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Poongwon Precision Co (XKRX:371950) Interest Expense : ₩-6,474 Mil (TTM As of Mar. 2024)


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What is Poongwon Precision Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Poongwon Precision Co's interest expense for the three months ended in Mar. 2024 was ₩ -2,149 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-6,474 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. Poongwon Precision Co's Operating Income for the three months ended in Mar. 2024 was ₩ -3,607 Mil. Poongwon Precision Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -2,149 Mil. Poongwon Precision Co did not have earnings to cover the interest expense. 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.


Poongwon Precision Co Interest Expense Historical Data

The historical data trend for Poongwon Precision 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.

Poongwon Precision Co Interest Expense Chart

Poongwon Precision Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -648.39 -727.85 -938.86 -2,462.25 -5,257.83

Poongwon Precision Co Quarterly Data
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 -932.70 -1,170.17 -1,397.91 -1,757.05 -2,148.80

Poongwon Precision 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 ₩-6,474 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.


Poongwon Precision Co  (XKRX:371950) 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.

Poongwon Precision Co's Interest Expense for the three months ended in Mar. 2024 was ₩-2,149 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩-3,607 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩14,003 Mil.

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

Poongwon Precision Co did not have earnings to cover the interest expense.

* 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.


Poongwon Precision Co (XKRX:371950) Business Description

Traded in Other Exchanges
N/A
Address
24, Sandan-ro 35 Beon-gil, Danwon-gu, Gyeonggi-do, Ansan-si, KOR
Poongwon Precision Co Ltd is a display part manufacturer that produces and supplies key materials of the display manufacturing process. Its main products include OMM (Open Metal Mask), which is a vacuum deposition part of OLED display, FFM (Fine Metal Mask), SBM (Stick Bar Mask), and Metal Foil that is used in encapsulation of OLED TV.

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