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Orbitech Co (XKRX:046120) Interest Expense : ₩-1,650 Mil (TTM As of Mar. 2024)


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What is Orbitech Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Orbitech Co's interest expense for the three months ended in Mar. 2024 was ₩ -474 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-1,650 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. Orbitech Co's Operating Income for the three months ended in Mar. 2024 was ₩ 761 Mil. Orbitech Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -474 Mil. Orbitech Co's Interest Coverage for the quarter that ended in Mar. 2024 was 1.60. 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.


Orbitech Co Interest Expense Historical Data

The historical data trend for Orbitech 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.

Orbitech Co Interest Expense Chart

Orbitech 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 -1,359.06 -1,090.05 -1,965.72 -1,948.93 -1,691.76

Orbitech 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 -516.49 -128.08 -593.95 -453.23 -474.36

Orbitech 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 ₩-1,650 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.


Orbitech Co  (XKRX:046120) 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.

Orbitech Co's Interest Expense for the three months ended in Mar. 2024 was ₩-474 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩761 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩6,206 Mil.

Orbitech 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*761.249/-474.358
=1.60

* 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.


Orbitech Co (XKRX:046120) Business Description

Traded in Other Exchanges
N/A
Address
Number 1130 Beoman-ro, 8th Gasan-Digital-Empire, Geumcheon-gu, Seoul, KOR
Orbitech Co., Ltd. provides testing services. Its provides non-destructive inspection technology services and consulting, as well as third party test and inspection equipments. Its Nuclear Energy Business provides radiation-related services for various facilities and utilities such as nuclear power plants, nuclear fuel processing facilities, laboratories and hospitals.

Orbitech Co (XKRX:046120) Headlines

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