MagnaChip Semiconductor (MagnaChip Semiconductor) Interest Expense : $-0.8 Mil (TTM As of Mar. 2024)

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What is MagnaChip Semiconductor Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. MagnaChip Semiconductor's interest expense for the three months ended in Mar. 2024 was $ -0.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.8 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. MagnaChip Semiconductor's Operating Income for the three months ended in Mar. 2024 was $ -13.5 Mil. MagnaChip Semiconductor's Interest Expense for the three months ended in Mar. 2024 was $ -0.2 Mil. MagnaChip Semiconductor 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.

MagnaChip Semiconductor Interest Expense Historical Data

The historical data trend for MagnaChip Semiconductor'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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MagnaChip Semiconductor Interest Expense Chart

MagnaChip Semiconductor Annual Data

Trend

Dec14

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Interest Expense

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-22.16

-18.15

-1.37

-1.16

-0.83

MagnaChip Semiconductor Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-0.26	-0.20	-0.19	-0.18	-0.24

MagnaChip Semiconductor 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.8 Mil.

MagnaChip Semiconductor (NYSE:MX) 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.

MagnaChip Semiconductor's Interest Expense for the three months ended in Mar. 2024 was $-0.2 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-13.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $32.5 Mil.

MagnaChip Semiconductor's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

MagnaChip Semiconductor did not have earnings to cover the interest expense.

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

MagnaChip Semiconductor (MagnaChip Semiconductor) Business Description

Industry

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Address

76 Jikji-daero 436beon-gil, Heungdeok-gu, 15th Floor, Chungcheongbuk-do, Cheongju-si, KOR, 28581

Website

http://www.magnachip.com

MagnaChip Semiconductor Corp designs and manufactures analog and mixed-signal semiconductor platform solutions for communications, Internet of Things applications, consumer, industrial and automotive applications. The company's product portfolio consists of large display solutions, mobile display solutions, sensor solutions, LED solutions, mobile solutions, and power conversions. The company operates in two segments namely Transitional Fab 3 foundry services and Standard products business.

Executives

Camillo Martino	director	60 SOUTH MARKET STREET, STE 750, SAN JOSE CA 95113
Young-joon Kim	director, officer: See Remarks	C/O MAGNACHIP SEMICONDUCTOR CORPORATION, 20400 STEVENS CREEK BOULEVARD, SUITE 370, CUPERTINO CA 95014
Woung Moo Lee	officer: See Remarks	C/O MAGNACHIP SEMICONDUCTOR, INC., 60 SOUTH MARKET STREET, SUITE 750, SAN JOSE CA 95113
Theodore S Kim	officer: See Remarks	C/O MAGNACHIP SEMICONDUCTOR, INC., 20400 STEVENS CREEK BLVD., SUITE 370, CUPERTINO CA 95014
Brigade Capital Management, Lp	10 percent owner	399 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10022
Brigade Leveraged Capital Structures Fund Ltd.	10 percent owner	ONE NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9005
Ilbok Lee	director	C/O MAGNACHIP SEMICONDUCTOR, INC, 20400 STEVENS CREEK BOULEVARD, SUITE 370, CUPERTINO CA 95014
Kyo-hwa Liz Chung	director	C/O MAGNACHIP SEMICONDUCTOR CORPORATION, 60 SOUTH MARKET STREET, SUITE 750, SAN JOSE CA 95113
Chan Ho Park	officer: See Remarks	60 SOUTH MARKET STREET, SUITE 750, SAN JOSE CA 95113
Young Soo Woo	officer: See Remarks	60 SOUTH MARKET STREET, SUITE 750, SAN JOSE CA 95113
Shin Young Park	officer: See Remarks	60 SOUTH MARKET STREET, SUITE 750, SAN JOSE CA 95113
Randal T Klein	director	C/O AVENUE CAPITAL MANAGEMENT II, L.P., 535 MADISON AVENUE, NEW YORK NY 10022
Melvin L Keating	director	18 DRIFTWOOD DRIVE, LIVINGSTON NJ 07039
Tavakoli Nader	director	551 FIFTH AVE 334TH FL, NEW YORK NY 10176
Jonathan W Kim	officer: See Remarks	C/O MAGNACHIP SEMICONDUCTOR, INC., 20400 STEVENS CREEK BLVD., SUITE 370, CUPERTINO CA 95014