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Yakutskenergo PJSC (MIC:YKEN) Interest Expense : ₽-1,931 Mil (TTM As of Jun. 2023)


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What is Yakutskenergo PJSC Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Yakutskenergo PJSC's interest expense for the six months ended in Jun. 2023 was ₽ -1,208 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2023 was ₽-1,931 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. Yakutskenergo PJSC's Operating Income for the six months ended in Jun. 2023 was ₽ 3,055 Mil. Yakutskenergo PJSC's Interest Expense for the six months ended in Jun. 2023 was ₽ -1,208 Mil. Yakutskenergo PJSC's Interest Coverage for the quarter that ended in Jun. 2023 was 2.53. 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.


Yakutskenergo PJSC Interest Expense Historical Data

The historical data trend for Yakutskenergo 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.

* Premium members only.

Yakutskenergo PJSC Interest Expense Chart

Yakutskenergo PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -459.00 -2,445.00 -2,667.00 -2,716.00 -2,458.00

Yakutskenergo PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,291.00 -1,425.00 -1,735.00 -723.00 -1,208.00

Yakutskenergo 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 semi-annually data reported by the company within the most recent 12 months, which was ₽-1,931 Mil.

* 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.


Yakutskenergo PJSC  (MIC:YKEN) Interest Expense Explanation

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. The higher, the better.

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

Yakutskenergo PJSC's Interest Expense for the six months ended in Jun. 2023 was ₽-1,208 Mil. Its Operating Income for the six months ended in Jun. 2023 was ₽3,055 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Jun. 2023 was ₽27,200 Mil.

Yakutskenergo 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*3055/-1208
=2.53

* 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.

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. Yakutskenergo PJSC interest coverage is 2.36, which is low.


Yakutskenergo PJSC (MIC:YKEN) Business Description

Traded in Other Exchanges
Address
ul. Fedor Popov 14, The Republic of Sakha, Yakutsk, RUS, 677000
Yakutskenergo PJSC is an electric and heat utility company. It operates thermal power plants and hydroelectric power stations. It generates, transmits and distributes electric and thermal energy. The company's subsidiary provides for the gradual elimination of the use of expensive diesel energy and the development of the regional grid economy.

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