Global Yatirim Holding AS (IST:GLYHO) Interest Expense : ₺-1,718 Mil (TTM As of Dec. 2023)

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What is Global Yatirim Holding AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Global Yatirim Holding AS's interest expense for the three months ended in Dec. 2023 was ₺ -864 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₺-1,718 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. Global Yatirim Holding AS's Operating Income for the three months ended in Dec. 2023 was ₺ 874 Mil. Global Yatirim Holding AS's Interest Expense for the three months ended in Dec. 2023 was ₺ -864 Mil. Global Yatirim Holding AS's Interest Coverage for the quarter that ended in Dec. 2023 was 1.01. 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.

Global Yatirim Holding AS Interest Expense Historical Data

The historical data trend for Global Yatirim Holding 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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Global Yatirim Holding AS Interest Expense Chart

Global Yatirim Holding AS Annual Data

Trend

Dec14

Dec15

Dec16

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Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-290.24

-354.58

-346.44

-1,495.71

-1,718.11

Global Yatirim Holding 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															-1,061.49	-202.21	-264.97	-387.11	-863.82

Global Yatirim Holding 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 ₺-1,718 Mil.

Global Yatirim Holding AS (IST:GLYHO) 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.

Global Yatirim Holding AS's Interest Expense for the three months ended in Dec. 2023 was ₺-864 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₺874 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₺21,365 Mil.

Global Yatirim Holding 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	*	873.869	/	-863.823
	=	1.01

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Global Yatirim Holding AS interest coverage is 1.26, which is low.

Global Yatirim Holding AS (IST:GLYHO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Global Yatirim Holding AS (IST:GLYHO) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Buyukdere Caddesi 193, Block Number 193/2, Sisli, Istanbul, TUR, 34394

Website

https://www.globalyatirim.com.tr

Global Yatirim Holding AS operates as an investment holding company in Turkey. The company's operating segment includes Port Operations; Energy Generation; Natural Gas; Mining; Real Estate and Brokerage and Asset Management. It generates maximum revenue from the Port Operations segment. The company operates cruise and commercial port facilities, as well as operates in energy production, renewable energy production, and feldspar mining businesses.

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