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Shift Up (XKRX:462870) Interest Expense : ₩-869 Mil (TTM As of Dec. 2024)


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What is Shift Up Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shift Up's interest expense for the three months ended in Dec. 2024 was ₩ -293 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₩-869 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. Shift Up's Operating Income for the three months ended in Dec. 2024 was ₩ 46,157 Mil. Shift Up's Interest Expense for the three months ended in Dec. 2024 was ₩ -293 Mil. Shift Up's Interest Coverage for the quarter that ended in Dec. 2024 was 157.36. 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.


Shift Up Interest Expense Historical Data

The historical data trend for Shift Up'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.

Shift Up Interest Expense Chart

Shift Up Annual Data
Trend Dec22 Dec23 Dec24
Interest Expense
-906.08 -876.96 -1,169.98

Shift Up Quarterly Data
Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial -105.61 -274.54 -282.79 -292.72 -293.33

Shift Up 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 ₩-869 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.


Shift Up  (XKRX:462870) 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.

Shift Up's Interest Expense for the three months ended in Dec. 2024 was ₩-293 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₩46,157 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₩8,308 Mil.

Shift Up'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*46157.168/-293.331
=157.36

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Shift Up Corp has enough cash to cover all of its debt. Its financial situation is stable.


Shift Up Business Description

Traded in Other Exchanges
N/A
Address
55 Seocho-daero 77-gil, 2th, 13th, 14th, 15th floors, Seocho-gu, Seoul, KOR
Shift Up Corp is a game design and development studio that covers a wide range of areas from game production to promotional videos and music production, based on illustrations and solid planning and programming capabilities.

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