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Akdeniz Yatirim Holding AS (IST:AKYHO) Interest Expense : ₺-16.02 Mil (TTM As of Sep. 2024)


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What is Akdeniz Yatirim Holding AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Akdeniz Yatirim Holding AS's interest expense for the three months ended in Sep. 2024 was ₺ -0.83 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₺-16.02 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. Akdeniz Yatirim Holding AS's Operating Income for the three months ended in Sep. 2024 was ₺ -9.64 Mil. Akdeniz Yatirim Holding AS's Interest Expense for the three months ended in Sep. 2024 was ₺ -0.83 Mil. Akdeniz Yatirim Holding AS did not have earnings to cover the interest expense. 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.


Akdeniz Yatirim Holding AS Interest Expense Historical Data

The historical data trend for Akdeniz Yatirim Holding 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.

Akdeniz Yatirim Holding AS Interest Expense Chart

Akdeniz Yatirim Holding AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.19 -1.67 -1.87 -10.44 -15.66

Akdeniz Yatirim Holding AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -6.24 -5.14 -1.37 -8.68 -0.83

Akdeniz Yatirim Holding 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-16.02 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.


Akdeniz Yatirim Holding AS  (IST:AKYHO) 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.

Akdeniz Yatirim Holding AS's Interest Expense for the three months ended in Sep. 2024 was ₺-0.83 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₺-9.64 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₺21.37 Mil.

Akdeniz Yatirim Holding AS's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Akdeniz Yatirim Holding 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.


Akdeniz Yatirim Holding AS Business Description

Traded in Other Exchanges
N/A
Address
Mahmutbey Mahallesi Tasocagi yolu, Cad. Balance Gunesli No: 19/6, D: 16, Bagcilar, Istanbull, TUR, 34218
Akdeniz Yatirim Holding AS, formerly Akdeniz Guvenlik Hizmetleri A.S. is engaged in the provision of security services. The company provides 24-hour security services for public institutions and organizations, a number of workplaces, housing, facilities, and plazas, among others.

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