Arsagera Management Co JSC (MIC:ARSA) Interest Coverage: 23.85 (As of Sep. 2023)

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MIC:ARSA Arsagera Management Co JSC MIC:ARSA
17 GF Score
Price ₽5.84
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What is Arsagera Management Co JSC Interest Coverage?

Arsagera Management Co JSC MIC:ARSA -0.17% 17 Interest Coverage is 23.85 as of Sep. 2023. GuruFocus rates MIC:ARSA 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. Arsagera Management Co JSC's Operating Income for the three months ended in Sep. 2023 was ₽6.04 Mil. Arsagera Management Co JSC's Interest Expense for the three months ended in Sep. 2023 was ₽-0.25 Mil. Arsagera Management Co JSC's interest coverage for the quarter that ended in Sep. 2023 was 23.85. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Arsagera Management Co JSC's Interest Coverage or its related term are showing as below:


MIC:ARSA's Interest Coverage is not ranked *
in the Asset Management industry.
Industry Median: 45.22
* 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.


Arsagera Management Co JSC  (MIC:ARSA) 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 .


Arsagera Management Co JSC Interest Coverage Related Terms


Arsagera Management Co JSC Interest Coverage Historical Data

* Premium members only.

The historical data trend for Arsagera Management Co JSC'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.

Arsagera Management Co JSC Interest Coverage Chart

Arsagera Management Co JSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 1.80 0.00

Arsagera Management Co JSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.00 0.00 0.00 9.97 23.85

MIC:ARSA vs BLK, BX, KKR: Interest Coverage Comparison

For the Asset Management subindustry, Arsagera Management Co JSC'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.


Arsagera Management Co JSC Interest Coverage vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Arsagera Management Co JSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Arsagera Management Co JSC's Interest Coverage falls into.


MIC:ARSA
17GF Score
Arsagera Management Co JSC MIC:ARSA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Arsagera Management Co JSC 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.

Arsagera Management Co JSC's Interest Coverage for the fiscal year that ended in Dec. 2022 is calculated as

Here, for the fiscal year that ended in Dec. 2022, Arsagera Management Co JSC's Interest Expense was ₽-0.67 Mil. Its Operating Income was ₽-14.47 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽0.00 Mil.

Arsagera Management Co JSC did not have earnings to cover the interest expense.

Arsagera Management Co JSC's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Arsagera Management Co JSC's Interest Expense was ₽-0.25 Mil. Its Operating Income was ₽6.04 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽5.38 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*6.035/-0.253
=23.85

* 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 23.85 mean?
Arsagera Management Co JSC (MIC:ARSA) has a Interest Coverage of 23.85 as of Sep. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Arsagera Management Co JSC and its competitors.
Is Arsagera Management Co JSC's Interest Coverage too high?
Arsagera Management Co JSC's current Interest Coverage is 23.85. The Asset Management industry median Interest Coverage is 45.22. Arsagera Management Co JSC's value of 23.85 is 47.3% below this industry median. Overall, Arsagera Management Co JSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Arsagera Management Co JSC's Interest Coverage compare to BLK and BX?
Arsagera Management Co JSC's Interest Coverage of 23.85 can be compared against companies in the Asset Management industry. The industry median Interest Coverage is 45.22. Arsagera Management Co JSC's value of 23.85 is 47.3% 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 an Asset Management company?
The median Interest Coverage among Asset Management companies is 45.22, based on 483 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. Arsagera Management Co JSC's current Interest Coverage of 23.85 is 47.3% 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 Arsagera Management Co JSC and its competitors. For the Asset Management industry, the median Interest Coverage is 45.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arsagera Management Co JSC's current Interest Coverage is 23.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arsagera Management Co JSC stock overvalued right now?
Arsagera Management Co JSC (MIC:ARSA) has a current Interest Coverage of 23.85. The current Interest Coverage is 23.85 and 47.3% below the Asset Management industry median of 45.22. Arsagera Management Co JSC'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 Arsagera Management Co JSC (MIC:ARSA), the current Interest Coverage is 23.85 as of Sep. 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.

Arsagera Management Co JSC Business Description

Address 8 th floor Renaissance, business center, ul. Chatelain, Building 26A, St. Petersburg, RUS, 194021
Arsagera Management Co JSC is a Russian asset management company. It manages three open-ended funds, two intervals and one closed-end mutual investment fund. The company also provides individual trust management services.
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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