Chelyabinsk Forge-and-Press Plant PJSC (MIC:CHKZ) Interest Coverage: 8.60 (As of Sep. 2023)

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MIC:CHKZ Chelyabinsk Forge-and-Press Plant PJSC MIC:CHKZ
17 GF Score
Price ₽15,250.00
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What is Chelyabinsk Forge-and-Press Plant PJSC Interest Coverage?

Chelyabinsk Forge-and-Press Plant PJSC MIC:CHKZ +2.69% 17 Interest Coverage is 8.60 as of Sep. 2023. GuruFocus rates MIC:CHKZ 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. Chelyabinsk Forge-and-Press Plant PJSC's Operating Income for the three months ended in Sep. 2023 was ₽3,371 Mil. Chelyabinsk Forge-and-Press Plant PJSC's Interest Expense for the three months ended in Sep. 2023 was ₽-392 Mil. Chelyabinsk Forge-and-Press Plant PJSC's interest coverage for the quarter that ended in Sep. 2023 was 8.60. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Chelyabinsk Forge-and-Press Plant PJSC's Interest Coverage or its related term are showing as below:


MIC:CHKZ's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 14.735
* 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.


Chelyabinsk Forge-and-Press Plant PJSC  (MIC:CHKZ) 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 .


Chelyabinsk Forge-and-Press Plant PJSC Interest Coverage Related Terms


Chelyabinsk Forge-and-Press Plant PJSC Interest Coverage Historical Data

* Premium members only.

The historical data trend for Chelyabinsk Forge-and-Press Plant 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.

Chelyabinsk Forge-and-Press Plant PJSC Interest Coverage Chart

Chelyabinsk Forge-and-Press Plant PJSC 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 1.94 2.43 3.01 3.93 2.35

Chelyabinsk Forge-and-Press Plant PJSC 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 3.55 0.86 4.98 2.92 8.60

MIC:CHKZ vs ATI, MLI, ESAB: Interest Coverage Comparison

For the Metal Fabrication subindustry, Chelyabinsk Forge-and-Press Plant 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.


Chelyabinsk Forge-and-Press Plant PJSC Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chelyabinsk Forge-and-Press Plant PJSC's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Chelyabinsk Forge-and-Press Plant PJSC's Interest Coverage falls into.


MIC:CHKZ
17GF Score
Chelyabinsk Forge-and-Press Plant PJSC MIC:CHKZ
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Chelyabinsk Forge-and-Press Plant 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.

Chelyabinsk Forge-and-Press Plant PJSC'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, Chelyabinsk Forge-and-Press Plant PJSC's Interest Expense was ₽-672 Mil. Its Operating Income was ₽1,580 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽3,672 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2022 )/Interest Expense (A: Dec. 2022 )
=-1*1580.207/-672.05
=2.35

Chelyabinsk Forge-and-Press Plant PJSC's Interest Coverage for the quarter that ended in Sep. 2023 is calculated as

Here, for the three months ended in Sep. 2023, Chelyabinsk Forge-and-Press Plant PJSC's Interest Expense was ₽-392 Mil. Its Operating Income was ₽3,371 Mil. And its Long-Term Debt & Capital Lease Obligation was ₽17,464 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2023 )/Interest Expense (Q: Sep. 2023 )
=-1*3371.265/-391.823
=8.60

* 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 8.60 mean?
Chelyabinsk Forge-and-Press Plant PJSC (MIC:CHKZ) has a Interest Coverage of 8.60 as of Sep. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Chelyabinsk Forge-and-Press Plant PJSC and its competitors.
Is Chelyabinsk Forge-and-Press Plant PJSC's Interest Coverage too high?
Chelyabinsk Forge-and-Press Plant PJSC's current Interest Coverage is 8.60. The Industrial Products industry median Interest Coverage is 14.74. Chelyabinsk Forge-and-Press Plant PJSC's value of 8.60 is 41.6% below this industry median. Overall, Chelyabinsk Forge-and-Press Plant PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Chelyabinsk Forge-and-Press Plant PJSC's Interest Coverage compare to ATI and MLI?
Chelyabinsk Forge-and-Press Plant PJSC's Interest Coverage of 8.60 can be compared against companies in the Industrial Products industry. The industry median Interest Coverage is 14.74. Chelyabinsk Forge-and-Press Plant PJSC's value of 8.60 is 41.6% 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 Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.74, based on 2,322 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. Chelyabinsk Forge-and-Press Plant PJSC's current Interest Coverage of 8.60 is 41.6% 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 Chelyabinsk Forge-and-Press Plant PJSC and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chelyabinsk Forge-and-Press Plant PJSC's current Interest Coverage is 8.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chelyabinsk Forge-and-Press Plant PJSC stock overvalued right now?
Chelyabinsk Forge-and-Press Plant PJSC (MIC:CHKZ) has a current Interest Coverage of 8.60. The current Interest Coverage is 8.60 and 41.6% below the Industrial Products industry median of 14.74. Chelyabinsk Forge-and-Press Plant 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 Chelyabinsk Forge-and-Press Plant PJSC (MIC:CHKZ), the current Interest Coverage is 8.60 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.

Chelyabinsk Forge-and-Press Plant PJSC Business Description

Address 12 Gorelova Street, Chelyabinsk, RUS, 454012
Chelyabinsk Forge-and-Press Plant PJSC is a forging company. The company's products include forgings and stampings, finished pipeline fittings, parts of automotive and agricultural applications, wheels and special purpose vehicles.
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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