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Neontech Co (XKRX:306620) Interest Expense : ₩-3,938 Mil (TTM As of Jun. 2024)


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What is Neontech Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Neontech Co's interest expense for the three months ended in Jun. 2024 was ₩ -980 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₩-3,938 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. Neontech Co's Operating Income for the three months ended in Jun. 2024 was ₩ 1,059 Mil. Neontech Co's Interest Expense for the three months ended in Jun. 2024 was ₩ -980 Mil. Neontech Co's Interest Coverage for the quarter that ended in Jun. 2024 was 1.08. 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.


Neontech Co Interest Expense Historical Data

The historical data trend for Neontech 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.

Neontech Co Interest Expense Chart

Neontech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -754.67 -1,682.47 -1,658.47 -1,086.56 -2,942.41

Neontech 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 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 -670.82 -1,055.20 -906.83 -995.74 -980.20

Neontech 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 ₩-3,938 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.


Neontech Co  (XKRX:306620) 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.

Neontech Co's Interest Expense for the three months ended in Jun. 2024 was ₩-980 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₩1,059 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₩10,142 Mil.

Neontech 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*1059.134/-980.199
=1.08

* 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.


Neontech Co Business Description

Traded in Other Exchanges
N/A
Address
Gyeonggi Province Anyang Dongan rim 146, Gwanyang-dong, Neon Tech Building, Seoul, KOR, 14055
Neontech Co Ltd is a manufacturer of automation equipment, singulator for PCB / Semiconductor based on the accumulated high precision processing technology.

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