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Sodas Sodyumnayii AS (IST:SODSN) Interest Expense : ₺-1.5 Mil (TTM As of Dec. 2023)


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What is Sodas Sodyumnayii AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sodas Sodyumnayii AS's interest expense for the six months ended in Dec. 2023 was ₺ -1.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₺-1.5 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. Sodas Sodyumnayii AS's Operating Income for the six months ended in Dec. 2023 was ₺ 47.1 Mil. Sodas Sodyumnayii AS's Interest Expense for the six months ended in Dec. 2023 was ₺ -1.5 Mil. Sodas Sodyumnayii AS's Interest Coverage for the quarter that ended in Dec. 2023 was 31.22. 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.


Sodas Sodyumnayii AS Interest Expense Historical Data

The historical data trend for Sodas Sodyumnayii 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.

Sodas Sodyumnayii AS Interest Expense Chart

Sodas Sodyumnayii 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 -0.06 -0.57 -1.21 -2.97 -1.51

Sodas Sodyumnayii AS Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 -0.06 -0.57 -1.21 -2.97 -1.51

Sodas Sodyumnayii AS Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₺-1.5 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.


Sodas Sodyumnayii AS  (IST:SODSN) 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.

Sodas Sodyumnayii AS's Interest Expense for the six months ended in Dec. 2023 was ₺-1.5 Mil. Its Operating Income for the six months ended in Dec. 2023 was ₺47.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2023 was ₺0.7 Mil.

Sodas Sodyumnayii 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*47.076/-1.508
=31.22

* 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.


Sodas Sodyumnayii AS (IST:SODSN) Business Description

Traded in Other Exchanges
N/A
Address
1476 Sokak No, 2 Aksoy Residence Ka, 13/A Daire:42, Alsancak, TUR, 34330
Sodas Sodyum Sanayii AS produces and sells sodium sulfate in Turkey. Its products are used in natural detergents, glass, and paper and textile industries.

Sodas Sodyumnayii AS (IST:SODSN) Headlines

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