GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Chosun Refractories Co Ltd spin off (XKRX:462520) » Definitions » Interest Expense

Chosun Refractories Co spin off (XKRX:462520) Interest Expense : ₩ Mil (TTM As of Sep. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Chosun Refractories Co spin off Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Chosun Refractories Co spin off's interest expense for the six months ended in Sep. 2023 was ₩ -1,109 Mil. Chosun Refractories Co spin off does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Sep. 2023.

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. Chosun Refractories Co spin off's Operating Income for the six months ended in Sep. 2023 was ₩ 6,096 Mil. Chosun Refractories Co spin off's Interest Expense for the six months ended in Sep. 2023 was ₩ -1,109 Mil. Chosun Refractories Co spin off's Interest Coverage for the quarter that ended in Sep. 2023 was 5.50. 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.


Chosun Refractories Co spin off Interest Expense Historical Data

The historical data trend for Chosun Refractories Co spin off'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.

Chosun Refractories Co spin off Interest Expense Chart

Chosun Refractories Co spin off Annual Data
Trend Dec23
Interest Expense
-2,087.80

Chosun Refractories Co spin off Semi-Annual Data
Sep23
Interest Expense -1,108.77

Chosun Refractories Co spin off Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.


Chosun Refractories Co spin off  (XKRX:462520) 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.

Chosun Refractories Co spin off's Interest Expense for the six months ended in Sep. 2023 was ₩-1,109 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₩6,096 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2023 was ₩580 Mil.

Chosun Refractories Co spin off's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*6096.43/-1108.768
=5.50

* 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.


Chosun Refractories Co spin off (XKRX:462520) Business Description

Traded in Other Exchanges
N/A
Address
55 Saneop-ro, Jeollanam-do, Taein-dong, Gwangyang-si, KOR
Chosun Refractories Co Ltd spin off manufactures general-purpose products and high-functionality products (refractories for continuous casting, special refractories) based on domestic production facilities. Its product offerings comprise Shaped and unshaped refractories, Special alumina bricks, high alumina bricks, casting blocks, castable refractories, metal plating/ shaft alleys for the mortar production refractories industry, technical service for the refractories industry, and manufacturing of industrial furnaces.

Chosun Refractories Co spin off (XKRX:462520) Headlines

No Headlines