Tekfen Holding AS (IST:TKFEN) Interest Expense : ₺-1,363 Mil (TTM As of Dec. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Tekfen Holding AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tekfen Holding AS's interest expense for the three months ended in Dec. 2024 was ₺ -483 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₺-1,363 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. Tekfen Holding AS's Operating Income for the three months ended in Dec. 2024 was ₺ 363 Mil. Tekfen Holding AS's Interest Expense for the three months ended in Dec. 2024 was ₺ -483 Mil. Tekfen Holding AS's Interest Coverage for the quarter that ended in Dec. 2024 was 0.75. 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.

Tekfen Holding AS Interest Expense Historical Data

The historical data trend for Tekfen Holding 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.

Tekfen Holding AS Interest Expense Chart

Tekfen Holding AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Interest Expense

Get a 7-Day Free Trial

-116.62

-159.58

-791.02

-1,496.19

-1,346.93

Tekfen Holding 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															-825.73	-265.96	-248.43	-365.29	-483.39

Tekfen Holding 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 ₺-1,363 Mil.

Tekfen Holding AS (IST:TKFEN) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Tekfen Holding AS's Interest Expense for the three months ended in Dec. 2024 was ₺-483 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₺363 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₺6,164 Mil.

Tekfen Holding 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	*	362.981	/	-483.393
	=	0.75

The higher the ratio, the stronger the company's financial strength is.

Tekfen Holding AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Tekfen Holding AS (IST:TKFEN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kultur Mahallesi, Tekfen Sitesi, Budak Sokak, A Blok, No. 7, Ulus-Besiktas, Istanbul, TUR, 34340

Website

https://www.tekfen.com.tr

Tekfen Holding AS is a conglomerate that operates in below business lines: Engineering and Contracting; Agricultural Industry; and Investment. It generates maximum revenue from the Agricultural Industry segment. The Agricultural Industry segment is engaged in the production and sale of mineral fertilizers as well as special water soluble fertilizers and organic fertilizers. It also manufactures bags used in fertilizer packaging in its facility. Additionally, it generates biogas through the fermentation of organic wastes and electricity from biogas and also produces solid and liquid organic fertilizers from wastes that have completed the gasification process. Geographically, the company generates maximum revenue from Turkey and the rest from the CIS, the Middle East, and other regions.

Tekfen Holding AS Headlines

No Headlines