Incar Financial Service Co (XKRX:211050) Interest Expense : ₩-10,290 Mil (TTM As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Incar Financial Service Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Incar Financial Service Co's interest expense for the three months ended in Mar. 2024 was ₩ -2,501 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-10,290 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. Incar Financial Service Co's Operating Income for the three months ended in Mar. 2024 was ₩ 19,079 Mil. Incar Financial Service Co's Interest Expense for the three months ended in Mar. 2024 was ₩ -2,501 Mil. Incar Financial Service Co's Interest Coverage for the quarter that ended in Mar. 2024 was 7.63. 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.

Incar Financial Service Co Interest Expense Historical Data

The historical data trend for Incar Financial Service 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.

Incar Financial Service Co Interest Expense Chart

Incar Financial Service Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-469.87

-662.45

-854.84

-1,267.53

-8,866.35

Incar Financial Service Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial											-1,077.12	-2,609.18	-2,637.64	-2,542.42	-2,500.89

Incar Financial Service 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 ₩-10,290 Mil.

Incar Financial Service Co (XKRX:211050) 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.

Incar Financial Service Co's Interest Expense for the three months ended in Mar. 2024 was ₩-2,501 Mil. Its EBIT for the three months ended in Mar. 2024 was ₩19,079 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩31,893 Mil.

Incar Financial Service Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	EBIT (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	19079.021	/	-2500.889
	=	7.63

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

Incar Financial Service Co (XKRX:211050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Incar Financial Service Co Ltd (XKRX:211050) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

7 Seoul Forest Road 27, Kolon Digital Tower 2nd floor, This holy gu, Seoul, KOR, 04 780

Website

http://www.incar.co.kr

Incar Financial Service Co Ltd is a financial sales company that provides all banking products such as banks and securities. It mainly engaged in insurance and pension-related business. The company also offers various customized comprehensive asset management consulting services.

Incar Financial Service Co (XKRX:211050) Headlines

No Headlines