GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Hanwha Aerospace Co Ltd (XKRX:012450) » Definitions » Interest Expense

Hanwha Aerospace Co (XKRX:012450) Interest Expense : ₩-185,505 Mil (TTM As of Mar. 2024)


View and export this data going back to 1987. Start your Free Trial

What is Hanwha Aerospace Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hanwha Aerospace Co's interest expense for the three months ended in Mar. 2024 was ₩ -51,569 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-185,505 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. Hanwha Aerospace Co's Operating Income for the three months ended in Mar. 2024 was ₩ 37,410 Mil. Hanwha Aerospace Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -51,569 Mil. Hanwha Aerospace Co's Interest Coverage for the quarter that ended in Mar. 2024 was 0.73. 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.


Hanwha Aerospace Co Interest Expense Historical Data

The historical data trend for Hanwha Aerospace 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.

Hanwha Aerospace Co Interest Expense Chart

Hanwha Aerospace 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 -59,404.67 -66,285.26 -62,367.52 -85,068.75 -169,776.21

Hanwha Aerospace 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 -33,700.98 -36,881.57 -46,480.75 -50,573.68 -51,568.81

Hanwha Aerospace 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 ₩-185,505 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.


Hanwha Aerospace Co  (XKRX:012450) 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.

Hanwha Aerospace Co's Interest Expense for the three months ended in Mar. 2024 was ₩-51,569 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩37,410 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩2,229,277 Mil.

Hanwha Aerospace 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*37409.748/-51568.808
=0.73

* 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.


Hanwha Aerospace Co (XKRX:012450) Business Description

Traded in Other Exchanges
N/A
Address
1204, Changwon-daero, Seongsan-gu, Changwon-si, Gyeongnam-do, KOR
Hanwha Aerospace is an aircraft engine manufacturer in South Korea. It has two business divisions: aircraft engine and aero mechanical system. Through the aircraft engine division, the company is engaged in precision machining specialized to develop, manufacture, and maintain aircraft engines. The aero mechanical system division supplies aerospace and defense companies for building hydraulic parts, flight control actuators, and fuel systems. The firm previously operated under the name Hanwha Techwin.

Hanwha Aerospace Co (XKRX:012450) Headlines

No Headlines