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Goltas Goller Bolgesi Cimentonayi ve Ticaret AS (IST:GOLTS) Interest Expense : ₺-13 Mil (TTM As of Dec. 2024)


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What is Goltas Goller Bolgesi Cimentonayi ve Ticaret AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's interest expense for the three months ended in Dec. 2024 was ₺ 359 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₺-13 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. Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Operating Income for the three months ended in Dec. 2024 was ₺ 342 Mil. Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Interest Expense for the three months ended in Dec. 2024 was ₺ 359 Mil. Goltas Goller Bolgesi Cimentonayi ve Ticaret AS did not have earnings to cover the interest expense. 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.


Goltas Goller Bolgesi Cimentonayi ve Ticaret AS Interest Expense Historical Data

The historical data trend for Goltas Goller Bolgesi 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.

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Goltas Goller Bolgesi Cimentonayi ve Ticaret AS Interest Expense Chart

Goltas Goller Bolgesi Cimentonayi ve Ticaret 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 -34.84 -62.77 -23.50 -20.86 -40.56

Goltas Goller Bolgesi Cimentonayi ve Ticaret 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 400.26 -111.59 -84.06 -176.09 358.84

Goltas Goller Bolgesi Cimentonayi ve Ticaret 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 ₺-13 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.


Goltas Goller Bolgesi Cimentonayi ve Ticaret AS  (IST:GOLTS) 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.

Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Interest Expense for the three months ended in Dec. 2024 was ₺359 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₺342 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₺178 Mil.

Goltas Goller Bolgesi Cimentonayi ve Ticaret AS's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

* 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.


Goltas Goller Bolgesi Cimentonayi ve Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Eski Buyukdere Caddesi, Bulent Tarcan Sokak No.1, Gayrettepe, Istanbul, TUR, 34357
Goltas Goller Bolgesi Cimento Sanayi ve Ticaret AS is involved in manufacturing construction and building materials. It produces Clinker and Cements and Raw materials and Semi-products like Trass, Gypsum, Limestone, Marn and Bauxite.

Goltas Goller Bolgesi Cimentonayi ve Ticaret AS Headlines

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