TEK-ART Turizm Zigana AS (IST:TEKTU) Interest Expense : ₺-48.48 Mil (TTM As of Dec. 2022)

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What is TEK-ART Turizm Zigana AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. TEK-ART Turizm Zigana AS's interest expense for the three months ended in Dec. 2022 was ₺ -8.95 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was ₺-48.48 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. TEK-ART Turizm Zigana AS's Operating Income for the three months ended in Dec. 2022 was ₺ -12.48 Mil. TEK-ART Turizm Zigana AS's Interest Expense for the three months ended in Dec. 2022 was ₺ -8.95 Mil. TEK-ART Turizm Zigana 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.

TEK-ART Turizm Zigana AS Interest Expense Historical Data

The historical data trend for TEK-ART Turizm Zigana 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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TEK-ART Turizm Zigana AS Interest Expense Chart

TEK-ART Turizm Zigana AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-41.36

-30.58

-29.57

-16.02

-48.48

TEK-ART Turizm Zigana AS Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Interest Expense	Get a 7-Day Free Trial															-5.89	-14.58	-16.10	-8.85	-8.95

TEK-ART Turizm Zigana 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-48.48 Mil.

TEK-ART Turizm Zigana AS (IST:TEKTU) 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.

TEK-ART Turizm Zigana AS's Interest Expense for the three months ended in Dec. 2022 was ₺-8.95 Mil. Its Operating Income for the three months ended in Dec. 2022 was ₺-12.48 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2022 was ₺297.69 Mil.

TEK-ART Turizm Zigana AS's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

TEK-ART Turizm Zigana AS did not have earnings to cover the interest expense.

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

TEK-ART Turizm Zigana AS (IST:TEKTU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » TEK-ART Turizm Zigana AS (IST:TEKTU) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Halkali Cad No: 259, Sefakoy - K. Cekmece, Istanbul, TUR

Website

http://www.tek-artinsaat.com

TEK-ART Turizm Zigana AS is engaged in tourism, and leisure and entertainment sectors. It manages and invests in hotels, holiday villages, golf courses, restaurants, entertainment facilities, beaches, theme parks, and marinas.

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