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System and Application Technologies (XKRX:060540) Interest Expense : ₩-1,413 Mil (TTM As of Mar. 2024)


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What is System and Application Technologies Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. System and Application Technologies's interest expense for the three months ended in Mar. 2024 was ₩ -467 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-1,413 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. System and Application Technologies's Operating Income for the three months ended in Mar. 2024 was ₩ 1,166 Mil. System and Application Technologies's Interest Expense for the three months ended in Mar. 2024 was ₩ -467 Mil. System and Application Technologies's Interest Coverage for the quarter that ended in Mar. 2024 was 2.50. 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.


System and Application Technologies Interest Expense Historical Data

The historical data trend for System and Application Technologies'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.

System and Application Technologies Interest Expense Chart

System and Application Technologies 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 -861.42 -622.22 -716.50 -1,183.14 -1,338.42

System and Application Technologies 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 -392.88 -386.41 -412.70 -146.43 -467.08

System and Application Technologies 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 ₩-1,413 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.


System and Application Technologies  (XKRX:060540) 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.

System and Application Technologies's Interest Expense for the three months ended in Mar. 2024 was ₩-467 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩1,166 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩6,798 Mil.

System and Application Technologies'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*1166.077/-467.076
=2.50

* 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.


System and Application Technologies (XKRX:060540) Business Description

Traded in Other Exchanges
N/A
Address
1026-30 S Gunpo sanbondong Tower, 7th Floor, Gunpo-Si, Gyeonggi, KOR, 435-845
System and Application Technologies Inc is a South Korea based company engaged in the business of Mobile system and Transportation Management System. The Mobile system business focuses on the development of mobile die-cut products and tapes. The Transportation Management System business includes Weighing System, ITS Business, Service Business, and Calibration Business.

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