expense for the three months ended in Mar. 2024 was ₩-7,217 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩2,335 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩262,160 Mil.

Ajusteel Co'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	*	2335.031	/	-7217.47
	=	0.32

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

Ajusteel Co (XKRX:139990) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ajusteel Co Ltd (XKRX:139990) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

321, 4-gongdan-ro, Gumi, Gyeongsangbuk-do, KOR

Website

http://www.ajusteel.com

Ajusteel Co Ltd is a steel company in Korea. It owns the full spectrum of manufacturing methods for designing steel surfaces. Its products include Texteel, SUSlike, Silk, pMCCL, Atex among others.

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