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. Gazprom PJSC's
Operating Income
for the
six
months ended in Jun. 2023 was ₽894,340 Mil. Gazprom PJSC's Interest Expense for the
six
months ended in Jun. 2023 was ₽-776,406 Mil.
Gazprom PJSC's interest coverage for the quarter that ended in Jun. 2023 was 1.15.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Gazprom PJSC's Interest Coverage or its related term are showing as below:
MIC:GAZP's Interest Coverage is not ranked *
in the Oil & Gas industry.
Industry Median: 5.885 * Ranked among companies with meaningful Interest Coverage only.
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 .
Gazprom PJSC Interest Coverage Related Terms
Gazprom PJSC Interest Coverage Historical Data
* Premium members only.
The historical data trend for Gazprom 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.
MIC:GAZP vs XOM, CVX: Interest Coverage Comparison
For the Oil & Gas Integrated subindustry, Gazprom 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.
Gazprom PJSC Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Gazprom PJSC's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Gazprom PJSC's Interest Coverage falls into.
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:
* 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.
Gazprom PJSC (MIC:GAZP) has a Interest Coverage of 1.15 as of Jun. 2023. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Gazprom PJSC and its competitors.
Is Gazprom PJSC's Interest Coverage too high?
Gazprom PJSC's current Interest Coverage is 1.15. The Oil & Gas industry median Interest Coverage is 5.89. Gazprom PJSC's value of 1.15 is 80.5% below this industry median. Overall, Gazprom PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Gazprom PJSC's Interest Coverage compare to XOM and CVX?
Gazprom PJSC's Interest Coverage of 1.15 can be compared against companies in the Oil & Gas industry. The industry median Interest Coverage is 5.89. Gazprom PJSC's value of 1.15 is 80.5% 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 Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.89, based on 728 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. Gazprom PJSC's current Interest Coverage of 1.15 is 80.5% 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 Gazprom PJSC 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. Gazprom PJSC's current Interest Coverage is 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gazprom PJSC stock overvalued right now?
Gazprom PJSC (MIC:GAZP) has a current Interest Coverage of 1.15. The current Interest Coverage is 1.15 and 80.5% below the Oil & Gas industry median of 5.89. Gazprom 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 Gazprom PJSC (MIC:GAZP), the current Interest Coverage is 1.15 as of Jun. 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.
Gazprom PJSC is a Russian-based integrated oil and gas company in which the Russian government is a majority shareholder. Much of the business lies within the production, transportation, and distribution of natural gas. The company is a major gas supplier to European countries, with substantial gas pipelines throughout Western Russia and into Europe. While its oil segment is a smaller portion of revenue, the company is still integrated into the production, processing, and refinement of crude oil and refined products. Across both segments, the company produces its oil and gas from fields distributed across Russia, with end markets consisting mostly of Europe and Russia.
17GF Score
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