GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » DoubleUGames Co Ltd (XKRX:192080) » Definitions » Interest Expense

DoubleUGames Co (XKRX:192080) Interest Expense : ₩-2,428 Mil (TTM As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is DoubleUGames Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. DoubleUGames Co's interest expense for the three months ended in Mar. 2024 was ₩ -689 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-2,428 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. DoubleUGames Co's Operating Income for the three months ended in Mar. 2024 was ₩ 61,687 Mil. DoubleUGames Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -689 Mil. DoubleUGames Co's Interest Coverage for the quarter that ended in Mar. 2024 was 89.53. 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.


DoubleUGames Co Interest Expense Historical Data

The historical data trend for DoubleUGames 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.

DoubleUGames Co Interest Expense Chart

DoubleUGames 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 -27,557.12 -10,421.76 -1,591.76 -3,632.81 -2,297.66

DoubleUGames 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 -558.42 -515.78 -488.03 -735.43 -688.98

DoubleUGames 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 ₩-2,428 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.


DoubleUGames Co  (XKRX:192080) 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.

DoubleUGames Co's Interest Expense for the three months ended in Mar. 2024 was ₩-689 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩61,687 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩19,947 Mil.

DoubleUGames 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*61686.705/-688.976
=89.53

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. DoubleUGames Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.


DoubleUGames Co (XKRX:192080) Business Description

Traded in Other Exchanges
N/A
Address
152 Teheran-ro, Gangnam Finance Center, Gangnam-gu, 16th floor (dong), Seoul, KOR
DoubleUGames Co Ltd is a Korea-based game development company. It offers multiple gaming products such as DoubleU casino game and DoubleU bingo game and others. The company also provides Wookie Casino, a social casino game, as well as bingo, and slot machines games. In addition, it distributes its products domestically and in international markets.

DoubleUGames Co (XKRX:192080) Headlines

No Headlines