Galata Investment Co AD (XBUL:GTH) Interest Expense : лв-0.00 Mil (TTM As of Mar. 2024)

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What is Galata Investment Co AD Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Galata Investment Co AD's interest expense for the three months ended in Mar. 2024 was лв 0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was лв-0.00 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. Galata Investment Co AD's Operating Income for the three months ended in Mar. 2024 was лв 0.02 Mil. Galata Investment Co AD's Interest Expense for the three months ended in Mar. 2024 was лв 0.00 Mil. Galata Investment Co AD has no long-term debt ⁽¹⁾. 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.

(1) Note: An indication of "no long-term 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.

Galata Investment Co AD Interest Expense Historical Data

The historical data trend for Galata Investment Co AD'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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Galata Investment Co AD Interest Expense Chart

Galata Investment Co AD Annual Data

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Interest Expense

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-0.01

Galata Investment Co AD Quarterly Data
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Galata Investment Co AD 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was лв-0.00 Mil.

Galata Investment Co AD (XBUL:GTH) 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.

Galata Investment Co AD's Interest Expense for the three months ended in Mar. 2024 was лв0.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was лв0.02 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was лв0.00 Mil.

Galata Investment Co AD's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Galata Investment Co AD had no long-term debt ⁽¹⁾.

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

Galata Investment Co AD (XBUL:GTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Galata Investment Co AD (XBUL:GTH) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

1 Georgi Stamatov Street, Asparuhovo, Varna, BGR, 9003

Website

http://www.gic.bg

Galata Investment Co AD is engaged in the real estate sector. The company is engaged in the buying and selling real estate and letting of its own real estates.