Alrosa PJSC (MIC:ALRS) Interest Coverage: 16.40 (As of Dec. 2023)


MIC:ALRS Alrosa PJSC MIC:ALRS
17 GF Score
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What is Alrosa PJSC Interest Coverage?

Alrosa PJSC MIC:ALRS -0.14% 17 Interest Coverage is 16.40 as of Dec. 2023. GuruFocus rates MIC:ALRS with a GF Score™ of 17/100.

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 by its Interest Expense. Alrosa PJSC's Operating Income for the six months ended in Dec. 2023 was ₽32,284 Mil. Alrosa PJSC's Interest Expense for the six months ended in Dec. 2023 was ₽-1,968 Mil. Alrosa PJSC's interest coverage for the quarter that ended in Dec. 2023 was 16.40. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Alrosa PJSC's Interest Coverage or its related term are showing as below:


MIC:ALRS's Interest Coverage is not ranked *
in the Metals & Mining industry.
Industry Median: No Debt
* Ranked among companies with meaningful Interest Coverage only.

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


Alrosa PJSC  (MIC:ALRS) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Alrosa PJSC Interest Coverage Related Terms


Alrosa PJSC Interest Coverage Historical Data

* Premium members only.

The historical data trend for Alrosa PJSC's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Alrosa PJSC Interest Coverage Chart

Alrosa PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.46 6.83 15.52 21.29 18.62

Alrosa PJSC Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Interest Coverage 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 12.66 24.80 10.73 19.84 16.40

MIC:ALRS vs HL: Interest Coverage Comparison

For the Other Precious Metals & Mining subindustry, Alrosa PJSC's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


Alrosa PJSC Interest Coverage vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alrosa PJSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Alrosa PJSC's Interest Coverage falls into.


MIC:ALRS
17GF Score
Alrosa PJSC MIC:ALRS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Alrosa PJSC Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


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

Alrosa PJSC's Interest Coverage for the fiscal year that ended in Dec. 2023 is calculated as

Here, for the fiscal year that ended in Dec. 2023, Alrosa PJSC's Interest Expense was ₽-5,534 Mil. Its Operating Income was ₽103,022 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽79,597 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2023 )/Interest Expense (A: Dec. 2023 )
=-1*103022/-5534
=18.62

Alrosa PJSC's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Here, for the six months ended in Dec. 2023, Alrosa PJSC's Interest Expense was ₽-1,968 Mil. Its Operating Income was ₽32,284 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽79,597 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2023 )/Interest Expense (Q: Dec. 2023 )
=-1*32284/-1968
=16.40

* 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.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 16.40 mean?
Alrosa PJSC (MIC:ALRS) has a Interest Coverage of 16.40 as of Dec. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Alrosa PJSC and its competitors.
Is Alrosa PJSC's Interest Coverage too high?
Alrosa PJSC's current Interest Coverage is 16.40. The Metals & Mining industry median Interest Coverage is 10,000.00. Alrosa PJSC's value of 16.40 is 99.8% below this industry median. Overall, Alrosa PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Alrosa PJSC's Interest Coverage compare to HL?
Alrosa PJSC's Interest Coverage of 16.40 can be compared against companies in the Metals & Mining industry. The industry median Interest Coverage is 10,000.00. Alrosa PJSC's value of 16.40 is 99.8% 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 Interest Coverage for a Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,318 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alrosa PJSC's current Interest Coverage of 16.40 is 99.8% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Alrosa PJSC and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alrosa PJSC's current Interest Coverage is 16.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alrosa PJSC stock overvalued right now?
Alrosa PJSC (MIC:ALRS) has a current Interest Coverage of 16.40. The current Interest Coverage is 16.40 and 99.8% below the Metals & Mining industry median of 10,000.00. Alrosa PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Alrosa PJSC (MIC:ALRS), the current Interest Coverage is 16.40 as of Dec. 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.

Alrosa PJSC Business Description

Address 6, Lenin Street, Republic of Sakha (Yakutia), Mirninsky ulus, Mirny, RUS, 678175
Alrosa PJSC is a Russian-based company that operates in the diamond mining business. It is engaged in the business activity of exploration, production, processing, marketing, and sale of raw and cut diamonds. The group operates mining facilities in Mirny, Udachny, Aikhal, Nyurba, and Anabar (located in Eastern Siberia) and the Arkhangelsk Region. In addition, the firm is also involved in transportation, social infrastructure, construction activity, trading, electricity production, and various other activities. The company derives the majority of its revenue from the sale of diamonds.
17GF Score

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

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