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Studiomick Co (XKRX:415380) Interest Expense : ₩-142 Mil (TTM As of Dec. 2024)


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What is Studiomick Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Studiomick Co's interest expense for the three months ended in Dec. 2024 was ₩ -29 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₩-142 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. Studiomick Co's Operating Income for the three months ended in Dec. 2024 was ₩ 1,162 Mil. Studiomick Co's Interest Expense for the three months ended in Dec. 2024 was ₩ -29 Mil. Studiomick Co's Interest Coverage for the quarter that ended in Dec. 2024 was 40.66. 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.


Studiomick Co Interest Expense Historical Data

The historical data trend for Studiomick 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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Studiomick Co Interest Expense Chart

Studiomick Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
-105.33 -185.06 -61.31 -170.80 -141.56

Studiomick Co Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -37.96 -39.37 -38.45 -35.16 -28.58

Studiomick 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-142 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.


Studiomick Co  (XKRX:415380) 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.

Studiomick Co's Interest Expense for the three months ended in Dec. 2024 was ₩-29 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₩1,162 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₩91 Mil.

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

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*1161.935/-28.577
=40.66

* 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.


Studiomick Co Business Description

Traded in Other Exchanges
N/A
Address
115, Tojeong-ro, Mapo-gu, Seoul, KOR, 04075
Studio Samick Co Ltd is a company who is engaged in a home furnishing online distribution business that supplies various home furnishing products such as beds, mattresses, sofas, wardrobes, and body pillows that plan and design in-house to online channels. In addition, the company manages and supervises the delivery process between manufacturing partners and logistics consignors to establish a just-in-time production and on time delivery system.

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