Akfen Yenilenebilir Enerji (IST:AKFYE) Interest Expense : ₺-1,029 Mil (TTM As of Dec. 2023)

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What is Akfen Yenilenebilir Enerji Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Akfen Yenilenebilir Enerji's interest expense for the three months ended in Dec. 2023 was ₺ -363 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was ₺-1,029 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. Akfen Yenilenebilir Enerji's Operating Income for the three months ended in Dec. 2023 was ₺ 2,807 Mil. Akfen Yenilenebilir Enerji's Interest Expense for the three months ended in Dec. 2023 was ₺ -363 Mil. Akfen Yenilenebilir Enerji's Interest Coverage for the quarter that ended in Dec. 2023 was 7.73. 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.

Akfen Yenilenebilir Enerji Interest Expense Historical Data

The historical data trend for Akfen Yenilenebilir Enerji'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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Akfen Yenilenebilir Enerji Interest Expense Chart

Akfen Yenilenebilir Enerji Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

-177.52

-280.38

-435.21

-1,944.60

-1,028.72

Akfen Yenilenebilir Enerji Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial							-1,315.24	-114.94	-347.57	-203.09	-363.12

Akfen Yenilenebilir Enerji 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 ₺-1,029 Mil.

Akfen Yenilenebilir Enerji (IST:AKFYE) 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.

Akfen Yenilenebilir Enerji's Interest Expense for the three months ended in Dec. 2023 was ₺-363 Mil. Its Operating Income for the three months ended in Dec. 2023 was ₺2,807 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was ₺7,439 Mil.

Akfen Yenilenebilir Enerji'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	*	2806.718	/	-363.123
	=	7.73

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

Akfen Yenilenebilir Enerji (IST:AKFYE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Akfen Yenilenebilir Enerji (IST:AKFYE) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

Turan Gunes Bulvar? Galip Erdem Caddesi, No:3, Ilkbahar Mahallesi, Cankaya, Ankara, TUR

Website

https://www.akfenren.com.tr

Akfen Yenilenebilir Enerji operates as a renewable energy company. The company generates and trades electricity through renewable energy power plants such as hydroelectric power plant facilities, Solar Power Plants, and Wind Power Plants.

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