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Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) Interest Expense : ₺-11,593 Mil (TTM As of Mar. 2024)


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What is Turkiye Sise ve Cam Fabrikalari AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Turkiye Sise ve Cam Fabrikalari AS's interest expense for the three months ended in Mar. 2024 was ₺ -3,825 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₺-11,593 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. Turkiye Sise ve Cam Fabrikalari AS's Operating Income for the three months ended in Mar. 2024 was ₺ -394 Mil. Turkiye Sise ve Cam Fabrikalari AS's Interest Expense for the three months ended in Mar. 2024 was ₺ -3,825 Mil. Turkiye Sise ve Cam Fabrikalari 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.


Turkiye Sise ve Cam Fabrikalari AS Interest Expense Historical Data

The historical data trend for Turkiye Sise ve Cam Fabrikalari 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.

Turkiye Sise ve Cam Fabrikalari AS Interest Expense Chart

Turkiye Sise ve Cam Fabrikalari AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,188.04 -1,493.45 -1,605.49 -6,914.84 -9,039.65

Turkiye Sise ve Cam Fabrikalari AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -2,194.33 -1,423.43 -2,007.52 -4,336.91 -3,824.67

Turkiye Sise ve Cam Fabrikalari 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-11,593 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.


Turkiye Sise ve Cam Fabrikalari AS  (IST:SISE) 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.

Turkiye Sise ve Cam Fabrikalari AS's Interest Expense for the three months ended in Mar. 2024 was ₺-3,825 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₺-394 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₺55,649 Mil.

Turkiye Sise ve Cam Fabrikalari AS's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Turkiye Sise ve Cam Fabrikalari 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.


Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) Business Description

Traded in Other Exchanges
N/A
Address
Icmeler Mahallesi, D-100 Karayolu Caddesi, No: 44/A, Tuzla, Istanbul, TUR, 34947
Turkiye Sise ve Cam Fabrikalari AS is a holding company that, through its subsidiaries, manufactures and sells glass products, chemicals, and glass packaging. The firm's five segments are based on product type. The flat glass segment, which generates more revenue than any other segment, sells glass panes used in windows and automobile windshields. The glassware segment sells glass beverage bottles and crystal products. The other three segments are glass packaging, chemicals, and other, which consists primarily of services including insurance and the export and import of goods. The majority of revenue comes from Turkey.

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