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Innospace Co (XKRX:462350) Interest Expense : ₩-164.2 Mil (TTM As of Sep. 2024)


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What is Innospace Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Innospace Co's interest expense for the three months ended in Sep. 2024 was ₩ -61.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₩-164.2 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. Innospace Co's Operating Income for the three months ended in Sep. 2024 was ₩ -7,334.6 Mil. Innospace Co's Interest Expense for the three months ended in Sep. 2024 was ₩ -61.3 Mil. Innospace 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.

Innospace Co Interest Expense Historical Data

The historical data trend for Innospace 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.

Innospace Co Interest Expense Chart

Innospace Co Annual Data
Trend Dec22 Dec23
Interest Expense
-88.23 -109.42

Innospace Co Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.68 -27.98 -35.17 -39.76 -61.27

Innospace 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-164.2 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.

Innospace Co  (XKRX:462350) 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.

Innospace Co's Interest Expense for the three months ended in Sep. 2024 was ₩-61.3 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₩-7,334.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₩636.0 Mil.

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

Innospace 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.

Innospace Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Innospace Co Ltd (XKRX:462350) » Definitions » Interest Expense
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Address
A-412, Sejong Business Center, 232, Gareum-ro, Sejong-si, KOR, 30121
Website
https://www.innospc.com
Innospace Co Ltd is as aerospace, defense manufacturing, and engineering service-providing company. The company is developing hybrid rocket-powered smallsat launchers to provide LOW-COST, LOW-LATENCY, eco-friendly, and reliable launch services in the smallsat market.

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