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Turkiye Garanti Bankasi AS (IST:GARAN) Interest Expense : ₺-351,189 Mil (TTM As of Sep. 2024)


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What is Turkiye Garanti Bankasi AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Turkiye Garanti Bankasi AS's interest expense for the three months ended in Sep. 2024 was ₺ -115,617 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₺-351,189 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. Turkiye Garanti Bankasi AS's Operating Income for the three months ended in Sep. 2024 was ₺ Mil. Turkiye Garanti Bankasi AS's Interest Expense for the three months ended in Sep. 2024 was ₺ Mil. 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.


Turkiye Garanti Bankasi AS Interest Expense Historical Data

The historical data trend for Turkiye Garanti Bankasi 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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Turkiye Garanti Bankasi AS Interest Expense Chart

Turkiye Garanti Bankasi 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 -21,372.20 -14,000.69 -24,128.43 -44,708.34 -147,200.19

Turkiye Garanti Bankasi AS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -39,130.53 -62,321.87 -79,559.22 -93,691.49 -115,616.53

Turkiye Garanti Bankasi 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-351,189 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.


Turkiye Garanti Bankasi AS Business Description

Traded in Other Exchanges
Address
Levent Nispetiye Mah. Aytar Cad. No: 2, Besiktas, Istanbul, TUR, 34340
Turkiye Garanti Bankasi AS is an integrated financial services group operating predominantly in Turkey but with subsidiaries in the Netherlands, Russia, and Romania. It is a full-service bank offering corporate, commercial, retail, private, small to midsize enterprise, and investment banking services. Other financial services include insurance, leasing, brokerage, and asset management services. The bank's strategy emphasizes customer service. The vast majority of its earning assets consist of loans, with a strong positioning in consumer loans, mortgages, and auto loans. The company loan portfolio is diversified across various industries, notably real estate and rental services, wholesale and retail trade, and the production industries.

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