GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS (IST:GRSEL) » Definitions » Interest Expense

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS (IST:GRSEL) Interest Expense : ₺-333 Mil (TTM As of Jun. 2024)


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What is Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's interest expense for the three months ended in Jun. 2024 was ₺ -56 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2024 was ₺-333 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. Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Operating Income for the three months ended in Jun. 2024 was ₺ 334 Mil. Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Interest Expense for the three months ended in Jun. 2024 was ₺ -56 Mil. Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Interest Coverage for the quarter that ended in Jun. 2024 was 5.99. 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.

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS Interest Expense Historical Data

The historical data trend for Gur-Sel Turizm Tasimacilik ve Servis 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.

* Premium members only.

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS Interest Expense Chart

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial -14.04 -15.99 -14.98 -109.01 -227.08

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -50.36 -49.42 -130.51 -97.12 -55.78

Gur-Sel Turizm Tasimacilik ve Servis 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-333 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.

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS  (IST:GRSEL) 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.

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Interest Expense for the three months ended in Jun. 2024 was ₺-56 Mil. Its Operating Income for the three months ended in Jun. 2024 was ₺334 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2024 was ₺154 Mil.

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS's Interest Coverage for the quarter that ended in Jun. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2024 )/Interest Expense (Q: Jun. 2024 )
=-1*334.21/-55.776
=5.99

* 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.

Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS (IST:GRSEL) » Definitions » Interest Expense
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Traded in Other Exchanges
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Address
Orta Mah. Bektas Sk. No:1, Kartal, Instanbul, TUR, 34880
Website
https://www.gurseltur.com.tr
Gur-Sel Turizm Tasimacilik ve Servis Ticaret AS provides transportation solutions mainly for personnel and student transportation. Its offerings include Personnel Transportation, Student Transportation, Private Vip Transportation, Urban Transportation, and Intercity Transportation.

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