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Hyundai Development Co (XKRX:294870) Interest Expense : ₩-30,431 Mil (TTM As of Mar. 2024)


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What is Hyundai Development Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Hyundai Development Co's interest expense for the three months ended in Mar. 2024 was ₩ -12,606 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-30,431 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. Hyundai Development Co's Operating Income for the three months ended in Mar. 2024 was ₩ 41,597 Mil. Hyundai Development Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -12,606 Mil. Hyundai Development Co's Interest Coverage for the quarter that ended in Mar. 2024 was 3.30. 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.


Hyundai Development Co Interest Expense Historical Data

The historical data trend for Hyundai Development 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.

Hyundai Development Co Interest Expense Chart

Hyundai Development Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -17,188.02 -34,239.00 -35,321.77 -63,009.80 -45,450.66

Hyundai Development 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 -27,625.83 -6,979.17 -4,467.79 -6,377.88 -12,605.68

Hyundai Development 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 ₩-30,431 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.


Hyundai Development Co  (XKRX:294870) 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.

Hyundai Development Co's Interest Expense for the three months ended in Mar. 2024 was ₩-12,606 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩41,597 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩925,825 Mil.

Hyundai Development 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*41596.991/-12605.675
=3.30

* 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.


Hyundai Development Co (XKRX:294870) Business Description

Traded in Other Exchanges
N/A
Address
55, Hangang-daero 23-gil, 8th, 9th floors, Hyundai IPARK Mall, Yongsan-gu, Seoul, KOR, 04377
Hyundai Development Co is a Korean based real estate development and construction company. The firm is engaged in the construction of business specializing in housing, civil engineering, plant and overseas businesses in South Korea. In addition to a variety of construction projects, the company has also developed domestic and overseas civil engineering and plant projects, contributing to economic development.

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