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Federal Grid Company Rosseti PJSC (MIC:FEES) Debt-to-EBITDA : 1.27 (As of Jun. 2023)


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What is Federal Grid Company Rosseti PJSC Debt-to-EBITDA?

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 ₽487,292 Mil. Federal Grid Company Rosseti PJSC's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 1.27.

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: 4.03
* Ranked among companies with meaningful Debt-to-EBITDA only.

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

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.

* Premium members only.

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 Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 3.60 1.65 1.77 1.71 1.27

Competitive Comparison of Federal Grid Company Rosseti PJSC's Debt-to-EBITDA

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's Debt-to-EBITDA Distribution in the 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.


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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) / 487292
=1.27

* 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 four times the quarterly (Jun. 2023) EBITDA data.


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

Thank you for viewing the detailed overview of Federal Grid Company Rosseti PJSC's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Federal Grid Company Rosseti PJSC Business Description

Traded in Other Exchanges
N/A
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.

Federal Grid Company Rosseti PJSC Headlines

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