Seranit Granit Seramiknayi ve Ticaret AS (IST:SERNT) Interest Expense: ₺-1,258 Mil (TTM As of Mar. 2026)


IST:SERNT Seranit Granit Seramik Sanayi ve Ticaret AS IST:SERNT
9 GF Score
Price ₺9.66
! 8 Warning Signs
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What is Seranit Granit Seramiknayi ve Ticaret AS Interest Expense?

Seranit Granit Seramiknayi ve Ticaret AS IST:SERNT -2.33% 9 Interest Expense is ₺-1,258 Mil as of Mar. 2026. GuruFocus rates IST:SERNT with a GF Score™ of 9/100. The stock has 8 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Seranit Granit Seramiknayi ve Ticaret AS's interest expense for the three months ended in Mar. 2026 was ₺ -246 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₺-1,258 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. Seranit Granit Seramiknayi ve Ticaret AS's Operating Income for the three months ended in Mar. 2026 was ₺ -10 Mil. Seranit Granit Seramiknayi ve Ticaret AS's Interest Expense for the three months ended in Mar. 2026 was ₺ -246 Mil. Seranit Granit Seramiknayi ve Ticaret 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.

Seranit Granit Seramiknayi ve Ticaret AS  (IST:SERNT) 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.

Seranit Granit Seramiknayi ve Ticaret AS's Interest Expense for the three months ended in Mar. 2026 was ₺-246 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₺-10 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₺3,044 Mil.

Seranit Granit Seramiknayi ve Ticaret AS's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Seranit Granit Seramiknayi ve Ticaret AS did not have earnings to cover the interest expense.

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Seranit Granit Seramik Sanayi ve Ticaret ASs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Seranit Granit Seramiknayi ve Ticaret AS Interest Expense Historical Data

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The historical data trend for Seranit Granit Seramiknayi 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.

Seranit Granit Seramiknayi ve Ticaret AS Interest Expense Chart

Seranit Granit Seramiknayi ve Ticaret AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Interest Expense
-3,625.76 -2,233.42 -1,573.82 -1,830.64 -1,590.78

Seranit Granit Seramiknayi ve Ticaret AS Quarterly Data
Dec21 Dec22 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 -642.70 -325.66 -305.80 -380.36 -246.06
IST:SERNT
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Seranit Granit Seramik Sanayi ve Ticaret AS IST:SERNT
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Seranit Granit Seramiknayi 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 ₺-1,258 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 ₺-1,258 Mil mean?
Seranit Granit Seramiknayi ve Ticaret AS (IST:SERNT) has a Interest Expense of ₺-1,258 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Seranit Granit Seramiknayi ve Ticaret AS and its competitors.
Is Seranit Granit Seramiknayi ve Ticaret AS's Interest Expense too high?
Seranit Granit Seramiknayi ve Ticaret AS's current Interest Expense is ₺-1,258 Mil. Overall, Seranit Granit Seramiknayi ve Ticaret AS has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Seranit Granit Seramiknayi ve Ticaret AS's Interest Expense compare to CRH and VMC?
Seranit Granit Seramiknayi ve Ticaret AS's Interest Expense of ₺-1,258 Mil can be compared against companies in the Building Materials 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 a Building Materials company?
A good Interest Expense depends on the Building Materials 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 Seranit Granit Seramiknayi ve Ticaret AS and its competitors. Seranit Granit Seramiknayi ve Ticaret AS's current Interest Expense is ₺-1,258 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seranit Granit Seramiknayi ve Ticaret AS stock overvalued right now?
Seranit Granit Seramiknayi ve Ticaret AS (IST:SERNT) has a current Interest Expense of ₺-1,258 Mil. The current Interest Expense is ₺-1,258 Mil. Seranit Granit Seramiknayi ve Ticaret AS's overall GF Score™ is 9/100 with 8 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 Seranit Granit Seramiknayi ve Ticaret AS (IST:SERNT), the current Interest Expense is ₺-1,258 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.

Seranit Granit Seramiknayi ve Ticaret AS Business Description

Address Huseyin Baykara Sk. No: 1/3, Uskudar, Sultantepe District, Istanbul, TUR
Seranit Granit Seramik Sanayi ve Ticaret AS is engaged in the production, marketing and trade of building materials such as tiles, granite, porcelain and ceramics. The Company provides sales, definition and marketing of the products it produces through dealership agreements it has concluded with its branches.
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