GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shin Hwa Contech Co Ltd (XKRX:187270) » Definitions » Interest Expense

Shin Hwa Contech Co (XKRX:187270) Interest Expense : ₩-1,486 Mil (TTM As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Shin Hwa Contech Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shin Hwa Contech Co's interest expense for the three months ended in Mar. 2024 was ₩ -378 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-1,486 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. Shin Hwa Contech Co's Operating Income for the three months ended in Mar. 2024 was ₩ 2,275 Mil. Shin Hwa Contech Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -378 Mil. Shin Hwa Contech Co's Interest Coverage for the quarter that ended in Mar. 2024 was 6.02. 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.


Shin Hwa Contech Co Interest Expense Historical Data

The historical data trend for Shin Hwa Contech 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.

Shin Hwa Contech Co Interest Expense Chart

Shin Hwa Contech Co 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 -893.85 -802.79 -651.86 -1,049.91 -1,550.12

Shin Hwa Contech Co 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 -442.06 -362.10 -363.10 -382.86 -377.98

Shin Hwa Contech 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 ₩-1,486 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.


Shin Hwa Contech Co  (XKRX:187270) 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.

Shin Hwa Contech Co's Interest Expense for the three months ended in Mar. 2024 was ₩-378 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩2,275 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩119 Mil.

Shin Hwa Contech 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*2274.532/-377.98
=6.02

* 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.


Shin Hwa Contech Co (XKRX:187270) Business Description

Traded in Other Exchanges
N/A
Address
4, Okucheondong-ro 44beon-gil, Siheung-si, Gyeonggi-do, KOR
Shin Hwa Contech Co Ltd is engaged in manufacturing and providing micro connectors in South Korea. It produces connectors used for mobile phones, tablet PCs, computers and other home electronic products.

Shin Hwa Contech Co (XKRX:187270) Headlines

No Headlines