Kumho Tire Co (LSE:KHTC) Interest Expense : $-136 Mil (TTM As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Kumho Tire Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kumho Tire Co's interest expense for the three months ended in Mar. 2024 was $ -30 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-136 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. Kumho Tire Co's Operating Income for the three months ended in Mar. 2024 was $ 239 Mil. Kumho Tire Co's Interest Expense for the three months ended in Mar. 2024 was $ -30 Mil. Kumho Tire Co's Interest Coverage for the quarter that ended in Mar. 2024 was 8.05. 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.

Kumho Tire Co Interest Expense Historical Data

The historical data trend for Kumho Tire 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.

Kumho Tire Co Interest Expense Chart

Kumho Tire Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-82.14

-77.95

-67.53

-79.72

-131.69

Kumho Tire 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															-24.39	-34.37	-35.92	-36.35	-29.71

Kumho Tire 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 $-136 Mil.

Kumho Tire Co (LSE:KHTC) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Kumho Tire Co's Interest Expense for the three months ended in Mar. 2024 was $-30 Mil. Its Operating Income for the three months ended in Mar. 2024 was $239 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $0 Mil.

Kumho Tire 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	*	239.165	/	-29.712
	=	8.05

The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Kumho Tire Co Inc interest coverage is 3.76, which is low.

Kumho Tire Co (LSE:KHTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kumho Tire Co Inc (LSE:KHTC) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

073240:Korea

Address

Kumho Asiana Main Building, 115 Sinmunro 1-Ga, Jongno-Gu, Seoul, KOR

Website

http://www.kumhotire.co.kr

Kumho Tire Co Inc is a global tire company originally from South Korea. The company offers car tires, light truck and SUV tires, competition racing tires, and medium commercial truck tires. The company has manufacturing facilities and plants in South Korea, China, Vietnam, and the United States.

Kumho Tire Co (LSE:KHTC) Headlines

No Headlines