Platform Turizm Tasimacilik (IST:PLTUR) Interest Expense : ₺-125 Mil (TTM As of Sep. 2023)

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What is Platform Turizm Tasimacilik Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Platform Turizm Tasimacilik's interest expense for the three months ended in Sep. 2023 was ₺ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₺-125 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. Platform Turizm Tasimacilik's Operating Income for the three months ended in Sep. 2023 was ₺ 306 Mil. Platform Turizm Tasimacilik's Interest Expense for the three months ended in Sep. 2023 was ₺ -6 Mil. Platform Turizm Tasimacilik's Interest Coverage for the quarter that ended in Sep. 2023 was 48.80. 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.

Platform Turizm Tasimacilik Interest Expense Historical Data

The historical data trend for Platform Turizm Tasimacilik'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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Platform Turizm Tasimacilik Interest Expense Chart

Platform Turizm Tasimacilik Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Interest Expense

-33.59

-36.93

-71.30

-92.95

Platform Turizm Tasimacilik Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Interest Expense	Get a 7-Day Free Trial						-31.15	-19.23	-22.02	-77.30	-6.28

Platform Turizm Tasimacilik 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 ₺-125 Mil.

Platform Turizm Tasimacilik (IST:PLTUR) 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.

Platform Turizm Tasimacilik's Interest Expense for the three months ended in Sep. 2023 was ₺-6 Mil. Its Operating Income for the three months ended in Sep. 2023 was ₺306 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was ₺147 Mil.

Platform Turizm Tasimacilik'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	*	306.368	/	-6.278
	=	48.80

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

Platform Turizm Tasimacilik (IST:PLTUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Platform Turizm Tasimacilik (IST:PLTUR) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yenidogan Mah. Kizilay Sok, No. 39 Floor 1 Bayrampa?a, Istanbul, TUR

Website

https://www.platformturizm.com

Platform Turizm Tasimacilik operate in the fields of personnel transportation and fleet leasing, It provide services in domestic and international public transportation, construction and cleaning works.

Platform Turizm Tasimacilik (IST:PLTUR) Headlines

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