Gazprom PJSC (Gazprom PJSC) Interest Expense : $-5,637 Mil (TTM As of Jun. 2023)

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What is Gazprom PJSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gazprom PJSC's interest expense for the three months ended in Jun. 2023 was $ -5,637 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was $-5,637 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. Gazprom PJSC's Operating Income for the three months ended in Jun. 2023 was $ 3,404 Mil. Gazprom PJSC's Interest Expense for the three months ended in Jun. 2023 was $ -5,637 Mil. Gazprom PJSC's Interest Coverage for the quarter that ended in Jun. 2023 was 0.60. 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.

Gazprom PJSC Interest Expense Historical Data

The historical data trend for Gazprom PJSC'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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Gazprom PJSC Interest Expense Chart

Gazprom PJSC Annual Data

Trend

Dec13

Dec14

Dec15

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Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

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-724.64

-1,233.25

-985.55

-1,283.17

-2,019.71

Gazprom PJSC Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23
Interest Expense	Get a 7-Day Free Trial															-250.43	-567.55	-14,632.45	-	-5,637.10

Gazprom PJSC 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 Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5,637 Mil.

Gazprom PJSC (OTCPK:OGZPY) 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.

Gazprom PJSC's Interest Expense for the three months ended in Jun. 2023 was $-5,637 Mil. Its Operating Income for the three months ended in Jun. 2023 was $3,404 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2023 was $64,716 Mil.

Gazprom PJSC's Interest Coverage for the quarter that ended in Jun. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Jun. 2023 )	/	Interest Expense (Q: Jun. 2023 )
	=	-1	*	3404.478	/	-5637.095
	=	0.60

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

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Gazprom PJSCs earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

Gazprom PJSC (Gazprom PJSC) Business Description

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GAZP:Russia

Address

St. Petersburg, 2/3 Lakhtinsky Avenue, Building No. 1, Moscow, RUS, 197229

Website

https://www.gazprom.com

Gazprom PJSC is a Russian-based integrated oil and gas company in which the Russian government is a majority shareholder. Much of the business lies within the production, transportation, and distribution of natural gas. The company is a major gas supplier to European countries, with substantial gas pipelines throughout Western Russia and into Europe. While its oil segment is a smaller portion of revenue, the company is still integrated into the production, processing, and refinement of crude oil and refined products. Across both segments, the company produces its oil and gas from fields distributed across Russia, with end markets consisting mostly of Europe and Russia.