Orion (Spin Co) (XKRX:271560) Interest Expense : ₩-3,148 Mil (TTM As of Mar. 2024)

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What is Orion (Spin Co) Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Orion (Spin Co)'s interest expense for the three months ended in Mar. 2024 was ₩ -199 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-3,148 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. Orion (Spin Co)'s Operating Income for the three months ended in Mar. 2024 was ₩ 125,135 Mil. Orion (Spin Co)'s Interest Expense for the three months ended in Mar. 2024 was ₩ -199 Mil. Orion (Spin Co)'s Interest Coverage for the quarter that ended in Mar. 2024 was 628.36. 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.

Orion (Spin Co) Interest Expense Historical Data

The historical data trend for Orion (Spin 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.

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Orion (Spin Co) Interest Expense Chart

Orion (Spin Co) Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-10,920.16

-7,362.31

-6,389.28

-4,394.40

-3,600.11

Orion (Spin 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															-651.22	-1,261.16	-1,240.23	-447.50	-199.15

Orion (Spin 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 ₩-3,148 Mil.

Orion (Spin Co) (XKRX:271560) 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.

Orion (Spin Co)'s Interest Expense for the three months ended in Mar. 2024 was ₩-199 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩125,135 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩12,307 Mil.

Orion (Spin 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	*	125135.086	/	-199.147
	=	628.36

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

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Orion Corp (Spin Co) has enough cash to cover all of its debt. Its financial situation is stable.

Orion (Spin Co) (XKRX:271560) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Orion Corp (Spin Co) (XKRX:271560) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

30-10 Munbae-dong, Yongsan-gu, Seoul, KOR

Website

http://www.orionworld.com

Orion Corp (Spin Co) is a confectionery company. Its products offerings include Choco boy jelly, Sause Dot Potatochip, Red Velvet, Fig and Berries, and others.

Orion (Spin Co) (XKRX:271560) Headlines

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