PJSC RussNeft (MIC:RNFT) Debt-to-EBITDA : 2.55 (As of Dec. 2025) — 22% Above Median

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MIC:RNFT PJSC RussNeft MIC:RNFT
68 GF Score
Price ₽84.65
GF Value ₽139.22
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is PJSC RussNeft Debt-to-EBITDA?

PJSC RussNeft MIC:RNFT +0.53% 68 Debt-to-EBITDA is 2.55 as of Dec. 2025, which is 22% above its 10-year median of 2.09. GuruFocus rates MIC:RNFT with a GF Score™ of 68/100 and a GF Value™ of ₽139.22 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 706 Oil & Gas companies, PJSC RussNeft ranks worse than 56.94% on this metric.

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

PJSC RussNeft's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was ₽47,920 Mil. PJSC RussNeft's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was ₽42,776 Mil. PJSC RussNeft's annualized EBITDA for the quarter that ended in Dec. 2025 was ₽35,522 Mil. PJSC RussNeft's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 2.55.

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 PJSC RussNeft's Debt-to-EBITDA or its related term are showing as below:

MIC:RNFT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.99   Med: 2.09   Max: 43.29
Current: 2.44

During the past 13 years, the highest Debt-to-EBITDA Ratio of PJSC RussNeft was 43.29. The lowest was 0.99. And the median was 2.09.

MIC:RNFT's Debt-to-EBITDA is ranked worse than
56.94% of 706 companies
in the Oil & Gas industry
Industry Median: 2.005 vs MIC:RNFT: 2.44

PJSC RussNeft  (MIC:RNFT) 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.


PJSC RussNeft Debt-to-EBITDA Related Terms


PJSC RussNeft Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for PJSC RussNeft'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.

PJSC RussNeft Debt-to-EBITDA Chart

PJSC RussNeft Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 0.00 1.83 0.99 2.44

PJSC RussNeft Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 1.29 0.86 1.10 1.72 2.55

MIC:RNFT vs COP, EOG, FANG: Debt-to-EBITDA Comparison

For the Oil & Gas E&P subindustry, PJSC RussNeft'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.


PJSC RussNeft Debt-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PJSC RussNeft's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PJSC RussNeft's Debt-to-EBITDA falls into.


MIC:RNFT
68GF Score
PJSC RussNeft MIC:RNFT
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PJSC RussNeft Debt-to-EBITDA Calculation

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

PJSC RussNeft's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(47920 + 42776) / 37158
=2.44

PJSC RussNeft's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(47920 + 42776) / 35522
=2.55

* 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 (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.55 mean?
PJSC RussNeft (MIC:RNFT) has a Debt-to-EBITDA of 2.55 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on PJSC RussNeft. This is 22% above median its historical median of 2.09. Over the past decade, PJSC RussNeft's Debt-to-EBITDA has ranged from 0.99 to 43.29. According to the industry distribution chart, PJSC RussNeft ranks #402 out of 706 companies in the Oil & Gas industry, placing it in the top 56.9%.
Is PJSC RussNeft's Debt-to-EBITDA too high?
PJSC RussNeft's current Debt-to-EBITDA of 2.55 is 22% above median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 0.99 to a high of 43.29. The Oil & Gas industry median Debt-to-EBITDA is 2.01. PJSC RussNeft's value of 2.55 is 27.2% above this industry median. Based on the distribution chart, PJSC RussNeft ranks #402 out of 706 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, PJSC RussNeft has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PJSC RussNeft's Debt-to-EBITDA compare to COP and EOG?
According to the Oil & Gas industry distribution chart, PJSC RussNeft ranks #402 out of 706 companies for Debt-to-EBITDA. This places PJSC RussNeft in the lower half of its industry. The industry median Debt-to-EBITDA is 2.01. PJSC RussNeft's value of 2.55 is 27.2% above this benchmark. Historically, PJSC RussNeft's own Debt-to-EBITDA has ranged from 0.99 to 43.29 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 2.01, PJSC RussNeft has consistently been above the industry average. 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 Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 2.01, based on 706 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. PJSC RussNeft's current Debt-to-EBITDA of 2.55 is 27.2% above 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 PJSC RussNeft. For the Oil & Gas industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PJSC RussNeft's current Debt-to-EBITDA is 2.55, which is 22% above median its own 10-year median of 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PJSC RussNeft stock overvalued right now?
Based on GuruFocus' analysis, PJSC RussNeft (MIC:RNFT) is currently considered Possible Value Trap. The stock's GF Value™ is ₽139.22, compared to a current price of ₽84.65 — trading 39.2% below its estimated fair value. The current Debt-to-EBITDA is 2.55, which is 22% above median its 10-year median of 2.09 and 27.2% above the Oil & Gas industry median of 2.01. PJSC RussNeft's overall GF Score™ is 68/100 with 6 warning signs to review. 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 PJSC RussNeft (MIC:RNFT), the current Debt-to-EBITDA is 2.55 as of Dec. 2025. 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.

Is PJSC RussNeft (MIC:RNFT) Overvalued in 2026?

Based on GuruFocus' analysis, PJSC RussNeft stock appears to be undervalued. The current stock price of ₽84.65 is trading 39.2% below its estimated GF Value™ of ₽139.22. GuruFocus considers PJSC RussNeft to be Possible Value Trap.

Key valuation signals for MIC:RNFT:

  • Debt-to-EBITDA: 2.55 (22% above median its 10-year median of 2.09)
  • GF Value™: ₽139.22 vs. price of ₽84.65 (39.2% below fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 27.2% above the Oil & Gas median (#402 of 706)

No single metric tells the full story. See the MIC:RNFT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PJSC RussNeft Business Description

Industry EnergyOil & Gas
Address 69, Pyatnitskaya Street, Moscow, RUS, 115054
PJSC RussNeft is engaged in the exploration, development, production, and marketing of oil and gas. Its operations include oil production, gas production, exploration and reserves, and technological development. The company has activities in Moscow, Raduzhny, Tomsk, Saratov, Bryansk, Ulyanovsk, Khanty-Mansiysk, and Nizhnevartovsk. The company operates in two geographical areas: the Export and Domestic markets. It generates the majority of its revenue from the Domestic markets.
68GF Score

Get the complete analysis for MIC:RNFT

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

₽84.65
Price
₽139.22
GF Value