BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi (IST:BMSTL) Interest Expense : ₺-43 Mil (TTM As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's interest expense for the three months ended in Dec. 2023 was ₺ -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₺-43 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. BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Operating Income for the three months ended in Dec. 2023 was ₺ 40 Mil. BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Interest Expense for the three months ended in Dec. 2023 was ₺ -16 Mil. BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Interest Coverage for the quarter that ended in Dec. 2023 was 2.51. 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.

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Interest Expense Historical Data

The historical data trend for BMS Birlesik Metalnayi 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.

* Premium members only.

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Interest Expense Chart

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-23.52

-20.24

-33.80

-33.81

-43.36

BMS Birlesik Metalnayi 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								-10.11	-9.21	-8.85	-9.19	-16.11

BMS Birlesik Metalnayi 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 ₺-43 Mil.

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi (IST:BMSTL) 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.

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Interest Expense for the three months ended in Dec. 2023 was ₺-16 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₺40 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₺167 Mil.

BMS Birlesik Metalnayi 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	*	40.464	/	-16.11
	=	2.51

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

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi (IST:BMSTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » BMS Birlesik Metal Sanayi ve Ticaret Anonim Sirketi (IST:BMSTL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Merdivenkoy Mah. Bora Sok., No. 1 Floor 2/6, Kadikoy, Istanbul, TUR

Website

https://www.bmstel.com.tr

BMS Birlesik Metal Sanayi ve Ticaret Anonim Sirketi is engaged in galvanized steel wire manufacturing. Its products include armouring wire, hot-dip wire, flat wire among others.

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi (IST:BMSTL) Headlines

No Headlines