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Bim Birlesik Magazalar AS (IST:BIMAS) Interest Expense : ₺-2,382 Mil (TTM As of Dec. 2023)


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What is Bim Birlesik Magazalar AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bim Birlesik Magazalar AS's interest expense for the three months ended in Dec. 2023 was ₺ -1,052 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₺-2,382 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. Bim Birlesik Magazalar AS's Operating Income for the three months ended in Dec. 2023 was ₺ -6,806 Mil. Bim Birlesik Magazalar AS's Interest Expense for the three months ended in Dec. 2023 was ₺ -1,052 Mil. Bim Birlesik Magazalar 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.


Bim Birlesik Magazalar AS Interest Expense Historical Data

The historical data trend for Bim Birlesik Magazalar 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.

Bim Birlesik Magazalar AS Interest Expense Chart

Bim Birlesik Magazalar AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -633.94 -708.45 -805.53 -2,084.28 -2,381.85

Bim Birlesik Magazalar 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 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 -1,308.13 -378.93 -437.12 -513.36 -1,052.45

Bim Birlesik Magazalar 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 ₺-2,382 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.


Bim Birlesik Magazalar AS  (IST:BIMAS) 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.

Bim Birlesik Magazalar AS's Interest Expense for the three months ended in Dec. 2023 was ₺-1,052 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₺-6,806 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₺17,679 Mil.

Bim Birlesik Magazalar AS's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Bim Birlesik Magazalar 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.


Bim Birlesik Magazalar AS (IST:BIMAS) Business Description

Traded in Other Exchanges
N/A
Address
Abdurrahmangazi Mahallesi, Ebubekir Caddesi No: 73, Sancaktepe, Istanbul, TUR, 34887
Bim Birlesik Magazalar AS is a Turkey-based company that is engaged in operating retail stores through its retail shops throughout Turkey, which sell an assortment of approximately 850 items, including a number of private label products which includes Fresh Meat Products, Milk and milk products, Beverages, Legumes and Bakery, Snacks and Sweets, Fruits and Vegetables, Frozen Food, Cleaning Supplies, Oils and Cosmetics and papers. The company also operates abroad including in Morocco and Egypt.

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