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Wing Yip Food Holdings Group (XKRX:900340) Interest Expense : ₩-1,451 Mil (TTM As of Sep. 2024)


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What is Wing Yip Food Holdings Group Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Wing Yip Food Holdings Group's interest expense for the three months ended in Sep. 2024 was ₩ -350 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₩-1,451 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. Wing Yip Food Holdings Group's Operating Income for the three months ended in Sep. 2024 was ₩ 3,472 Mil. Wing Yip Food Holdings Group's Interest Expense for the three months ended in Sep. 2024 was ₩ -350 Mil. Wing Yip Food Holdings Group's Interest Coverage for the quarter that ended in Sep. 2024 was 9.93. 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.

Wing Yip Food Holdings Group Interest Expense Historical Data

The historical data trend for Wing Yip Food Holdings Group'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.

Wing Yip Food Holdings Group Interest Expense Chart

Wing Yip Food Holdings Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -328.41 -546.95 -120.98 -107.66 -1,298.37

Wing Yip Food Holdings Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -357.31 -366.39 -363.53 -371.39 -349.73

Wing Yip Food Holdings Group 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 ₩-1,451 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.

Wing Yip Food Holdings Group  (XKRX:900340) 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.

Wing Yip Food Holdings Group's Interest Expense for the three months ended in Sep. 2024 was ₩-350 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₩3,472 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₩20,944 Mil.

Wing Yip Food Holdings Group's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2024 )/Interest Expense (Q: Sep. 2024 )
=-1*3471.964/-349.733
=9.93

* 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.

Wing Yip Food Holdings Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wing Yip Food Holdings Group Ltd (XKRX:900340) » Definitions » Interest Expense
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Traded in Other Exchanges
WYHG:USA
Address
No. 9, Guanxian North Road, Yushan Village, Huangbu Town, Guangdong Province, Zhongshan, CHN
Website
http://www.wingyip-food.com
Wing Yip Food Holdings Group Ltd is a meat producer. The company is mainly engaged in offering ready to eat and packaged meat dishes. Its product offerings include supreme crispy sausage, fully thin sausage, Chinese sausage, Dongguan Erba sausage, yellow scorpion sausage, alcohol sausage, and meat chop.

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