GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Dong Yang Steel Pipe Co Ltd (XKRX:008970) » Definitions » Interest Expense

Dong Yang Steel Pipe Co (XKRX:008970) Interest Expense : ₩-5,172 Mil (TTM As of Mar. 2024)


View and export this data going back to 1977. Start your Free Trial

What is Dong Yang Steel Pipe Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dong Yang Steel Pipe Co's interest expense for the three months ended in Mar. 2024 was ₩ -1,267 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-5,172 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. Dong Yang Steel Pipe Co's Operating Income for the three months ended in Mar. 2024 was ₩ 1,557 Mil. Dong Yang Steel Pipe Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -1,267 Mil. Dong Yang Steel Pipe Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.23. 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.


Dong Yang Steel Pipe Co Interest Expense Historical Data

The historical data trend for Dong Yang Steel Pipe 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.

Dong Yang Steel Pipe Co Interest Expense Chart

Dong Yang Steel Pipe Co 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 -1,423.77 -1,113.49 -1,109.16 -2,515.70 -4,836.91

Dong Yang Steel Pipe Co 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 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 -931.47 -1,189.41 -1,339.18 -1,376.85 -1,266.73

Dong Yang Steel Pipe 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩-5,172 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.


Dong Yang Steel Pipe Co  (XKRX:008970) 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.

Dong Yang Steel Pipe Co's Interest Expense for the three months ended in Mar. 2024 was ₩-1,267 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩1,557 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩660 Mil.

Dong Yang Steel Pipe Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*1556.831/-1266.733
=1.23

* 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.


Dong Yang Steel Pipe Co (XKRX:008970) Business Description

Traded in Other Exchanges
N/A
Address
57, Namgwan-ri, Pungse-myeon, Dongnam-gu, Cheonan-si, Chungcheongnam-do, KOR, 330-911
Dong Yang Steel Pipe Co Ltd is a manufacturer of steel pipes. The company's main products include: polyethylene/ FBE coated steel pipe, polyurea coated steel pipes for water services, steel pipes piles and steel pipes for oil and gas transport.

Dong Yang Steel Pipe Co (XKRX:008970) Headlines

No Headlines