Arcelik AS (Arcelik AS) Interest Expense : $-340 Mil (TTM As of Mar. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Arcelik AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Arcelik AS's interest expense for the three months ended in Mar. 2024 was $ -82 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-340 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. Arcelik AS's Operating Income for the three months ended in Mar. 2024 was $ 100 Mil. Arcelik AS's Interest Expense for the three months ended in Mar. 2024 was $ -82 Mil. Arcelik AS's Interest Coverage for the quarter that ended in Mar. 2024 was 1.21. 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.

Arcelik AS Interest Expense Historical Data

The historical data trend for Arcelik AS'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.

Arcelik AS Interest Expense Chart

Arcelik AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-269.60

-198.01

-153.89

-442.51

-290.89

Arcelik AS 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															-131.44	-56.12	-67.08	-134.15	-82.41

Arcelik AS 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 $-340 Mil.

Arcelik AS (OTCPK:ACKAY) 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.

Arcelik AS's Interest Expense for the three months ended in Mar. 2024 was $-82 Mil. Its Operating Income for the three months ended in Mar. 2024 was $100 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $1,538 Mil.

Arcelik AS'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	*	99.736	/	-82.409
	=	1.21

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

Arcelik AS (Arcelik AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Arcelik AS (OTCPK:ACKAY) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

ARCLK:Turkey RCAA:Germany

Address

Karaagac Caddesi No 2-6, Sutluce, Istanbul, TUR, 34445

Website

http://www.arcelikas.com

Arcelik AS is a Turkey-based company that is principally engaged in manufacturing household appliances. Its products consist of consumer durable goods, consumer electronics, kitchen accessories, and small home appliances. It provides after-sale services as well. The company generates most of its revenue from white products. The company has factories in a number of countries, such as Turkey, Romania, Russia, China, South Africa, and Thailand. It has a worldwide business presence, including Turkey, Europe, Africa, and the Middle East, with Turkey and Western Europe as the largest markets.