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Koza Altin Izletmeleri AS (IST:KOZAL) Interest Expense : ₺-46 Mil (TTM As of Dec. 2023)


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What is Koza Altin Izletmeleri AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Koza Altin Izletmeleri AS's interest expense for the three months ended in Dec. 2023 was ₺ -15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₺-46 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. Koza Altin Izletmeleri AS's Operating Income for the three months ended in Dec. 2023 was ₺ 494 Mil. Koza Altin Izletmeleri AS's Interest Expense for the three months ended in Dec. 2023 was ₺ -15 Mil. Koza Altin Izletmeleri AS's Interest Coverage for the quarter that ended in Dec. 2023 was 31.86. 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.


Koza Altin Izletmeleri AS Interest Expense Historical Data

The historical data trend for Koza Altin Izletmeleri 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.

Koza Altin Izletmeleri AS Interest Expense Chart

Koza Altin Izletmeleri AS Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -46.97

Koza Altin Izletmeleri AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.44 -4.84 -12.91 -12.31 -15.50

Koza Altin Izletmeleri 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-46 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.


Koza Altin Izletmeleri AS  (IST:KOZAL) 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.

Koza Altin Izletmeleri AS's Interest Expense for the three months ended in Dec. 2023 was ₺-15 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₺494 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₺6 Mil.

Koza Altin Izletmeleri 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*493.659/-15.495
=31.86

* 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.


Koza Altin Izletmeleri AS (IST:KOZAL) Business Description

Traded in Other Exchanges
N/A
Address
?stanbul Yolu, 10.km, No:310, Bat?kent, Ankara, TUR
Koza Altin Izletmeleri AS is a Turkey-based gold production company. The company has over 200 exploration licenses throughout Turkey the Aegean and Marmara regions, the Black Sea region, and Central and Eastern Anatolia. The company owns four operating mines, including an underground mine at Ovacik, a mine in Cukuralan that utilises both underground and open pit mining methods, and an open pit mine at Kaymaz. The company also has feasibility stage projects located near Agri in northeast Turkey and projects in the middle of Turkey.

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