GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Ozderici Gayrimenkul Yatirim Ortakligi AS (IST:OZGYO) » Definitions » Interest Expense

Ozderici Gayrimenkul Yatirim Ortakligi AS (IST:OZGYO) Interest Expense : ₺-2.50 Mil (TTM As of Sep. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Ozderici Gayrimenkul Yatirim Ortakligi AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Ozderici Gayrimenkul Yatirim Ortakligi AS's interest expense for the three months ended in Sep. 2023 was ₺ -0.45 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2023 was ₺-2.50 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. Ozderici Gayrimenkul Yatirim Ortakligi AS's Operating Income for the three months ended in Sep. 2023 was ₺ 5.03 Mil. Ozderici Gayrimenkul Yatirim Ortakligi AS's Interest Expense for the three months ended in Sep. 2023 was ₺ -0.45 Mil. Ozderici Gayrimenkul Yatirim Ortakligi AS's Interest Coverage for the quarter that ended in Sep. 2023 was 11.13. 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.


Ozderici Gayrimenkul Yatirim Ortakligi AS Interest Expense Historical Data

The historical data trend for Ozderici Gayrimenkul Yatirim Ortakligi 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.

Ozderici Gayrimenkul Yatirim Ortakligi AS Interest Expense Chart

Ozderici Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.61 -20.22 -6.61 -1.84 -1.86

Ozderici Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.41 -0.43 -0.25 -1.37 -0.45

Ozderici Gayrimenkul Yatirim Ortakligi 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-2.50 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.


Ozderici Gayrimenkul Yatirim Ortakligi AS  (IST:OZGYO) 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.

Ozderici Gayrimenkul Yatirim Ortakligi AS's Interest Expense for the three months ended in Sep. 2023 was ₺-0.45 Mil. Its Operating Income for the three months ended in Sep. 2023 was ₺5.03 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Sep. 2023 was ₺0.29 Mil.

Ozderici Gayrimenkul Yatirim Ortakligi AS's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*5.031/-0.452
=11.13

* 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.


Ozderici Gayrimenkul Yatirim Ortakligi AS (IST:OZGYO) Business Description

Traded in Other Exchanges
N/A
Address
Buyukdere Street Building Loan Plaza C Block, Floor 9, Levent, Istanbul, TUR, 34330
Ozderici Gayrimenkul Yatirim Ortakligi AS is a Turkey-based real estate investment trust involved in the real estate development projects. The projects of the company include Nuvo Dragos, Zeytinburnu Akevler Siteleri, Akatlar Ozderici Bloklari, Yapi Kredi Plaza'da Ofis and Bayrampasa 5 Adet Is Merkezi.

Ozderici Gayrimenkul Yatirim Ortakligi AS (IST:OZGYO) Headlines

No Headlines