Kron Teknoloji AS (IST:KRONT) Interest Expense : ₺-11.2 Mil (TTM As of Sep. 2024)

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What is Kron Teknoloji AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Kron Teknoloji AS's interest expense for the three months ended in Sep. 2024 was ₺ -2.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2024 was ₺-11.2 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. Kron Teknoloji AS's Operating Income for the three months ended in Sep. 2024 was ₺ -18.5 Mil. Kron Teknoloji AS's Interest Expense for the three months ended in Sep. 2024 was ₺ -2.2 Mil. Kron Teknoloji 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.

Kron Teknoloji AS Interest Expense Historical Data

The historical data trend for Kron Teknoloji 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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Kron Teknoloji AS Interest Expense Chart

Kron Teknoloji AS Annual Data

Trend

Dec14

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Dec23

Interest Expense

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-2.42

-3.17

-2.01

-12.14

-13.21

Kron Teknoloji AS Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Interest Expense	Get a 7-Day Free Trial															-2.39	-1.49	-6.03	-1.50	-2.17

Kron Teknoloji 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-11.2 Mil.

Kron Teknoloji AS (IST:KRONT) 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.

Kron Teknoloji AS's Interest Expense for the three months ended in Sep. 2024 was ₺-2.2 Mil. Its Operating Income for the three months ended in Sep. 2024 was ₺-18.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2024 was ₺28.7 Mil.

Kron Teknoloji AS's Interest Coverage for the quarter that ended in Sep. 2024 is calculated as

Kron Teknoloji AS did not have earnings to cover the interest expense.

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

Kron Teknoloji AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kron Teknoloji AS (IST:KRONT) » Definitions » Interest Expense

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Address

Bilkent CyberPark C Blok No: 321 Bilkent, Istanbul, TUR, 34805

Website

https://www.kron.com.tr

Kron Teknoloji AS produces high technology solutions for the operational efficiency and security needs of corporate enterprises in finance, energy and health sectors, particularly in telecommunications. It offers advanced technology software products for the needs of medium and large size enterprises in the areas of service activation, quality assurance systems, ICT (Information and Communication Technology) Access Control Systems, high performance real-time data processing, and next generation security and audit.

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