GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Galatasaray Sportif Sinai Veticari Yatirimlar AS (IST:GSRAY) » Definitions » Interest Coverage

Galatasaray Sportif Sinai Veticari Yatirimlar AS (IST:GSRAY) Interest Coverage : 0 (At Loss) (As of Nov. 2022)


View and export this data going back to 2002. Start your Free Trial

What is Galatasaray Sportif Sinai Veticari Yatirimlar AS Interest Coverage?

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 by its Interest Expense. Galatasaray Sportif Sinai Veticari Yatirimlar AS's Operating Income for the three months ended in Nov. 2022 was ₺-293.5 Mil. Galatasaray Sportif Sinai Veticari Yatirimlar AS's Interest Expense for the three months ended in Nov. 2022 was ₺-61.4 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Galatasaray Sportif Sinai Veticari Yatirimlar AS's Interest Coverage or its related term are showing as below:


IST:GSRAY's Interest Coverage is not ranked *
in the Media - Diversified industry.
Industry Median: 11.74
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Galatasaray Sportif Sinai Veticari Yatirimlar AS Interest Coverage Historical Data

The historical data trend for Galatasaray Sportif Sinai Veticari Yatirimlar AS's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Galatasaray Sportif Sinai Veticari Yatirimlar AS Interest Coverage Chart

Galatasaray Sportif Sinai Veticari Yatirimlar AS Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.44 0.20 - -

Galatasaray Sportif Sinai Veticari Yatirimlar AS Quarterly Data
Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Nov22
Interest Coverage 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 0.74 - - - -

Competitive Comparison of Galatasaray Sportif Sinai Veticari Yatirimlar AS's Interest Coverage

For the Entertainment subindustry, Galatasaray Sportif Sinai Veticari Yatirimlar AS's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Galatasaray Sportif Sinai Veticari Yatirimlar AS's Interest Coverage Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Galatasaray Sportif Sinai Veticari Yatirimlar AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Galatasaray Sportif Sinai Veticari Yatirimlar AS's Interest Coverage falls into.



Galatasaray Sportif Sinai Veticari Yatirimlar AS Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Galatasaray Sportif Sinai Veticari Yatirimlar AS's Interest Coverage for the fiscal year that ended in May. 2022 is calculated as

Here, for the fiscal year that ended in May. 2022, Galatasaray Sportif Sinai Veticari Yatirimlar AS's Interest Expense was ₺-523.2 Mil. Its Operating Income was ₺-84.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺2,216.8 Mil.

Galatasaray Sportif Sinai Veticari Yatirimlar AS did not have earnings to cover the interest expense.

Galatasaray Sportif Sinai Veticari Yatirimlar AS's Interest Coverage for the quarter that ended in Nov. 2022 is calculated as

Here, for the three months ended in Nov. 2022, Galatasaray Sportif Sinai Veticari Yatirimlar AS's Interest Expense was ₺-61.4 Mil. Its Operating Income was ₺-293.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺2,345.9 Mil.

Galatasaray Sportif Sinai Veticari Yatirimlar AS did not have earnings to cover the interest expense.

* 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.


Galatasaray Sportif Sinai Veticari Yatirimlar AS  (IST:GSRAY) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Galatasaray Sportif Sinai Veticari Yatirimlar AS Interest Coverage Related Terms

Thank you for viewing the detailed overview of Galatasaray Sportif Sinai Veticari Yatirimlar AS's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.


Galatasaray Sportif Sinai Veticari Yatirimlar AS (IST:GSRAY) Business Description

Traded in Other Exchanges
N/A
Address
Fulya Mah Akinci Bayiri Sok No 8 K 6, Mecidiyekoy, Istanbul, TUR, 34345
Galatasaray Sportif Sinai Veticari Yatirimlar AS is a Turkey-based company engages in the promotion of Galatasaray professional football team. Its activities include sponsorship, production of licensed goods, advertising, public relations and media.

Galatasaray Sportif Sinai Veticari Yatirimlar AS (IST:GSRAY) Headlines

No Headlines