Solus Advanced Materials (XKRX:336370) Interest Expense : ₩-26,316 Mil (TTM As of Mar. 2024)

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What is Solus Advanced Materials Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Solus Advanced Materials's interest expense for the three months ended in Mar. 2024 was ₩ -6,469 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₩-26,316 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. Solus Advanced Materials's Operating Income for the three months ended in Mar. 2024 was ₩ -13,979 Mil. Solus Advanced Materials's Interest Expense for the three months ended in Mar. 2024 was ₩ -6,469 Mil. Solus Advanced Materials did not have earnings to cover the interest expense. 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.

Solus Advanced Materials Interest Expense Historical Data

The historical data trend for Solus Advanced Materials'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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Solus Advanced Materials Interest Expense Chart

Solus Advanced Materials Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-905.00

-6,262.00

-4,751.00

-8,700.00

-24,599.72

Solus Advanced Materials Quarterly Data
	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												-4,752.00	-6,515.00	-7,106.64	-6,225.83	-6,468.51

Solus Advanced Materials 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 ₩-26,316 Mil.

Solus Advanced Materials (XKRX:336370) 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.

Solus Advanced Materials's Interest Expense for the three months ended in Mar. 2024 was ₩-6,469 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩-13,979 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₩114,529 Mil.

Solus Advanced Materials's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Solus Advanced Materials did not have earnings to cover the interest expense.

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

Solus Advanced Materials (XKRX:336370) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Solus Advanced Materials (XKRX:336370) » Definitions » Interest Expense

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Traded in Other Exchanges

33637L.PFD:Korea 33637K:Korea

Address

15, Jong-ro 33-gil, Jongno-gu, 6th Floor, Yeoungang B/D, Seoul, KOR, 03129

Website

https://www.solusadvancedmaterials.com

Solus Advanced Materials is a South Korea based company engaged in providing the copper foil for electronic devices. It also provides Battery copper foil for EV batteries, Electro Materials for mobile and TV and Natural materials for cosmeceutical, pharmaceutical and nutraceutical industries.

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