Hanwha Galleria Co (XKRX:452260) Interest Expense : ₩ Mil (TTM As of Mar. 2024)

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What is Hanwha Galleria Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hanwha Galleria Co's interest expense for the three months ended in Mar. 2024 was ₩ -6,594 Mil. Hanwha Galleria Co does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Mar. 2024.

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. Hanwha Galleria Co's Operating Income for the three months ended in Mar. 2024 was ₩ 7,392 Mil. Hanwha Galleria Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -6,594 Mil. Hanwha Galleria Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.12. 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.

Hanwha Galleria Co Interest Expense Historical Data

The historical data trend for Hanwha Galleria 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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Hanwha Galleria Co Interest Expense Chart

Hanwha Galleria Co Annual Data

Trend

Interest Expense

Hanwha Galleria Co Quarterly Data
	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	-1,929.76	-6,025.27	-6,307.09	-6,501.08	-6,593.65

Hanwha Galleria Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Hanwha Galleria Co (XKRX:452260) 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.

Hanwha Galleria Co's Interest Expense for the three months ended in Mar. 2024 was ₩-6,594 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩7,392 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩301,892 Mil.

Hanwha Galleria 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	*	7392.108	/	-6593.648
	=	1.12

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Hanwha Galleria Co Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Hanwha Galleria Co (XKRX:452260) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hanwha Galleria Co Ltd (XKRX:452260) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

50, 63-ro, Yeongdeungpo-gu, 2nd and 3rd Floors, 63 Hanwha Life Insurance Building Annex, Yeouido-dong, Seoul, KOR

Website

https://www.hanwhagalleria.co.kr

Hanwha Galleria Co Ltd operates as a distribution service company. It currently has approximately five branches: Seoul Luxury Hall, Gwanggyo Branch, Daejeon Time World, Cheonan Center City, and Jinju Branch. It operates luxury department stores. It is providing a variety of trend-setting products and differentiated food culture content.

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