Aksa Akrilik Kimyanayii AS (IST:AKSA) Interest Expense : ₺-619 Mil (TTM As of Mar. 2024)

View and export this data going back to 1986. Start your Free Trial

What is Aksa Akrilik Kimyanayii AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Aksa Akrilik Kimyanayii AS's interest expense for the three months ended in Mar. 2024 was ₺ -137 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₺-619 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. Aksa Akrilik Kimyanayii AS's Operating Income for the three months ended in Mar. 2024 was ₺ 897 Mil. Aksa Akrilik Kimyanayii AS's Interest Expense for the three months ended in Mar. 2024 was ₺ -137 Mil. Aksa Akrilik Kimyanayii AS's Interest Coverage for the quarter that ended in Mar. 2024 was 6.54. 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.

Aksa Akrilik Kimyanayii AS Interest Expense Historical Data

The historical data trend for Aksa Akrilik Kimyanayii 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.

Aksa Akrilik Kimyanayii AS Interest Expense Chart

Aksa Akrilik Kimyanayii AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Interest Expense

Get a 7-Day Free Trial

-82.93

-88.19

-66.77

-387.97

-566.73

Aksa Akrilik Kimyanayii AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-104.63	-114.75	-116.94	-250.65	-137.14

Aksa Akrilik Kimyanayii 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-619 Mil.

Aksa Akrilik Kimyanayii AS (IST:AKSA) 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.

Aksa Akrilik Kimyanayii AS's Interest Expense for the three months ended in Mar. 2024 was ₺-137 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₺897 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₺1,175 Mil.

Aksa Akrilik Kimyanayii AS's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2024 )	/	Interest Expense (Q: Mar. 2024 )
	=	-1	*	896.619	/	-137.136
	=	6.54

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

Aksa Akrilik Kimyanayii AS (IST:AKSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Aksa Akrilik Kimya Sanayii AS (IST:AKSA) » Definitions » Interest Expense

Traded in Other Exchanges

N/A

Address

Merkez Mahallesi Yalova, Kocaeli Yolu Caddesi Number 34 PK 114, Taskopru Ciftlikkoy, Yalova, TUR, 77602

Website

https://www.aksa.com

Aksa Akrilik Kimya Sanayii AS is a manufacturer of textile, chemical, and other industrial products and raw materials, auxiliary materials and intermediate substances, artificial, synthetic omand natural fibers, carbon fibers, and polymers among others. It consists of three operating segments such as fibers, energy, and others. The company generates maximum revenue from the Fibers segment.

Aksa Akrilik Kimyanayii AS (IST:AKSA) Headlines

No Headlines