PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) Interest Expense

: €-562 Mil (TTM As of Dec. 2022)

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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. PJSC Mining & Metallurgical Co Norilsk Nickel's interest expense for the six months ended in Dec. 2022 was € -356 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2022 was €-562 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. PJSC Mining & Metallurgical Co Norilsk Nickel's Operating Income for the six months ended in Dec. 2022 was € 5,081 Mil. PJSC Mining & Metallurgical Co Norilsk Nickel's Interest Expense for the six months ended in Dec. 2022 was € -356 Mil. PJSC Mining & Metallurgical Co Norilsk Nickel's Interest Coverage for the quarter that ended in Dec. 2022 was 14.29. 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.

PJSC Mining & Metallurgical Co Norilsk Nickel Interest Expense Historical Data

The historical data trend for PJSC Mining & Metallurgical Co Norilsk Nickel'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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PJSC Mining & Metallurgical Co Norilsk Nickel Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Interest Expense

-425.26

-392.56

-346.04

-264.36

-567.09

PJSC Mining & Metallurgical Co Norilsk Nickel Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Interest Expense																-160.27	-123.27	-133.68	-205.91	-355.59

PJSC Mining & Metallurgical Co Norilsk Nickel 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-562 Mil.

PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) 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.

PJSC Mining & Metallurgical Co Norilsk Nickel's Interest Expense for the six months ended in Dec. 2022 was €-356 Mil. Its Operating Income for the six months ended in Dec. 2022 was €5,081 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Dec. 2022 was €8,005 Mil.

PJSC Mining & Metallurgical Co Norilsk Nickel's Interest Coverage for the quarter that ended in Dec. 2022 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2022 )	/	Interest Expense (Q: Dec. 2022 )
	=	-1	*	5080.885	/	-355.594
	=	14.29

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

PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

15, 1st Krasnogvardeysky Drive, Moscow, RUS, 123100

Website

https://www.nornickel.com

PJSC Mining & Metallurgical Co Norilsk Nickel is a metal and mining company engaged in activities such as exploration, extraction, refining of ore and nonmetallic minerals, and sale of base and precious minerals. The company is organized into seven operating business segments: GMK Group, South Cluster, KGMK Group, NN Harjavalta, GRK Bystrinskoye, other mining, and other nonmetallurgical. The majority of the company's revenue is derived from the GMK Group segment which includes mining, processing and other metallurgy operations, and sale of precious metals. More than half the company's consolidated revenue is earned from the sale of metals to customers in Europe.

PJSC Mining & Metallurgical Co Norilsk Nickel (WBO:MNOD) Headlines

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