Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi (IST:EUREN) Interest Expense : ₺-115 Mil (TTM As of Dec. 2023)

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What is Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's interest expense for the three months ended in Dec. 2023 was ₺ -40 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₺-115 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. Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Operating Income for the three months ended in Dec. 2023 was ₺ 60 Mil. Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Interest Expense for the three months ended in Dec. 2023 was ₺ -40 Mil. Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Interest Coverage for the quarter that ended in Dec. 2023 was 1.49. 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.

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Interest Expense Historical Data

The historical data trend for Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi'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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Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Interest Expense Chart

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-13.22

-10.21

-10.71

-52.90

-114.95

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial								-34.91	-14.72	-14.63	-45.45	-39.92

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi 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 ₺-115 Mil.

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi (IST:EUREN) 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.

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Interest Expense for the three months ended in Dec. 2023 was ₺-40 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₺60 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₺878 Mil.

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi'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	*	59.674	/	-39.92
	=	1.49

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

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi (IST:EUREN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Europen Endustri Insaat Sanayi Ve Ticaret Anonim Sirketi (IST:EUREN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Organize Sanayi Bolgesi Sehitler Bulvari No: 33, Eskisehir, TUR

Website

https://www.europen.com.tr

Europen Endustri Insaat Sanayi Ve Ticaret Anonim Sirketi manufactures building materials. The company offers sheets, panels, PVC windows, and doors, Refrigerator Glasses, Oven Glasses, and Furniture Glasses.

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