Derluks Yatirim Holding AS (IST:DERHL) Interest Expense : ₺-103 Mil (TTM As of Dec. 2023)

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What is Derluks Yatirim Holding AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Derluks Yatirim Holding AS's interest expense for the three months ended in Dec. 2023 was ₺ -77 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₺-103 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. Derluks Yatirim Holding AS's Operating Income for the three months ended in Dec. 2023 was ₺ 73 Mil. Derluks Yatirim Holding AS's Interest Expense for the three months ended in Dec. 2023 was ₺ -77 Mil. Derluks Yatirim Holding AS's Interest Coverage for the quarter that ended in Dec. 2023 was 0.94. 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.

Derluks Yatirim Holding AS Interest Expense Historical Data

The historical data trend for Derluks 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.

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Derluks Yatirim Holding AS Interest Expense Chart

Derluks Yatirim Holding AS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-5.62

-3.06

-2.11

-61.12

-103.26

Derluks Yatirim 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															-49.49	-7.83	-7.89	-10.19	-77.36

Derluks 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-103 Mil.

Derluks Yatirim Holding AS (IST:DERHL) 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.

Derluks Yatirim Holding AS's Interest Expense for the three months ended in Dec. 2023 was ₺-77 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₺73 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₺321 Mil.

Derluks Yatirim Holding 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	*	72.838	/	-77.358
	=	0.94

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Derluks Yatirim Holding AS interest coverage is 1.34, which is low.

Derluks Yatirim Holding AS (IST:DERHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Derluks Yatirim Holding AS (IST:DERHL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kazlicesme Mahallesi, Demirhane Caddesi, Haci Resit Bey Sokak No:11, Istanbul, TUR, 34020

Website

http://www.derluksleather.com

Derluks Yatirim Holding AS is a Turkey-based company focused on the leather industry. It is involved in manufacturing, buying, selling, importing, and exporting leather garments, leather accessories used in products for men, women, and children.

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