Despec Bilgisayar Pazarlama ve Ticaret (IST:DESPC) Interest Expense : ₺-398 Mil (TTM As of Dec. 2023)

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What is Despec Bilgisayar Pazarlama ve Ticaret Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Despec Bilgisayar Pazarlama ve Ticaret's interest expense for the three months ended in Dec. 2023 was ₺ -143 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₺-398 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. Despec Bilgisayar Pazarlama ve Ticaret's Operating Income for the three months ended in Dec. 2023 was ₺ 52 Mil. Despec Bilgisayar Pazarlama ve Ticaret's Interest Expense for the three months ended in Dec. 2023 was ₺ -143 Mil. Despec Bilgisayar Pazarlama ve Ticaret's Interest Coverage for the quarter that ended in Dec. 2023 was 0.36. 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.

Despec Bilgisayar Pazarlama ve Ticaret Interest Expense Historical Data

The historical data trend for Despec Bilgisayar Pazarlama ve Ticaret'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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Despec Bilgisayar Pazarlama ve Ticaret Interest Expense Chart

Despec Bilgisayar Pazarlama ve Ticaret Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-6.55

-16.91

-30.99

-153.91

-377.84

Despec Bilgisayar Pazarlama ve Ticaret 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															-90.67	-51.53	-69.17	-133.77	-143.13

Despec Bilgisayar Pazarlama ve Ticaret 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 ₺-398 Mil.

Despec Bilgisayar Pazarlama ve Ticaret (IST:DESPC) 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.

Despec Bilgisayar Pazarlama ve Ticaret's Interest Expense for the three months ended in Dec. 2023 was ₺-143 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₺52 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₺0 Mil.

Despec Bilgisayar Pazarlama ve Ticaret'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	*	51.887	/	-143.132
	=	0.36

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

Despec Bilgisayar Pazarlama ve Ticaret (IST:DESPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Despec Bilgisayar Pazarlama ve Ticaret (IST:DESPC) » Definitions » Interest Expense

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Address

Merkez Mahallesi Erseven Sokak. No:8/3, Kagithane, Istanbul, TUR, 34406

Website

http://www.despec.com.tr

Despec Bilgisayar Pazarlama ve Ticaret offers distribution services for almost all kinds of information technology consumption products to computer companies and office supply stores countrywide in Turkey through its well-organized distribution network. It offers products such as toner, ink cartridge, printer tape, backup products, paper products, accessories, and others. A major part of the group's sales consists of HP products (especially printer toners and cartridges). Other products distributed by the company are of brands of Canon, Samsung, Steelseries, Epson, Oki, Xerox, IBM, Emtec, Lexmark, Trust, Targus, Jabra, Toshiba, and Apple. Geographically, all the activities are functioned through the region of Turkey.

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