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Seah Steel Holdings (XKRX:003030) Interest Expense : ₩-38,543 Mil (TTM As of Dec. 2023)


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What is Seah Steel Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Seah Steel Holdings's interest expense for the three months ended in Dec. 2023 was ₩ -10,101 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₩-38,543 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. Seah Steel Holdings's Operating Income for the three months ended in Dec. 2023 was ₩ 62,642 Mil. Seah Steel Holdings's Interest Expense for the three months ended in Dec. 2023 was ₩ -10,101 Mil. Seah Steel Holdings's Interest Coverage for the quarter that ended in Dec. 2023 was 6.20. 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.


Seah Steel Holdings Interest Expense Historical Data

The historical data trend for Seah Steel Holdings'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.

Seah Steel Holdings Interest Expense Chart

Seah Steel Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18,700.00 -16,624.00 -11,824.00 -24,614.00 -38,543.00

Seah Steel Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -8,017.00 -10,470.00 -7,974.00 -9,998.00 -10,101.00

Seah Steel Holdings 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-38,543 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.


Seah Steel Holdings  (XKRX:003030) 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.

Seah Steel Holdings's Interest Expense for the three months ended in Dec. 2023 was ₩-10,101 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₩62,642 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₩649,652 Mil.

Seah Steel Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*62641.7/-10101
=6.20

* 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.


Seah Steel Holdings (XKRX:003030) Business Description

Traded in Other Exchanges
N/A
Address
45, Yanghwa-ro, Mapo-gu, Seah Tower, 25/26/27th Floor, Seoul, KOR, 04036
Seah Steel Holdings is a Korean based company operates in the steel sector. The business activity of the group includes manufacturing of steel products such as carbon steel pipe, stainless steel pipe, titanium tube, galvanized color steel sheet and others. These products are used in wide range of areas such as oil refining, nuclear power plants, LNG vessels, marine plants and others. Geographically, the activities are carried out through the region of Korea and it drives revenue through the sale of products.

Seah Steel Holdings (XKRX:003030) Headlines

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