Bashneft PJSOC (MIC:BANE) Interest Coverage: No Debt (1) (As of Dec. 2023)

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MIC:BANE Bashneft PJSOC MIC:BANE
17 GF Score
Price ₽1,016.00
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What is Bashneft PJSOC Interest Coverage?

Bashneft PJSOC MIC:BANE -1.36% 17 Interest Coverage is No Debt (1) as of Dec. 2023. GuruFocus rates MIC:BANE 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. Bashneft PJSOC's Operating Income for the three months ended in Dec. 2023 was ₽34,519 Mil. Bashneft PJSOC's Interest Expense for the three months ended in Dec. 2023 was ₽0 Mil. Bashneft PJSOC has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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


MIC:BANE's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.89
* 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.


Bashneft PJSOC  (MIC:BANE) 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 .


Bashneft PJSOC Interest Coverage Related Terms


Bashneft PJSOC Interest Coverage Historical Data

* Premium members only.

The historical data trend for Bashneft PJSOC'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.

Bashneft PJSOC Interest Coverage Chart

Bashneft PJSOC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec23
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.79 13.15 0.00 17.23 No Debt

Bashneft PJSOC Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun23 Sep23 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 18.63 25.23 No Debt No Debt No Debt

MIC:BANE vs XOM, CVX: Interest Coverage Comparison

For the Oil & Gas Integrated subindustry, Bashneft PJSOC'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.


Bashneft PJSOC Interest Coverage vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bashneft PJSOC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Bashneft PJSOC's Interest Coverage falls into.


MIC:BANE
17GF Score
Bashneft PJSOC MIC:BANE
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bashneft PJSOC 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.

Bashneft PJSOC'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, Bashneft PJSOC's Interest Expense was ₽0 Mil. Its Operating Income was ₽194,195 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽0 Mil.

Bashneft PJSOC had no debt (1).

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

Here, for the three months ended in Dec. 2023, Bashneft PJSOC's Interest Expense was ₽0 Mil. Its Operating Income was ₽34,519 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽0 Mil.

Bashneft PJSOC had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Bashneft PJSOC (MIC:BANE) has a Interest Coverage of No Debt (1) as of Dec. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bashneft PJSOC and its competitors.
Is Bashneft PJSOC's Interest Coverage too high?
Bashneft PJSOC's current Interest Coverage is No Debt (1). Overall, Bashneft PJSOC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Bashneft PJSOC's Interest Coverage compare to XOM and CVX?
Bashneft PJSOC's Interest Coverage of No Debt (1) can be compared against companies in the Oil & Gas industry. The industry median Interest Coverage is 5.89. 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 Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.89, based on 730 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. 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 Bashneft PJSOC and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bashneft PJSOC's current Interest Coverage is No Debt (1). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bashneft PJSOC stock overvalued right now?
Bashneft PJSOC (MIC:BANE) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1). Bashneft PJSOC'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 Bashneft PJSOC (MIC:BANE), the current Interest Coverage is No Debt (1) 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.

Bashneft PJSOC Business Description

Industry EnergyOil & Gas
Address 30, Building 1, Karla Marksa Street, The city of Ufa, Republic of Bashkortostan, RUS, 450077
Bashneft PJSOC is an integrated oil company that engages in exploration and production, refining, and marketing activities. Its operational assets are located in the Russian producing regions of the Republic of Bashkortostan, Khanty-Mansiysk Autonomous Okrug, Nenets Autonomous Okrug, Orenburg Region and the Republic of Tatarstan, and also conducts geological exploration in Iraq and Myanmar. In many of its fields, Bashneft has utilized a number of geological and engineering operations, like hydraulic fracturing, to sustain production numbers. Refining and marketing (downstream) operations are also located throughout Russia.
17GF Score

Get the complete analysis for MIC:BANE

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

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