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Bastas Baskent Cimentonayi ve Ticaret AS (IST:BASCM) Interest Expense : ₺-3 Mil (TTM As of Dec. 2023)


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What is Bastas Baskent Cimentonayi ve Ticaret AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Bastas Baskent Cimentonayi ve Ticaret AS's interest expense for the six months ended in Dec. 2023 was ₺ -3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₺-3 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. Bastas Baskent Cimentonayi ve Ticaret AS's Operating Income for the six months ended in Dec. 2023 was ₺ 811 Mil. Bastas Baskent Cimentonayi ve Ticaret AS's Interest Expense for the six months ended in Dec. 2023 was ₺ -3 Mil. Bastas Baskent Cimentonayi ve Ticaret AS's Interest Coverage for the quarter that ended in Dec. 2023 was 265.71. 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.


Bastas Baskent Cimentonayi ve Ticaret AS Interest Expense Historical Data

The historical data trend for Bastas Baskent Cimentonayi ve Ticaret 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.

Bastas Baskent Cimentonayi ve Ticaret AS Interest Expense Chart

Bastas Baskent Cimentonayi ve Ticaret 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 -1.46 -0.96 -1.13 -2.77 -3.05

Bastas Baskent Cimentonayi ve Ticaret AS Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 -1.46 -0.96 -1.13 -2.77 -3.05

Bastas Baskent Cimentonayi ve Ticaret AS Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₺-3 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.


Bastas Baskent Cimentonayi ve Ticaret AS  (IST:BASCM) 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.

Bastas Baskent Cimentonayi ve Ticaret AS's Interest Expense for the six months ended in Dec. 2023 was ₺-3 Mil. Its Operating Income for the six months ended in Dec. 2023 was ₺811 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was ₺17 Mil.

Bastas Baskent Cimentonayi ve Ticaret AS'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*810.96/-3.052
=265.71

* 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.


Bastas Baskent Cimentonayi ve Ticaret AS (IST:BASCM) Business Description

Traded in Other Exchanges
N/A
Address
Ankara-Samsun Karayolu 35. Km. Elmadag, Ankara, TUR, 06780
Bastas Baskent Cimento Sanayi ve Ticaret AS is engaged in manufacturing building products. Its products include cement, Lime, ready-mix concrete, all kinds of pipe and stones, among others.

Bastas Baskent Cimentonayi ve Ticaret AS (IST:BASCM) Headlines

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