Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Interest Expense : ₺-424 Mil (TTM As of Dec. 2023)

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What is Alkim Kagitnayi ve Ticaret AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alkim Kagitnayi ve Ticaret AS's interest expense for the six months ended in Dec. 2023 was ₺ -424 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₺-424 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. Alkim Kagitnayi ve Ticaret AS's Operating Income for the six months ended in Dec. 2023 was ₺ 440 Mil. Alkim Kagitnayi ve Ticaret AS's Interest Expense for the six months ended in Dec. 2023 was ₺ -424 Mil. Alkim Kagitnayi ve Ticaret AS's Interest Coverage for the quarter that ended in Dec. 2023 was 1.04. 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.

Alkim Kagitnayi ve Ticaret AS Interest Expense Historical Data

The historical data trend for Alkim Kagitnayi ve Ticaret 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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Alkim Kagitnayi ve Ticaret AS Interest Expense Chart

Alkim Kagitnayi ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-4.40

-0.50

-0.32

-4.45

-424.20

Alkim Kagitnayi ve Ticaret AS Semi-Annual Data
	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Interest Expense	Get a 7-Day Free Trial														-4.40	-0.50	-0.32	-4.45	-424.20

Alkim Kagitnayi ve Ticaret AS Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₺-424 Mil.

Alkim Kagitnayi ve Ticaret AS (IST:ALKA) 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.

Alkim Kagitnayi ve Ticaret AS's Interest Expense for the six months ended in Dec. 2023 was ₺-424 Mil. Its Operating Income for the six months ended in Dec. 2023 was ₺440 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was ₺0 Mil.

Alkim Kagitnayi ve Ticaret 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	*	440.495	/	-424.201
	=	1.04

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

Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Alkim Kagit Sanayi ve Ticaret AS (IST:ALKA) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kirovakan Mevkii Kemalpasa, Gulab OSB, Izmir, TUR, 35730

Website

http://www.alkimkagit.com.tr

Alkim Kagit Sanayi ve Ticaret AS is a Turkey-based company engaged in the manufacture of paper and paper products. The company's main products are wood-free offset papers, coated papers, office papers and special papers. Alkim Kagit Sanayi ve Ticaret AS sells most of its products in the turkey market. It exports to over 25 countries, especially in Europe. In addition, the Balkan countries, Russia and Africa are part of the company's customer portfolio. Its wood-free offset, coated and office papers are produced in Alkim Paper Production Plants. The firm operates a cogeneration plant that meets its energy requirements.

Alkim Kagitnayi ve Ticaret AS (IST:ALKA) Headlines

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