Alarko Holding AS (IST:ALARK) Interest Expense : ₺-851 Mil (TTM As of Dec. 2023)

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What is Alarko Holding AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Alarko Holding AS's interest expense for the three months ended in Dec. 2023 was ₺ -385 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₺-851 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. Alarko Holding AS's Operating Income for the three months ended in Dec. 2023 was ₺ -450 Mil. Alarko Holding AS's Interest Expense for the three months ended in Dec. 2023 was ₺ -385 Mil. Alarko 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.

Alarko Holding AS Interest Expense Historical Data

The historical data trend for Alarko 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.

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Alarko Holding AS Interest Expense Chart

Alarko Holding AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-38.12

-37.89

-34.84

-129.95

-851.45

Alarko Holding AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-98.78	-19.50	-325.81	-120.82	-385.32

Alarko 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-851 Mil.

Alarko Holding AS (IST:ALARK) 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.

Alarko Holding AS's Interest Expense for the three months ended in Dec. 2023 was ₺-385 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₺-450 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₺572 Mil.

Alarko Holding AS's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Alarko Holding AS did not have earnings to cover the interest expense.

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

Alarko Holding AS (IST:ALARK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Alarko Holding AS (IST:ALARK) » Definitions » Interest Expense

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Traded in Other Exchanges

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Address

Muallim Naci Caddesi No. 69, Ortakoy, Istanbul, TUR, 34347

Website

https://www.alarko.com.tr

Alarko Holding AS is a holding company consisting of companies that operate in contracting, construction, land development, industry, trade, tourism, and energy. The company's segments include holding, tourism, industry and merchandising, energy, contracting/land development. Its contracting group operates as a general contractor in Turkey and abroad and carries out airport and rail system projects, large scale infrastructure works, constructions of industrial plants, hospitals, and other such projects. The majority of the revenue is derived from the contracting and land development segment.

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