Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) Interest Expense : ₺-1,756 Mil (TTM As of Mar. 2024)

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What is Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's interest expense for the three months ended in Mar. 2024 was ₺ -524 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₺-1,756 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. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Operating Income for the three months ended in Mar. 2024 was ₺ 799 Mil. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Interest Expense for the three months ended in Mar. 2024 was ₺ -524 Mil. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Interest Coverage for the quarter that ended in Mar. 2024 was 1.53. 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.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Interest Expense Historical Data

The historical data trend for Borusan Birlesik Boru Fabrikalarinayi 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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Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Interest Expense Chart

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-175.48

-154.45

-256.33

-994.95

-1,486.41

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret 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															-253.03	-275.87	-413.99	-542.67	-523.63

Borusan Birlesik Boru Fabrikalarinayi 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-1,756 Mil.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) 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.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Interest Expense for the three months ended in Mar. 2024 was ₺-524 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₺799 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₺2,676 Mil.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret 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	*	798.738	/	-523.629
	=	1.53

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

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Borusan Birlesik Boru Fabrikalari Sanayi Ve Ticaret AS (IST:BRSAN) » Definitions » Interest Expense

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Address

Meclisi Mebusan Caddesi No. 35 – 37, Salipazari, Istanbul, TUR, 34427

Website

https://www.borusanmannesmann.com

Borusan Birlesik Boru Fabrikalari Sanayi Ve Ticaret AS Formerly Borusan Mannesmann Boru Sanayi ve Ticaret AS is a steel tube and pipes manufacturer. The company's product portfolio includes gas pipes, water pipes, general purpose pipes, OCTG pipes, line pipe, precision tubes, heavy wall welded tubes, first fire protection systems, and easy flow fire protection sprinkler pipes. It provides products for various projects such as The NK1 Oil Pipeline, The Sahdeniz, The Blue Stream, Hungary Gas Pipeline, and TANAP projects. It exports products to various countries in Americas, Europe, Africa and Asia.

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