GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Turkcell Iletisim Hizmetleri AS (NYSE:TKC) » Definitions » Interest Expense

Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Interest Expense : $-209 Mil (TTM As of Sep. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Turkcell Iletisim Hizmetleri AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Turkcell Iletisim Hizmetleri AS's interest expense for the three months ended in Sep. 2023 was $ -53 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was $-209 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. Turkcell Iletisim Hizmetleri AS's Operating Income for the three months ended in Sep. 2023 was $ 225 Mil. Turkcell Iletisim Hizmetleri AS's Interest Expense for the three months ended in Sep. 2023 was $ -53 Mil. Turkcell Iletisim Hizmetleri AS's Interest Coverage for the quarter that ended in Sep. 2023 was 4.28. 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.


Turkcell Iletisim Hizmetleri AS Interest Expense Historical Data

The historical data trend for Turkcell Iletisim Hizmetleri 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.

Turkcell Iletisim Hizmetleri AS Interest Expense Chart

Turkcell Iletisim Hizmetleri AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -103.84 -149.44 -269.48 -156.12 -161.80

Turkcell Iletisim Hizmetleri AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -43.32 -53.57 -48.03 -54.88 -52.53

Turkcell Iletisim Hizmetleri 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-209 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.


Turkcell Iletisim Hizmetleri AS  (NYSE:TKC) 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.

Turkcell Iletisim Hizmetleri AS's Interest Expense for the three months ended in Sep. 2023 was $-53 Mil. Its Operating Income for the three months ended in Sep. 2023 was $225 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was $2,047 Mil.

Turkcell Iletisim Hizmetleri AS's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*224.659/-52.533
=4.28

* 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.


Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Business Description

Traded in Other Exchanges
Address
Aydinevler Mahallesi Inonu Caddesi No. 20, Kucukyali Ofispark B Blok, Turkcell Kucukyali Plaza, Maltepe, Istanbul, TUR, 34854
Turkcell Iletisim Hizmetleri AS provides mobile telephone services in Turkey. The firm provides mobile voice and data services over its global system for mobile communications networks. Currently, Turkcell provides service to subscribers in 208 countries through commercial roaming agreements with operators. Turkcell has 26 million prepaid subscribers and more than 9 million postpaid subscribers. The firm also has investments in Azerbaijan, Georgia, Kazakhstan, Moldova, and Ukraine.

Turkcell Iletisim Hizmetleri AS (Turkcell Iletisim Hizmetleri AS) Headlines

From GuruFocus

Turkcell Files Its 2020 Annual Report on Form 20-F

By Business Wire Business Wire 04-26-2021

Turkcell Achieves ISO/IEC 27017 Cloud Security Certification

By Business Wire Business Wire 09-03-2020

4.6 Million New Users Joined BiP in the Past 3 Days

By Business Wire Business Wire 01-11-2021

Turkcell Files Its 2021 Annual Report on Form 20-F

By Business Wire Business Wire 04-14-2022

Paycell Begins Its European Journey

By Business Wire Business Wire 10-18-2022

Turkcell Files Its 2022 Annual Report on Form 20-F

By Business Wire Business Wire 04-27-2023

Turkcell Safeguards Remote Education and Business Continuity

By Business Wire Business Wire 04-13-2020