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Ingram Micro Bilisim Sistemleri AS (IST:INGRM) Interest Expense : ₺-177 Mil (TTM As of Mar. 2024)


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What is Ingram Micro Bilisim Sistemleri AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ingram Micro Bilisim Sistemleri AS's interest expense for the three months ended in Mar. 2024 was ₺ -57 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₺-177 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. Ingram Micro Bilisim Sistemleri AS's Operating Income for the three months ended in Mar. 2024 was ₺ 188 Mil. Ingram Micro Bilisim Sistemleri AS's Interest Expense for the three months ended in Mar. 2024 was ₺ -57 Mil. Ingram Micro Bilisim Sistemleri AS's Interest Coverage for the quarter that ended in Mar. 2024 was 3.33. 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.

Ingram Micro Bilisim Sistemleri AS Interest Expense Historical Data

The historical data trend for Ingram Micro Bilisim Sistemleri 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.

Ingram Micro Bilisim Sistemleri AS Interest Expense Chart

Ingram Micro Bilisim Sistemleri 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 -19.41 -18.74 -22.75 -57.73 -150.02

Ingram Micro Bilisim Sistemleri AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -30.04 -37.06 -33.33 -49.59 -56.53

Ingram Micro Bilisim Sistemleri 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-177 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.

Ingram Micro Bilisim Sistemleri AS  (IST:INGRM) 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.

Ingram Micro Bilisim Sistemleri AS's Interest Expense for the three months ended in Mar. 2024 was ₺-57 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₺188 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₺796 Mil.

Ingram Micro Bilisim Sistemleri AS's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*188.305/-56.53
=3.33

* 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.

Ingram Micro Bilisim Sistemleri AS (IST:INGRM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ingram Micro Bilisim Sistemleri AS (IST:INGRM) » Definitions » Interest Expense
Comparable Companies
IST:PENTA IST:ARENA IST:DGATE IST:DESPC SNX SZSE:000938 TSE:4768 ARW XPAR:RXL NSIT AVT TPE:3702 TPE:2347 XSWX:ALSN TSE:3132 TPE:2354 SZSE:002402 TSE:3107 SZSE:000062 CNXN
Traded in Other Exchanges
N/A
Address
Ayazaga mah Azerbaycan Cad 2B, No: 3 K KapI No: 21, Sar?yer, Istanbul, TUR, 34485
Website
https://www.armada.com.tr/eng
Ingram Micro Bilisim Sistemleri AS is a Turkey-based distribution company active in the information technology sector. It engages in the distribution of value-added products in the field of information technology. Its products include computers, servers, storage, virtualization, security computer networking, industrial portable terminals, barcode readers, mobile products, and original equipment manufacturer products.

Ingram Micro Bilisim Sistemleri AS (IST:INGRM) Headlines

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