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Sinpas Gayrimenkul Yatirim Ortakligi AS (IST:SNGYO) Interest Expense : ₺-1,545 Mil (TTM As of Dec. 2024)


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What is Sinpas Gayrimenkul Yatirim Ortakligi AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sinpas Gayrimenkul Yatirim Ortakligi AS's interest expense for the three months ended in Dec. 2024 was ₺ -385 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₺-1,545 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. Sinpas Gayrimenkul Yatirim Ortakligi AS's Operating Income for the three months ended in Dec. 2024 was ₺ 3,061 Mil. Sinpas Gayrimenkul Yatirim Ortakligi AS's Interest Expense for the three months ended in Dec. 2024 was ₺ -385 Mil. Sinpas Gayrimenkul Yatirim Ortakligi AS's Interest Coverage for the quarter that ended in Dec. 2024 was 7.95. 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.


Sinpas Gayrimenkul Yatirim Ortakligi AS Interest Expense Historical Data

The historical data trend for Sinpas 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.

Sinpas Gayrimenkul Yatirim Ortakligi AS Interest Expense Chart

Sinpas Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -197.41 -478.16 -2,755.22 -2,970.69 -1,658.05

Sinpas Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -1,722.41 -323.37 -617.27 -218.98 -385.06

Sinpas 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-1,545 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.


Sinpas Gayrimenkul Yatirim Ortakligi AS  (IST:SNGYO) 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.

Sinpas Gayrimenkul Yatirim Ortakligi AS's Interest Expense for the three months ended in Dec. 2024 was ₺-385 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₺3,061 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₺4,085 Mil.

Sinpas Gayrimenkul Yatirim Ortakligi AS's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*3061.296/-385.055
=7.95

* 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.


Sinpas Gayrimenkul Yatirim Ortakligi AS Business Description

Traded in Other Exchanges
N/A
Address
Sinpa? plaza, dikilita? mahallesi, Yenido?an Sokak no: 36, Be?ikta?, Istanbul, TUR, 34349
Sinpas Gayrimenkul Yatirim Ortakligi AS is a Turkey-based real estate investment trust company. It is engaged in the development of various real estate projects to builds houses and commercial building under themed projects. The company invests in Istanbul, Ankara, Bursa, and Marmaris. Its projects portfolio includes GOKORMAN, QUEEN BOMONTI, MEYROLIFE, BURSA MODERN, ANKARA POLATI and ISTANBUL-BEYKOZ.

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