Federal Grid Company Rosseti PJSC (MIC:FEES) Debt-to-EBITDA : 1.21 (As of Jun. 2023)

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MIC:FEES Federal Grid Company Rosseti PJSC MIC:FEES
55 GF Score
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What is Federal Grid Company Rosseti PJSC Debt-to-EBITDA?

Federal Grid Company Rosseti PJSC MIC:FEES -7.49% 55 Debt-to-EBITDA is 1.21 as of Jun. 2023. GuruFocus rates MIC:FEES with a GF Score™ of 55/100.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Federal Grid Company Rosseti PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₽157,291 Mil. Federal Grid Company Rosseti PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₽460,849 Mil. Federal Grid Company Rosseti PJSC's annualized EBITDA for the quarter that ended in Jun. 2023 was ₽511,778 Mil. Federal Grid Company Rosseti PJSC's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 1.21.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Federal Grid Company Rosseti PJSC's Debt-to-EBITDA or its related term are showing as below:

MIC:FEES's Debt-to-EBITDA is not ranked *
in the Utilities - Regulated industry.
Industry Median: 4.01
* Ranked among companies with meaningful Debt-to-EBITDA only.

Federal Grid Company Rosseti PJSC  (MIC:FEES) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Federal Grid Company Rosseti PJSC Debt-to-EBITDA Related Terms


Federal Grid Company Rosseti PJSC Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Federal Grid Company Rosseti PJSC's Debt-to-EBITDA 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.

Federal Grid Company Rosseti PJSC Debt-to-EBITDA Chart

Federal Grid Company Rosseti PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.11 1.79 1.61 1.56 1.98

Federal Grid Company Rosseti PJSC Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun23
Debt-to-EBITDA 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 1.75 1.78 2.32 1.71 1.21

MIC:FEES vs NEE, SO, DUK: Debt-to-EBITDA Comparison

For the Utilities - Regulated Electric subindustry, Federal Grid Company Rosseti PJSC's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Federal Grid Company Rosseti PJSC Debt-to-EBITDA vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Federal Grid Company Rosseti PJSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Federal Grid Company Rosseti PJSC's Debt-to-EBITDA falls into.


MIC:FEES
55GF Score
Federal Grid Company Rosseti PJSC MIC:FEES
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Federal Grid Company Rosseti PJSC Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Federal Grid Company Rosseti PJSC's Debt-to-EBITDA for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(23769 + 219850) / 122961
=1.98

Federal Grid Company Rosseti PJSC's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(157291 + 460849) / 511778
=1.21

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Jun. 2023) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.21 mean?
Federal Grid Company Rosseti PJSC (MIC:FEES) has a Debt-to-EBITDA of 1.21 as of Jun. 2023. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Federal Grid Company Rosseti PJSC.
Is Federal Grid Company Rosseti PJSC's Debt-to-EBITDA too high?
Federal Grid Company Rosseti PJSC's current Debt-to-EBITDA is 1.21. The Utilities - Regulated industry median Debt-to-EBITDA is 4.01. Federal Grid Company Rosseti PJSC's value of 1.21 is 69.8% below this industry median. Overall, Federal Grid Company Rosseti PJSC has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Federal Grid Company Rosseti PJSC's Debt-to-EBITDA compare to NEE and SO?
Federal Grid Company Rosseti PJSC's Debt-to-EBITDA of 1.21 can be compared against companies in the Utilities - Regulated industry. The industry median Debt-to-EBITDA is 4.01. Federal Grid Company Rosseti PJSC's value of 1.21 is 69.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 4.01, based on 449 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Federal Grid Company Rosseti PJSC's current Debt-to-EBITDA of 1.21 is 69.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Federal Grid Company Rosseti PJSC. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Federal Grid Company Rosseti PJSC's current Debt-to-EBITDA is 1.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Federal Grid Company Rosseti PJSC stock overvalued right now?
Federal Grid Company Rosseti PJSC (MIC:FEES) has a current Debt-to-EBITDA of 1.21. The current Debt-to-EBITDA is 1.21 and 69.8% below the Utilities - Regulated industry median of 4.01. Federal Grid Company Rosseti PJSC's overall GF Score™ is 55/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Federal Grid Company Rosseti PJSC (MIC:FEES), the current Debt-to-EBITDA is 1.21 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Federal Grid Company Rosseti PJSC Business Description

Address 5A, Akademika Chelomeya Street, Moscow, RUS, 117630
Federal Grid Company Rosseti PJSC is a Russian electric utility company of which the Russian Federation is the majority shareholder through its subsidiary, PJSC "Russian Grids." The company's principal activity is the transmission of electricity via the Russian Unified National Electric Grid. Federal Grid Company does this through its operation of numerous substations, transformers, and electricity transmission lines all throughout Russia. The vast majority of the company's revenue is derived from the provision of electricity transmission services to a variety of customers, such as industrial firms and other Russian utilities companies. This income stream is dependent upon changes in tariffs set by the Russian government and electricity demand.
55GF Score

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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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