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Smart Radar System (XKRX:424960) Interest Expense : ₩-69 Mil (TTM As of Mar. 2024)


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What is Smart Radar System Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Smart Radar System's interest expense for the three months ended in Mar. 2024 was ₩ -35 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-69 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. Smart Radar System's Operating Income for the three months ended in Mar. 2024 was ₩ -2,004 Mil. Smart Radar System's Interest Expense for the three months ended in Mar. 2024 was ₩ -35 Mil. Smart Radar System did not have earnings to cover the interest expense. 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.


Smart Radar System Interest Expense Historical Data

The historical data trend for Smart Radar System'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.

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Smart Radar System Interest Expense Chart

Smart Radar System Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-506.19 -1,240.39 -1,521.40 -143.09

Smart Radar System Quarterly Data
Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial -396.95 -31.68 - -34.22 -35.26

Smart Radar System 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 ₩-69 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.


Smart Radar System  (XKRX:424960) 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.

Smart Radar System's Interest Expense for the three months ended in Mar. 2024 was ₩-35 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩-2,004 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩182 Mil.

Smart Radar System's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Smart Radar System did not have earnings to cover the interest expense.

* 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.


Smart Radar System (XKRX:424960) Business Description

Traded in Other Exchanges
N/A
Address
925beon-gil, 3F Fine Digital, 41, Seongnam-daero, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13496
Smart Radar System Inc is a company developing radar solutions for autonomous cars and industrial applications. They provide RF antenna design, hardware module fabrication, radar signal processing algorithms and software APIs. It offers products such as RETINA-4FN, RETINA-4SN and IRISc-03A which are 4D Imaging Radars, Single chip Radars.

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