Net Holding AS (IST:NTHOL) Interest Expense : ₺-718 Mil (TTM As of Dec. 2023)

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What is Net Holding AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Net Holding AS's interest expense for the three months ended in Dec. 2023 was ₺ -379 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₺-718 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. Net Holding AS's Operating Income for the three months ended in Dec. 2023 was ₺ 291 Mil. Net Holding AS's Interest Expense for the three months ended in Dec. 2023 was ₺ -379 Mil. Net Holding AS's Interest Coverage for the quarter that ended in Dec. 2023 was 0.77. 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.

Net Holding AS Interest Expense Historical Data

The historical data trend for Net Holding 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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Net Holding AS Interest Expense Chart

Net Holding AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-156.47

-164.97

-226.27

-606.78

-717.58

Net Holding 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															-361.35	-94.34	-113.09	-130.99	-379.16

Net Holding 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 ₺-718 Mil.

Net Holding AS (IST:NTHOL) 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.

Net Holding AS's Interest Expense for the three months ended in Dec. 2023 was ₺-379 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₺291 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₺1,237 Mil.

Net Holding 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	*	290.853	/	-379.16
	=	0.77

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

Net Holding AS (IST:NTHOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Net Holding AS (IST:NTHOL) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bade sokak. No. 9, Besiktas Etiler, Istanbul, TUR, 34337

Website

https://www.netholding.com

Net Holding AS is a Turkey-based holding company which mainly provides tourism services. It manages its business through five reportable segments, namely, tourism, finance, publication, holding and others. As a tourism company, its major revenues come from the tourism segment. The tourism segment comprises of hotel and accommodation, touristic shopping, managing duty-free shops and car rentals. Through the publishing segment, the company publishes books and runs bookstores. The Holding segment refers to the company's business of managing its net group of companies and the other segment provides construction and agriculture-related services. The company's geographical segments are TRNC(Turkish Republic of Northern Cyprus), Croatia, Montenegro, Bulgaria, and Turkey.

Net Holding AS (IST:NTHOL) Headlines

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