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Anel Elektrik Proje Taahhut ve Ticaret AS (IST:ANELE) Interest Expense : ₺-142 Mil (TTM As of Sep. 2023)


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What is Anel Elektrik Proje Taahhut ve Ticaret AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Anel Elektrik Proje Taahhut ve Ticaret AS's interest expense for the three months ended in Sep. 2023 was ₺ -50 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₺-142 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. Anel Elektrik Proje Taahhut ve Ticaret AS's Operating Income for the three months ended in Sep. 2023 was ₺ -72 Mil. Anel Elektrik Proje Taahhut ve Ticaret AS's Interest Expense for the three months ended in Sep. 2023 was ₺ -50 Mil. Anel Elektrik Proje Taahhut ve Ticaret AS 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.


Anel Elektrik Proje Taahhut ve Ticaret AS Interest Expense Historical Data

The historical data trend for Anel Elektrik Proje Taahhut 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.

* Premium members only.

Anel Elektrik Proje Taahhut ve Ticaret AS Interest Expense Chart

Anel Elektrik Proje Taahhut ve Ticaret AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.27 -34.39 -41.20 -80.87 -131.77

Anel Elektrik Proje Taahhut ve Ticaret AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -32.32 -40.86 -29.01 -22.27 -50.17

Anel Elektrik Proje Taahhut ve Ticaret 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-142 Mil.

* 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.


Anel Elektrik Proje Taahhut ve Ticaret AS  (IST:ANELE) Interest Expense Explanation

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. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Anel Elektrik Proje Taahhut ve Ticaret AS's Interest Expense for the three months ended in Sep. 2023 was ₺-50 Mil. Its Operating Income for the three months ended in Sep. 2023 was ₺-72 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was ₺875 Mil.

Anel Elektrik Proje Taahhut ve Ticaret AS's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Anel Elektrik Proje Taahhut ve Ticaret AS did not have earnings to cover the interest expense.

* 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.

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


Anel Elektrik Proje Taahhut ve Ticaret AS (IST:ANELE) Business Description

Traded in Other Exchanges
N/A
Address
Anel Business Center, Saray Mah, Site Yolu Sokak No:5/4, Umraniye, Istanbul, TUR, 34768
Anel Elektrik Proje Taahhut ve Ticaret A.S. offers electromechanical project contracting services. It develops electrical projects for airports, shopping centers & tourism facilities & is also engages in construction, leasing & maintenance operations.

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