ME2ON Co (XKRX:201490) Interest Expense : ₩-650 Mil (TTM As of Mar. 2024)

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What is ME2ON Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. ME2ON Co's interest expense for the three months ended in Mar. 2024 was ₩ 0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-650 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. ME2ON Co's Operating Income for the three months ended in Mar. 2024 was ₩ 13,246 Mil. ME2ON Co's Interest Expense for the three months ended in Mar. 2024 was ₩ 0 Mil. ME2ON Co has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

ME2ON Co Interest Expense Historical Data

The historical data trend for ME2ON 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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ME2ON Co Interest Expense Chart

ME2ON Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-2,271.44

-2,523.36

-2,474.43

-2,383.09

-814.06

ME2ON 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															-164.36	-158.71	-316.53	-174.46	-

ME2ON 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 ₩-650 Mil.

ME2ON Co (XKRX:201490) 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.

ME2ON Co's Interest Expense for the three months ended in Mar. 2024 was ₩0 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩13,246 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩0 Mil.

ME2ON Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

ME2ON Co had no long-term debt ⁽¹⁾.

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

ME2ON Co (XKRX:201490) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » ME2ON Co Ltd (XKRX:201490) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

6F The Pinnacle Gangnam, 343, Hakdong-ro, Gangnam-gu, Seoul, KOR, 06060

Website

http://www.me2on.com

ME2ON Co Ltd is a social casino game developer. It offers an integrated online social poker game platform, fulpot poker, and an integrated mobile social casino game platform, full house casino.

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