Koton Magazacilik Tekstilnayi Ve Ticaret AS (IST:KOTON) Interest Expense : ₺ Mil (TTM As of Dec. 2023)

View and export this data going back to 2024. Start your Free Trial

What is Koton Magazacilik Tekstilnayi Ve Ticaret AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Koton Magazacilik Tekstilnayi Ve Ticaret AS's interest expense for the six months ended in Dec. 2023 was ₺ -1,593 Mil. Koton Magazacilik Tekstilnayi Ve Ticaret AS does not have enough years/quarters to calculate its interest expense for the trailing twelve months (TTM) ended in Dec. 2023.

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. Koton Magazacilik Tekstilnayi Ve Ticaret AS's Operating Income for the six months ended in Dec. 2023 was ₺ 1,687 Mil. Koton Magazacilik Tekstilnayi Ve Ticaret AS's Interest Expense for the six months ended in Dec. 2023 was ₺ -1,593 Mil. Koton Magazacilik Tekstilnayi Ve Ticaret AS's Interest Coverage for the quarter that ended in Dec. 2023 was 1.06. 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.

Koton Magazacilik Tekstilnayi Ve Ticaret AS Interest Expense Historical Data

The historical data trend for Koton Magazacilik Tekstilnayi 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.

* Premium members only.

Koton Magazacilik Tekstilnayi Ve Ticaret AS Interest Expense Chart

Koton Magazacilik Tekstilnayi Ve Ticaret AS Annual Data

Trend

Dec21

Dec22

Dec23

Interest Expense

-1,746.88

-1,459.96

-1,593.36

Koton Magazacilik Tekstilnayi Ve Ticaret AS Semi-Annual Data
	Dec21	Dec22	Dec23
Interest Expense	-1,746.88	-1,459.96	-1,593.36

Koton Magazacilik Tekstilnayi Ve Ticaret AS Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Koton Magazacilik Tekstilnayi Ve Ticaret AS (IST:KOTON) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Koton Magazacilik Tekstilnayi Ve Ticaret AS's Interest Expense for the six months ended in Dec. 2023 was ₺-1,593 Mil. Its Operating Income for the six months ended in Dec. 2023 was ₺1,687 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was ₺1,478 Mil.

Koton Magazacilik Tekstilnayi Ve Ticaret AS's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	1686.739	/	-1593.362
	=	1.06

The higher the ratio, the stronger the company's financial strength is.

Koton Magazacilik Tekstilnayi Ve Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Koton Magazacilik Tekstil Sanayi Ve Ticaret AS (IST:KOTON) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ayazaga Street, No:3, Ic Kapi No:5, Ayazaga District, Istanbul, TUR

Website

https://www.kurumsal.koton.com.tr

Koton Magazacilik Tekstil Sanayi Ve Ticaret AS is a Fashion company that has grown into a regional retail ready-to-wear company that designs and sells Koton branded products in four continents. Its field of activity is to design and produce all kinds of textile and accessory products and to sell stores (retail sales) operated by itself or by Franchisees at home and abroad, through its website koton.com and the Company's mobile application. e-commerce channel, including local and international online marketplaces.

Koton Magazacilik Tekstilnayi Ve Ticaret AS Headlines

No Headlines