Adese Gayrimenkul Yatirim AS (IST:ADESE) Interest Expense : ₺-34.2 Mil (TTM As of Dec. 2023)

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What is Adese Gayrimenkul Yatirim AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Adese Gayrimenkul Yatirim AS's interest expense for the three months ended in Dec. 2023 was ₺ -30.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₺-34.2 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. Adese Gayrimenkul Yatirim AS's Operating Income for the three months ended in Dec. 2023 was ₺ 51.3 Mil. Adese Gayrimenkul Yatirim AS's Interest Expense for the three months ended in Dec. 2023 was ₺ -30.4 Mil. Adese Gayrimenkul Yatirim AS's Interest Coverage for the quarter that ended in Dec. 2023 was 1.69. 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.

Adese Gayrimenkul Yatirim AS Interest Expense Historical Data

The historical data trend for Adese Gayrimenkul Yatirim 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.

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Adese Gayrimenkul Yatirim AS Interest Expense Chart

Adese Gayrimenkul Yatirim AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-96.15

-6.38

-82.39

-16.19

-34.19

Adese Gayrimenkul Yatirim AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-12.41	-1.65	-0.08	-2.01	-30.45

Adese Gayrimenkul Yatirim 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-34.2 Mil.

Adese Gayrimenkul Yatirim AS (IST:ADESE) 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.

Adese Gayrimenkul Yatirim AS's Interest Expense for the three months ended in Dec. 2023 was ₺-30.4 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₺51.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₺20.9 Mil.

Adese Gayrimenkul Yatirim AS's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	51.324	/	-30.449
	=	1.69

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

Adese Gayrimenkul Yatirim AS (IST:ADESE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Adese Gayrimenkul Yatirim AS (IST:ADESE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kule Street, Selcuklu Tower Site, Floor: 33 No: 2/55, Selçuklu, Musalla Baglar? District, Konya, TUR

Website

https://www.adese.com.tr

Adese Gayrimenkul Yatirim AS Formerly Adese Alisveris Merkezleri Ticaret AS operates a chain of supermarkets in Turkey. The Company is a retailer that offers various goods at discount prices. It mainly engages in the provision of consumer goods distribution. It involves in the operation of supermarket and offers retail and wholesale services of consumer needs.

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