Mega Metalnayi ve Ticaret AS (IST:MEGMT) Interest Expense: ₺-1,152 Mil (TTM As of Mar. 2026)

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IST:MEGMT Mega Metal Sanayi ve Ticaret AS IST:MEGMT
55 GF Score
Price ₺66.00
! 5 Warning Signs
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What is Mega Metalnayi ve Ticaret AS Interest Expense?

Mega Metalnayi ve Ticaret AS IST:MEGMT -2.51% 55 Interest Expense is ₺-1,152 Mil as of Mar. 2026. GuruFocus rates IST:MEGMT with a GF Score™ of 55/100. The stock has 5 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mega Metalnayi ve Ticaret AS's interest expense for the three months ended in Mar. 2026 was ₺ -187 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₺-1,152 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. Mega Metalnayi ve Ticaret AS's Operating Income for the three months ended in Mar. 2026 was ₺ 372 Mil. Mega Metalnayi ve Ticaret AS's Interest Expense for the three months ended in Mar. 2026 was ₺ -187 Mil. Mega Metalnayi ve Ticaret AS's Interest Coverage for the quarter that ended in Mar. 2026 was 1.99. 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.

Mega Metalnayi ve Ticaret AS  (IST:MEGMT) 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.

Mega Metalnayi ve Ticaret AS's Interest Expense for the three months ended in Mar. 2026 was ₺-187 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₺372 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₺2,685 Mil.

Mega Metalnayi ve Ticaret AS's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*371.82/-187.118
=1.99

* 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.

Mega Metalnayi ve Ticaret AS Interest Expense Historical Data

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The historical data trend for Mega Metalnayi 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.

Mega Metalnayi ve Ticaret AS Interest Expense Chart

Mega Metalnayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
Get a 7-Day Free Trial -54.21 -155.78 -331.38 -447.57 -453.41

Mega Metalnayi ve Ticaret AS Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -29.83 -152.52 -753.17 -59.26 -187.12
IST:MEGMT
55GF Score
Mega Metal Sanayi ve Ticaret AS IST:MEGMT
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Mega Metalnayi ve 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-1,152 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₺-1,152 Mil mean?
Mega Metalnayi ve Ticaret AS (IST:MEGMT) has a Interest Expense of ₺-1,152 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mega Metalnayi ve Ticaret AS and its competitors.
Is Mega Metalnayi ve Ticaret AS's Interest Expense too high?
Mega Metalnayi ve Ticaret AS's current Interest Expense is ₺-1,152 Mil. Overall, Mega Metalnayi ve Ticaret AS has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Mega Metalnayi ve Ticaret AS's Interest Expense compare to VRT and BE?
Mega Metalnayi ve Ticaret AS's Interest Expense of ₺-1,152 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Industrial Products company?
A good Interest Expense depends on the Industrial Products industry context. However, Interest Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mega Metalnayi ve Ticaret AS and its competitors. Mega Metalnayi ve Ticaret AS's current Interest Expense is ₺-1,152 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Metalnayi ve Ticaret AS stock overvalued right now?
Mega Metalnayi ve Ticaret AS (IST:MEGMT) has a current Interest Expense of ₺-1,152 Mil. The current Interest Expense is ₺-1,152 Mil. Mega Metalnayi ve Ticaret AS's overall GF Score™ is 55/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Mega Metalnayi ve Ticaret AS (IST:MEGMT), the current Interest Expense is ₺-1,152 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mega Metalnayi ve Ticaret AS Business Description

Address Kayseri OSB District 12, Cadde No: 61, Kayseri, TUR
Mega Metal Sanayi ve Ticaret AS is a company produces electrolytic copper wire with conductive properties for low current in its production facilities located in Kayseri OSB with an annual melting capacity of forty eight thousand tons. The copper wire that makes up the products produced by Mega Metal is in the form of oxygen-free electrolytic copper wire with low current sectors. The products produced by the company are produced as bare or tin alloyed. The product range is generally bare or tinned which consists of Mono Wire, Multi-Wire Products, Stranded Wires and Coil Wires. The products it produces are used in various sectors such as electrical, electronics, communications, energy, defense and automotive industries.
55GF Score

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