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Emlak Konut Gayrimenkul Yatirim Ortakligi AS (IST:EKGYO) Interest Expense : ₺-1,836 Mil (TTM As of Dec. 2024)


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What is Emlak Konut Gayrimenkul Yatirim Ortakligi AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Emlak Konut Gayrimenkul Yatirim Ortakligi AS's interest expense for the three months ended in Dec. 2024 was ₺ -1,048 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₺-1,836 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. Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Operating Income for the three months ended in Dec. 2024 was ₺ 1,555 Mil. Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Interest Expense for the three months ended in Dec. 2024 was ₺ -1,048 Mil. Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Interest Coverage for the quarter that ended in Dec. 2024 was 1.48. 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.


Emlak Konut Gayrimenkul Yatirim Ortakligi AS Interest Expense Historical Data

The historical data trend for Emlak Konut Gayrimenkul Yatirim Ortakligi 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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Emlak Konut Gayrimenkul Yatirim Ortakligi AS Interest Expense Chart

Emlak Konut Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -485.47 -605.36 -1,742.76 -2,030.94 -1,981.01

Emlak Konut Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -323.43 -342.81 -166.46 -278.56 -1,047.88

Emlak Konut Gayrimenkul Yatirim Ortakligi 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-1,836 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.


Emlak Konut Gayrimenkul Yatirim Ortakligi AS  (IST:EKGYO) 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.

Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Interest Expense for the three months ended in Dec. 2024 was ₺-1,048 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₺1,555 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₺19 Mil.

Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*1554.612/-1047.884
=1.48

* 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.


Emlak Konut Gayrimenkul Yatirim Ortakligi AS Business Description

Traded in Other Exchanges
N/A
Address
Barbaros Mahallesi, Mor Sumbul Sokak No :7/2 B, Atasehir, Istanbul, TUR
Emlak Konut Gayrimenkul Yatirim Ortakligi AS, or Emlak Konut REIT, is a Turkish real estate investment trust of which the main shareholder is the Turkish government through the Housing Development Administration of Turkey. The company is primarily engaged in the development and leasing of housing units in urban areas throughout Turkey. Emlak Konut primarily focuses on purchasing and developing real estate projects, such as apartments and townhomes, aimed at middle and upper-middle-class income groups. The vast majority of the company's total revenue is derived from revenue sharing projects in which property income is shared between multiple contractors. The maximum of the leases that Emlak Konut receives rental revenue from are short- to medium-term leases.

Emlak Konut Gayrimenkul Yatirim Ortakligi AS Headlines

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