Tumosan Motor ve Traktornayi AS (IST:TMSN) Interest Expense : ₺-259 Mil (TTM As of Dec. 2023)

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What is Tumosan Motor ve Traktornayi AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Tumosan Motor ve Traktornayi AS's interest expense for the three months ended in Dec. 2023 was ₺ -144 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₺-259 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. Tumosan Motor ve Traktornayi AS's Operating Income for the three months ended in Dec. 2023 was ₺ -4 Mil. Tumosan Motor ve Traktornayi AS's Interest Expense for the three months ended in Dec. 2023 was ₺ -144 Mil. Tumosan Motor ve Traktornayi 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.

Tumosan Motor ve Traktornayi AS Interest Expense Historical Data

The historical data trend for Tumosan Motor ve Traktornayi 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.

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Tumosan Motor ve Traktornayi AS Interest Expense Chart

Tumosan Motor ve Traktornayi AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

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-54.86

-53.15

-66.93

-166.23

-258.81

Tumosan Motor ve Traktornayi AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-100.45	-22.79	-29.26	-63.17	-143.59

Tumosan Motor ve Traktornayi 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-259 Mil.

Tumosan Motor ve Traktornayi AS (IST:TMSN) 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.

Tumosan Motor ve Traktornayi AS's Interest Expense for the three months ended in Dec. 2023 was ₺-144 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₺-4 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₺85 Mil.

Tumosan Motor ve Traktornayi AS's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Tumosan Motor ve Traktornayi AS did not have earnings to cover the interest expense.

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

Tumosan Motor ve Traktornayi AS (IST:TMSN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Tumosan Motor ve Traktor Sanayi AS (IST:TMSN) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Maltepe Mahallesi London Asfalti Caddesi Number 28/1, Topkapi, Zeytinburnu, Istanbul, TUR, 34010

Website

http://www.tumosan.com.tr

Tumosan Motor ve Traktor Sanayi AS is a Turkey-based company mainly engaged in manufacturing and production of the diesel engine and tractors. Its products comprise Tractors, Industrial Engines, Agricultural Machinery Engines, Forklifts, and Agricultural Equipments.

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